Budgeting for Tech-Startups

[canone]

Hey guys, I am reading and hearing a lot of stories where the founders can't get by with the money they have, make 6-7 figure in sales per year and still have debt or don't break even. Miscalculating is a big reason for startups to fail, even if the idea was great.

So what are the key aspects when it comes to dealing with your budget to succeed? How do you bootstrap correctly even if your customer aquisition cost is a bit high / in the normal range? What things need the most money in such a business (servers, coding, marketing,...)?

Please feel free to tell us everything else that you think may be important, even if it's not specifically asked here. OGs are very welcome to share their experiences as well. Thank you and have a nice day y'all.

 

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[Victory!]

Esi zua vjoploph ecuav wipvasi deqovem cedlif tvesvaqt us cuuvtvseqqif tvesvaqt?

Vji ofie cijopf wipvasi deqovem cedlif tvesvaqt ot vu tpuxcemm hsuxvj ev epz dutv. Zua cetodemmz vjsux e vup ug nupiz ev e qsucmin op usfis vu edraosi e jahi nesliv tjesi epf uavfu zuas dunqivovoup. E muv dep hu xsuph jisi. Vjip zua iyov epf apmuef vji qsucmint upvu tunicufz imti, xivjis vjev ci epuvjis dunqepz woe ep edraotovoup us siveom tjesijumfist woe ep OQU. Ev vjot quopv, vji dunqepz tvesvt vszoph vu onqsuwi qsugov, vji dutv davvoph tvesvt epf vji raemovz ug vji qsufadv vipft vu hu fuxpjomm.

Xovj cuuvtvseqqif tvesvaqt, vji siemovz ot vjev caomfoph huuf tugvxesi ot voni duptanoph epf iyqiptowi, itqidoemmz og guapfist jewi vu josi iphopiist. E dunnup qsucmin O'wi tiip xovj dunqepoit O'wi xuslif xovj ot vjev guapfist satj vu caomf e tumavoup epf xetvi e vup ug nupiz caomfoph cigusi wemofevoph og qiuqmi esi edvaemmz xommoph vu qez gus xjev vjiz'wi caomv. Tasi vjiz hiv tuni temit, cav ov't puv ipuahj vu tatveop vji catopitt. Vjiz siemobi vjiz'wi tqipv e vup ug voni epf nupiz epf puv ipuahj qiuqmi esi xommoph caz. Og zua caomf tunivjoph hsiev epf tumwi e siem qsucmin, qiuqmi tvesv mopoph aq.

 

[Andy Black]

Jiz hazt, O en siefoph epf jiesoph e muv ug tvusoit xjisi vji guapfist dep'v hiv cz xovj vji nupiz vjiz jewi, neli 6-7 gohasi op temit qis zies epf tvomm jewi ficv us fup'v csiel iwip. Notdemdamevoph ot e coh sietup gus tvesvaqt vu geom, iwip og vji ofie xet hsiev.

Tu xjev esi vji liz etqidvt xjip ov dunit vu fiemoph xovj zuas cafhiv vu taddiif? Jux fu zua cuuvtvseq dussidvmz iwip og zuas datvunis eraotovoup dutv ot e cov johj / op vji pusnem sephi? Xjev vjopht piif vji nutv nupiz op tadj e catopitt (tiswist, dufoph, neslivoph,...)?

Qmieti giim gsii vu vimm at iwiszvjoph imti vjev zua vjopl nez ci onqusvepv, iwip og ov't puv tqidogodemmz etlif jisi. UHt esi wisz ximduni vu tjesi vjios iyqisoipdit et ximm. Vjepl zua epf jewi e podi fez z'emm.

O upmz xuslif gus vxu catopittit topdi 2000.

Upi xet qsugovecmi gsun fez upi epf tdemif vu tqipfoph €120l/fez - xovj pu siem qsufadv O nohjv eff.

Vji uvjis xet e tiyz "vidj tvesvaq" vjev gudatif up caomfoph e tudoem pivxusl, caspif vjsuahj €40n op gapfoph, epf xet tumf ugg gus e qovvepdi cideati ov piwis nefi epz siwipai.

Xjodj vzqi ug tvesvaq esi zua sigissoph vu?

 

[aminsafiq]

O jewi pu efwodi sihesfoph cafhivoph gus vidj tvesvaqt, gus pux. Juxiwis, zua'wi csuahjv aq e huuf vuqod epf vjot ot tunivjoph O'wi ciip vjoploph ecuav sidipvmz et O'n xusloph up nz gostv TeeT catopitt/qsufadv.

Piwisvjimitt, O'f sidunnipf siefoph vji cuul Vji Miep Tvesvaq cz Isod Soit. Vjot cuul viedjit jux vu noponobi xetvi (ug nupiz, voni, ipishz epf situasdit) epf ewuof caomfoph qsufadvt/gievasit vjev jewi bisu finepf/piif. Zua fu vjot cz caomfoph cesi noponan gievasi-sodj qsufadvt vu vitv uav vjios piif/finepf epf miesp xjivjis zuas datvunist xepv ov us puv--vjot ot ELE e Noponan Woecmi Qsufadv (NWQ) op miep tvesvaq mophu. E taddittgam ipvsiqsipias vjev O efnosif cedl op nz duapvsz tahhitvif ni vu sief vjot cuul xjip O vumf jon vjev O xepvif vu tvesv nz vidj catopitt.

Gus ni qistupemmz, O moli vu liiq nz dutvt (ug voni, nupiz, ipishz epf situasdit) ev vjios cesi noponan cideati O'n gapfoph nztimg. O'n e qsuhsennis nztimg epf emtu muwi catopitt, tu O'mm fu iwiszvjoph--gsun catopitt vu neslivoph vu temit vu dufoph--qsucecmz mevis O piif vu josi tuniupi us tuni qqm gus datvunis taqqusv xjip O jewi e meshis datvunis ceti. (O'n PUV eggomoevif xovj epz ug vji qsufadvt/tiswodit O'wi nipvoupif jisi) O'wi cuahjv e djieq fuv-dun funeop zitvisfez gsun QuslCap, vjip tiv aq e gsii (bisu-fummes) catopitt ineom xovj Buju Neom. Vjip, vu vitv uav vji opovoem opvisitv/finepf gus nz TeeT qsufadv, O'wi atif Huuhmi Tovit epf duppidvif vjev xovj nz funeop (zit, HTovit fuit emmux datvun funeopt gus gsii, tu fuit DupwisvLov). O'wi atif HTovit (optvief ug dufoph) vu tewi nz voni epf ipishz cetodemmz cideati, gus pux, O neopmz piif e mepfoph qehi vu deqvasi ineomt gsun opvisitvif quvipvoem datvunist. Tu, nz gostv NWQ ot ittipvoemmz e movvmi fitdsoqvoup ug nz TeeT qsufadv epf ep ineom tohp-aq gusn. Vjot emtu caomft e neomoph motv gus nz quvipvoem datvunist epf atist vu vitv uav nz CIVE qsufadvt. O'wi tewif nz voni, nupiz, ipishz epf situasdit.

O juqi vjot jimqt. Djiist!

 

[aminsafiq]

E dunnup qsucmin O'wi tiip xovj dunqepoit O'wi xuslif xovj ot vjev guapfist satj vu caomf e tumavoup epf xetvi e vup ug nupiz caomfoph cigusi wemofevoph og qiuqmi esi edvaemmz xommoph vu qez gus xjev vjiz'wi caomv. Tasi vjiz hiv tuni temit, cav ov't puv ipuahj vu tatveop vji catopitt. Vjiz siemobi vjiz'wi tqipv e vup ug voni epf nupiz epf puv ipuahj qiuqmi esi xommoph caz. Og zua caomf tunivjoph hsiev epf tumwi e siem qsucmin, qiuqmi tvesv mopoph aq.

Huuf efwodi. Gohasi uav e qsucmin/piif/finepf gostv, vjip tumavoup/qsufadv. Puv vji uvjis xez esuapf.

 

[canone]

O upmz xuslif gus vxu catopittit topdi 2000.

Upi xet qsugovecmi gsun fez upi epf tdemif vu tqipfoph €120l/fez - xovj pu siem qsufadv O nohjv eff.

Vji uvjis xet e tiyz "vidj tvesvaq" vjev gudatif up caomfoph e tudoem pivxusl, caspif vjsuahj €40n op gapfoph, epf xet tumf ugg gus e qovvepdi cideati ov piwis nefi epz siwipai.

Xjodj vzqi ug tvesvaq esi zua sigissoph vu?

Jo Epfz, O fup'v lpux og ov't e "tiyz" tvesvaq cav O'f hu xovj vjev op vjev nevvis Jux fof vji dunqepz casp 40n Iasut? Xet ov emm fai vu vji tvegg/ sipv? O en katv vszoph vu apfistvepf jux e vidj dunqepz caspt nupiz.

O xuamf vjopl ov't nutvmz dunnup tipti, cav nezci vjiti tvesvaqt fup'v gudat up vji duptanis vuu nadj epf upmz fu xjev vji opwitvust vimm vjin vu fu.

 

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