User Power
Value/Post Ratio
143%
- Apr 17, 2018
- 950
- 1,356
My advice:
Prioritize what would be the very easiest feature to develop, if your app had only one feature. Then, what would be the second easiest feature, and so on.
Break down the modules and functions you'll need. For each of them, is there a good enough open source library that could provide a prototype or basic first version (think in "version 0.1" terms) with minimal customizing? What would remain to be done? Could that be packaged as some work for which you could seek bids from outsourcing shops, rather than your having to pay the full salaries of the development team in-house?
Figure what this would cost, and what you'd have to sell it for to make it work on that simple level.
Go back to the companies that have expressed interest. Ask them, if I had only this first feature as an initial version, would you like to get a discount for being an early adopter/beta tester, or perhaps five years free service if they prepay the first year in full up front to fund your development?
If so, you can bootstrap some initial sales and then pitch investors on funding your next steps.
If you find someone who could manage the entire technology side as your Chief Technology Officer, why would they be willing to work to "at least survive" rather than getting plenty of money right now from someone who's already fully funded? As I don't know what your product and business plans are, I don't know if I could be your CTO/co-founder. Suppose I could. Why would I put 50 hours a work into working for you for just enough money to buy ramen now, rather than putting that 50 hours a week into looking for businesses that I could sell technically simple Wordpress sites to as part of an online marketing program for them worth $10k each?
Prioritize what would be the very easiest feature to develop, if your app had only one feature. Then, what would be the second easiest feature, and so on.
Break down the modules and functions you'll need. For each of them, is there a good enough open source library that could provide a prototype or basic first version (think in "version 0.1" terms) with minimal customizing? What would remain to be done? Could that be packaged as some work for which you could seek bids from outsourcing shops, rather than your having to pay the full salaries of the development team in-house?
Figure what this would cost, and what you'd have to sell it for to make it work on that simple level.
Go back to the companies that have expressed interest. Ask them, if I had only this first feature as an initial version, would you like to get a discount for being an early adopter/beta tester, or perhaps five years free service if they prepay the first year in full up front to fund your development?
If so, you can bootstrap some initial sales and then pitch investors on funding your next steps.
If you find someone who could manage the entire technology side as your Chief Technology Officer, why would they be willing to work to "at least survive" rather than getting plenty of money right now from someone who's already fully funded? As I don't know what your product and business plans are, I don't know if I could be your CTO/co-founder. Suppose I could. Why would I put 50 hours a work into working for you for just enough money to buy ramen now, rather than putting that 50 hours a week into looking for businesses that I could sell technically simple Wordpress sites to as part of an online marketing program for them worth $10k each?