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Re: Seeking Programmers.

by cfreak (Chaplain)
on Nov 01, 2005 at 03:24 UTC ( [id://504471]=note: print w/replies, xml ) Need Help??


in reply to Seeking Programmers.

SkipHuffman no offense, but if your idea is so great then why aren't you pitching it to investors who can give you the capital to actually pay people?

Or if you're worried about losing control of your company then why aren't you at a bank asking for a loan? Many banks will loan you money if you have a decent business plan and a plausable way to make money. At the very least you could be researching the countless programs that exist to help get small businesses off the ground.

Honestly I wouldn't do it because, besides not getting paid, you have no plan and you don't seem to have tried awefully hard to make a plan or to obtain money from somewhere, doesn't exactly inspire much confidence in your assertions that the stock will be worth something someday ...

You'll be lucky if you find anyone willing to work for free, its likely that if you do find someone they aren't going to be all that good ... buggy software is a sure way that your idea is sunk before it even gets off the ground.

So my advice, do some research, make a real business plan and find someone to invest in your idea. Its risky enough for someone to take a job with a startup that does pay a salary! Give someone a reason to actually work with/for you.

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Re^2: Seeking Programmers.
by SkipHuffman (Monk) on Nov 01, 2005 at 13:22 UTC

    I would suggest that you not make assumptions about my preparedness without knowledge.

    Why have I not collected money from investors, or bank loans and then used that money to pay programmers? Several reasons. The most important one is control. The second is availablity. If I am unable to get people to share the risk with me, then I can still do that. I may need those funds later in the launch process, perhaps for equipment, supplies, or facilities, which are certainly not going to be obtainable without hard funds. By husbanding my funds and funding sources now, I will still have them available later.

    So far as a plan, I don't know what you are refering to. I have a business plan. In fact I have one complete one, and my lawyer is independently developing a second one for comparison. If you mean a development plan, then you are correct that I do not have a clean written project plan, that will be the first order of business for my development team. This is not uncommon for a creative endeavor. I am not opening a Wendy's Franchise here.

    And one final thing, I am not asking anyone to work for free. I am asking experts to risk some of their valuable time on the expectation of significant rewards. Yes, I am asking them to gamble. But no more so than if I were asking them to invest money in my enterprise, then I were to turn around and pay them (or others) with that same money.

    I understand that this is not a risk that you are interested in. That is certainly an understandable position.

    Thank you.

    Skip

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