Subject:
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Re: May-June 2000 Mania Magazine
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Newsgroups:
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lugnet.admin.general
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Date:
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Tue, 16 May 2000 00:48:32 GMT
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Viewed:
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729 times
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In lugnet.admin.general, Todd Lehman writes:
> > (Just an idle curiousity question. I suspect that to many of us, the
> > intrinsic WORTH is of your work is 500+/hour, but that when all is said and
> > done and LUGNET is a way for you to make your living, when you tote it all
> > up, you're going to end up not quite having made minimum wage ... but having
> > had fun, which is the Main Thing)
>
> We seriously need to explore other means of funding soon -- perhaps a small-
> business loan or somesuch. It's getting a bit big to keep doing part-time
> and we need perhaps to hire a third person part- or full-time, etc., and get
> some not-in-the-livingroom real office space.
Nice dodge. :-) I agree, you probably do need more funding/people, but truly an
awesome duck of the question without actually saying you were ducking. :-)
I'd say add more valueadded features then reconsider the fee structure, or get
the commerce portions done and start charging for them.
That's a better way to go than seeking funding from sources that may require
you to give up your control. (Believe me, that's what loans and VCs do, take
control away from the visionaries).
How about automating factoring? I'd *grant* you 1000 USD without wanting to be
repaid to get me out of the business, I *hate* it so much. Properly automated,
it can make money. But it consumes all my spare time and I hate it. Never
should have started without thinking about how to automate it first.
++Lar
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Message has 1 Reply:
 | | Re: May-June 2000 Mania Magazine
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| (...) ... (...) It seems to me that making the AucZilla engine available to parts auctioneers would generate more revenue than any other single added innovation. Particularly if you could come up with a way of alerting your mailing list (which I (...) (25 years ago, 16-May-00, to lugnet.admin.general)
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Message is in Reply To:
| | Re: May-June 2000 Mania Magazine
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| (...) Instead of "somewhere between 7% to 9%" I should have said "between somewhere around 7% to 9%". It's an educated guess -- to know a "real" figure would require going back in time and taking a different path to get actual numbers. It's (...) (25 years ago, 16-May-00, to lugnet.admin.general)
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