My company is taking shape, slowly but surely. Pretty soon my second employee is going to start full time. I had two more in the pipeline, but due to one of them deciding to pursue his higher studies (his visa finally came in), it came back to one. So I am going back to the drawing board to get one more. And I still have another vacancy which I am not filling in due to space constraints.
So far I have been building the business without much of a plan. It has been a take as things go attitude. Luckily for me, my partner is a person who has been there and done that. So to a large part I am riding on his expertise. I am not the one who plans the growth. I am more of the operations guy, the guy who works on getting things done and taking care of the delivery.
My partner is the business development guy. He is the one who has his finger on the pulse of the business environment. Being a consulting company, our growth will largely depend on the projects we land. And he is the guy who is in charge of the selling. He sells, I deliver. That’s pretty much the plan.
We both strongly believe in developing our own product or online service. That is where we want to go. Consulting gigs are supposed to fund development of products. So for the time being we are going to concentrate on landing enough consulting gigs and to deliver them exceptionally and to make a profit, so we will have some money in the bank when we start concentrating on our product ideas.
One thing we want to do is to bootstrap any products we develop. Although venture capitol is all rage these days, we think the venture capitol may not make much sense if the product you want to develop can be bootstrapped. VC funding is good if your idea requires a ton of money to build.
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