If it doesn't hurt to spend money it isn't money you are spending.
Also Excel never lies.
And be sure you can't get a business loan first. BE SURE, don't just think you can't.
nostr:npub15879mltlln6k8jy32k6xvagmtqx3zhsndchcey8gjyectwldk88sq5kv0n I am thinking of buying some equipment for a new business venture. I feel like this is a good reason to spend, but it’s still hard to part. It’s something that could make me money or lose me money.
Discussion
That’s my plan actually. Business equipment loan but might have to make some payments each month with btc reserves.
So then is this a tool box fallacy or a real need is my next question.
Good question. The outcome it can produce can be done in manual ways but it speeds up accuracy and reduces errors.
Are you doing it now, can you boot strap it, prove concept and then upgrade when volume demands it? Can you make enough doing it manually to pay for the equipment, half the equipment?
Is the market really there? Can you prove that to yourself before you dig into your corn?
All good questions! I’ve been doing it manually for 18 years. There are other companies providing this service and their fees are pretty steep. I have not had the equipment to produce the same results. The industry is moving in this direction and I see growth potential. If I was to have one good project it could pay for 3/4 of it. The question is if I have what it takes to land the good projects?? I think this is where my insecurity lies.