I started a startup about 1.5 years ago and raised about $100k. However, most of that is spent on ads, travel and meeting with accelerator mandatory workshops. I have $50k in bank now. I am not drawing salary and living on my savings at this point.
It is incredibly hard to survive without any income on the west coast. I have considered moving but all other obligations doesn't let that happen.
I don't know if I am burned out or something is wrong with my brain. I am just numb to everything since 2023 when my father passed away.
So far we have made $4k but that's it. We released a product in February after significant delay in development. That product flopped. We have made one sale.
I know talking to customer is a cliche at this point. But, I am just not finding anyone to talk to. I have little to no network. Most of our software is for Marketing folks. I am using LinkedIn as primary channel and I do get 3% response. But, it is either not interested or sometime in the future.
I am at a crosspoint now. I don't know if I should continue to work on my startup.
I am relying on drawing from my savings but it is not sustainable. I desperately want to make it work and earn at least living expenses through my work.
I have spent a decade or more in tech but as an introvert and partly autist, I have kept to myself.
How do I find users to talk to and how can I reach out to them? I am finding that building without verifying or talking to users is a costly affair.
I would love to get some guidance.
I disagree that you’ve fully failed (as the other commenter put it), but the current situation is untenable, you can’t make progress on your startup under that stress and you can’t survive/thrive in regular life.
Put that on top of grief from losing a family member and you’re basically doing the startup on hardest possible mode.
Unfortunately the job market isn’t great right now but if you put the energy you used to build the company in, you’ll find something.
Oh also talk to your investors and be honest/share your plan.