ok, for now, it seems like the same debates that always rage when making a budget. you can either be honest with your self and try to spend less, or you can lie to yourself and not have enough.
I am strongly in the camp of planning for the reality of the situation. when it comes to entertainment, its less than 5% of the budget, i think this seems fair. That is 2 dates at the movies, 2 nights of drinks, or one SCCA race a month.
as for food, i might be able to get by on ramen, but i might also miss out on other opportunities if i was out and about.
also, unlike many of the teams applying we nearly have a product ready to role now, for us this is all about the networking and so our strategy is quite a bit different than the make it go strategy, for us this is about a life style shift, its about committing to the start up and if that means moving to silicon valley, this might be the kick in the pants to do it. From my stand point that means that the wives will most likely move too. They may not move at first, but i suspect they will want to move out there.
Our goal is to start serving two customers by jan'08, which would be before we leave, and have a revenue potential of $1,000 - $20,000 a year depending on how well our app works.
Our biggest fear is how do we scale our application, do we have all of the kinks worked out, will the security model of the web keep shifting, etc...... How can we do this full time?
Just recently some of our team finished paying off their weddings and cars. I am just trying to figure out what it will cost us to go out there so we can make a decision on what our next move is.
I am strongly in the camp of planning for the reality of the situation. when it comes to entertainment, its less than 5% of the budget, i think this seems fair. That is 2 dates at the movies, 2 nights of drinks, or one SCCA race a month.
as for food, i might be able to get by on ramen, but i might also miss out on other opportunities if i was out and about.
also, unlike many of the teams applying we nearly have a product ready to role now, for us this is all about the networking and so our strategy is quite a bit different than the make it go strategy, for us this is about a life style shift, its about committing to the start up and if that means moving to silicon valley, this might be the kick in the pants to do it. From my stand point that means that the wives will most likely move too. They may not move at first, but i suspect they will want to move out there.
If you want to see a demo of our app in adobe air. you can find it at: http://s3.derby.adobe.socialhelix.net/zcalendar.air
Our goal is to start serving two customers by jan'08, which would be before we leave, and have a revenue potential of $1,000 - $20,000 a year depending on how well our app works.
You can see an early demo we did for one of our customers last year at http://info.socialhelix.com
Our biggest fear is how do we scale our application, do we have all of the kinks worked out, will the security model of the web keep shifting, etc...... How can we do this full time?
Just recently some of our team finished paying off their weddings and cars. I am just trying to figure out what it will cost us to go out there so we can make a decision on what our next move is.