Task: Practicalities

Required Question

If your team is doing this full-time, can every team member be able to bootstrap this for another 3-6 months?

Yes
No

Considering each iteration and testing takes 1-3 months, most teams can probably go through at least 2-4 cycles before having to start flipping burgers at McDonald's. This is important.

You need to to be able to support your project for at least 3-6 months because after you launch your product, you will need time to get some traction or validation. Fund raising will often require a lot of time. Believe it or not, funding typically take more than 3 months to close.

Things you need to plan are: rent, utilities, mobile service, internet, food, transportation, and hosting.

Bootstrapping