Profitable, in 3 weeks! | balsamiq - The Diigo Meta page

• 05 Mar 09
  

  F H

  Some Lessons Learned
  
  * The predictions I had made back in Feb to convince myself to start Balsamiq were absolutely and totally WRONG. I mean, not even close. In those I had no customers for the first 3 months and was in the hole for 44K, and not $2,4

  tips business entrepreneurship startup software

• 17 Jul 08
  

  Joel Liu

  startup

  • The lion share is lawyers fee: I could have saved money if I incorporated myself or wrote my own EULA, but I’m much more comfortable knowing that a professional lawyer did those (I use a pretty large firm in San Francisco). The telephone costs are mostly for the Skype-enabled cell-phone which I bought, which allows me to do world-wide customer-service from wherever I am. The Taxes are the $800 that California wants from any LLC, just for existing. The software is SnapzPro and Screenflow, which I used to do my demo videos. The rest is small stuff.
  • Basically I had 2 Confluence sales and 40 Desktop sales. Can you see why I am focusing my advertising efforts on the Confluence version? BTW, I am extremely surprised and excited about having those 2 sales under my belt already, I fully expect that most sales of the Confluence version will take much much longer. It hasn’t been a month since launch so no trial period has expired yet. I am also considering tweaking the pricing model for the plugin version, more news on it soon.
• 

  Richard Klein

  startup money small business lessons tips

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