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Should I start a new startup for the investor tool?

We are in an exciting phase with the investor tool. I still call it that but it is really now a tool for Amazon sellers. It allows for complete management from the purchase to the sale of the product, covering every small step necessary.

We are currently implementing it in our daily routine. It was time to take the step, but as always, there were delays that have set us back. Just when you think you have everything under control, the next surprise comes.

Setting up a company for the tool

In fact, we don’t have to set up anything poland whatsapp number data because we already have companies for this and we could simply give it a new use. The idea is to involve people in the project through shares in the company.

That’s the question. How do you value each person’s participation? I don’t have all the answers here. I don’t think I can apply the typical evaluation that is done with a start-up, but I’m not going to apply that of a normal company either.

WhatsApp Data

Necessary investment

I obviously haven’t thought about having a premium domain is not just this either. It’s a matter of planning how we want to bring the tool to market. The minimum investment required is for development and subsequent maintenance. I estimate that by 2024 we will need at least 30,000 euros. It’s not that much because we’re only counting on paying for the development of the tool.

Development and launch phases

We could start and finish it in 2024. In 2024 we would have developed version 2.0 of the tool. In 2025 we would launch it in our own Amazon accounts. In 2027 the first customers would be using it.

If we want to do it seriously, we have to take the step and plan the formation of a team for it. It won’t be easy to find the right people, but it never is. I have a few candidates in mind for this.

Assemble a team

This post will have been more useful to me turkey data than to you. I now have some details clearer but it is clear that I have to sit down to clarify what I want and consequently fix the details. It will be fun.

Between all the products of this brand, more than 13k have been invoiced and nearly 3k in profit. It is a very good sign to see that the weight in profit with this own brand is already at 17%.

Hopefully, within a year I will be writing these lines and the weight will already be over 50%. Everything will come, let’s hope that this moment comes sooner.