TheRodinhoods

What to do when you are BROKE: building your startup?

I don’t exactly have an answer to the question above, though here’s the case:

I started up 4.5 months back. Have had a pretty exciting run till now. The product we are building is due for launch in January 2014.

The situation which Im in right now, Im sure many have gone through before, so I thought, lemme hear it from the guru’s!

Situation Startup:
team of 3 (full time), in love with life and what we’re doing. Absolutely inspired state of being. Product due for launch mid-January 2014. One of the winners of the Intel & UC Berkeley global challenge.

Situation Personal:
INR 2k in the bank, all personal savings used up. Home husband. Wife supporting!

What is making all 3 of us stick along through this?
We are absolutely in love with what we’re building. Its not just a product. Its a way of being, a way of life for us. Take the company away and we will still be what we’re building.

What next?
The challenge is to sustain through the next 4 months, as we launch, build traction and then go to raise serious institutional money. We actually don’t need a lot even now, but sure giving up a good chunk of the company on the basis of a working prototype, (soon to launch, for a small sum) ain’t making sense (@Alok)?

I see 3 evident options:

Any other novel ways? I’d be happy to know and explore!

Awarded the

“Rodinstar” Post 

of the week!!