If you were/when you have started a company...
 

How many months' operating costs would you want in the bank before you would start a company?

More than 6 months?

I would say this is sort of one of those, "how much could I make from a 50k a day TGP" type questions. It depends really. What are you selling? What is the projected client base? What is the demand in the area for said product? What already established competition for your product is in the area?

There are alot of variables that could help or hinder when OR IF your business "takes flight".

Doh!!

So I would say, yes, without knowing any variables more than 6 months is a fair statement.

Lol. Thanks Nick.

I say this because I have just been told the company I work for had six months worth of cash in the bank 5 months ago when I sterted there. We are in a very aggressive, crowded market which is, however expanding.

It is a technology solution with a reasonably long (1-2 months at least) sales cycle.

Think that answers my question as well as yours. :(

I started out with nothing, ive probably made $4k so far this year

Can I ask...since you started with nothing how did you make money? Doing what? I want my own website which is why I ask.

Read the boards, do your research. Spend money on hosting. Plan. Work. You will make money.

Check out www.cozyacademy.org and read the articles and tutorials there. It can be a big help for you. I would suggest also, focus your attention in one area when you get started. Don't get overwhelmed by the amount of different things there are that could potentially be money makers in this industry. Figure out what best suits you, and hit it with both fists.

Also, yeah I would say more than 6 months funding would be good for what you described your company as being involved in. Again though, that all depends on how many good clients you nail down in that first 6 months.:(

Unfortunately I know nothing about hosting Mr. Semen. But thanks for the advice on telling me how to read. I know beginnners can be annoying but don't post if you dont' have any good links to try or better advice than to "read the fucking manual".

750000$.

Nice reply. I see you're going to fit right in.

:1orglaugh

I think if it's for an online business you need at least enough to bridge a period of 18 months. You should also have an idea when your company is going to change from a deficit return to a break even. Ask your accountant I would say, he will be the best one to fill you in on your question.

Have some mercy :1orglaugh

We kept working our day jobs for the first year in business.