How much does it cost to build a startup?
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Transcript of How much does it cost to build a startup?
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Karol Zielinski karolzielinski.com @KarolZielinski
How Much Does It Cost to Build a Startup?
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Yeah, I know one startup does not equal another startup.
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But let’s say you want to build more or less a typical web business, web startup.
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In such case your costs could be split into…
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3parts
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1Costs of having a company
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Accountancy $300 per month should be enough
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Lawyers one-time cost of $500 should be enough
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Other costs let say $100 per month
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2Costs of building the
product/tool
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Let’s say you are the business/product guy and you have a co-founder
that is able to code
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Graphic designer one-time cost of $1000
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Front-end developer/webmaster one-time cost of $700
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3Costs of production
environment
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Domain one-time cost of $5
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Server $20 per month
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The other costs?
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No, there’s no place for other costs.
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You don’t need to travel and attend conferences at this stage
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You don’t need to travel and attend conferences at this stage
You don’t need to buy other SaaS services at this stage.
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You don’t need to travel and attend conferences at this stage
You don’t need to buy other SaaS services at this stage.
You don’t need to hire more people at this stage
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You just need to focus on building your product.
And only on this.
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Let say you’re going to build your startup in half a year.
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Let’s sum up all of that…
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($300*6) + $500 + ($100*6) + $1000 + $700 + $5 + $20
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$4 625
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A lot or not?
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You are able to invest such an amount of money on your own, without raising
money from an investor.
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http://karolzielinski.com @KarolZielinski fb/karolzielinski
That’s it, thank you!more on Startups:
http://bit.ly/1LZPDpA