Go Big or Build Slowly

Since I am a budding entrepreneur, this is intended to be a “Question of the Day”. If need be I can re-write this any way you want, or you can edit it as well, thanks!

While working a full time job, I have devoted my nights and weekends to developing a community-powered marketplace, which I feel will be incredibly successful. I have bounced the idea off many people, and they seem to be excited about the site and the movement it can create. I now, however, stand at a fork in the road. All I need now, is to get the word out to people. Since this is a consumer-oriented application, I feel going the standard Web 2.0 route and getting blogger attention and “going viral” will not work for this application, and will simply end up wasting away on a web host like so many sites do nowadays. So, do I Go Big (get venture financing) or Build Small (scrape together whatever funds I have to eke out some small print ads). It seems the tech entrepreneurial world is torn right now, with half the crowd saying “get funding” and the other half saying “VC is evil, do it yourself.” What are your honest thoughts on the matter?

About Zvi Band
Recent college graduate, now in the consulting world and loving it. However, began to realize my true career goal as an entrepreneur, bringing ideas of mine and my friends to fruition. Huge geek.

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Kejal Shah
(-1 points)
September 04, 08:09 pm

Zvi,
The dilemma is omnipresent, I think. Even within a group of founders.

My personal take: You need funding if the idea execution needs it. Else, bear the expenses till the execution solicits some funding.

All the best
Kejal

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