In the Black

By zach · Tuesday, February 27th, 2007

I just deposited my first check made payable to Aeroplane Software LLC. Guess what? We’re cashflow positive! I would be super proud, except it was stupid easy.

Here’s how much I spent to bootstrap this little runt:

I brought a few assets to the company: a computer, a table and a chair, and lifetime web hosting from TextDrive. As of March 1st, I will be renting a little office for $175 a month. I have my keys already but until I get Grande Communications over there to hook up my Internet and phone, it’s basically storage. I have some professional fees to look forward to, the usual. I want a talented friend of mine to design a logo for me. But I intend to be cheap. I believe I can grow my business without spending money I don’t have. I know about the principle of leverage, Other People’s Money and all that, but I’m not in any kind of hurry.

I have a funny problem now: I’m the owner of the company and also its first employee. I have to decide how much to pay myself. :-)

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Comments

w00t! Congratulations on the good start. I hope the trend continues unabated! I think your plans for responsible growth are good ones, fwiw.

Sean

Right on, go Zach!

I’d pay your employee well if I were you, he does good work and you need to keep him around and happy ;-)

 

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