I’m pretty far in the negative on my company. I’ve invested about $50,000 and 4 years of work into it, and it has not become profitable. But, its operating expenses are pretty low, so I have enough to maintain it for about 4 more years. If it’s still not profitable then, I’d have to look for outside investors. The majority of the expense was lawyer fees for the patent.
I’m pretty far in the negative on my company. I’ve invested about $50,000 and 4 years of work into it, and it has not become profitable. But, its operating expenses are pretty low, so I have enough to maintain it for about 4 more years. If it’s still not profitable then, I’d have to look for outside investors. The majority of the expense was lawyer fees for the patent.
Well we’re all curious now…