Startups, the Justdecide.com dilemma of the week is a feature here at nibletz.com where you can participate in an active discussion with other like-minded startups and founders to help a fellow startup with a dilemma. You can also submit your own dilemma to startups@nibletz.com if you’re having trouble making a decision about your startup you can crowdsource our community via justdecide.com
That’s exactly what Atlanta-based entrepreneur Aaron Gray did. Gray is the founder of the Legacy Movement, with a goal of becoming the go-to site for deals and to change the discussion about entrepreneurship and founding especially in regards to under-served communities of entrepreneurs and founders within the startup ecosystem. To that end Gray is trying to help all entrepreneurs and founders with an emphasis on black-owned, women-owned and latino-owned startups.
Gray has a dilemma though, and it stems from his strategy to build his user base and community base before focusing on funding. For Gray this is actually a great strategy, if he can build scale for his startup then it becomes more valuable in the eyes of the potential investor. Naturally with more funding he can do more for both aspects of his startup, the Legacy Movement.
Gray is still working a full-time job, which he needs to “pay the bills”. He knows at some point he’s going to need to leave his day job so that he can focus on his efforts with his startup. He’s come to the startup community to gauge their feedback and help him solve this dilemma.
His options include:
Continuing to work full-time while working on his startup in his spare time.
Negotiate a part-time agreement with his current employer
Leave his job
Raise an angel round of funding to subsidize his switch from full-time employment to full-time founder.
You can find out more about Gray’s back story here.
Each week we will present to you a startup dilemma of the week with our partner justdecide.com We would love it if you could take just a few minutes out of your day to weigh in on the discussion. The “Startup Dilemma Of The Week” is a free resource to any startup everywhere else, and you may need it some day.
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