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Browsing Tag

finic

new project
# Finic News, PICR, Travel

Huge Update! New Project!

The past few weeks have been overwhelming! So much has happened. I haven’t written anything on my blog, and some of you might be wondering what’s going on. Some of you even began to ask my colleagues about th...
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August 1, 2015 by vitaliy
blogging every week
# Finic News

Reality of Blogging Every Week

When I started blogging about Finic, I told myself that I would regularly blog. At some point, I even wanted to blog every day to be completely transparent about our startup progress. I kicked off this commitment with my...
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July 1, 2015 by vitaliy
finic update
# Finic News

Finic Update: We Have Less Than $500K Left and Nothing to Say for Ourselves

There are moments in life when you have a ton going on and absolutely nothing to say. This is the case with Finic right now. There are so many thoughts, ideas, and hypotheses that we are experimenting with that our compa...
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June 24, 2015 by vitaliy
startup
# Advice and Experiences

Stop Sharing Your Successes, Start Sharing Your Failures

Imagine if we list each person in an Excel spreadsheet with two columns, one column with their name and the other with every mistake they made throughout their lifetime. I’ll bet you that if you sort out this spreadsheet...
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June 10, 2015 by vitaliy
business finances
# Finances

Another Month Behind: Financial Report for May

Exactly one month ago, I published a post titled “116 Days Left and $786,426.44 to Go”.  As I write this post, we have 85 days left till our money for Finic is out. We spent a total of $169,864 in May (a bit less than in...
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June 5, 2015 by vitaliy
finic print
# Finic News

Here is Our New Business Model

It took a tremendous amount of work to come up with our new business model that I am about to share with you. I ask that you spend 15 minutes, carefully reading this blog post and leave your feedback in the comments sect...
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June 3, 2015 by vitaliy
how to finish what you start
# Advice and Experiences

How to Finish What You Start

I’ve met many smart, talented and capable people in my life. When I worked in construction, I remember working with a guy who had two computer science degrees but couldn’t get a job for some reason. It seemed odd t...
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May 20, 2015 by vitaliy
startup
# Finances

Why Do We Spend So Much Money Pre-Revenue?

I recently wrote a blog post titled Why We Spent $172,298 and Only Made $45 and got a ton of messages, responses and comments, such as this one below: Many of my close friends, acquaintances and blog subscribers do not u...
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May 13, 2015 by vitaliy
ferrari
# Finances

116 Days Left and $786,426.44 to Go

What do 116 days left mean? It’s about four months, a little less. What’s $786K? It’s a pretty nice house in Portland. It’s three Ferraris or two Rolls-Royces. I recently looked at our bank account and made a simple calc...
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May 5, 2015 by vitaliy
meeting02
# Finances

Why We Spent $172,298 in April and Only Made $45

I promised I’ll be completely transparent, today I’m going to share our finances. We spent a total of $172,298 in April and made a total of $45 from one sale during the whole month. I know… it’s kind of sad. Here i...
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May 1, 2015 by vitaliy
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