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Reply to "Husband wants to invest in his project while unemployed"
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[quote=Anonymous][quote=Anonymous]My husband is building a technology oriented project (not his career field.) He thinks it will eventually get us tons of money. I have serious doubts since he has no connections to this industry and really few connections in general. He's unemployed. He's autistic/adhd and has gotten fired from all his jobs. I just got his credit card bill which has 1400 in purchases for this project in one month, after many months and who knows how much money. Clearly we need an agreed upon budget. What would be reasonable? he thinks it is going to generate income and I do not.[/quote] I consult for investors on evaluating technology projects, and this sound like it might be a hobbyist idea. Not that it couldn’t be practical, but too often the inventors get caught in this loop of thinking their technology is the product. It isn’t. The product comes first, and how the product gets to market is crucial. Building a demo in his garage is a decent first step, but that’s when his customer base is just him. If he has no entrepreneurial experience, he needs to onboard someone to provide that to get out of the garage. [/quote]
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