Question for developers, entrepreneurs and investors.
Question to all investors
I’m a solo developer and have been building a product for about 4 months now. It’s aimed at solving multiple problems in the automotive industry—this is a space I work in every day as an automotive mechanic running my own business for the last 5 years. So the idea came directly from real-world demand I’ve seen firsthand.
Right now, I’m balancing my full time job, supporting my family, and trying to build this in my limited free time. It’s getting to the point where I feel like the opportunity is strong enough to justify going all in—but financially, I can’t just drop everything without some kind of runway.
I have a working MVP I can demo, a 5-year business plan, clear understanding of the market (including TAM), and strong conviction that this solves real problems.
I’m also more than willing to connect with any interested investors and walk through a live demo of the product.
My question is: is it realistic to secure early-stage funding (angel, pre-seed, etc.) without an established customer base or revenue yet? If so, what’s the most effective way to approach that process?
Any advice from people who’ve been in this position—or from investors themselves—would be hugely appreciated.
I'D LIKE TO ADD THAT I BOOTSTRAPPED MY CURRENT MOBILE AUTOMOTIVE REPAIR COMPANY FROM THE GROUND UP FOUR YEARS AGO AND HAVE BEEN PROFITABLE AND HAVE VERY LITTLE OVERHEAD. MY COMPANY NAME IS TREADMEDIX. As a mechanic I started encountering obstacles on a daily as well as my customers. Pretty much every other mechanic I know has encountered the exact same obstacle. And my product solves that. My current company is doing fine but the potential for this product is 1000x what my company currently can do.