Can preorders work for software-as-a-service companies?(nathanbarry.com) |
Can preorders work for software-as-a-service companies?(nathanbarry.com) |
Dinging a bunch of credit cards for full value and then spending that money to develop what you've already sold could easily turn ugly. I can't tell exactly what your product is, but assuming there is actual code behind it - software is hard and frequently takes a lot more work than you expect.
I'm not saying it won't turn out fine - but if you're simply looking to validate your product then i think it'd be really wise to keep 100% of that pre-order money segregated, unspent and available for no questions asked refunds.
If everything totally fails (possible, but not likely) I will repay everyone out of my own pocket.
That gets much closer to consulting or contract work. Not products.