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Validating idea to my working class father? 21yo - From making 45k$ in my last business to starting from 0 and asking him for money (alien.top)

submitted 1 year ago by AverageJohnnyTW@alien.top to c/entrepreneur@indiehackers.space

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TL;DR - 21-year-old entrepreneur, ran semi-successful business, faced burnout, got diagnosed with ADHD, seeking advice on a 'service as a product' design business, and need to validate it so I don't waste money that my father wants to lend me to run ads.

I’m 21yo entrepreneur with a bit of an unusual journey and I need advice.Long story short, traditional education system didn’t suit me, so I was always learning stuff on my own. Even thought I come from lower working class, I was always into entrepreneurship, literally selling YouTube banners for 0.5$ when I was 12.

After huge success with my Discord development agency last year, my journey took a turn for worse is when I experienced severe burnout, leading to a year of inactivity. There wasn’t a single day where I didn’t think about how I’m wasting time. Few days ago, I got diagnosed with ADHD. I decided to take meds and it was like putting glasses on for the first time, so without missing a beat I jumped right back.

Now I’m at a crossroad. I have an idea for a “service as a product” design business, I made the MVP on the freelancing site I ran my last business on, since I have a bit of past clients to try to contact there. Problem is, all the money I’ve earned is gone and I literally had to ask my dad to lend me some money to run ads from his saving budget. He agreed to lend me a bit to get started, but I need to validate my idea to him. I definitely feel bad asking him for money and would feel even worse if I at least can't get assurance this is something that could work.

This is where I need your opinion and advice if this is something viable (of course any advice in general would make my day):

General idea is that a client can make unlimited design requests for a flat monthly fee, instead of having to work with multiple freelancers or pay in-house designer (which can be costly, especially at times when they don't have work for them)
- Do you think this is something viable?
- Do you think there is a market out there for this?
- What would be the best way to promote this?
- What would we the best way to communicate the value to potential clients?

I always try my best to give advice to people when they need it, so I really hope you guys can give me guidance this time 🫶

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[–] AverageJohnnyTW@alien.top 1 points 1 year ago

I was always aiming for 110% quality. That meant... 10-13 hours workdays, waking up at 3am to answer clients from different time-zones... now I know some of it is to contribute to ADHD like being unable to finish tasks, waiting for adrenaline to kick in, etc..