Why Say No to Money and Bootstrap?


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Sep 15 2020 28 mins  

Show Notes

To fundraise or not, that is the question in this episode. Angela walks through the decision making process around whether Clinnect should go after institutional money or to bootstrap. Listen to find out what she decided.

Find Us Online

Angela Hapke - @angelahapke - https://www.clinnect.ca

Jonathan Bowers - @thejonotron - https://www.twostoryrobot.com

Credits

Produced by Jonathan Bowers and Angela Hapke

Music by Andrew Codeman (CC BY 3.0)

Transcript

[00:00:00]Angela: it's a cute chair. Not a ergonomic chair.

[00:00:04] Jonathan: Oh, ergonomics. I, so I've come to the conclusion that money should not be spared on shoes, mattresses and chairs.

[00:00:18] Angela: I'm with you on shoes and mattresses... chairs, I'm not sold.

[00:00:26]Jonathan: we have, their, their retail is like $1,200. The chairs at the office. Yeah. They don't, I don't get them for retail. I

[00:00:35] Angela: I would

[00:00:37] Jonathan: know, but still they're like 400 bucks, $450 for the chairs.

[00:00:41] Angela: expensive.

[00:00:43] Jonathan: They're pretty pricey, but they are there. They're very, very comfortable.

[00:00:47]I needed something where the, The, the arms could move up and down. Cause I like that that's important to me. And then it's just like a proper arrogance and you can pick and choose the color.

[00:00:57] So I've got orange back

[00:00:59] Angela: Oh, and a blue bottom

[00:01:01] Jonathan: I believe seat and it works pretty good. And then, and then I have an in, at a furniture supply company and she said, no, don't those ones are good, but these ones are way better. And the

[00:01:11] Angela: like $20 more.

[00:01:13] Jonathan: Yeah, her price was a little bit more. And now we've got all sorts of colours.

[00:01:15] So Paige's is yellow and gray and mine is red and gray. Yeah.

[00:01:20] Angela: Okay, you guys

[00:01:22] Jonathan: I like, I just, it here's a pet peeve of mine, corporate gear that is all black, like hoodies, all black hoodies, like, and then just, here's the standard chair. It's gotta be black. Why can't people have a little bit of expression. So we pick the chairs that are, uh, uh, uh, let us pick the fabric,

[00:01:44]Angela: That's cool.

Introduction

[00:01:44] You're listening to Fixing Faxes a podcast on the journey of building a digital health startup with your host myself, Angela Hapke.

[00:01:54] Jonathan: And I'm Jonathan Bowers and I've started Zach in daycare. Yeah.

[00:02:03] Angela: How are you feeling? How's Julie feeling?

[00:02:06] Jonathan: Uh, it's pretty scary. We were just doing transition. So every, every day, this week I'm going with him for an hour and being with

[00:02:15] Angela: Yep.

[00:02:16] Jonathan: week, just gets gradually, uh, longer. And I'm, I'm not

[00:02:20] Angela: And then you

[00:02:21] Jonathan: And then we start on the, the first, uh, that, uh, the eighth or whatever that first day in September is.

[00:02:28] Oh, it's scary. It's scary. And, and then, then yesterday

[00:02:37] we get a call. Okay. So one of the other, uh, families, has to self isolate. This may have been in contact with COVID and I was like, okay, well, this is the new reality, I

[00:02:47] Angela: This is your new reality. This is a hard moment in life in an especially hard time. Oh,

[00:02:55]Jonathan: He's doing quite well. He, we went the first day. He cried when we went in there. So one of the, one of the strange things that we've noticed about the pandemic and our, trying to follow the rules, so we don't go anywhere, but like, we don't go into buildings, we don't go places and we don't take Zach

[00:03:13] Angela: of course. Yeah.

[00:03:15] Jonathan: And so I can't remember where we went once and he was really afraid to go inside a door. He, he looked at this new space and he didn't want to go inside. And we thought, Oh, this is, this is cause he's deconditioned to going places. And then kind of the same thing at, at

[00:03:29] Angela: Oh, sugar.

[00:03:31] Jonathan: he was. Um, he was okay.

[00:03:34] Kind of going in, but he didn't want to be inside the room and it was a little bit overwhelming and he cried a bit and, uh, he, he calmed down fairly quickly. Um, and then he cried again when one of the when, one of the girls that was there, kind of ran ran at him. He didn't like that very much. but he got used to it and yesterday we just spent the hour or outside

[00:03:53] Angela: Yeah. Lovely.

[00:03:54] Jonathan: that was, that was really fun. Um, yeah, I think, I think he's going to be okay. He's going to be okay. I know he's going to be, yeah. Okay. Um, but it's, it's hard.

[00:04:04] Angela: It was about, um, two years ago, right around now is when we drop, started dropping off Nora for the first time. The first time that the actual drop-off happened , I wanted to be the one that did it, I'm going to drop off the girls.

[00:04:22]and then I just sat out in my car and cried. Both times, like I was like, so adamant that I was going to be the one that did it. And then I sat out in my car and cried and cried and cried and then phoned Brad both times like, Oh,

[00:04:39] Jonathan: it's hard. So I've been taking him because, um, cause I worked from home and I'm like, it's just. You know, five minute drive away. So it makes sense for me to be dropping him off and picking him up. And Julie works kind of across town, um, in our minds, she had planned on being the one to take them through transition

[00:04:56] Angela: Of course. Yeah.

[00:04:57] Jonathan: but they said like, no, it needs to be one parent for the whole, the whole two weeks. And so we decided it makes the most sense for me to get familiar with it because I'm going to be do to dropping things off. So it was, yeah, it was really hard.

[00:05:10] Cause you know, she was kind of geared up to

[00:05:13] Angela: she was ready. She was

[00:05:14] Jonathan: to go and do it and now she doesn't get to and I'm, I'm the one doing it. So, um,

[00:05:19]Angela: it's

[00:05:19] okay. If you sit in your car and cry after,

[00:05:23] Jonathan: I, yeah, I I'm, I am a more emotional about this than I expected to be

[00:05:29] Angela: and it slaps you in the side of the face and you don't expect it and you're just like what?

[00:05:33]And good for you for taking time off right now. I think for too often, we don't take time off in these. ...