u/Fast-North-7714

First time SaaS founder

Hey ya'll! I've been developing some neat network/wireless/monitoring tools as part of my SaaS platform for the better part of 3 years. I have a full time job in cybersecurity, and i've spent a considerable portion of my remaining free time on my tools. Everything is finally to the point that i'm getting some orders. But still extremely early, and now i'm thinking about liability. If this doesn't belong here, please feel free to remove! I'm getting overwhelmed with the possibility of 'what if'. It's an LLC, it has its own bank account, i'm not "piercing any corporate veils", but at this SUPER early stage, I cannot justify a few hundred $$ a month when the revenue just doesn't support it yet. No seed money, just doing it myself (cloud costs have been pretty manageable so far, and the hardware I also sell is affordable when purchased in bulk). How concerned were ya'll with liability right out of the gate? I know that's a loaded question because it depends a lot on my specific circumstances. I'm just left thinking to myself, is this one of those "just jump in head first otherwise it's never going to go anywhere" deals? If the LLC goes under as a result of a lawsuit, I can live with that, but not if ANY personal assets are on the table.

Any feedback or advice is genuinely appreciated 😄

reddit.com
u/Fast-North-7714 — 12 days ago