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    Startups [Suggestions] What amenities are good for morale and team building at a very small startup?

    Startups [Suggestions] What amenities are good for morale and team building at a very small startup?


    [Suggestions] What amenities are good for morale and team building at a very small startup?

    Posted: 06 Mar 2018 09:00 AM PST

    Hi all, I hope this is an appropriate place to post this. I was hired at a small startup six months ago as one of the first two employees (there are two co-founders so four people total). Our funding is coming together (hooray!) and the boss is asking what amenities we would like around the office.

    This is my first job out of college and I don't have much to base it off of. I want to make some suggestions that will benefit new employees we are likely hiring in the next 6-12 months.

    What types of office environments/amenities have worked best in your experiences? Do you have any suggestions that are focused on boosting morale or team building? I'm the young guy here and I want to suggest something that will bridge that age gap. Thanks!

    submitted by /u/StrawberryLarry
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    The Roadmap to Your Roadmap

    Posted: 06 Mar 2018 04:01 PM PST

    I suspect there are few things more dangerous to entrepreneurs than other people's advice.

    I see lots of folks giving very specific direction on how others should get started, and I think that's generally the wrong approach.

    The key is to learn how to think for yourself. Relying on other people's specific advice about how to get started, even when they're brilliant, successful people with fantastically relevant experience, is a very, very, very bad idea. Without doing the work to lay your own foundation, you're essentially borrowing someone else's and retrofitting it to your own house, hoping that everything will line up properly and not collapse.1

    Mediocre metaphors aside... the foundation for a business is:

    1. a purpose
    2. a problem space
    3. the creation of value for customers

    So if you don't have:

    1. a good purpose statement
    2. a good problem statement
    3. a good value proposition pegged to (a) customer profile(s)

    please for the love of god don't spend much time or money doing anything else until you figure that stuff out and let this all guide your roadmap.

    How do you know these things are good? You talk to your customers (but do your homework and make sure you follow the rules), and you get feedback from smart people who have experience with purpose/problem statements.

    Purpose statements, problem statements, and value propositions have a few things in common

    1. They're each 1 sentence.
    2. They don't have any conjunctions (and/but/or/also) or punctuation 'n' stuff that help sentences have more words than they generally need.
    3. They have no buzzwords.
    4. They don't mention HOW you do what you do.

    The point isn't to distill every single part of your idea into one sentence. It's to drill down to the CORE, so that you can truly understand what lies at the heart of your business.

    If you do this properly, you'll have a TRUE North Star to follow that will guide your strategy and messaging and recruitment and everything else you do. You'll be more focused, you won't be running around wasting time like an average startup founder, and hopefully you'll crush it.

    If you communicate this properly to your (potential) employees, partners, and customers, they will understand you, and if you've done your homework properly, they'll find themselves inexorably attracted to you and your business.

    1 Yes, I appreciate the irony of this post. Which is why it's worth saying that there are plenty of cases in which this post will not be a good fit for you. If your "process" relies on questioning the judgment or yourself and others, not taking things at face value, and validating wherever and whenever possible, you'll be able to figure it all out. And that's basically what this process is meant to do.

    submitted by /u/amosschorr
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    I could really use your advice on my future.

    Posted: 06 Mar 2018 10:07 PM PST

    So, I participated in a closed event to pitch a start up idea for $10,000 and a free office for 3 years in an accerator at my undergraduate UNI. I thought I would just burn some free time in my senior year before I left to go to a Ph.D program in Economics across the country.

    I somehow won, and it was honestly an accident. Now a lot people want me to pursue the startup. I think the idea could be very successful, but it would mean putting off graduate school. A new separate firm has contacted me asking to invest $500,000 in the company. This is crazy and I am at a loss on what I should do.

    Right now i keep alternating between extreme joy and some kind of existential dread.

    My background is entirely in economics. I have little knowledge of business outside of economic modeling. I have a strong analytical background. I am currently the only person working on my startup, and don't have any kind of team.

    submitted by /u/throwwayftw
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    Automated web application advice?

    Posted: 07 Mar 2018 01:28 AM PST

    Hello, /r/startups

    How are you guys doing today?

    Me and my best friend recently got this idea of a web application which would be fully automated. It is a B2B application mostly serving the startups.

    It's a niche product, and we did look around and did our market research to find a competitor but of course we didn't find any. There is one similar business although which serves only one module.

    We have many modules so its not going to be much of trouble.

    The thing is we are 21 year old's and most likely we would be shrugged off if we pitch this idea anywhere outside or to anyone. We don't have money to develop the product, but we do have clear cut idea on how to execute it.

    We want to take the risk needed and head forward, but have no idea how to headstart.

    So, what are our options?

    Could we get a bank loan?

    Thanks in advance :)

    submitted by /u/CRYTEK_T-REX
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    How would you market a failed startup when applying for a job?

    Posted: 07 Mar 2018 12:37 AM PST

    TL;DR: Your startup failed. What's the story you tell future potential employers?

    Suppose you have a startup that failed to reach the plan. So at some point, you start to apply for other jobs.

    In the application or during the job interview, how would you market your failed startup as a success story?

    It's probably good to be honest, and you can always tell a story about what you have learned from the experience. But on the other hand the fact that you failed means that your original plan was just not good enough.

    So how would you market this as a success?

    The only thing that I could think of is that there was some unforseen change in the market after you started. But this is very unlikely to be the real reason behind most startups' failure. More likely is something like:

    • users don't like the product, no traction

    • market too small

    • competitors too strong

    This to me sounds difficult to explain as a great story...("Why didn't you see this before when you made your plan?")

    Any ideas/experience?

    submitted by /u/tbrt
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    Does anyone have advice on what to do when an investor approaches you?

    Posted: 06 Mar 2018 07:34 AM PST

    Hi,

    New to this sub... so hi! We've been running our start-up for almost a year now and already gone through self-funding and crowdfunding. We've seen a lot of demand and got interest from retailers etc. but of course need some capital to help us along the way.

    So... from being in press we've had some people contact us about investing in our company. As stupid as it sounds - we don't want to make the wrong impression, make a mistake, or fluff it up at the start so we're really keen to know if anyone here please has any advice on what to get back to them with? What are some things to watch out for? How did you evaluate if they would be good for you, especially if they want to be directly involved? How did you evaluate what % of your company to offer in return for investment and did you negotiate?

    Lots of questions but absolutely any help, advice or your own stories would be seriously beneficial to us.

    Really appreciate it,

    Thanks!

    submitted by /u/IAmJay95
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    Permits/certificates to sell perishable beverage directly to retailers.

    Posted: 06 Mar 2018 02:54 PM PST

    Hi all,

    I am trying to start a perishable beverage product that contains dairy. Currently, I am trying to get into a Farmers Market but would like to get into local, ma and pa grocery stores in the future. I was told that I needed an NSF(National Safety of Food) certificate to sell to the retailer without having to get a commercial kitchen. Is that true? Do you also need a business license to sell indirectly and directly to consumers? I talked to my local health department and they told me to get a processed food registration application with the state. I know with food, there are a lot of permits/health certificates that I need to get so if there are any certificates that I missed, it would be great to be informed! :)

    Any advice is appreciated! Thanks in advance!

    submitted by /u/controldude
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    In your opinion what should a fresh graduate learn to make themselves an attractive candidate for a role at a start-up?

    Posted: 06 Mar 2018 04:51 PM PST

    As the title says, I've graduated University (Bachelor of Arts, unfortunately) and I'm looking for work at a start-up because I imagine that's where I can learn the most possible in the shortest amount of time. I'm not looking for a job offer in this post; what I'd like is some advice from founders and employees as to what hard skills I can learn (on my own or in a course) that will make me an attractive candidate.

    At the moment, I'm thinking Excel and Web Development. Excel because it seems any finance related role requires it and Web Dev because it would teach me some of the foundations of tech. Would everyone agree, or have any alternative suggestions?

    While start-ups have displayed interest in me, I'm often being pigeonholed into back-office roles with little to no exposure to the product or purely client facing roles with no exposure to tech or harder skills like Excel. I completely understand why they are doing this but it doesn't quite fit with that I'm looking for.

    Thanks for any and all advice, I appreciate it.

    submitted by /u/Satan_Is_Win
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