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    Friday, July 6, 2018

    Startups Should I include or leave out a About Me section?

    Startups Should I include or leave out a About Me section?


    Should I include or leave out a About Me section?

    Posted: 05 Jul 2018 08:40 PM PDT

    I'm the sole creator of everything and was wondering if I should put a About Me with a picture or if that would hurt it. Maybe some people might think everything being run by one person is not organized or professional. On the other hand, it would give me a lot of exposure. Why I'm hesitant is because I'm Asian and worried some people might have a negative attachment to Asian people. I currently work in a white dominate company and I've seen how minorities get push aside or not wanting to be the face of the company but rather behind the scene instead.

    submitted by /u/Helpp
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    App Company, No Capital

    Posted: 05 Jul 2018 01:29 PM PDT

    I've developed my app business with trademark, business license, business plan, legal (TOS/Privacy Policy), App designs, management team assembled, etc. I have a social media following with 1,000 followers(and growing) and can take a decent guess as to who my "target users/customers" will be. We are building an email list of beta testers too.

    The problem?

    I outsourced work for an MVP and got screwed over so i had to start over. I began looking for local developers to code the app but they all want tons of money which is why I outsourced in the first place. I have a tech guy as a part of the management team but he just has a CS degree and is currently learning how to code for iOS.

    The estimated amount needed is $25,000-$100,000 to make things launch and execute well. Yes, the MVP with all the features is very expensive because American developers want so much money not because there are too many features. This price also includes employees and marketing so it's not just for development.

    What do you do? Family, business partners, and friends don't have the money. I'm completely lost. Been trying to launch this for a very long time now and the one thing holding me back is money to get a basic app developed! I refuse to give up though because this idea can truly help millions of people out there and I believe in it.

    Solutions that aren't too feasible:

    Angel Investors don't invest in ideas, there is extreme competition with incubators/accelerators, seems like there are very few government grants/programs if you are a white male to be honest, and a business loan is way too risky. Could anyone help me find grants or investors willing to help out?

    submitted by /u/Coolguy1912
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    Utter Disorganization as our product marketing company went from $0 to $100,000 in our pipeline, overnight.

    Posted: 05 Jul 2018 11:04 AM PDT

    I need your opinion, 2cents, etc. Running this business after 10 or so businesses that are just making peanuts... so this is taking off after a $20k loan. Our fulfillment is there, and we're delivering. New sales are there, but we are suffering from Utter Disorganization at all levels even though half the team is formally accepting and understanding what we do for clients, there's so much extra opportunity out on the table.

    Reread Art of War, and my team of local consultants can do the same SEO-optimized product, from scratch to finish, pretty well - but we aren't using Zapier nor are we using any standard management procedures.

    Processes are written in an Asana and our clients grew from 2-4 per month to 50+, and we have a waitlist.

    So, I 'm not sure what I can be doing to stay properly organized. I tried using an ICE framework to prioritize work, but everything we do is lucrative and prioritized.

    So I made something using the 7-Habits 2x2 Matrix (Urgent/Important vs Is/Is Not)... and there's so much Important tasks and quick wins that are getting us from A to B to C.

    We record our process once, upload it on a HR app to demonstrate what we do, and train basically by having it done.

    But running as a owner-operator with a recently hired team of 10-people just boosted our fulfillment, and only made a dent in our pipeline.

    Without talking about the company, how can I scale properly without disorganization?

    submitted by /u/jakeinmn
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    How important are domain names vs. company names?

    Posted: 05 Jul 2018 12:09 PM PDT

    First off! REPOST FROM HN (because I got no replies! Bummer.)

    So I'm in a bit of a situation here with my co founder. We have a very new startup and we've chosen a company name that we both really like. It is unfortunately (no surprise) proving to be a rather large headache with getting a decent domain name that even vaguely resembles our chosen company name.

    We've read some articles, and some people think that it's highly beneficial to get the right domain name right off the bat - so much so: it's apparently advisable to rethink the company name in light of the domain name availability. We've ALSO read some stuff where folks say it's simply not that important right now, after all: once you can generate cash, you can fit that bill of $15k that seems to be standard when inquiring about purchasing domains.

    It's a software mobile/web platform in the health tech space.

    What do you guys think?

    submitted by /u/SuperheroicJo
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    Marketplace where the buyers list what they are looking for, and the sellers browse

    Posted: 05 Jul 2018 03:27 PM PDT

    In all the marketplaces I have seen, the sellers would list their products/services, and the buyers would browse the available options.

    Why are there no marketplaces where buyers list what they want, and sellers browse the marketplace for buyers who match the product/service they are buying?

    E.g. A car marketplace where buyers list the brand, model, and make of their desired vehicle, and car sellers browse for buyers who match their requirements.

    Is it because it is more efficient for sellers to list their products/services and for the buyers to browse?

    submitted by /u/Valachio
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    [QUESTION] Cyber companies with a spin-in culture

    Posted: 05 Jul 2018 10:46 PM PDT

    Quite a few years back I learned of Cisco's former spin-in culture and how it helped the organization create crazy amounts of very valuable intellectual property, by empowering employees to be entrepreneurial whilst benefiting both themselves and the company simultaneously.

    It was just a really cool structure of providing the incentive and retaining control of the output.

    Anyway, I'd like to know if any of you in the subreddit know of other cyber security companies that provide this sort of incentive or that, in any way, try to foster entrepreneurship through similar financial incentives.

    Hope I didn't make the question unclear. Thanks!

    submitted by /u/bernardosgr
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    Advice Needed - What should i do? Quit and move on or try and protect my interests?

    Posted: 05 Jul 2018 09:32 AM PDT

    Hello friends!

    I work at a Tech startup (as first crucial employee, not an founder) and have 3% equity. I gave up my offer to join an Good MNC and took a pay-cut of about 65% when joining. Its been a year since i joined and my pay has doubled, but still less than what i would have got a year back.

    I was a fresher when i joined and was told will get all kind of help and work with a great team that will mentor me blah...blah...But essentially I ended up building up the whole technology(not kidding literally whole). Worked on weekends too, about 8-10 hrs per day. I am a guy who loves to built product and usually focus on building things, rather than being heavily involved in politics and business side of the company. Basically i taught it as my own and gave it all i have.

    But recently I got to know something about my founder, which just broke my trust and me as a whole apart. So, what happened is, when i joined they had a very simple/trivial app...so he was not able to pitch to investors. In few months, i created a new feature in the app, that required me to R&D a whole new Tech, which i successfully did. He started pitching to angels/vc/friends etc. and was able to raise some amount from them. And I was also happy as he doubled the salary after that and was seeing sign of progress. Few days back i just got to know the truth about the whole deal (co-founder told me that, he got pissed and is about to leave) which broke all the trust and respect for him.

    So, he got say X amount from the investor in cash(Not transferred to company's account) and used half of the amount that he got(say Y), getting a second hand luxury car. The reason that he gave is "He deserved that, as he has been putting his money into this startup from before", which I know amounts for 1/8th of Y. So, he basically got an immediate ROI of 8x.

    So here's the thing, i took a 65% pay-cut and worked crazy hours to get the tech ready...So shouldn't I also get a ROI on my investment.. I can argue the same as well..right?

    I am really frustrated and don't even like seeing his face anymore...But i am not able to quit..coz i have build the whole thing and gave my all, in hope that it will pay off soon, but now its clear that he has been using me and that day will probably never come.

    What do you think of such a founder?

    Is there any way that i can protect my interests? What should i do next, Quit and give it up all or Stay and fight for it? And can you please tell me how, if there a chance of doing that?

    Please friends, help me out here....

    submitted by /u/19gauravk95
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    Narrowing down on a payoff line

    Posted: 05 Jul 2018 03:14 PM PDT

    Hi Guys,

    Recently started reading this subreddit and it has been quite enlightening so far. I have seen that no one shares their company names in their posts so I assume that is one of the rules.

    We are close to having a MVP ready and I am in the process of restructuring our product structure and options with the "jobs to be done" approach..

    I have looked at many apps in our industry and outside to find some inspiration for a payoff line within a jobs to be done context. With payoff line I am referring to the first thing a user reads when he visits the website.

    Are there some websites, blogs etc. That you guys can recommend that would help - either with theory, examples, inspiration or whatever. I am really struggling to capture the essence of what we do and incorporating our USP into a single or two sentences.

    I am not sure how much I am allowed to divulge on here to give more context.

    submitted by /u/gustavdp
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    Steps to plan out a co-oop

    Posted: 05 Jul 2018 08:40 AM PDT

    Sorry if this is the wrong subreddit to post this, but has anyone worked on an ISP startup or co-op? I recently saw a post that showed all the smaller local ISPs in the US (https://muninetworks.org/communitymap) and it blew my mind of how many there actually were. I would love to start one in my area but have no idea where to start. I understand that co-ops function a little differently that a regualr business (tax code, business structure, etc.), but should the planning and preparation be any different from any other startup? Does anyone have any suggestions on either the technical or business side of what it takes to start something like this it would be much appreciated? Or if anyone has started a co-op that would be great too.

    submitted by /u/stayweirdeveryone
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