Startups It feels like every problem already has been solved or solved many times over. What should I even look at doing? |
- It feels like every problem already has been solved or solved many times over. What should I even look at doing?
- How do I create a contract for profit sharing with a business partner?
- Multiple sources of income but best way to manage time
- App 90% Done...but
- Landing page feedback
- Finding a Co-Founder
- Our app is featured on ProductHunt with over 115 upvotes, May I request you to upvote?
- Staying on the rollercoaster gets easier over time
- MVP: Web App or Native for iOS?
- Building a monopoly in a market where the product can achieve only marginal improvements
- Startup funding with a lack of IP
- Do companies like Uber Technologies, Inc. and Snap, Inc. need to file a DBA in order to use Uber and Snapchat?
- In what ways can I use Social Media to help with user stickiness and retention on my app?
Posted: 09 Aug 2018 04:24 PM PDT So my title says it all, it really seems like there is a startup or existing solution for literally everything out there at present. Scheduling? Billions of apps. Networking? Similar. Art website? Similar. Shopping? Etc etc etc It feels like basically every idea has been completely dominated right now and I have no idea where to even start thinking of ideas. I am someone who knows that they can produce, keep solid documentation and fight to make something happen. I want to do this so badly and have something to call my own. But what now? It feels like I am trapped with all the skills I'd need to do something at least skeletal at this point, and all the ambition to drive it forward, but with nothing to swing this all at. [link] [comments] |
How do I create a contract for profit sharing with a business partner? Posted: 09 Aug 2018 03:47 PM PDT I'm about to start working on a product idea that an acquaintance had. We agreed to share profits once the customers start paying, but I'm not sure how to create a contract that guarantees that. How should I go about making a contract? Do I need to get a lawyer or is there a cheaper way to do it? How should I handle the equity situation? Is it normal to ask for part of the profits but have 0% stake in the company? Is it unwise to start working on the product before a contract has been signed by both parties? [link] [comments] |
Multiple sources of income but best way to manage time Posted: 09 Aug 2018 05:16 PM PDT Hello, After recently leaving university I have worked hard on getting my first two tech startups up and running. I know that before starting another I probably should of mastered the first one but with both startups being in tech (a website and an app but both completely seperate) they are fairly self managing and the only work that they require are updates for new features. Both startups are generating roughly the same amount of income and my question has become how do I work out which project to prioritize? And what is the best way for me to manage my time across both projects? At the minute I am kind of all over the place with regards to the two, maybe spending three days working on the app and then the next week on the website. Are there any techniques or rules of thumb that you people follow? Or any tips that you can give for me to effectively manage my time in order to get maximum efficiency from both projects without one community feeling like it's being left out? I also feel like I should mention that I work full time so I only really get to work on my personal projects at night for around 3/4 hours a night, not sure if this would make a difference in how you would approach the situation? Thank you in advance! [link] [comments] |
Posted: 09 Aug 2018 06:51 AM PDT App 90% Done...but I have no idea what to do next. I know obviously I have to launch it to the app store. But I need beta testers and a good amount of users to get the ball rolling. I don't have a solid a strategy. Tell me what of my plan so far.
I have a sub Reddit I can post on to get some testers. These beta testers can keep their accounts if they wish to continue using the app. This should help start growing a community.
That's it. I feel like there should be more to this...any advice? Thanks. :) [link] [comments] |
Posted: 10 Aug 2018 12:18 AM PDT We recently moved from a service model to a pure product model and are in the process of launching this. The product is quite niche/unique and consequently, we have had many users tell us that they couldn't exactly understand what we are doing from the website. We have therefore revamped the messaging, and wanted your feedback on this The link is - https://www.tryscribe.com/ Any feedback and critique on the website as well as the product is welcome. Will definitely welcome discussion on the product and problem we are solving as well We also have a form where you can leave your feedback - https://goo.gl/forms/TTTEZFwHNrqNvZzg1 [link] [comments] |
Posted: 09 Aug 2018 10:31 PM PDT Hi. Im 18, no previous experience in start-ups but have a solid tech/app idea, passion, a design for the app, business strategy etc., an aptitude for sales - however, none of this has been proven in an actual professional field. However, i need a co-founder/programmer to make my app an app - but feel my lack of proven skills compared to their actual ability to program (no matter their experience) will stop me finding one. My only alternative would be to find the funds to outsource it, but how many companies do this? How many companies that have become extremely successful (above £100m revenue a year) have outsourced the coding? ps. Im not saying my idea will defo become that successful, it may flop - but i believe ive found a niche nobody else has filled and the strategy to sell it. [link] [comments] |
Our app is featured on ProductHunt with over 115 upvotes, May I request you to upvote? Posted: 10 Aug 2018 01:01 AM PDT We developed MockRabbit as an app that helps tech developers practice mock interview in front of their mobile to assess their job interview readiness and build confidence. Currently only available for Android, you can download the app or suggest to anyone you know who is preparing for the job interview. The app uses Natural Language Processing, Artificial Intelligence and Machine learning to provide instant feedback on the response recorded during the mock interview session. Thanks in advance for your help. [link] [comments] |
Staying on the rollercoaster gets easier over time Posted: 09 Aug 2018 10:05 AM PDT I was talking to an early stage CEO on the cusp of a pivot and last minute round extension, dovetailing on losing a co-founder. On one hand sounds pretty bad, on the other – it's a day in the office for most early stage CEOs. By the end of the call he asked me if it gets easier over time. I always lose sleep in the first phase of a new role or company, no matter how experienced I am, but I do think it does get easier, in several ways. Pre product market fit, every threat could kill your company. It's absolutely possible your whole idea is worth nothing, that your entry point is invalid, that you spent too much. Post PMF and at scale, while the stakes feel higher, you're not likely to lose the company (someone told me the other day ">$10m ARR companies don't die" which rings true). Post growth the only thing to compare to is your day dreams and whatever photoshopped merchandise they're selling on TechCrunch, where everyone is up and to the right and the sun is always shining. It stops being a material risk and starts being about your own psychology. Once you reach a certain size, you're also a bit more isolated from day to day swings. It may feel frustrating for founders who're used to hands on work but it's mostly good when someone else, often more qualified than you for a specific job, can handle fires. As you grow you have more, not less, issues to deal with and hiring and scaling well helps deal with them without handling too much of the emotional strain. Last month we had some fire at TrueAccord that was extinguished by a team of people, without my involvement, in just a few days. Three years ago the same issue went undetected for a month then took the whole team at least three non stop weeks to fix. I'd call that progress. The last and probably most important thing is emotional maturity. With time you become more resilient – because you're literally maturing with the company, because of additional experience, and because you're starting to realize fires always happen and they must be taken in context and proportion. Mastery of oneself is important and if you reach said mastery, tell me how. I'm still working on this one. [link] [comments] |
MVP: Web App or Native for iOS? Posted: 09 Aug 2018 11:04 AM PDT Hi r/startups, for a location based community content startup "see at a glance what's hot / trending in your city" - should we start with a web app or going direct native on iOS? And what do you think of react native, so one app for iOS and Android combined? I am very technical, but not a coder. My main-coder can not decide right now, which would be better for the market entry - so to test the service on the market and generate enough attention in the beginning. I would like to hear your opinion and very grateful for any answer! [link] [comments] |
Building a monopoly in a market where the product can achieve only marginal improvements Posted: 09 Aug 2018 04:58 PM PDT Peter Thiel influences my thinking a lot. He believes you have to build something significantly better, an order magnitude better as he likes to say, if you want to build a real monopoly business. What if you are in a market where you cannot achieve breakthrough technology, but rather only incremental improvements? Does that mean a startup operating in such a market is basically doomed to mediocrity with no chance of dominating the market? Filler for 500 word limit. The limit should be removed. It reminds me of school - write a 10-page essay. But why make it 10-pages if I can get it done in 3 pages? It unconsciously makes you want to write more than necessary, which is terrible. [link] [comments] |
Startup funding with a lack of IP Posted: 09 Aug 2018 10:30 AM PDT While I have a good grasp of IP strategy and why it is valuable, has anyone had success pursuing funding for a project that isn't based on innovation? This is specific to private funding as opposed to pursuing grants which may also be a viable option but not my first choice. I'm currently kicking around a healthcare idea with a friend of mine. We don't have IP per say but think there is a phenomenal opportunity to create a significantly more efficient delivery model across multiple markets. Every pitch competition I've ever been involved in has a strong focus on IP portfolio and strategy, but I feel like there's merit to providing a high quality service or a more efficient delivery model. In some sense, I feel like the phrase "What does your IP portfolio look like" is just a question asked out of habit. My other favorite is"Have you considered implementing blockchain?". Starbucks didn't patent the latte, Amazon didn't create online shopping, and McKinsey wasn't the first organization to tell people why they suck. At this point they have become large enough to push true R&D initiatives, but they got started finding a niche and doing something better than the other guys. Am I completely wrong in my assumption that aggregating technologies and strategy to provide efficiency is a valid business model, or am I being shortsighted and having truly patentable tech is the only pathway to a solvent company in 2018? [link] [comments] |
Posted: 09 Aug 2018 08:36 AM PDT Just like the title says. Do companies like Uber Technologies Inc. and Snap Inc. need to file a DBA for using Uber and Snapchat as their universal names? Or are they not required to file DBA due to the fact that the name is already in the incorporated title? Sorry if this confusing, but I am trying to figure out if it is required to do. I am in the same boat. My company is incorporated as "Company Logistics Inc.", but goes by "Company". I am wondering if I should file a DBA for additional protection. Thanks for the help. Cheers. [link] [comments] |
In what ways can I use Social Media to help with user stickiness and retention on my app? Posted: 09 Aug 2018 09:16 AM PDT Hey there! I am a social media manager for a tech start-up, we specialise in wedding planning. I was wondering if anyone knows practical ways to use social as a way to improve user retention. This is what I have so far:
Let me know what you think of these - it's just a high-level brainstorm, I was hoping to get some more ideas, that have actually been proven to work... Thank you :) [link] [comments] |
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