Startups 2 vs. 3 founders |
- 2 vs. 3 founders
- Coding a StartUp
- How could you tell if your colleagues are just using you?
- Looking for advice
- The right time to start partnerships before launch
- Taxes
- We're CardFellow, and we help startups avoid pitfalls when choosing a credit card processor. AMA!
- What Business Structure To Form?
| Posted: 07 Sep 2018 03:35 PM PDT Is it better to have two very useful founders or three founders with one being significantly less useful to the enterprise? The founder dilemma book made me convinced that three would be best, but what if the value from the third doesn't represent an equivalent worth to the other two? Personality I'm the devloper and marketing specialist, and my partner is a lawyer who has a great understanding of any sort of backend business. Our third partner is younger and doesn't have any skillset, he is a history major, and no offense to any history major but that speciality doesnt partially apply in a software startup. Any advice? [link] [comments]  |
| Posted: 07 Sep 2018 07:50 AM PDT I am doing the initial coding for my startup but will come to a point where I would need to look for people to code more difficult parts of the startup. I am coding the application using Ruby & Ruby on Rails. Does anyone know the best way to approach looking for a good outsourcing source? Also, any advice on how someone tackled this issue in the past is welcomed. I wouldn't necessarily want to add another person on board but if anyone has knowledge on ways to find a right candidate that would be helpful as well. Thank You in advance. [link] [comments]  |
| How could you tell if your colleagues are just using you? Posted: 07 Sep 2018 11:18 PM PDT Hello fellas, I've been making good progress on my start up business and am growing it quick . Although, I don't feel that everyone involved together in this is actually sincere. We're a group of 8 people but only two are entirely devoted to making this business happen because they're the founders and I am one of them . Yet, to be more technical I was the one that started it and I'm kind of tired of being the one who constantly takes the initiative.. not only in business but in just about everything. That quality is something that I've always carried because I'm always serious and sincere on important matters; be it relationships or whatever else . So because the people of my group seem to hardly demonstrate any input onto the business it has me feeling that they only like participating for the good things . Even my confounder wants me to put in more work. Yet, I've put in the most work in so far. Even I was the one who motivated him on the idea on joining a venture together and I feel he's only interested in connecting with me only in terms of business . That makes my trust in him really low . With their behavior it gives off the impression they're only using me . How should I handle these situations? Thanks . [link] [comments]  |
| Posted: 07 Sep 2018 11:42 PM PDT Hey fellow dreamers, I need some advice on how to take my idea and move forward. I have a very simple idea for a website business that has potential to be pretty lucrative. I know exactly what I want this website to look like and how I want it to function I just don't have the know how when it comes to creating said site. I am prepared to hire someone to do the work but I am not sure how to best protect my idea and business plan before I describe the site to someone. As far as I can tell I need to come up with a business plan and mock website then try to patent it, is there a way to protect my idea enough to be safe explaining it to a third party? [link] [comments]  |
| The right time to start partnerships before launch Posted: 07 Sep 2018 12:46 PM PDT Hey guys - so I have a list of people, startups & corporations I aim to partner with but unsure of when is the right time to approach them to set it up. I'm currently in development and looking to launch my private beta in the next two to three months. I'm looking to start reaching then when I have actual users & can present my numbers. But also wondering if I can start now but you only have one chance to make a good first impression :/ When is the right time to start reaching out? Has anyone gone through this? What successful methods did you use? [link] [comments]  |
| Posted: 07 Sep 2018 07:07 PM PDT Hi everyone, I'm thinking of launching a startup (LLC) in Georgia, where I live, that provides consulting services. Can you list all the taxes that I will be dealing with? This is critical because for example if I have to charge my customer for "sales tax", for example, that would definitely mean that my startup will not succeed because in my startup it is the few percents that really matter. In short, do the customers need to pay the sales tax for receiving online services ? I read somewhere that in 2018 some rule has changed in this regard. How about the other taxes? [link] [comments]  |
| We're CardFellow, and we help startups avoid pitfalls when choosing a credit card processor. AMA! Posted: 07 Sep 2018 07:44 AM PDT Credit card processing for startups functions the same as it does for established businesses, but your specific needs and preferences may be different. Should you go with a no-monthly-fee option? What if you're working on a seasonal side hustle? How big do you have to be to negotiate better pricing? CardFellow is NOT a processor, but we're experts in the processing industry, and we help businesses at all stages find the right solution for their needs. The fact that we're not a processor allows us to offer expert advice without sales spin. When we talk to startups, they often express confusion or frustration over the complexity of fees, knowing which pricing model to choose, understanding if certain restrictions are common, or when they should switch from their "starter" processor. We're here to provide actionable advice and offer an inside look at how the processing industry works, even if you don't have a lot of revenue yet. Ask us anything! (Edited to avoid seeming promotional.) [link] [comments]  |
| What Business Structure To Form? Posted: 07 Sep 2018 05:14 AM PDT We (partner and I) are interested in starting a new niche eCommerce platform in the near future (just doing some research right now), but not sure what type of corporation to file as or legal structure. We are in the USA and eventually (and hopefully) interested in getting some outside investors involved in the near future after using up our "grandmas funds," credit cards, and small loans from other family members! Yes, I have heard about the term, "bootstrapping," but interested as well in the legal formation for our new eCommerce business. What type of incorporating (LLC, S Corp, C Corp) attracts outside investors more? I have done the research, the pros and cons for each - but have no information on which is best for investors. I have read somewhere that certain forms of corporations are better than others when being bought out by BIGGER companies. True or untrue? As well, since I am pretty much doing all the "legwork," is it fair to assume a 51% to 49% ownership, and making me the majority owner? Please disregard the following - just trying to meet the 500 character guidelines!!! Not sure why it is absolutely necessary for this! C'mon! This is not a direct advertisement, not selling anything. This is relavent content! Just need some feedback in this startup place. Thanks in advance. [link] [comments]  |
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