Startups Can anyone get funds without the startup being properly founded? |
- Can anyone get funds without the startup being properly founded?
- Seeking some concrete help on understanding the entire payment setup for my website startup
- Volunteer?
- Probationary period for startups
- What do you think about these marketing ideas?
- [Question] How do you start a business from a side project while keeping a full-time Job
- Selling shares owned by employee post termination
| Can anyone get funds without the startup being properly founded? Posted: 09 Dec 2018 09:41 AM PST Hi! I am a brazilian mechanical engineer student, with a huge will to start a business with composites materials, a segment with low market share here. Well, I got an idea, using 3d printed composites, but, by now I am alone (no co-founder) and I don't have the money to start the startup. It is possible to someone believe in my idea, or, can I go for another solution for my problem? By the way, I have more problems. The people: how can I convince people to help me to develop the idea, and, due my money problem and the whole situation, should I "give" my idea to someone with sufficient resources or not? There is a huge will to enter in this world, but, as you can see, I am looking quite lost in this world. Thanks, in advance. [link] [comments]  |
| Seeking some concrete help on understanding the entire payment setup for my website startup Posted: 09 Dec 2018 06:34 PM PST I'm researching about payment gateways, virtual terminals, merchant accounts, cost to accept forms of payment (right now PayPal and Credit Card), but I can't seem to reassure my uncertainties (probably because it's my first startup) of how the entire payment process will work with my business model. The model is to facilitate a website for buyers and sellers to do business. The orders can be as low as $1, and I'd expect them to average around $10-15, but I can't be certain. I will have the buyer paying for a processing fee that can include labor and charges I'm to deal with, and the seller getting their payment minus our percentage cut and the handling fee to send them the payment. Now what I'm really uncertain about is if I'm covering my tracks on how the entire payment cycle needs to be done. If I get this right: - PayPal and Credit Cards charge around 2.9% + $0.30 per payment I take from a customer - I then have to pay an additional fee for a Payment Gateway (likely around $0.10)? - With PayPal and Credit Cards do I need a Virtual Terminal for the website, or would them for example being redirected to PayPal be considered overriding that? I understand the terminal is an additional fee? Or can it be included with a Payment Gateway or is that even a good/normal option? From the examples I saw it seemed to be more of a UI for payment if you were manually entering a CC over the phone or email, but in my case the users enter their own information, so not sure I need the virtual terminal for the website. - I also need a merchant account for these payments to go. An additional fee for this,? If so, generally what? Could I have a merchant account with PayPal that reduces fees if any? - Once I have received payment, I send payment to the seller (minus our cut) via PayPal and pay them either by a 2% Mass Payout fee or a flat fee ($0.25) for using PayPal's API. Is there any additional fee in there for getting the payment we received to the seller? Perhaps the merchant account (bank) asking for a fee to take the money out I'm sending to the seller? I'm also wondering if I should look into paying someone a small one-time fee that perhaps specializes in clarifying how I need to go about the entire payment process. I feel like I've answered a lot of my own questions, but I'm still uncertain about little areas and if I'm technically understanding what's going to happen; just trying to avoid pitfalls. Thanks if you took the time to read my concerns. [link] [comments]  |
| Posted: 10 Dec 2018 01:43 AM PST Hi all. I've come to the realization that I am not a person that has any original ideas to begin my own startup. However, I do think that many startups are in need of someone helping them since they perhaps can't afford to hire someone. My big problem is that I lack valuable skills such as programming or finding clients. I want to offer something to the table, so therefore I will be learning things on how to help your startup. I do think that I'm a fast learner and I do apologize if you need someone RIGHT NOW to do a specific task that I can't. However, I'd gladly learn something in a few days (if possible) and then proceed helping you. I'm doing this because I hate not doing anything and who knows if I can possibly be hired by you in the future? All I really need is someone that communicates well and I'd need to feel passionate about the project that you are working on. I'm not trying to work 10+ hours a day if there's no structure, no leadership, no results as the startup goes along. Lastly, I'd hate the idea of working on something if the competition is too high. I know that it sounds arrogant saying that, but I'd feel more excited to work on something that could possibly be the next big thing, as opposed to something that already exists and does not need more competition. Please let me know. [link] [comments]  |
| Probationary period for startups Posted: 09 Dec 2018 08:58 PM PST Hi Reddit, would like to get an indicator of the average length of a probationary period for employees that are joining startups. I understand that different countries have their different laws for probationary period, which is why i figure that maybe different start ups have their own 'length' of probationary period. Tied with the fact that long probationary period could chase away potentially good employees, a long period might chase them away yet a short period might not be enough to fully evaluate the potential of the employee. Hence, would like to check with you guys what's the probationary period like for y'all. [link] [comments]  |
| What do you think about these marketing ideas? Posted: 09 Dec 2018 04:09 PM PST We recently launched beta (September 2018) but because of school, I haven't been able to work on marketing our app. Now that I have more time (our school ends at the end of December and doesn't start again until February), I want to focus on getting my app in front of as many relevant users as possible--the target audience is content creators (e.g., YouTubers, bloggers). I'm having a hard time figuring out how to get started. Some ideas are:
[link] [comments]  |
| [Question] How do you start a business from a side project while keeping a full-time Job Posted: 09 Dec 2018 02:15 PM PST Hi, I have a built a side project few months ago, and some people reached out asking for an improved version. I run a survey online, and I asked people if they will be pay 5 $ for this subscription. Moreover, some people reached out asking if I can do freelancing work. It made me think if I should launch / incorporate an agency and how I should do it. I have a colleague who is based in Canada. I am based in Europe. While both of us want to keep their jobs, we would like to do some work occasionally. What is the best way to manage a company while keeping a full-time job ? Do I need to care about taxes and how can I do it ? Do you have experience incorporating a company while being full-time job ? There are some people who talk about Estonia (e-residency) ? Can we incorporate a company there and act as an agency ? Any advises or links would be highly appreciated. [link] [comments]  |
| Selling shares owned by employee post termination Posted: 09 Dec 2018 10:50 AM PST Hey all, I have a situation on my hands that I'd like some thoughts on. I was employed by a startup for over 2 years which terminated me and my team recently. However, I had some shares in the company that I got after exercising my options shares a while back. Consequently, I'm a non-employed shareholder in the company, and have a small amount equalling about 0.3% of the company. The company just recently closed another seed round which raised a few mil dollars, and I learned the share price investors paid for it, which is a significant number. I'm wondering - can I sell my shares and cash out right now? My boss when I was being terminated mentioned there might be a possibility in the post-investment time when the new investors want to 'clean up the ownership list' and buy out my shares. If that does happen, how much do you think I should sell them for? Is it common to sell them in such a scenario for a higher price than what the investors bought each share for, considering this is something _they_ want, and not me and I can instead decide to hold on to them? Any pointers would be appreciated. [link] [comments]  |
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