Startups New to Startups: What Were Your First Steps? |
- New to Startups: What Were Your First Steps?
- Advice sought on startup titles and roles
- CUE - Help with monetization concerns.
- I need a guideline to start my own startup
- Broke, trying to take a very new product to market.
- How to build an email list pre-MVP without any money?
New to Startups: What Were Your First Steps? Posted: 04 Jan 2019 02:38 PM PST After months of hemming and hawing over it, last fall I committed myself to my start-up. I am still in the very early stages, but I want to develop a digital media company targeting young women, roughly ages 11 - 17. The goal of the company is to interact in a big sisterly way. The key concept is delivering it, similar to (edit: the startup by two women that emails news every morning), but I'm looking to do this via app, *not* email, because how many 13-year-olds do you know who check their email on the regular. I'm struggling with my first steps. I know I need to develop a solid brand identity (who we are, what we will say, and how will we say it), and start moving towards developing a pitch deck and business plan. I know I want to have a primarily phone app-based presence. I also know I will likely need to find at least one co-founder, and person who is stronger with coding and app development. This is something I do want to take to investors, but here's my main question, because I want this to be primarily based on an app *not* a website, should I:
I would much rather option 1 or 3, given that I don't want this to be *another* web blog with minor traction. The goal is a company, *not* a side project blog. Thoughts? [link] [comments] |
Advice sought on startup titles and roles Posted: 04 Jan 2019 06:15 AM PST A principal at a well-known and well-regarded VC firm approached me late last year to develop a fundable business plan in a particular industry in which I have over 15 years of experience and lots of connections. Oddly enough I'd been looking at the space myself so I had some ideas ready to go already. This same principal also paired me up with another entrepreneur who had had multiple exits from his VC fund and who is considered very successful. This entrepreneur has zero experience in my industry. Fast forward a month or so, working on the business plan and associated financials, I find myself torn. Unknown to me, the VC and this other entrepreneur, who have known each other for a decade, have decided that I'd make a better chief marketing person than CEO. When I asked them why they'd have this conversation without me, I got a shoulder shrug. Since then the entrepreneur in question has (on paper) filled almost the entire senior team with people that used to work for him, stating that he did so because he's worked with them for years and knows they're A players. Again, I was not consulted. When pressed, this entrepreneur said that hiring the best people is just what you do and that I shouldn't feel like I need to be consulted, he would expect me to do the same. As a result of this, the cap table is not at all clear to me. This senior team, although ostensibly having some amazing people, will be very, very expensive in both cash and equity. It's an aggressive move. I am at a crossroads. My gut is telling me to not work with this individual due to this severe power imbalance, with his deep existing ties and own personal style making me feel mostly like a subject matter expert. Furthermore, I dislike not being consulted and included in hiring decisions, moreso when the deck is stacked with former people who know him intimately but me not at all. I also have a lot of operational and hiring and fundraising experience, I am not a noob by any stretch, I just come from a different way of doing things. What should I do? [link] [comments] |
CUE - Help with monetization concerns. Posted: 04 Jan 2019 11:54 PM PST Hey there! In the formation stages of my startup and had some questions for y'all. My startup is a service that injects content from university courses that students are studying into their social media streams in the form of posts or related topics. This would either be a content aggregator that creates posts based off already published articles and research papers based on the topics one was studying OR Have an application that runs in the background of the professors laptop that allows him to highlight certain material within their slides or presentation material that would then be sent out and pumped into the students social media streams. Was just curious how i could monetize this and or develop this. Looking for technical co-founders! Cheers! [link] [comments] |
I need a guideline to start my own startup Posted: 04 Jan 2019 09:20 PM PST Hi. I was trying to start my own startup since 2018 but still can't make it. Cause I don't know how to start it, how business works and how to promote my product!!! Last year I spent on getting product idea. Using other peoples product, trying to figure out how can I improve their product. It would be great if you could share any guideline related to a startup business. [link] [comments] |
Broke, trying to take a very new product to market. Posted: 04 Jan 2019 11:27 AM PST After years, I've finally got a working product, obviously could use some refinement, but it works. It is the first ever in the market, complete new product with huge potential and demographic appeal. Problem is, I have this great product, but can't afford $5k for a patent. Additionally if someone decides to infringe on my patent I don't have the money for a lawyer to go after them. I don't want to sell the idea, this is my baby and I want it to be my business and run the way I see fit. How is a broke person supposed to take a great idea to market? Help a newbie? [link] [comments] |
How to build an email list pre-MVP without any money? Posted: 04 Jan 2019 01:00 PM PST Hi so I have a subscription service that I'm currently building and working. However I want to get some pre email sign ups before hand without having to spend much. How do I do this without spamming it to people? Currently, I'm designing the landing page to gather the emails. My issue is how will people know about it. The only things I can think of are running Facebook ads or some SEO but those are costly from what I have seen. The main issue is that I currently don't have any money that I can put into it. It's a little idea that I have been coding up for the past week and would like to see if people would be interested. So any other ideas guys? [link] [comments] |
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