Startups I built a social network and have a lot of passionate early users, but I'm finding it hard to scale. Any advice? |
- I built a social network and have a lot of passionate early users, but I'm finding it hard to scale. Any advice?
- Strategies for getting first 100, 1000 users
- How do you know a startup will be successful?
- How to protect designs when approaching manufacturer?
- Giving a fair deal to new cofounder
- How do I validate the idea and make sure it's profitable?
- US or Canada, what is the best to run a SaaS startup, concerning to taxes, easiness to setup the business
- Would you rather join a startup in idea phase or after first validation as a co-founder?
- Cold calling help: I'm just not getting through to my prospects.
- Venture businesses: A new way of growing?
| Posted: 24 Apr 2019 10:23 AM PDT I've been building this social network for a while. It does 1 thing really well, and a few things pretty ok, but the thing that sets us apart is the community and the "vibe". It's a very kind, supportive, feel-good social network which is not very typical these days. About 500 people come back every single day and they use the platform a lot. About 20 minutes a day on average. The problem is, a lot of people don't adopt the app. About 7,000 people have registered, but only 500 come back a day. But the biggest problem is that in it's current form, it's unable to scale. Imagine a twitter feed... the app's current structure is that everyone can only see 1 global twitter feed. So as more users come, the feed becomes absurdly fast and not all content is relatable or interesting for a user. So I want to set it up that you follow people/topics and have a custom feed, as well as this 1 constant feed. It's a very big update though, and I'm worried users might not adopt it.. but I feel it's necessary. How can I ask the right questions to users to make sure I'm not making mistakes? I really think this is what's right for the platform and will allow us to scale to hundreds of thousands if not millions of users, but it could also kill momentum. I guess I don't really have any too specific questions, but if there's any advice out there I'd love to have it. Thank you [link] [comments]  |
| Strategies for getting first 100, 1000 users Posted: 24 Apr 2019 02:32 PM PDT I want to discuss real strategies for getting the first users on startups where users provide the value. Say, dating apps, Airbnb, rideshare apps, or even reddit. For the first few users, there is little value in the site. If I signed up for OkCupid and there was 10 people in my area I would log out and never return. Same goes for Airbnb. If no one is renting in it, why would I list my home? And if no one lists their home, why would I register for it? So how do/did these types of startups get and hold their first users until they had enough momentum to scale on their own. I'm looking for real life experiences. Tell me what you did and how it failed or succeeded, not 'it would be cool if' scenarios. Also, any good books/articles on the topic? [link] [comments]  |
| How do you know a startup will be successful? Posted: 24 Apr 2019 08:16 PM PDT I recently got a huuuuge startup bug, and I'm working for a startup now (in addition to my regular job) and I'm considering working part time for another one. I've met so many folks, and there are so many great ideas, and seemingly, a lot of bad ideas ..but I admit....it's hard for me to look at startup ideas and really analyze which startups are going to take off and be successful at least at raising money. For those who have worked for successful startups, what metrics would you say are good to evaluate a startup early on? For those who have worked for unsuccessful startups, what metrics would you say told the story that the startup wouldn't be successful? I guess for me, given my limited experience, it seems to be a few things make a successful startup: - Money/Connections of the founders - Drive of the founding team and the ability to get sh*t done Anything else? what I'm most interested in, is how do you evaluate these ideas or startups that haven't even received funding yet? Please share reddit :) [link] [comments]  |
| How to protect designs when approaching manufacturer? Posted: 24 Apr 2019 09:24 PM PDT Hi there I just finished designing my mens jewelry collection (rings,pendants and bracelets) and I am now looking for manufacturers to make my products. When asking for a quote should I send pictures with the 3D model files? If I send pictures or files what can I do to protect them? Il be looking for a manufacturer in north america or overseas. Is protecting the designs even possible? I guess overseas it wont really matter but in NA it might be more worth while? What are the ways to protect the designs? NDA? I have no clue. Thanks [link] [comments]  |
| Giving a fair deal to new cofounder Posted: 24 Apr 2019 11:00 AM PDT Hi all, I've always run my own businesses, but for this current project I'd really like to get a cofounder involved. It's a B2B Saas business that has a MVP and a few clients, but is quite ready to expand so I'm looking for someone to help with sales and marketing mainly. I've thought about just employing someone but while I do have the money to cover this, I don't think I want to spend my time managing someone and telling them what to do, and it'd be nice to have someone else help build this thing up - itself a new experience for me. So far I've probably invested £1000 in billed items for the business, and another £1000 at least of my own time developing the website and service. I think I've found a potential co-founder (an old friend of mine who has some skills in relationship building and languages (the area of the project)) but I wanted to know what would be fair to offer him. Should I suggest him paying in £2000 before becoming a partner? More/Less? Would you recommend a vested scheme whereby he only becomes a partner after a few years work? This is all new to me so any helpful pointers more than welcome. [link] [comments]  |
| How do I validate the idea and make sure it's profitable? Posted: 24 Apr 2019 02:28 PM PDT So I built this app that take website screenshots at regular intervals, on the beta launch I got 30 user signups and about 20 subscribed to the newsletter, a month later I deployed a better version of the app with payments handling, now I am trying to see if people are ready to pay for this solution. I am not expecting a lot of money from this app, I just want to make sure whether it's profitable or not, I cannot spend more time on development if I don't have the answers, I was thinking about running a Google ads campaign for few days and hopefully I'll be able to measure success of my app. Posting on social media and all free medium generate random results, for example using the same content I can get 100 upvotes (shares) and good exposure today but not tomorrow, it's very strange. What you usually do to promote an early stage startup with a limited budget? [link] [comments]  |
| Posted: 24 Apr 2019 09:11 PM PDT I'm based in Canada and I'm planning on starting my own SaaS business for the first time and I would like to know more about the process of setting up a startup. For setting up in the US, I'm considering services such as Stripe Atlas but I'm not sure if that's the best option or not. For setting up in Canada, I'm not quite sure there exists service similarly to Stripe Atlas. I would much appreciate if anyone who owns SaaS business either in Canada or US share how they started in terms of getting the company started. Not sure if it helps but I'm not going to be hiring anyone until the MVP is completed [link] [comments]  |
| Would you rather join a startup in idea phase or after first validation as a co-founder? Posted: 24 Apr 2019 07:34 AM PDT If you had the choice, would you: A) Found a startup from scratch, with nothing than a basic idea, or B) Join an early-stage seed startup with some market validation as a co-founder? I recently got two offers and do have the chance to either join a team of co-founders which is trying to start something (experienced team) or to join a seed startup in a C-Level position with a nice equity package. Obvisously, salary is higher for the seed startup than for the idea phase and equity higher for the other one. Besides the money which is not my main decision making criteria - how would you decide? How much do you think the initial period is important for really understanding the business? [link] [comments]  |
| Cold calling help: I'm just not getting through to my prospects. Posted: 24 Apr 2019 05:34 PM PDT |
| Venture businesses: A new way of growing? Posted: 24 Apr 2019 07:35 AM PDT Hi Quick question: I would love to hear you guys input :) Thanks in advance :) Kind regards [link] [comments]  |
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