Startups What are some tips on locking down a job at a start-up (especially in Toronto)? |
- What are some tips on locking down a job at a start-up (especially in Toronto)?
- E-based startup. Develop website first then app?
- When should an employee exercise vested options if they work for a private unicorn?
- Just left a startup, seeking more opportunities in the startup world...
- Questioning Lawyer's Ethics
- Got potential investment in my new business. What should I ask?
- Do startups ever pay a wage instead of just equity?
- How to approach my target audience? What kind of content to share?
| What are some tips on locking down a job at a start-up (especially in Toronto)? Posted: 30 Apr 2019 03:15 PM PDT My overall goal is to become an entrepneur, and I thought the best way to learn would be to work at a start-up before I go out on my own. I also happen to have an interest in programming and my degree by the time I'm done university (going into 4th year next fall), will be useless. For reasons I won't go into, I have about a year and a few months to learn programming in depth. I've already taken one course in comp sci, so I'm familiar with rudimentary courses. I know I'm not going to be a god, but I need a job anyway because my degree will be useless. What advice could you guys give me to make the most of my expierence working at a start-up. I want to learn as much as I can. 1) Are there any special tips you guys could offer to help me secure a job at a start-up, especially with no related job expierence? I know going to tech conferences, meet-ups, would help, but if you wish you knew one thing before you locked down a start-up role, what would it be? Any tips on how I should present myself, portray myself, etc? 2) Will being the programmer, doing the grudge work and what not, impede me from gaining enriching expierences on running a company? I guess what I'm asking is, how do I ask for those expierences at the potential start-up I work at? How do I take on responsibilities, tasks, and such so that I can truly learn? 3) What types of start-ups should I avoid? What signs should I look for in a start-up, that would grant me the best learning expierences? This one is especially directed towards you Torontonians, as you guys would know the start-up landscape the best. 4) Would it be appropriate to find a mentor while I am working at the start-up, or do people usually find one just before they are about to start a company? Is it appropriate to treat my boss/founder of the start-up as a sort of mentor? Maybe these are all obvious questions, but I like to soak up as much wisdom as I can. Thanks [link] [comments]  |
| E-based startup. Develop website first then app? Posted: 30 Apr 2019 10:51 AM PDT I am in the early stages of developing my startup. Now that I understand the high costs of mobile-app development, especially developing native apps, I am wondering if it is best to first find the right person to develop a responsive website so I therefore have a prototype/alpha I can use to show to potential investors in order to fund a mobile-app. The business' features require a user database (profiles), ability to make payments, a basic messaging system, and a user filter system. I am unsure about the cost of transforming a website into an app. Obviously I will avoid the costs of creating an app from scratch when some code can be transformed for a mobile app and I already have the designs, colour schemes and layout. If anyone has any advice regarding the best way to go about this issue it would be much appreciated! [link] [comments]  |
| When should an employee exercise vested options if they work for a private unicorn? Posted: 30 Apr 2019 05:45 PM PDT Hi, I am wondering the best time for an employee to exercise vested / non vested options in a private company considered to be a "unicorn". Below is some information that might help shed some light:
Given the above information, is it advantageous to exercise before a potential Series C? Exercise only vested and non-vested? I understand there are tax implications to this. [link] [comments]  |
| Just left a startup, seeking more opportunities in the startup world... Posted: 30 Apr 2019 08:13 PM PDT I just left my startup that ultimately failed. I was a Creative Director there for 2 years. I really loved being a part of a startup. I drank the kool-aid, worked my ass off, ruined my relationship with my girlfriend, left in debt and lost a lot of friends.....ultimately things out of my control led to its failure....I want more. I've learned a ton about startups and feel like I can truly help lead a company in the right direction. I'm wondering what kind of roles out there are available for scorned, liberated, and driven former startuppers? [link] [comments]  |
| Posted: 30 Apr 2019 11:58 AM PDT Hello all, Myself and 2 co-founders formed a partnership last year and we decided to incorporate at the beginning of the year. We are a Canadian startup with an MVP (hardware and software), pre-revenue and have some pilots coming up. we are all first-time founders. We needed to incorporate so we can get government grants. The Lawyer, who's my co-founder referral, right off the bat, advised us to form 3 holding companies (one for each partner) plus the main corporation so we can get some tax breaks when we move money around. That seemed overly complex and expensive for such an early stage company such as us. Our business model is not unique, we are just starting up and not swimming in cash by any means. One of my co-founders was 100% sold and was pushing forward to do it. We ended up going with that strategy even though I didn't see the point. Today, the Lawyer suddenly said that the structure is not good because of some complexity with the tax return. I didn't really follow all that was explained but at the end of the meeting, he proposed adding family trusts in addition to the holding companies. That will be another couple of thousands in fees (hey but we get 15% off). My partner, again, was sold and think it's a great idea for some reason. I have a strong feeling that this lawyer is simply taking advantage of our lack of experience. He paints scenarios that are possible but unlikely. I get "insurance salesman" vibes from him. I don't have a way to validate that accusation and I don't know how to talk about it with my partners because they are biased. Is there a way out from this rabbit hole? Did anyone experience something like this before? Thanks [link] [comments]  |
| Got potential investment in my new business. What should I ask? Posted: 30 Apr 2019 04:38 AM PDT Hi, So I recently launched a franchise business in London, UK. Very cool concept, and fortunately there is nothing in the industry that really does the same thing. Business - New service delivery method, saves time, money and all round super convenient. I have now been approached by investors who were guided to me by the franchisor, that are interested in investment. I have only done this business as a side project until it grows using my savings. These guys could potentially make it the behemoth it can be. I'm concerned I get stream rolled by them as they want to 100x the concept in London, while in other markets (where it has been for years) it has only been 10x I am 100% behind the concept and would love to grow the concept hugely. What should I be asking the investors, what info do I need from them. What is the best way to structure equity and what is biggest risk of giving away equity? Excited and nervous, but approaching this with caution. Thanks [link] [comments]  |
| Do startups ever pay a wage instead of just equity? Posted: 30 Apr 2019 12:38 PM PDT I have a BA in communication, and I currently freelance as a social media manager and content creator. My target market is non-profits and small businesses, which would include startups. A few years ago, I did work for a startup, but they didn't offer me actual payment. Instead, I was given 10% equity. The startup tanked because their product was stupid. No one could explain the app in a way for people to understand, and there was no market for it anyway. So that 10% equity actually earned me nothing. Before I try targeting startups again as potential clients, should I expect to only be offered equity? Is this a standard practice? I can't pay my bills on equity, and would like a position that keeps me from relying on food banks. How can I tell if a startup will be legitimate about compensation? [link] [comments]  |
| How to approach my target audience? What kind of content to share? Posted: 30 Apr 2019 07:18 AM PDT Hi Everyone, For the last 3 months I have been working on my startup project (research,surveys,prototype) and I am about to start the development part in a month's time. The startup I am building, is an online platform / tool for startups & future entrepreneurs to use and interact with each other efficiently. Things like mentoring, partnerships, voting,users feedback & support on new projects are some of the main functionalities of the platform. I believe that when your product is great and you want to help others first, there is no need for ordinary revenue streams like paid memberships etc, that's why the platform will be 100% free.Think it as a way of give and take , where the time you spend on it is the currency! As I said I am about to start the dev part in a month and I want to make sure that I am following the right direction. After lots of research I realized that you can never be 100% about anything, you can only be well-prepared for the launch day.I spoke with a few people and I read some articles regarding the necessity of validating your product through user interviews and building a ' WOW WE CAN'T WAIT FOR YOUR PRODUCT TO LAUNCH' kind of environment. My targeted audience as you probably understood is early stage startups & future entrepreneurs. How can I approach them in order to validate my product and what kind of questions should I ask them? Is it very important to spend time on it ?Because I really believe in my product and I can see that there is a gap in the market.The replies on my surveys ( only from targeted audience) also helped me to identify problems. How can i find where my users spend time online? What kind of content should I share to create the desired atmosphere where my users will count down my startup's launch day? Thank you. [link] [comments]  |
| You are subscribed to email updates from Startups - Finding problems and solving them!. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
No comments:
Post a Comment