Startups Manic Mondays: Support To Get You Through The Week: Share What You Need Help With, Job Postings, For Hire Offers, or Resources |
- Manic Mondays: Support To Get You Through The Week: Share What You Need Help With, Job Postings, For Hire Offers, or Resources
- Can an LLC have wildely different services?
- What are some habits of highly UNsuccessful founders? (Anti-Patterns)
- What are some possible ways to raise funding as a LLC?
- Do not be cheap - it will be even worse
- Has anyone used the traction channel -"Business Development through partnerships" successfully?
- Incorporating (and moving) my startup in Singapore for lower tax
- What to know before spending money on marketing
- Best way to structure deal with friends and family investors?
- How did you pick a collaboration tool for your startup?
- Issues regarding KYC AML
| Posted: 17 Jun 2019 06:09 AM PDT Welcome to this week's Support Thread. Please refer to the below suggested formats to get the most out of this thread. Need Support?Please use the following format to seek support: SUPPORT REQUESTWhat I am working on: What I need support with: Why I need support with this: My questions to the community: Requested Resources: Relevant URL: [if applicable] Additional Comments: Please add any additional comments that may provide more context around what you need support with so others can provide the most relevant support or guidance to you. Job Provider?Please use the following format to post a job listing: HIRING Company Name and URL: Job Title/Role: Employment Type: [Intern] [Contract] [Part Time] [Full Time] [Remote] Job Description/Responsibilities: Necessary Skills and Experience: Requested, but not necessary Skills and Experience: Job Compensation: Willing to Relocate New Hire: [yes] [no] Job Listing URL: Additional Comments: Please add any additional comments that may provide more context around the job listing to make it easier for the right people to apply.Job Seeker?Please use the following format to post an offer to work : FOR HIRE Title/Role: Desired Location: Willing to Relocate: [yes] [no] Remote Availability: [yes] [no] Relevant Skills and Experience: Requested Salary/Hourly Rate: Resume/Portfolio URL: Additional Comments: Please add any additional comments that may provide more context around the job listing to make it easier for the right people to apply.Resource Provider?Please use the following format to post an offer to work : RESOURCE Organization Name and URL: Location Served: Resource Name: Resource Description: Resource URL: Resource Cost: Do not forget to explore the /r/startups discord. We have many relevant channels to seek support, post job listings, share for hire offers, and share resources. You can also find more support using instant chat on the /r/startups discord. [link] [comments]  |
| Can an LLC have wildely different services? Posted: 17 Jun 2019 03:05 PM PDT I have an LLC that I started last year for digital geographic databases and mapping. I would also like to do landscaping. Can I operate my landscaping business under the same LLC, or do I need to do another LLC? The name of the company is an acronym and then "Profrssional Services, LLC". So really both of my wildly different business are "professional services" so the name fits. I don't intent on adding my landscaping to the website. The lanscaping is really just for tax purposes while I get things to pick up with the database consulting, so I don't plan on doing a whole lot of marketing other than trying to get some little jobs around the neighborhood while my main focus picks up. So, can I operate 2 different "professional services" under my LLC? [link] [comments]  |
| What are some habits of highly UNsuccessful founders? (Anti-Patterns) Posted: 17 Jun 2019 09:39 PM PDT There's a lot of prescriptive successful founder patterns, but not a lot written about anti-patterns. While doubling down on your strengths is good, in certain cases, working on addressing severe deficiencies in skills critical to founding a business (getting it to at least "baseline competent") may yield a better overall results for the founder per pound of effort + time. Please be specific and constructive. The more actionable the anti-pattern "in reverse" is, the better. I'll start off with some examples:
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| What are some possible ways to raise funding as a LLC? Posted: 17 Jun 2019 04:34 PM PDT Hello, as the tittle suggest, I want to know what possible ways are for a LLC focused on game design to raise funding. Investor and publishers are 2 ways I can only think of. Grants are possible too, but it usually is always around 10-20k USD. In game product placement (in game product advertising in banners and panels can work too, but not when a game is in production stage). Crowdfunding is a possibility too but that relies a lot in marketing, which requires a lot of investment to be done right. Had to re-create the post again because the previous post got deleted because had not enough characters into it. [link] [comments]  |
| Do not be cheap - it will be even worse Posted: 17 Jun 2019 03:59 AM PDT I just wanted to share my 2c on bootstrapping approach I've taken the past 2 months. I am a dadpreneuer that has full-time job and 2 kids (also a partner) and attempts to develop a product at night after kids go asleep or weekends (if any free time). I am not saying this for praise, if anything I should ditch my full-time job, just at the moment I cannot afford to. I have saved just one month salary and I thought, well, there are these freelancing services like Fiverr, and there are so many cheap gigs there, what can go wrong? So I started to execute the things which I do not feel competent for through these "websites". It began quite nice I'd say, only until I started to do something more serious. And the first constraint was a design quest I've made. The person or team, whatever, ranked amongst the top 50 UI/UX experts in the service, gave me clues that they understood the requirement. He was not communicating for 1 whole week after I accepted his offer which made me really unrest. However, after 2 weeks of struggling and mediocre deliveries, we mutually agreed to cancel the effort and get a refund. So I find another person for even cheaper price. He is much more structured, starts with wireframes, gives insights and proposals, I am impressed! Finally I say, so I approve his first steps. Then he goes missing for 2 weeks, 10 days into my projected deadline for the Design sprints I have. And when I say missing, I mean really missing, he was gone. I had to contact the Customer Support to get the gig canceled. The person wrote me after a week apologizing, he said you have to understand me, I had to go to my Village in Pakistan to celebrate Ramadan. Customer Support recons this, cancels the gig as the delay was 2 weeks (apparently) so I said, well fuck it, I find some more serious web developer to execute the whole project top-down (ui, ux, development, deployment, everything). So I found one. Rated 5 (clean 5) stars by more than 1000 customers, had shown me the progress today after a week of work. It's mind blowing how much in the wrong direction he is. Now you may be thinking - well it could be something up to you as it's getting repeated, but I am telling you it is not. I am very obnoxious and structured when it comes to requirements and planning. And I have a PDF that I brought to the level of perfection as a defensive measure in the whole madness of over-communication with bad freelancers. So it cannot be unclear that when I say, the field has to be Autocomplete field that searches asynchronously for users with that id when the user types, still to see an integer as value of that field. Now, 2 weeks before one of my deadline (I do the app myself), I am struggling with mediocre developer that had used some framework to create something provisionally similar to what I had requested without paying attention to the details at all. Also, I am stuck with more than 1000 USD on this service as I cannot simply cancel the gig and withdraw the money. The moral of this story is: don't go cheap even if you bootstrap simple things. Please, for the sake of your mindfulness avoid services like Fiverr and such. Pay more for something that scales, do not be cheap. It might cost more but there is a bigger chance the job is done better. [link] [comments]  |
| Has anyone used the traction channel -"Business Development through partnerships" successfully? Posted: 17 Jun 2019 11:20 PM PDT "Business Development" through a partnership as a traction channel is one of the 19 channels in Gabriel Weinberg's book - Traction. What he states there about "Business development (BD)" is that it is the process of creating strategic relationships that benefit both your startup and your partner. It's like sales with one key distinction: With sales, you're selling directly to a customer. With business development, you're partnering to reach customers in a way that benefits both parties. Has anyone used this channel successfully? What worked and what didn't work? Any tips for someone to try this channel? [link] [comments]  |
| Incorporating (and moving) my startup in Singapore for lower tax Posted: 17 Jun 2019 09:01 PM PDT I have an online startup that is earning a steady flow of income every month. My partner and I bootstrapped the business ourselves and both of us are now full time in this venture. However, the tax rates in my country are quite high and we are looking to move our business to Singapore to avail its low tax system. We're relatively young and the nature of the business is online so we can move around quite easily. Anyone here who moved/incorporated their startup in Singapore as a foreigner? Did you use Entrepass or E-Pass (for business with multiple founders)? [link] [comments]  |
| What to know before spending money on marketing Posted: 17 Jun 2019 11:21 AM PDT I know marketing dollars are the riskiest to spend, so I want to help founders have more confidence before they start marketing. - Before you spend a dollar, make sure you have built trust with your audience already. - Know what success looks like for your ideal customer - Highlight the problem and explain why YOU are the only solution. - Find out your unique marketing opportunities, as competitors may have higher budgets for SMM that you may not be able to compete with. Anything else you would add to this? [link] [comments]  |
| Best way to structure deal with friends and family investors? Posted: 17 Jun 2019 06:53 AM PDT |
| How did you pick a collaboration tool for your startup? Posted: 17 Jun 2019 06:10 AM PDT Hi, not a founder, just curious. How did you go about figuring out what collaboration tool is right for your startup? Did you start off with a checklist of deal-breaker features? What is a deal breaker? How did you find your contenders? What cinched the deal? [link] [comments]  |
| Posted: 17 Jun 2019 10:02 AM PDT Hey guys, first time doing a startup, does anyone know how long the KYC/AML process can take for a bank to clear funds? We are a Canadian startup and we've recieved $100,000 USD from an investor. The money was wired into our account, but for some reason we can't access it. We are being told the funds need to be cleared through KYC and AML before we can use it, but it's been almost 2 months. Also what is the procedure once the funds are frozen, currently we haven't heard anything from the bank. Each time we call, there's little information they can provide. As much help would be appreciated. [link] [comments]  |
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