Startups Tuesday Operational Roundtable - A Forum to Ask About Legal, Accounting, Project Management, or How to Get Started |
- Tuesday Operational Roundtable - A Forum to Ask About Legal, Accounting, Project Management, or How to Get Started
- Should I learn to develop my own app or not?
- Larger/More established companies not taking startup experience seriously?
- Shares for earlier employees
- Seeking Partnering Advice
- How to craft Performance incentives for offshore developers?
- Help! Do I invest in engineering or secure IP first?
| Posted: 04 Jun 2019 06:06 AM PDT Welcome to this week's Operational Roundtable Thread. Ask about anything related to legal, accounting, project management, or how to get started. Don't be shy. The purpose of this is to learn and share ideas and methodologies with one another. Any question is a good question! If you are answering questions, remember to be kind and supportive. Many are just starting out and have no idea what they are doing. That's okay! We all knew nothing before we knew something. You can also find more support using instant chat on the /r/startups discord. [link] [comments]  |
| Should I learn to develop my own app or not? Posted: 04 Jun 2019 11:39 PM PDT Im in the process of launching my side hustle that is dependent on a mobile application. I got a few quotes which are reasonable but expensive at this point. So I have been contemplating how should I go forward, build the app solo saving the money but having to learn the code itself (which I'm sure is no walk in the park) or bite the bullet and hire someone? What are your thoughts?
Thanks [link] [comments]  |
| Larger/More established companies not taking startup experience seriously? Posted: 04 Jun 2019 10:30 AM PDT I'm going through this now, and I'm wondering if anyone has any input. Either on my situation or a similar one they've experienced. Been in a tech sales startup environment (5-15 people) for the past 2.5 years. More specifically travel & leisure sector. Been doing a lot that would have been outside my normal experience range, but I've been doing it well and have become a very valued, equity holding member of the team. Mostly in Sales process and Account acquisition/management. Recently I've started going on some interviews. Mostly to understand what options are out there. I figured like hey I have 2+ years experience in tech sales now. Some recruiters have started reaching out to me. I'm being met with what feels like frankly a dismissal of my experience. I'll explain my current product, the sale, my role in establishing the processes and my execution of them. To me it seems like something that would be a plus, but I'm just getting stonewalled. Having trouble figuring out why exactly, but my gut tells me people think my experience is somehow non-legitimate? Like "oh he works at a little startup but he couldn't handle what we do here". There are obviously some factors at play here that I haven't gone into: interviewing skills, specifics of my role/product, financial situation of current company etc. But I'm curious if anyone who has made the transition from small team startup(5-25) into a medium sized company (50-150) has been met with the same reluctance and how you handled it. Thanks in advance. tl;dr More established companies bringing me in to interviews do not seem to care/value that I've played a formative role in my current startup. I'm being met with a sense that I couldn't handle what their slightly larger, more funded companies are doing. [link] [comments]  |
| Posted: 04 Jun 2019 03:46 PM PDT The company I work at decided to give me some shares for my efforts I put in building their product. To be eligible to take 100% of the total shares then I have to spend 4 years with them. 25% per year. My question is: If I start working in Jan 2016 and they offered me the shares in 2018, will the two years (16 and 17) should be counted in the total four years? Or from the moment they offered me those shares! [link] [comments]  |
| Posted: 04 Jun 2019 04:53 PM PDT Hello everyone. I'm looking for some advice on bringing in a partner (my brother) to my startup for financial support. I've got an idea for which I'm currently building an MVP and I'm running dry on cash. My brother is also an engineer and cash rich. He has good ideas here and there so his advice is helpful, but not to the point of being in charge of any particular portion of the execution of the idea - more of an advisory role. I'd like to use his financial - and other - support in exchange for something. I need help figuring out what the something is. Having said that, please consider the following: 1. I don't want to create sensitivities between myself and my brother at any point because of the startup. 2. I don't want him to ever feel (or make me feel) like I owe him for bringing cash to the MVP and beyond. 3. I truly want him to be part of this in a way that is FAIR for both of us, considering that it's my project and his money. So my questions are: What structure do you think would work well? Should I bring him in as a partner? Member of the board of directors for a percentage? Strictly profit sharing? Others? Thanks for taking the time to go through the conundrum in my mind as I write about it for the first time. Your experienced advice is appreciated! [link] [comments]  |
| How to craft Performance incentives for offshore developers? Posted: 04 Jun 2019 02:50 PM PDT I'm an owner / project manager of a fairly large-scale web dev project and only one developer. I cannot afford another. we are breaking even. modest traction. I'm American and he is Russian, we've been working together for maybe six years now. it's been a grind. There's a lot to be hopeful for, but we need to kick it up a gear. I feel that I'm getting slow walked by my developer with exaggerated estimations, missed deadlines,and insufficient quality. He may be a bit burnt out. I believe my developer can be twice as productive as he is now. He is hourly, perhaps a splash under market, but it is steady work and intellectually interesting. I've tried bonus programs in the past that are tied to scrum story points and such things, but it always seems hard to manage, but can be motivating. I don't feel it is an equity opportunity for a variety of reasons. Any thoughts on bonus-type incentives provided that the incentive was tied to production or the business success? Thanks! [link] [comments]  |
| Help! Do I invest in engineering or secure IP first? Posted: 04 Jun 2019 08:24 AM PDT Hello, I'll keep this brief, but looking for a little insight on a big decision (for me). I'm stuck between A) paying an engineer ~$3,500 to design my V2 (he designed the first one) prototype PCB board for a hardware design or B) Secure a provisional patent. I'm bootstrapping this and have a very limited budget, so the engineer would basically blow that up. [link] [comments]  |
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