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
- 3 Years in and Feeling Burned Out
- I just incorporated in the state of Delaware; what documents do I need to issue to give myself 70% of common shares?
- How can I keep myself busy while our sofware is being developed?
- Online New Economy Financial Model Builder
- Idea stage- advice, resources, mentorship etc
- getting funds as an existing company for an investment opportunity
- What advice would you give to a startup who is about to enter discussions with a corporate investor on seed funding.
- Opposite philosophies regarding idea validation
| Posted: 26 Aug 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]  |
| 3 Years in and Feeling Burned Out Posted: 26 Aug 2019 01:02 PM PDT I'd like to share my experience and my burned out feeling to hopefully open the floor to other entrepreneurs that feel alike. I'm currently the CEO of my second (and finally what seems to be successful) startup. We are in medical tech and started with barely 40 K of investment from the founders, which has bloomed in 100 K of monthly revenue, 10 employees and a 100 % yearly growth. We even opened ouf first office in the US last quarter (we are based in Europe). Everything seems going well and I am happy to see all the positive feedback from our clients and patients that we are helping. The problem is that after 3 years, I feel burned. I do not have the same passion for the position and the project as I had before, I'm starting to arrive late at the office and leave earlier, it takes me longer to complete tasks and overall procrastination has started to become a problem. Had this been an employee position, I would have left by now to another company/ challenge, but as co-founder and the only one to be able to lead from a managerial point of view, this is not possible. My overall feeling is that the current growth, although encouraging, is not fast enough to take us "to the next level" of what would be for me a new challenge is term of strategy and management. This lack of new and bigger challenges make every day at the office feel a bit of a routine. Also, having built a team with a strong COO in charge of operations and with automated processes that do not require my daily attention, seem also to, ironically, be part of my problem. Hopefully other entrepreneurs that have felt this problem could comment on what they do or have done to combat this problem and keep moving forward. Thank you for listening to me. [link] [comments]  |
| Posted: 26 Aug 2019 09:09 PM PDT Can someone please give me a brief run through of what documents I need to issue to give myself 70% of common shares? The corporation has the potential for 10 million common shares, how do I go about assigning myself majority shares before I sign my SAFE agreement with investors? Is it simply a director meeting with minutes, approval, and then issuing myself shares and recording it in the ledger? [link] [comments]  |
| How can I keep myself busy while our sofware is being developed? Posted: 26 Aug 2019 08:43 AM PDT I'm looking for some productive ways to spend my time while I'm not as busy. I currently work for a small startup as a product designer and manager. We chose to outsource our development. The design handoff is complete, and we are looking to have our product done in a couple of months. Besides the weekly update calls and questions as they come up from the dev team, I feel like my part of the job is complete until the software is complete. As a designer by trade, I try to keep improving with small, personal projects. I also spend a lot of time researching and reading on our industry. But I feel like I could be doing more. Should I just enjoy this slow period, or is there something else I should be doing? [link] [comments]  |
| Online New Economy Financial Model Builder Posted: 27 Aug 2019 01:53 AM PDT Need feedback on my new Kickstarter project Introducing UPtick. It's an online financial model platform. Mix the New Economy's relevant industry drivers, and key metrics along with their calculations in a modular financial model in one place UPtick will be the world's first financial model builder for new economy models. We have 3 components - Online Model Mixer, New Economy Minimalist Pocket Guide, a Video Series on 100+ New Economy Business Drivers [link] [comments]  |
| Idea stage- advice, resources, mentorship etc Posted: 27 Aug 2019 12:11 AM PDT Hi Everyone! I'm working on a start-up which is currently at the idea stage. I have developed the business plan and have started to validate the idea. Just as an FYI I am a solo, non-technical founder based in London (UK). I'm now struggling to reach the next stage (build an MVP, start to build an audience, prep to raise capital etc).. Are there any 'idea stage' resources that you may have used to help you take the next step? If you have any recommendations on any of the following that would be much appreciated! - Events - Mentorship / Advice companies or non-profits - Idea stage investment companies (unlikely I know!) - Any start-up communities or networks - Idea stage accelerators - Start-up mentors (who may be willing to have a quick chat with me!) Basically anything which may help me take the next step. Thank-you in advance for all your help! [link] [comments]  |
| getting funds as an existing company for an investment opportunity Posted: 26 Aug 2019 01:56 PM PDT I bootstrapped a company in Germany that sells physical products for a b2b niche market under its own private label. I started this business in May 2018 and until now I have made around 70.000 USD in sales. I export my products internationally to distributors in 15 different countries. One of our regular clients is the ministry of health of a country with a population of over 80 million people. The feedback that I have received from my customers regarding the quality and service is positive but the lead times is too long. This is due to the fact that I am sourcing my products from different original equipment manufacturers and do not have a stock. I offer a range of more than 15.000 products and cannot cover the investment. Now an opportunity arose: One of my OEMs went bankrupt. He has a huge stock with a market value of 200.000 to 600.000 USD. I was offered to buy all the products for 50.000 USD. However, I'm missing 15.000 USD to cover that. I want to take the opportunity because it would make me independent and greatly reduce delays in delivery to supply my customers which have been an obstacle and prevented my company to grow faster. Now I'm thinking about hiring a business plan writer to explain the idea and publish it on an investment site. I have never tried to get funding before. The funding I require is quite low, so I would increase it to 50.000 USD. What are your thoughts on this idea? I cannot get a loan from a bank because my business has only been founded recently. What I have to back up the idea: - letters of intent by 7-10 clients that state they would increase business if delivery times are reduced - overview of a large number of orders and my customer base in my ERP [link] [comments]  |
| Posted: 26 Aug 2019 06:51 PM PDT As the title states what advice would you give to a startup who is about to enter discussions with a corporate investor on seed funding. Startup is relatively new and the corporate investor is a good strategic partnership - I.e. there are opportunities for dogfeeding the product. I posted earlier in the Thursday funding thread but only received one response. Hoping to get a few more perspectives here. [link] [comments]  |
| Opposite philosophies regarding idea validation Posted: 26 Aug 2019 02:09 PM PDT I have an idea, it's more like a passion that has been growing for the last 7 years or so. Throughout that time I have come across a few different ways to evaluate an idea. Two that puzzle me because they seem completely opposite is what Simon Sinek talks about in his book "Start With Why" in which a business has a soul, a passion, a clear vision and mission. The idea is not necessarily based on an easily identifiable market need (people didn't know they NEEDED and iPhone until Steve Jobs came up with it, or a UI until Apple came up with it), and thus these ideas initially doesn't seem to have a lot of metrics to, say, convince investors except a passion to change something. The other train of though seems to be more towards the YC startup definition in which hard numbers are needed, the needs are expressed by the user (as opposed to a need that the user is not aware of having or had never thought about improving), there's a measurable market and all of the traditional business metrics around. Do you guys have any idea why the apparent discrepancy? pros vs cons of each? Does a founder starts a company because he has a vision and profitability is an accessory, or does a founder just opens a company because is profitable, and nothing else? [link] [comments]  |
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