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    Startups Manic Mondays: Support To Get You Through The Week: Share What You Need Help With, Job Postings, For Hire Offers, or Resources

    December 31, 2019

    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

    Posted: 30 Dec 2019 05:08 AM PST

    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 REQUEST

    What 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.

    submitted by /u/AutoModerator
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    5 things to consider before starting your own business! [my take on it]

    Posted: 30 Dec 2019 03:05 PM PST

    1. Start with Why Ever heard of Simon Sinek? If you don't know why you'd like to start your own business, it is highly unlikely that your drive to succeed will last long. Your 'Why' helps you see the bigger picture and even more importantly, will serve as a reminder on why you started your business, in the face of adversity. Most people give up when faced with obstacles, statistically speaking about 20% of businesses fail in the first year and at least 60% close shop within 5 years (ONS, 2018). So if you haven't got a strong why or purpose for whatever you want to do in life, then take your time to figure it out!

    2. Understand what success means to you Different people = different definitions of success. Whatever your definition of success may be, perhaps a certain sum of money? Freedom to work whenever? A nice house and nice car? YOU have to define success. Be specific, being able to quantify your success in some form will allow you to measure your outcomes and assess your progress. E.g. Success could be, "Feeding a 1,000 homeless kids a day, as part of your business CSR program". Or it could be, "making $1 million dollar by the age of 30."

    3. What are you willing to give to succeed? Running your own company can sound thrilling, however, it's a lot of hard work and focus. Know how much time, effort, resources you are willing to put in to succeed in whatever you're doing. Many people are thrilled at the thought of "being their own boss and working whenever they wish"; little do they know that the entrepreneurial journey is going to drain a big part of their life. I'm a big believer in reaping what you sow, both from a business perspective and life perspective. The amount of "anything" be it time, effort, love, helping hand you give is going to produce the same results.

    4. What are you willing to give UP? Note the difference. Up there, it was about what you're willing to give to succeed. Now consider what it is that you have to give up to change your life. That said, you're going to have to let go of behaviours, mindsets and even social circles that will only contribute to your downfall. The entrepreneurial journey is as much a career change, as it is life-changing on the "physical, spiritual and intellectual" level. You're going to need discernment, discipline and determination all the way through. If you're the type of person that used to party 4 nights a week, if you're serious about excelling in your business and achieving tremendous growth, then you'll probably need to quit partying.

    5. Know thyself What skills do you have? What skills do you lack? Do you like solving problems? Are you more of a creative thinker or more of a logical thinker? Are you financially literate? Do you know what cashflows and income statements are? Make a list of the areas where you excel at and areas where you need to work on. As an entrepreneur, you're going to be wearing different hats, whether or not you have a team with you, so you have to have the humility to admit you don't know everything, whilst also having the courage to work on your weaknesses, because the faster you learn and work to improve yourself, the faster you'll reach your goals.

    BONUS. 6. What are your present commitments? Lastly, have a look at your present commitments. If you're married and expect a newborn baby, the amount of time that you can spend working on your business is going to differ from someone who is single and has nobody else to feed. Having said that, if you have a family to feed and little savings, the last thing you want to do is burden your family and create an environment of stress and uncertainty. Similarly, if you're currently working a 9 to 5 that you don't wish to quit and yet, think of starting a business as a side-hustle, the amount of time and work that you're going to spend on growing your business will differ from a college grad who can work 24/7 on the business. Whatever it is, know what you are currently committed to, take council from the people who are directly and majorly affected and make wise decisions.

    I hope this advice helps and don't hesitate to comment or share your thoughts! Remember, the only person you're ever competing with is who you were yesterday, and who you'll be tomorrow - no one else.

    Original Post

    submitted by /u/StrangersWOG
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    Interviewing at a startup. Can I ask if they’re profitable?

    Posted: 30 Dec 2019 03:07 PM PST

    I would be moving across the country for this position so I want to make sure they are on solid financial footing.

    Their last funding round was a series b about 2 years ago. About $12m in overall funding. Doubled employee count over a period of 4 years.

    submitted by /u/Razz__berry
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    Startup Perks

    Posted: 30 Dec 2019 06:50 AM PST

    What are the perks of your startup? Are you a founder / CEO or an employee of? How many employees? Where abouts in the US are you located?

    I work in Nebraska at an investments startup with about 10 employees. We get free lunches, drinks and snacks. No dress code. Have a gym in the office. Flexible hours and work from home capabilities as desired.

    submitted by /u/Google-Panda
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    Can a college student work at a start up in this unique situation?

    Posted: 30 Dec 2019 05:49 PM PST

    I'm a college student who probably has the skill level of a jr. developer, maybe a little less, and was wondering how likely it is that a startup company would be willing to hire me part-time/for an internship where I can work a few days a week for them and help out anyway that I can for very little pay while still in college to build my experience before graduating? I live in nyc and feel like companies would love the help for little pay but also might not want to hire someone still in college with other obligations. What do u guys think?

    submitted by /u/kingbo5
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    How do you come up with business ideas, outside of filling your own need?

    Posted: 30 Dec 2019 06:34 PM PST

    I have a friend who created a business by looking at a Harvard PhD paper that he found online -- the paper's concentration was on behavioral science. This made me think -- there must be a trove of interesting theories and studies that one can use to base their startup on.

    Do you use this approach? If so, what's your source of inspiration/data?

    submitted by /u/LogicalHurricane
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    How much money should be spent on advertising at a minimum?

    Posted: 30 Dec 2019 12:03 PM PST

    Putting $5 into advertising obviously isn't enough to make a difference and an impact. How much do you think the minimum is for it to be worth it?

    I recently just tried putting $25 into my startup's Instagram to see how it drew in things. I got about 4500 impressions, 3000 reaches, and 15 follows. I totaled 189 likes from the promotion, 65 comments (it was a giveaway where they were asked to tag people to enter in an attempt to drive visits), and 14 people saved the post to look back at it later. I think it was a success for the most part, but putting more money into it probably would've given me a better return.

    submitted by /u/jackmassey11
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    How to promote my app product idea to my prospects - Product not already built

    Posted: 30 Dec 2019 03:16 PM PST

    Hi,

    We are working on a management platform for jobbing companies.

    Actually we are not starting the development. We said that it will be a good idea to see what our target customers think about the idea and the platform. We will decide then ti continue in our adventure or not.

    I have a list of leads and I want to make our first outband compaign.

    My question is what should we inform our leads? should we say that the product is ready with the list of the features or just push them to express their desire to test/use the product when it's ready? Our goal is product validation.

    Any ideas?

    Thank you :)

    submitted by /u/kgsami
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    Best way to validate the prototype of my idea with the target audience?

    Posted: 30 Dec 2019 12:09 PM PST

    I have recently built a prototype of my app idea in Adobe XD and want to validate my idea with the target audience before searching for a developer and really getting things rolling.

    I have 'fail fast, fail cheap' in mind so I want to initially grab 100 potential users and get some feedback on whether they would use the app and gain some further insight.

    What is the best way to do this remotely? I have recruitment to consider, but also how do I show them the prototype and gather the feedback. I don't want to do it via a messaging service or email, but also understand that it's not feasible to do this face to face... any ideas?

    Thanks!

    submitted by /u/PostyXBT
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    Funding Questions

    Posted: 30 Dec 2019 07:46 AM PST

    First of all I don't know anything about funding and then shares once I get funding(please tell me where I can learn more about this)

    Well what I don't know is if once I have an idea and the concept of one product someone would fund me(what about accelerators?Will they consider you without having a MVP?)

    And if I have a MVP but not sales yet,is there a chance of getting funded or taken by an accelerator(public/private)

    Obviously I am talking about Angel investors and VC firms

    Hope you can help me

    submitted by /u/andreascorrano21
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    What's my next step? I have no idea what I'm doing...how can I learn before I have to learn from experience.

    Posted: 30 Dec 2019 07:22 AM PST

    I've never worked as a professional developer, but I've done a little side work creating websites for small companies over the years. This is the side of the start up that's concerning me.

    Long story short. I have an app idea I think is pretty good. Teamed up with a guy that made up my shortcomings. We went looking for investors, approached 3 local investors and all three jumped at the chance to invest. Looking back we probably should have went for more money. But just an idea got us 40k to start working with. I developed the back end of the app, have the design complete, and now we are hiring a couple of freelancers to develop the front end. I'm completely lost at what to do. I have no documentation to give these people so they know what to do. I'm not even sure what documentation I should give them. I don't know how to manage them, how to protect myself if they try and screw me, and make sure we are getting everything we pay for. Is there a resource anywhere that walks people through these steps? Something I can do to help figure it out?

    submitted by /u/thisisbeer
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    About finding sponsors

    Posted: 30 Dec 2019 06:00 AM PST

    Hi everybody,

    I'm working on a product that will be free for the end user and payed by sponsors. Just wanted to ask if you guys have had experience finding sponsors, writing cold emails for them and just having something attractive that ultimately would interest sponsors.

    Thank you for your comments!

    submitted by /u/_benj
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