Startups Peer Support and Self Management Saturday’s - A Safe Place to Vent, Seek Emotional Support, Share Self Management Techniques and Experiences, or Just Rant |
- Peer Support and Self Management Saturday’s - A Safe Place to Vent, Seek Emotional Support, Share Self Management Techniques and Experiences, or Just Rant
- Question about equity and dilution
- What do you guys think of .eu domains?
- Research based (spin-off) startups?
- Laying off employees plus demoting a friend. How to go about it?
- How should I automate my software sales and evaluation - and should I?
- Sunday’s Success Stories - Celebrate Your Successes From the Past Week: Anything goes, none too small!
- Advice needed big time
- Please guide me
| Posted: 07 Dec 2019 05:06 AM PST Welcome to this week's Peer Support and Self Management Thread. This is a Safe Place to Vent, Seek Emotional Support, Share Self Management Techniques and Experiences, or Just Rant. The goal for this thread is to help one another manage mental and physical health so we can more easily find success. We all struggle sometimes and it is important to recognize that the struggle is part of the journey. The important thing is to learn how to overcome that adversity to grow and succeed. Be tactful and classy in how you vent your feelings and share your frustrations. Act in a mature manner. Ask questions, share experiences, and be there for one another. Practice empathy in giving advice and remember that what worked for you isn't guaranteed to work for others. Make suggestions, not demands of others. #Because this is meant to be a safe place to support emotional and physical health there is a zero tolerance policy in effect. Be KIND. Be sure to report any conduct that is in violation of that key tenet. You can also find more support using instant chat on the /r/startups discord. [link] [comments]  |
| Question about equity and dilution Posted: 07 Dec 2019 03:21 PM PST Hi all. I'm joining a startup as a contractor. I have a typical hourly rate I charge in cash, and in this case we're agreeing to a 50/50 cash equity split. What I'm trying to figure out is if it makes sense to do it this way, or should I be expecting more equity because of dilution? So say I charge $150/hr to a normal client, and now I'm getting $75/hr cash and $75/hr in options at the current strike price, is this a good deal? What will happen to my options as the company raises VC money later on? Obviously it depends on the startup, but this is a very promising company that is likely to do well. [link] [comments]  |
| What do you guys think of .eu domains? Posted: 08 Dec 2019 01:57 AM PST I'm considering using one since .com is not available. The business will only involve European countries (mostly Western European, Scandinavian countries + UK) so I think it's not bad in this case. Any thoughts (or suggestions on other domain extensions)? [link] [comments]  |
| Research based (spin-off) startups? Posted: 08 Dec 2019 01:42 AM PST Hello fellow entrepreneurs, I wonder if there is people in this group who work on startups based on scientific research. For example, we are building a microscope based on research done in a couple of universities in the Netherlands. I was first a PhD in physics, then started freelancing, finally transitioned to the startup at the beginning of 2019. And this is all happening because of the support from a professor who really believed in the technology and the value it could have bringing it to market. I am curious to hear the path you followed, how you transitioned out of academia, how did you sort the intellectual property position. Did you get support from funding agencies? [link] [comments]  |
| Laying off employees plus demoting a friend. How to go about it? Posted: 07 Dec 2019 09:02 AM PST So I run a fitness brand and our main product is a Whatsapp weight loss coaching program. Since June last year I have been looking for ways to scale it and I hired a total of 5 people including a friend to help with things. But it looks like we might have to pivot to another model where we won't be needing 4 out of those 5 people. That means I have to fire them... soon as possible probably next week. How do you go about firing people you care about? Most of them have been students of our program before being hired and over the past year we have got close as a group. And it gets worse. The fifth person is a friend who I also happen to be in the process of starting a new business with. I have to inform him since half of his responsibilities will be going away I will have to reduce half of his salary. He just asked me for a raise last week that I declined to. How do I break this news to him without risking our relationship and the new business we are starting together? For context I am 24 and this is my second successful business but this is the first with employees. Do I am new to these firing situations. [link] [comments]  |
| How should I automate my software sales and evaluation - and should I? Posted: 07 Dec 2019 10:37 AM PST Hey guys, I hope you can help me. I'm a one-man band who wrote some software for the Enterprise a few years ago. It's plodded along, and I've won some cool contracts but I'm giving it a real push to market next year. Professional website, professional branding, big certifications that kind of stuff. Up to now, I've just got an e-mail form on my website and I deal with each customer individually. That's fine, it's low throughput high volume stuff (I.e., one customer might buy several thousand licenses). BUT, I'm starting to wonder how many sales I'm losing because people just want to download it and try it there and then and don't want to deal with what they imagine to be sales people. On the other hand, my fear is, frankly, somebody reverse engineering my USP - basically I found a pretty novel and unique (When I say unique, AFAIK, there's nothing else like it) way of resolving an issue in my sector. The second somebody is able to rip off that code, I'm pretty screwed. So, I guess, firstly I'd like your input on whether I SHOULD automate the evaluation process. And if I should automate - jeez, where the hell do I start? How do people do this - how do they generate licenses, ship the software etc? Thanks for any advice! [link] [comments]  |
| Posted: 07 Dec 2019 05:06 AM PST Welcome to this week's Sunday's Success Stories Thread. A lot of us get way too hung up on the destination and the fact that we are not there yet. It is important to take a moment to reflect on a great quote from Agents of S.H.I.E.L.D., "The steps you take don't need to be big, they just need to take you in the right direction"- Jemma Simmons This is extremely relevant to all of us in this community. We should all be more aware of the successes we achieve every day that carry us closer to our goals. Celebrating these successes, no matter how small they are, allow us to stay motivated, focused, and happy while we struggle to achieve dreams of various sizes. The purpose of this thread is to share our successes from the week with one another and have something to celebrate together. So, let us know what successes you have achieved this week! Nothing is too small or insignificant! #Because this is meant to be a safe place to support emotional and physical health there is a zero tolerance policy in effect. Be KIND. Be sure to report any conduct that is in violation of that key tenet. You can also find more support using instant chat on the /r/startups discord. [link] [comments]  |
| Posted: 07 Dec 2019 01:53 PM PST Me and my 2 brothers live in different countries but we are all pretty good at what we are doing whichi is (Designer, Web Developer and Marketing account manager) and we were thinking about starting a business on cloud. What sort of business we can start, we had few ideas on mind but don't mind another perspective! [link] [comments]  |
| Posted: 07 Dec 2019 10:07 AM PST I had applied to a venture capital firm for the role of analyst. Their selection process was thorough. I quite enjoyed it and am thrilled to be a pet of the firm. For the final round we've been directed to prepare a capitalisation table. I wasn't conversant with it. My background is in engineering. A quick Google search tells me it's a fairly complex documentation mechanism. I must also mention that I'm not fluent at Excel. I need to submit it in 2 days. What do I do? Please help me get this job. [link] [comments]  |
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