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    Sunday, April 5, 2020

    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

    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

    Posted: 04 Apr 2020 06:06 AM PDT

    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.

    submitted by /u/AutoModerator
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    Alternatives to Product Hunt to Submit Your Product?

    Posted: 04 Apr 2020 09:01 AM PDT

    I've recently stared building on my idea and I find that a lot of people in the developer community look at Product Hunt as the primary source of initial traction.

    Are there any other that can also help us reach initial traction?

    Also, any Product Hunt Launch tips are welcome.

    submitted by /u/santasnemesis
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    Investor is asking for financial profile, send or NDA?

    Posted: 04 Apr 2020 02:16 PM PDT

    Investor is asking for financial profile after the reviewing the deck         1. Should I share it right away before meeting in person?           2. Is it cool to ask her to sign an NDA or not?        3. Is it normal to ask for the financial profile of the company before even meeting in person? what if it gets leaked?         Any advice would be great!

    or does she something else?

    submitted by /u/Battlecampisthereal
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    Risks of choosing a name that is in use

    Posted: 04 Apr 2020 06:05 PM PDT

    Hi everyone, I'm preparing to build a website for a startup that I am founding. However, I have yet to settle on a name. I have a name in mind that I would like to use, but after doing a Google search I found the name being used for an app that falls within the same industry as my startup.

    I know conventional wisdom is to probably pick a different name, but I am quite fond of the name given its simplicity while also conveying the product and likely being an easily trademarkable name (although their is obviously prior use). After doing further research, the name is not trademarked and the app has little to no activity within the past two years. Further, the app has not bought the domain name or related domain, and has no presence on social media. Does anyone have any suggestions on how to proceed? Should I try to contact the developer of the app, who appears to be an independent individual, or should I just forego the name? Any advice is appreciated.

    submitted by /u/Uncle_Rico_Was_Frat
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    Making money from apps/ websites that don’t process transactions

    Posted: 04 Apr 2020 06:52 AM PDT

    I have an idea for an app/ website that I think would be popular, however before embarking on it I am trying to get my head around potential future monetisation, as there would be no money changing hands either within or outside of the site. I just wondered how sites like Shpock, for example, generate enough revenue to warrant a bottom-up app build and expensive TV advertising etc? There is advertising in-app but I can't imagine advertising for iPhone games brings in enough cash to really be a material revenue stream??

    submitted by /u/PNC3333
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    Want to pitch a niche version of an existing website to its founder/CEO. Is this realistic?

    Posted: 04 Apr 2020 07:52 PM PDT

    Hi all! Total startup newbie here. I have a business idea that is structurally very similar to an existing digital service. I've used the existing website for a few weeks and absolutely love the model. "Website A" is 2 years old and from what I understand the team is pretty small and the CEO seems personally invested in the service he offers. They have about 20,000 users currently.

    Website A provides a service to a very broad market, and I'd like to create another version tailored to serve a specific community. I'd eventually like to add additional features, but even a carbon copy of Website A dedicated to this group will be a huge plus for both user experience and drawing in a new audience. It wouldn't be effective as an add-on to Website A, it needs to be its own thing.

    I don't have the skills or resources to build the service from the ground up, so I'm thinking of reaching out to the CEO of Website A and pitching my idea. Essentially I'd like to use his site's code but I'm willing to do ALL other work to develop, promote, and maintain the site. I'm planning to offer him a % of the profit in return. From a business perspective, is this something many CEOs/startups would consider?

    ------------------------------

    Here's what I can offer him initially:

    -Marketing and pulling in clients for the new site. The targeted community is my professional field, so I'm very immersed in the community, have credibility, and have connections. I'm willing to do all of this marketing and outreach myself.

    -Full responsibility for site's design and non-functional content. I've got a great name in mind, too.

    -Expert insight into the targeted field – I know what users would want and need. It's a product I'd use and I think there'd be decent demand for it, but it's definitely a specialized field.

    -A quick launch. This product is especially useful in the current quarantine situation and with his approval, I'd be able to get it up and running quickly. I've got bold long-term ideas, but with minor tweaks to his site I could have a basic version up and running in a week.

    Plan: Create a visual prototype of the site's design. Reach out to the CEO and ask if he's open to this sort of thing. If he is, schedule a virtual meeting to do a full pitch and present my prototype. Offer a % of profit and possibly marketing/ties to his website on mine.

    Is this crazy or stupid? Any possible pitfalls I should be wary of to avoid being screwed over? If he's interested, where do I go from here legally?

    TLDR; I have a business idea that's a niche version of an existing website. I'd like to pitch the idea to the original site's CEO and offer him a % of my profit with no extra work on his end – in exchange, I'd need to use his website's structure/code. Is this a reasonable deal for him? What should I prepare/consider before pitching?

    submitted by /u/race_you
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    Advice for improving oneself during this downtime?

    Posted: 04 Apr 2020 09:31 AM PDT

    As a newbie entrepreneur, I recently formed a new team to validate a new problem. Unfortunately, in the current crisis, I have very limited access to my potential customers (phone calls and teleconferencing included).I used to get a 10%-20% weekly response rate for potential customer interviews. Now it's just crickets. I guess people are just not interested in interviews and talking when their livelihoods are on the line.

    To better position myself once this is all over, I am reading and re-reading some good classic entrepreneur books (Disciplined Entrepreneurship, Lean Startup, etc..) and also studying the industry (digital advertising/IG influencing). Is there anything else I can do during this time to prepare?

    submitted by /u/count3rpart
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    Sunday’s Success Stories - Celebrate Your Successes From the Past Week: Anything goes, none too small!

    Posted: 04 Apr 2020 06:06 AM PDT

    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.

    submitted by /u/AutoModerator
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    Learnings on Finding Product Market Fit

    Posted: 04 Apr 2020 04:28 PM PDT

    Hi All,

    I was hoping to start a thread where people could share their learnings about finding product-market fit. Currently, I am going through the start-up school lectures from Ycombinator.

    I'll give an example: I work a lot with open-source and am using various matrics on Google Analytics to track which parts of our codebases that people make use of so that we can really focus on one or two verticals. The one thing that I found by looking at the incoming social traffic was that the majority of users came from enthusiasts rather than industry professionals. We released a training program, added a fee, and released it out into the world in a classic MVP style.

    It seems like we have hit a fit on account of already hitting our capacity to handle new students. The problem is that training doesn't scale well unless it's in a MOOC format and I would much rather focus on a SaaS or subscription type business. So still hunting for a fit within our codebase.

    submitted by /u/kingsley_heath
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    Company Formation/Landing Page Advice

    Posted: 04 Apr 2020 06:26 AM PDT

    Hi All

    I am based in the UK and in the process of creating a demo video/interactive prototype for an app.

    I would like to put said demo or screenshots of prototype onto a landing page to act as a sort of MVP, much in the way Drew Houston did with dropbox, placing a pre-launch e-mail sign up so as people can register their interest and I can, therefore, ascertain whether there would be significant interest and would give me some form of initial proof of concept.

    My question is - if all I am doing is setting up a landing page and taking peoples emails, do I necessarily need to have a company already formally registered with companies house? or should I register as a sole trader?

    submitted by /u/2020visionh
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    Mistakes You Made and What You Recommend

    Posted: 04 Apr 2020 08:34 AM PDT

    Hi guys,

    I've tripped and fallen into an opportunity that has a very limited window to jump on and maximize it's potential. To be frank, I'm hoping you guys could help me out with your experiences, mistakes, suggested apps, etc. to take your company from nothing to something. I've fallen in love with Slack, G-Suite, Zomo, just to name a few. What's the most popular mind mapping software to organize your thoughts and tasks? What kind of books or videos did you read and watch to try to get a handle on what's the most important tasks and what you can delegate out. Any help, advice, or input, even NEGATIVE, would be much appreciated. Thanks guys.

    submitted by /u/AllStars_Chucks
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    What should I do next?

    Posted: 04 Apr 2020 08:16 AM PDT

    I have my idea, have talked to customers, started building the product and now am trying to figure out where to go from here. I'm not a technical person but I've taught myself enough to get a half decent beta, I want to bring people on to work on the product, etc. I'm just trying to think of what I need to do in terms of business stuff (bank account, incoporation, etc.) before I actually bring anyone else into it? I have just my own bank account funding this so I'm trying to not lay out too much cash for things that aren't essential

    submitted by /u/Annab12345
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    Google Sheets: Trying to automate things a bit more but now I am stuck

    Posted: 04 Apr 2020 03:53 AM PDT

    Is it possible to make multiple queries where one query is taking data from an importrange and another query is taking the data range from the current sheet?

    The Query

    ={query(importrange("https://docs.google.com/spreadsheets/d/1lGQg77JCj\_oBm7SqJPTNc8FVYv2\_BVvFarU-b9sOfE4/edit#gid=0","Overview!A:L"),"select * where Col1 is not null");query(A:F,"select * where A is not null")}

    In my first attempt it gave me the error message that there are empty values in my sheet so I modified it and removed the empty cells. Right now it says that there is a circular dependency but that is not possible because one data sheet is from a Shopify export and the other one were created manually.

    I thought that the question could be also interesting for others who are trying to automate things

    submitted by /u/_feelsgoodman95
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    I have a Great Idea/patent for a Startup but I'm Scared it will be stolen by a Patent Lawyer (Intellectual Property)

    Posted: 04 Apr 2020 09:33 AM PDT

    Hey,

    So I've been working on this idea for a prototype piece of hardware and I think it's worth millions but I'm afraid of losing it if I try and patent it.

    Is there any legal way for me to be protected from a patent lawyer, like some agreement (besides an NDA)?

    I was also thinking would it help to get a few related concepts patented first, but not directly related to the core idea, just so I'm fully covered?

    I've read horror stories on Google about patent lawyers stealing ideas.

    submitted by /u/Ice7177
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    Trying to find a programmer for my idea

    Posted: 04 Apr 2020 07:05 AM PDT

    Anyone have any tips?

    I was working with a guy & his team but he's been pretty useless, leading me on since last June without doing any actual work and all he wants to talk about is money. Where can I find a programmer that will work for equity?

    What did you all do?

    submitted by /u/b7d
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