Startups Sunday’s Success Stories - Celebrate Your Successes From the Past Week: Anything goes, none too small! |
- Sunday’s Success Stories - Celebrate Your Successes From the Past Week: Anything goes, none too small!
- Are Indian Startups heading towards another bubble burst?
- Development outsourcing with large code base?
- From idea to working product: Help validating my strategy, looking for experiences.
- Product Naming Competition yay or nay?
- Make Money Online Teaching English!
- Do you have an opinion on validating business ideas
- People who have made successful (enough to live off) SAAS products - how did you get your idea?
- Should my tech startup have a blog page?
- Need Advice on Which Positions to Take and Which to Nuke?
- Egg & Chicken problem
- Shall I do the Product Management domain, or shall I seek fulfillment elsewhere taken my convoluted career path?
- Which is the best budget/free hosting option to host a social media webapp (less than 50 users initially) with php backend?
- Is it possible to send a proposal to large retailers?
- Wanting to move on a startup idea with no coding, web design, or programming knowledge.
- Best software tools for website based startup
- How do you choose a name for your startup? Can you help me with mine?
- I’ve met a developer who I think would be a great co founder, but he doesn’t use my preferred languages. Should this be a deal breaker?
| Posted: 23 May 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. [link] [comments]  |
| Are Indian Startups heading towards another bubble burst? Posted: 24 May 2020 07:50 AM PDT Ola lays off 1400 employees, Swiggy laid off 1100 employees, Zomato had earlier laid off 500 employees, all in the last one week. Zomato employees have taken a pay cut of upto 50% Ola had a 95% decline in revenues. Zomato's & Swiggy's business dropped by 70%. In the food space 25-40% of the restaurants may shut in the next one year. 7 million jobs will be on the line because of the restaurants closing down. Oyo has laid off 2400 in India, 5000 in usa, 7000 in China & now plans to layoff in UK. Paytm has laid off 500 employees All the 5 unicorn startups are loss making: Ola: 339 million usd loss Swiggy: 315 million usd loss Zomato: 294 million usd loss Oyo: 335 million usd loss Paytm: 549 million usd loss Soft Bank which funds Ola, Paytm, Oyo, Delhivery, Policy Bazaar, Grofers has posted a loss of 17.7 billion usd for its vision fund. About 15 of the fund's startups will likely go bankrupt. This is the worst year in the 39 year history of Soft Bank which has funded Wework & Uber as well. Jack Ma, founder of Alibaba has decided to leave the board of Soft Bank Is the game of valuations over? Time for a new breed of startups? P.S: Delhivery, Policy Bazaar, Grofers posted a loss of 236, 29, 60 million usd. [link] [comments]  |
| Development outsourcing with large code base? Posted: 25 May 2020 01:12 AM PDT My company has matured quite a bit and we are now commercial and have a relatively large codebase for our SaaS... Somewhere in the order of 400-500k lines of code. This code was all written by the co-founders. However, we are now at a point where we want to accelerate development and are looking at either a full time hire, contractor, or dev shop. For full-time or long term contractor we know the path. However, with dev shops it seems that most are focused on helping start-ups with MVPs and not with working with mature codebases. How do we screen these shops technical capabilities and what should our expectations be for getting them up to speed and being in productive? [link] [comments]  |
| From idea to working product: Help validating my strategy, looking for experiences. Posted: 24 May 2020 11:34 PM PDT Hi all. Currently developing a WebApp. I'm a business guy, with a bit of coding experience, mainly Python Flask and VueJS. After quite a while seeing what to me looks like a clear opportunity, I decided to give it a go. My current game plan is as follows: 1. Organising the vision The first thing I've done was to start a Confluence page, in which I've wrote as much as I could, trying to take my idea out of my head and into paper. I wrote about what the app should do, user stories, main features, screens, references, organised my contact list and everything I think I need to start. 2. Develop UX/UI (I'm here) Right after putting everything on paper, I decided to write my first check, and just hired and agency specialised in UX/UI. My theory is that by doing a mock product (Sketch, Figma, stuff like that), I'm going to be able to further validate the idea, put my vision into the screen, with a design and user workflow already set. I'm also hoping this will save me time and money during development. 3. Define technology architecture As I need something flexible and modular, and want to make the first choices regarding my stack. I'll probably go with an API First approach, probably Python in the back, VueJS front, but still need to understand what will be done with microservices, and how to architecture will be designed. My plan is to hire an experienced software architect maybe for about 5-10hours to make the blueprint of the webapp as a whole. 4. Manage development Even though I'm already writing a bit of code, I'm going to need help. By having the UX/UI in hand, and the architecture set up, I want to translate my epics and stories (which were setup in step 2) to Jira cards. My idea is to have the product requirements (already written) well set so that it would be easier to manage developers. Steps 5 - Infinite. Go To Market / Learn Iterate Learn from the operation and the potential clients. I've done as much as could in this step without having a product. Talked to a lot of people, received some "yes, I want to try", and now I need a proper working product. I do have some fairly similar international competitors, and there are starting to appear similar national competitors, receiving investments and showing interesting traction numbers. So yes, 5 is paramount, but I need to have a product as soon as possible. During the current stage I've been defining which features/screens will be going into the first version, to try to have a working piece of software as soon as possible. I do not (and won't) have a partner at first (yes I know there's a bias in that sense), I have been spending most of my nights and weekends working on the project, and I'm fairly confident I can make this work. Nevertheless, I wanted to hear some experiences of people who went from idea to product, to try to understand how could I improve the project efficiency. Any help and suggestion is welcome. Thanks a lot. [link] [comments]  |
| Product Naming Competition yay or nay? Posted: 24 May 2020 10:28 PM PDT Hi all. I am currently involved in building my first start up company and launching my first product on kickstarter in the coming months. As of yet the product doesn't have a name since we just pivoted our niche and the old name won't cut it anymore. I have a few names in mind but I was thinking of starting a product naming competition a month or 2 before I launch it, with a (small) cash prize and a free product as the reward. My thinking is its a good way to build some traction and allowing the potential customers to be a part of it, as well as getting an email list since one of the conditions will be to sign up to the website landing page. On the flip side, it might seem like I am clueless about the brand direction/ identity and I could end up with a product called "Boaty McBoatface" or could I end up in some sort of trouble further down the line if the product became super successful and said winner wants more $$? Since this subreddit has always been my go to for useful info I would like to hear your opinions. Thanks all and stay safe. [link] [comments]  |
| Make Money Online Teaching English! Posted: 25 May 2020 03:02 AM PDT Contributors English app is looking for native English speakers to make short 30 second videos about their day to day life. You will be paid between $1-5 USD per video, depending on the quality and footage. There are no age requirements and no degrees needed. I have an individual referral code for you to use. If you would like a code, post a comment and I will reply as soon as possible.
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| Do you have an opinion on validating business ideas Posted: 24 May 2020 10:50 PM PDT Hey Founders! So there's a market that interests you and you've identified a pain within the domain by talking to a few folks in the domain. You now have a conceptual solution that these folks SAY will solve the pain. You now wish to validate it further with a larger audience. If you've been in this situation, what tools have you used to verify the need? I know people have used a simple landing with an early access signup and without a product, to see how many people signup as validation metric. Have you done this as well? Any other methods that worked for you or any opinions you have in this area? [link] [comments]  |
| People who have made successful (enough to live off) SAAS products - how did you get your idea? Posted: 24 May 2020 10:46 AM PDT Curious to hear from people who have either made a product for an industry they knew well, or one they didn't. For the latter - how did you approach the research you had to do to find your niche? Did you have any competitors or were you the first to make a product like yours? I'm basically looking for insight into how to find the problems that need a SAAS solution when there are so many industries I don't know the workings of. [link] [comments]  |
| Should my tech startup have a blog page? Posted: 25 May 2020 01:59 AM PDT While working on my startup, I recently put time aside to create a blog page (can be seen here: https://sigmetic.io/blog). I've been writing a lot on Medium, so creating articles and written content comes fairly easy to me, however, I still wonder why it is that every tech startup seems to have a blog page. What are the benefits? Generally speaking, would you say that having a blog page is a must-have, a delighter, or it doesn't really matter? I'll be happy to hear your takes on this, and any experiences - good or bad - are very welcomed! [link] [comments]  |
| Need Advice on Which Positions to Take and Which to Nuke? Posted: 24 May 2020 11:12 PM PDT Hi everyone, here's a list of the things I've been involved with. I primarily need help deciding between Startup AH and Startup C. I haven't started with AH yet but I have started with C, and I want to leave C, but I'd feel bad about leaving (ish)? Like the boss didn't do anything wrong, I feel like I'd just learn more from AH and that the internship is more structured. I won't have time to do both AH and C as I'm already part of many things. I feel more excited about AH as healthcare is my jam, but C is giving me insight into the consumer goods space. And I feel like it could be more useful to have more experience in other industries as AH is just another healthcare gig (already have experience in healthcare). Or...I could nuke something else on my list? Here's the list so you all can have some context. 1) Own Business/Co-Founder
2) Startup G
3) Startup MN
4) Startup MV
5) Startup C
6) Startup AH
7) Startup IM
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| Posted: 24 May 2020 10:42 PM PDT Hello, in about 4 months I will be launching a website as a startup. It will be a user review based website of a niche. The reason im posting this is because we are going to face the egg&chicken problem(there will be no reviews to read). If anyone here has faced this problem or has some tips about how to face this problem and bring reviews to the website I would appreciate if you shares it with me here. Ps: I want to have quality content, not fake reviews or paid reviews which would be the "easy" and incorrect path. Willing to discuss! [link] [comments]  |
| Posted: 24 May 2020 04:59 PM PDT Hey community I wish to hear your thoughts if my past experiences might yield to promising future within Product Management. Or is it going to be too convoluted path with all the facts taken into consideration. TL;DR Since 2014 I've either empirically tried (or theoretically learned) the bigger half of white-collar non math-heavy stuff about Digital Marketing and how IT firms work (since 2017) ... besides the more complex details of software development and its peculiarities. I grew weary of it, and am weighing on tenaciously pursuing product management for next X years, or quitting corporate IT for a big part, taken what was I doing until today wasn't particularly intellectually fulfilling. The catch is, I'm somewhat terrified of dealing with cumbersome amounts of math. It might be an outdated reflex from since I was a teen as I was stumbling with math a lot in the past. Generally in life I was kind of held back by being slow with math. Since high school, I had bad teachers and had no motivation to be technical person, so I didn't do s*** really to ramp up the numbers/math game. Thus, I didn't consider a developer path. Or a financial advisor/broker/financial analyst. I'm Life/career path:
Over the course of last 12 month I was collecting knowledgebase to spec in Product Management as it unites all the stuff I know to varying degrees. To have some binding bridge between where I am now and where I want to be, I think of doing Business Analysis course and HarvardCS50, then start applying to Product management positions. If I were to give up on the whole ProductMgmt endeavor along the way, the last resort path in tech sphere I feel comfortable with is Design, and I assume that I will probably enjoy it mostly. The leitmotif question being, shall I do the PM, or shall I seek getting good results elsewhere? I just wish to hear if anyone sees any patterns in the whole narrative, maybe you could see some big dots I failed to connect. [link] [comments]  |
| Posted: 24 May 2020 10:16 AM PDT I am a non-technical founder in my startup, building a social media web app with technical friends based on a niche idea. As me nor my friends have no startup experience, we want to test out our social network idea with few people( less than 40 users initially) and then grow from there if people like the idea. Searching online gives a lot of free/cheap hosting options but not clear which one to pick for my web app. As budget is very limited, I would love if any person experienced in web app could give advice on hosting options for beta testing and beyond in case it grows over months. Thanks for your time. :-) [link] [comments]  |
| Is it possible to send a proposal to large retailers? Posted: 24 May 2020 03:03 PM PDT I have a concept that I need proof of concept for. This requires getting a large business on board to try it. The idea will either flop or hit it big and I am not protected with a provisional patent. What I am looking for is mostly interest. Hell if they steal the idea I'll move to the next. If they don't like it I need to move on to find a better differentiator. I guess the full question is are there cases where a proposal sent may provide feedback at all? Or is it pointless/worthless? [link] [comments]  |
| Wanting to move on a startup idea with no coding, web design, or programming knowledge. Posted: 24 May 2020 09:35 AM PDT Not sure if this is in the right place. Like most of the people in the world I have an idea. It's web/app based and I have no knowledge how to do any of the tech stuff at all. I have a decent business background. I'm curious if anyone has any thoughts on this. I don't want to just give up on the idea because of a tech barrier. [link] [comments]  |
| Best software tools for website based startup Posted: 24 May 2020 03:30 AM PDT As some background of who/what we are to get relevant advice. We are UK based startup running an ecommerce website making certain custom products (house furnishings), with clients across US and Europe (mostly US). We fulfil them through a production office in India and dropship product back to customers directly from there across the world. Looking for ideas on best software tools or suites available where we take a forward view to Any other productivity tools used at this stage or investments we should be thinking to grow and manager faster would be appreciated. Happy to provide details / answer questions where needed. [link] [comments]  |
| How do you choose a name for your startup? Can you help me with mine? Posted: 24 May 2020 06:59 AM PDT Hello, After running a small service of entry forms for vintage rallies for the latest 3 years, I'm building a business around this service. I've built a backend so organizators can setup it's rallies, etc. But I have a big problem: I don't know how to name this service/product. Can you give me some hints, tips, etc about how to choose a good name? Keep in mind that this is a 100% internet based service, initially will be only available in Spanish (bit I'll translate it to English as soon as possible). Thank you! :) [link] [comments]  |
| Posted: 24 May 2020 02:33 AM PDT I've been working on customer and concept development for a few weeks now and I'd like to build an MVP, it should take about a month. My brother is a serial entrepreneur who has given me advice along the way. He said I should be looking for a python developer and some reasons why. I've had a few calls with potential co founders and not had any good ones, until yesterday. We clicked really well and he shares a passion for the problem I'm solving. It was a great chat and afterwards he followed up with an email summarising the chat, lots of detailed notes on the technical considerations, he even made a very crude MVP. I was really impressed. The only problem is that he builds in C# and my brother doesn't think I should build in this, he feels quite strongly about it. My question is... should this be a deal breaker or not? If the partnership is excellent, or at least seems it could be. [link] [comments]  |
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