Startups Wednesday Social Club - Share What Events You Are Attending This Coming Week |
- Wednesday Social Club - Share What Events You Are Attending This Coming Week
- {Seeking Advice} We became a FULLY remote team a week ago. Any remote peeps here?? Looking for absolute must-have software tools. Please help��
- For some of you who use personal / virtual assistants where did you find them and what did you do to make sure they were a good fit for you?
- What are the CEO's most important tools? (For managing the vision, tasks and team)
- How long does Social Selling take?
- Looking for users to test a no-code application that enables users to build an AI-based recommender system.
- How to organize startup ideas? Looking for a friend
- {Seeking Advice} A friend of mine and I are thinking of starting an online store together. He is in Canada, I am in the US. How would we go about this? Which country's taxes would we pay? What legal pitfalls could we run into?
- I did not realize how hard fundraising is?
- Marketer/Engineer at big tech company with a solution to a problem we face everyday - Now what?
- New Biz Pitches/Cold Emailing
- Should I send the product to a journalist for a review (pre-lunch)?
- Should I dissolve partnership with my business partner?
- Part 4/6 High Growth for Startups - people to let go, meetings not to have and greasing the cogs. 'Being ruthless with uncovering things that are blocking you and then dealing with them should feel like a caterpillar becoming a butterfly, not a butterfly's wings being torn off'.
- [Seeking Advice] Which domain name patterns to choose
- To be fully remote or not (early days)
- Advice for starting website without coding!
- Where do I put the app sign up screen?
- Expansion of Business
- I have 6 months to figure it all out
| Wednesday Social Club - Share What Events You Are Attending This Coming Week Posted: 12 Aug 2020 06:06 AM PDT Welcome to this week's Social Club thread.Share what events and meetups you are going to so we can discover new ways to be social together offline and help grow your local community. Focus on sharing events that are happening within the next 7 days of this date of this submission. Anything that falls outside of 10 days will be removed, no exceptions. No duplicate posts. If you happen to be attending an event that is already posted, leave a comment to inform the community that you will also be there. If you are hoping to organize something on your own, outside of an existing event, feel free to use this thread to rally some people together to meet up. Please use the following format to share an event: Event Name and URL: Location: Event Date: Event Time: Event Description: Event Cost: Discount Code: [if applicable] Please use the following format to organize people to meet up together: Location: Purpose of getting together: Suggested Places to meet up: You can also find more support using instant chat on the /r/startups discord. [link] [comments]  |
| Posted: 12 Aug 2020 12:15 PM PDT Hey guys! We're a team of 17 who recently decided to go fully remote. So far everyone seems to be loving the flexibility and convenience, however, as the founder and CEO of the company, I'm always worrying that things might become too "casual" and how that can affect overall performance. That led me down a rabbit hole of "best tools for remote teams " type articles, that has taken over the last couple of months. (wife wasn't too happy about this new "hobby/obsession")😅😅 So far this is what we're using for daily ops and comms. Would love to get your thoughts and recommendations! Jira - https://www.atlassian.com/software/jira
Scribe - https://cursive.io/scribe
Slack - https://slack.com/
Harvest - https://www.getharvest.com/
Uberconference https://www.uberconference.com/
Last Pass https://www.lastpass.com/
GSuite
*Goes without saying these are not affiliate links. Please send recommendations my way 😎 [link] [comments]  |
| Posted: 12 Aug 2020 06:40 PM PDT I've always believed I could save 10+ hours a week by just getting a virtual assistant. What I'm afraid of is getting someone who would need to be handed task after task and managed - defeating the purpose of an assistant. My boss at my first startup had a VA and they seemed like a perfect fit. I'm wondering if anyone utilized one and how you make it work? [link] [comments]  |
| What are the CEO's most important tools? (For managing the vision, tasks and team) Posted: 13 Aug 2020 02:19 AM PDT So I'm running a (very) early-stage startup. There are 3 of us involved and we have just launched our second MVP. We have most of the key information relating to the project within u/Notion which does a good job at showcasing product vision, goals etc. My question is are there any other tools that (primarily the CEO's out there) you would recommend to articulate and then manage the product vision amongst the team? (Particularly the wider team such as advisors, devs etc.) As always, thanks for your time! M [link] [comments]  |
| How long does Social Selling take? Posted: 13 Aug 2020 03:05 AM PDT So, im connecting with the right persons on linkedin and posting content. But still it isn't like im selling something or even get in real touch with them. How long do ypu think the process from the contact request to the sold product takes? Its about smaller businesses and im connecting often times with the managing director [link] [comments]  |
| Posted: 13 Aug 2020 02:56 AM PDT 3 months back I had reached out in this community to discover people for user interview for caboom. And, today we have launched the first MVP of the product, thanks to your feedback. :) Caboom.ai is a no-code application that helps you build a recommendation system POC in minutes without writing a single line of code. Yet again, I am looking for people who would like to test the application. Interested ones please, sign up for early access to test out Caboom. If you know someone who would be interested, share the platform with them. Feedback and suggestions are welcome. [link] [comments]  |
| How to organize startup ideas? Looking for a friend Posted: 13 Aug 2020 01:58 AM PDT When having an idea for a product or vision for a startup, I'm wondering what people use to organize their ideas into something concrete. I've read a lot about people just "going with the flow" or working around issues as they come up, but does anyone physically organize their ideas into a document, PowerPoint etc.? Not sure if I'm over thinking it or not and would like to see if anyone else uses any specific platforms or mediums to physically illustrate their ideas before moving foward. Thanks in advance! [link] [comments]  |
| Posted: 12 Aug 2020 06:39 PM PDT A friend of mine and I are thinking of starting an online store together. He is in Canada, I am in the US. How would we go about this? Which country's taxes would we pay? What legal pitfalls could we run into? What financial challenges? How much would it cost to LLC or Incorporate? Do we have to even think about this before getting started, or can we worry about it later? [link] [comments]  |
| I did not realize how hard fundraising is? Posted: 12 Aug 2020 07:40 PM PDT In short, we are creating a fintech startup and we can't really create an MVP without connecting to a bank which is contingent on raising funds. So how the heck should we get investors to invest $500,000 without a product? If anyone has started a fintech startup, please let me know what you did. [link] [comments]  |
| Marketer/Engineer at big tech company with a solution to a problem we face everyday - Now what? Posted: 12 Aug 2020 08:57 AM PDT Background: I am an engineer with a decade of marketing experience in high tech B2B software. Today, I manage the entire marketing process from strategy to implementation. What have I learned? That B2B companies have no idea what they're doing. Every month, it's the same call and same question: We delivered X amount of content last month. - Why are we only reaching 0.5% of our audience? - Why is our email open rate so outrageously low? - Why is our grand video which cost $15k to make only at 120 views, 100 of which are our employees? I work with dozens of tech customers everyday and I've asked 100s of them the same question: - What's stopping you from engaging with marketing content? Answer: There's too much content, too much noise. I wish someone would simplify it and give the power back to us. So there's a real problem and I think I have a solution. Really, my customers have said what's the solution. Now what? 1) I can learn to code (I'm an engineer) and build something but it'll take time. 2) I can outsource to build a prototype and test it out. 3) I can find someone with coding experience and sell the idea to them and see if they'd want to partner up. I bring my marketing experience and knowledge of the problem my teams and others face all through the industry. Is that worth much if I can't code? I know how much $$$ we throw away on software that doesn't really do anything other than vanity metrics. I know how much $$$ companies like us have for something that can solve this. I'm not a 'I too want to start a billion dollar startup' guy. I'm just a marketer facing a real problem everyday for which I think I have a solution. With my visa status, I can't even own/start a company. So not looking for a 'You write code and I get 90%' deal. Just want to be a part of building something that will change the status quo for B2B companies and solve this problem. Tell me I'm chasing a pipe dream. Tell me it's possible. Tell me to go back and think it through. Tell me what's the best way to do this. Tell me you've done this on a H1B visa. I'm here to listen. Thanks! [link] [comments]  |
| Posted: 12 Aug 2020 09:15 PM PDT Hello! So I am dabbling in entrepreneurship and starting my own agency in social media and influencer marketing. I plan to keep my full time agency job until I get more experience there and more experience working for myself. I was working on a business plan and have my Instagram set up and just came across a potential client. I hadn't wanted to bring on clients yet because I felt I wasn't ready but I decided to cold email her anyway to set up time to chat about her social media needs. If she responds - what do I do next? I've never participated in the actual strategy side of RFPs at my agency and I'm never apart of the the new biz pitch presentations. If we hop on the phone what are questions I should ask? What should next steps be? [link] [comments]  |
| Should I send the product to a journalist for a review (pre-lunch)? Posted: 12 Aug 2020 06:07 PM PDT Hello! it seems like it caught a journalist's attention after a wining a nation wide award. They emailed us to test the product before it hit the market. I am a startup virgin so I am not sure how to react to this.. I should be happy but also I am really terrified. What should I ask the journalist? Should I ask for a good review? What if they bash the product and publish it? [link] [comments]  |
| Should I dissolve partnership with my business partner? Posted: 12 Aug 2020 01:01 PM PDT I just partnered with a person few months ago. I'm not enjoying working with him. He just repeats the same thing that I told him and conveys it such that he's the one that came up with it. I'm the CEO (also designer and technical person) and he's the COO (hustler). We're in designing phase. His personality is making me feel like he's telling me things. It also feels like he's all talk. Uses lots of buzz words. But I need him in some areas in future. What should I do? Please advice. [link] [comments]  |
| Posted: 12 Aug 2020 07:11 AM PDT Go back and read the series if you fancy.Part 1 here Part 2 here Part 3 here Rate Limiting StepsDefinition Once you have your North Star Metric, the raison d'etre of your company, you can draw an accurate path that reaches this goal. For example, if your goal was 'A million website hits a day', you can draw a path from all the way there, plotting out what you need. In this process, you will find there are places along this path that are undeniably blocking you achieving your goal, those with the most blockage are the rate limiting steps, these require the most immediate attention and will deliver the best ROTI. Rate Limiting Conversations If I am tasked with helping the company grow, and I am in a meeting that doesn't result in that as an outcome, I will ask why I am here and why the meeting is taking place. I am an absolute stickler for wasted time. I like to be present as much as possible. Sometimes just sitting still in silence is good enough for me to realise that time isn't flying as fast as I think it is, if the meeting doesn't triple the advantages I receive from having 'me' time, I'm out. To request a meeting with more than 2 or 3 people who are all on the same path, in my opinion, tells me that this meeting is important. My expectations of the meeting delivering exceptional value are high. If they are not met within the first 5 minutes, the meeting can be pretty excusably abandoned. Example: A meeting pops in my diary 'Management Expectations'. It's pretty serious sounding, the 5 members of the SMT are also invited, the CTO is leading. Upon seating, the CTO says 'So, i've been thinking around the way we are reviewed by our teams, it seems ineffective and I think we should come up with...' Red flags to me - 'I've been thinking' means 'I have not come up with a workable solution, that's why you're here'. 'It seems ineffective' - 'I've been chastised by an employee/colleague and it's triggered me but it doesn't directly concern you'. 'I think we should come up with'. - 'I have neither spent the time trying to come up with or have failed to come up with...'. Result - 'Can I ask that we reconvene at a stage where you can show us the improved results you've seen from your own efforts.' Brutal, but hyper efficient. This is a very Elon Musk style of working but it's so necessary when it comes to streamlining. Rate Limiting Employees This is a pretty tough one to swallow, but having a clear goal makes some positions unjustifiable. There have been times where the defining of a clear goal has made it overwhelmingly apparent that there is perhaps $100k of employee salaries that cannot be justified. Example If you have a CPO who leads three product teams (one to create revenue features, one to maximise user growth and the other to clean and tweak the two creative teams) who is informed that her entire focus is now to generate revenue, you can expect a serious reshuffle. A team is now redundant, the other perhaps as well. The Rate Limiting Step here is her time. She splits it between managing 3 teams and reporting to the CEO, her effectiveness to deliver on the goal of generating revenue only takes up 33.3% of her time. Therefore, removing 33.3% or even more of her now non-vital work will ultimately benefit the company's goals. Rate Limiting Conversions In an immediately actionable format, cut the fluff surrounding your marketing efforts. There are so many unnecessarily indulgent marketing practices that persistently move the needle sideways, not forward. Brand marketing can be awesome, of course it can be. Cinematic standard display ads, long drawn out youtube infomercials, learn more campaigns; they all impose a feeling on the potential buyer that makes them want to buy your product.... but do the research, are they buying? If your North Star Metric is '1,000,000 products sold', then some quick analysis will allow you to see if your non-performance marketing efforts are worthwhile. If the pathway from ad to purchase is very clear and efficient in your performance channels, and all it requires is more spend at the front end to drive conversions, then this is the logical step - as unglamorous as it sounds. In line with this way of thinking, find the biggest drop off point along this path and tweak it. Is it people going from ad to the site? Site to the purchase page? Purchase page transaction? A couple of % points at the start can result in hundreds more purchases. Brand is very much the icing on the cake when it comes to startups, but rarely the cake itself. Rate Limiting Limits Though a little paradoxical to what I've just mentioned, be cautious not to over do it. Don't put a Lamborghini engine in a Nissan Micra, the Micra's doors will get ripped off, the brakes won't be able to take it and there will be a car crash. If you get rid of absolutely everything that isn't black or white, you'll be left with a husk of an organisation without any personality, and it will show. Being ruthless with uncovering things that are blocking you then dealing with them efficiently should feel like a caterpillar becoming a butterfly, not a butterfly's wing's being torn off. Quick, efficient, process driven work around achieving a specific goal, that can be explained to anyone, will rarely require over-explaining. If there are sudden bad culture fits once the path to success has been unblocked, you may have discovered further blockers. [link] [comments]  |
| [Seeking Advice] Which domain name patterns to choose Posted: 12 Aug 2020 02:26 PM PDT Should I go with .app domains for some a web app I am making or add a prefix/suffix to get a .com ? I am near the finalisation of my project let's call it {Something} {Something}.com is listed for resell at crazy price. (no existing website using the domain) {Something}.app is available {TrySomething}.com and some other suffix prefix ones are available as well. [link] [comments]  |
| To be fully remote or not (early days) Posted: 12 Aug 2020 01:00 PM PDT We're building a SaaS company- wanted to hear your perspective around culture being fully remote workforce. We're still in our 9-5s so open to fully remote or partially remote. Especially in the early days when collaboration is crucial. As people work from homes due to covid, it will pass and offices will return (to somewhat normality).. general discussion :-) Thanks! [link] [comments]  |
| Advice for starting website without coding! Posted: 12 Aug 2020 09:14 AM PDT Hi! I don't have a lot of experience with coding but am looking to start my own website to offer free tutoring. Does anyone have any advice on which site to use? I would also like to purchase my own domain name? Looking for something that is cheap and easy to use! I've heard of Wix, Weebly, Webnode, and godaddy, etc... Does anyone have any experience with those? Any advice is helpful!! [link] [comments]  |
| Where do I put the app sign up screen? Posted: 12 Aug 2020 06:24 AM PDT Hi all. I'm currently designing an app and I just wanted some opinions on the best place to put the sign up. The main bulk of the app are these personalization screens to get to a unique digital product they have designed themselves. Then they have the option to gift that to someone. I can't decide whether the sign up should be right after they've downloaded and opened the app. Or after they've created their digital product and go to send it to a friend or family. I read something about not asking users to do too much early on but the majority of the apps I download for research purposes seems to ask for sign ups on the first few screens. Thanks guys Luke [link] [comments]  |
| Posted: 12 Aug 2020 09:38 AM PDT It's astonishing to witness how majority of the firms remain centered in one country or their place of birth. Very few companies have been able to them and make themselves a global brand. This is more evident in European and Asian countries. What can the possible reasons for this and how can this situation be overcome? [link] [comments]  |
| I have 6 months to figure it all out Posted: 12 Aug 2020 08:29 AM PDT Hello all, My job In tech recruiting has gone really sour because of my terrible boss. I (25) was hoping to be at this job a few years and then had kinda floated the idea of starting a recruiting agency in a specialized sector of the tech industry I have a lot of personal connections on. But this job is making me really unhappy so I have decided I will take my 10% yearly bonus in January and just say screw it. Lets say I don't get that because covid whatever still saying screw it. At least the first while its just gonna be me. Hopefully later add some other recruiters on. (maybe in year 2+) I came up with a company name and an idea for a logo. I will pay someone to create. I feel pretty good about creating the website myself probably using square-space but I also have used wordpress in the past. I have access to what would be my large competitors rates through my connections and would plan on focusing on how I am small and personal vs large competitor and charge 20% less. My operating cost $200 a month but once I get more established 6 months in it will be more like $400-$600. The tools I use scale up in price depending on usage. If I add additional people those number would be per person. I will be working remotely so there are no travel costs or office costs. My salary is currently 65k a year so about $5400 a month. My partner has offered to help support me for the first while in combination with my bonus. He wont be giving me a salary but just making sure bills are being paid. It will take at-least 3 months to see any money coming. My goal for the first year would be 6 average sized contracts(6 jobs to fill) The tough part is my hands are very tied legally because I have a non-compete so I cannot officially start making a website or commission my logo until I am no longer at my job. But I am open to any suggestions. So I know obviously I gotta register my business. But what am I forgetting? Also if its important my qualifications 5 yrs recruiting experience and a masters degree. [link] [comments]  |
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