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
- Should I give up?
- How Do I Find My First Customers?
- How to pitch an idea without much experience/knowledge?
- How to sell an idea?
- Seed Funding or Soft-Loan?
- How do you deal to meet the first customers to understand the real problem before you make your B2B Saas product? (Especially in a Startup with Tech-guys-with-very-low-marketing-sales-skills)
- What should a financial model contain?
- Desi developers ecstatic as latest round of ban on Chinese apps open up more business opportunities
- App & Platform that integrates to specific hardware: How to structure the sale of it?
- Where to find funding/ good developer that wont steal your idea or try to be your partner?
- What do VCs and investors look for in the financial projection for pre revenue companies?
- G Suite / O365 with a twist
- What are the most popular 'Pre-Seed' VC funds / Angels for StartUps related to Gaming (Esports) and Social Networks?
- I don't feel good about partnering up with this person. Thoughts?
- beta service for consumer-facing platform
- Advice for dealing with startup frustration?
- NPS Software that works well with Zendesk?
- Picking the right Technical Executive solution, moving from demo to MVP
- Financing Yourself
- How to time a launch with the upcoming US elections
- Are there still opportunities to create world changing companies with just a bachelors degree?
| Wednesday Social Club - Share What Events You Are Attending This Coming Week Posted: 02 Sep 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: 02 Sep 2020 12:55 PM PDT I have a tiny (3 people) software dev company. I have had it for 20+ years now, so it's sort of always been in "startup" mode, but I've just had to accept that I can't make it grow. I don't have any business sense, or leadership skills, but i want it to grow and take off so that the others can still have a job going forward. I know I need biz-dev skills, but the company is broke. Should I just throw in the towel, or keep trying? How do you know when it's a lost cause? Thanks in advance. [UPDATE] I'm really overwhelmed. I just joined this group, posted something, and have been swamped by responses and DMs. Thank you all for your valuable insight and advice. I really appreciate it. Having talked with many here, as well as friends and family .... I have decided *not* to give today. I may give up next week -- but not today. Thanks again everyone. [link] [comments]  |
| How Do I Find My First Customers? Posted: 03 Sep 2020 01:49 AM PDT Hi r/startups, I've just launched a SAAS platform for ecommerce and digital advertising - automation without full black box campaign management or "AI" led decisions. My question is how do I go about getting people into my platform so I can get feedback/new ideas of things to add? I'm a one man band and am much more comfortable on the technical side than sales etc. I'm happy to offer a couple of months trial - but am lacking the confidence to do stuff like cold messages on LinkedIn (All I see from my connections is moaning about people selling on there) Any tips of how I should reach potential customers? Thanks! [link] [comments]  |
| How to pitch an idea without much experience/knowledge? Posted: 02 Sep 2020 10:46 PM PDT One of my friends recently put me in contact with someone he knows that is a software engineer, and were going to meet together soon hopefully as he wants a partner to create something with. I'm super excited to talk with him, but the only issue is that I'm very inexperienced in anything that involves creating or running a business (im 17). I have a lot of ideas that I'd love to talk with him about, and I really want to get into creating something, but I feel that even if I have something good, he won't bother with me due to lack of experience or knowledge. Is there anything I could do/offer to make up for my inexperience, or should I not even bother meeting in the first place? [link] [comments]  |
| Posted: 03 Sep 2020 02:06 AM PDT If I have an idea that cannot be patented because I haven't really created the technology but I think the concept is worth it - is that something I can take to a company and sell? If so - how? Just as an example, before Uber implemented the idea of ride sharing and created the app interface, it was just an idea. How would someone go about selling the idea since there is no way to protect it like you can for an invention ? [link] [comments]  |
| Posted: 03 Sep 2020 01:18 AM PDT Hi, I developed the entire platform - app, server, website, data collection/cleaning. Now the thing is, I started with around $5000 in my pocket. I'm down to my last $1200. I live in India - so this money lasts much longer. I have salaries worth $300 every month to pay. I'm guessing the marketing barrage will take at least $400. Living expenses are rarely above $250. But essentially, I'm down to the last 2 months of what my little bit of saved capital got me. It will take certain scale, like 10 orders a day to justify the salaries we are paying. If we reach that point, I don't have to worry about salaries anymore - if we reach 20 orders a day. I don't have to worry about my living expenses. Then it is just scale/market - scale/market. I have a soft-loan offer from friends and family for $20,000. Should I try and go for seed funding? Or do you think it would be better to grow the business and take the soft-loan? [link] [comments]  |
| Posted: 02 Sep 2020 08:12 AM PDT To understand the pain and problems of the startup, I think we need to meet the customers in the early stages of the development. But How? especially you are developing a B2B Saas product and most of the teammates are tech guys. The customer can be a corporate company and the responsible person is a completely strange guy. How do you deal with this? How can you approach them? Any experience or tips? [link] [comments]  |
| What should a financial model contain? Posted: 02 Sep 2020 04:01 PM PDT I am working on building out a proper financial model as part of a pricing overhaul. I am currently looking at my static costs (Jira, Confluence, Pager Duty, GSuite etc) as well as my more dynamic ones like my AWS bill - split out into per service and per unit of billing including all varriations. I am curious to see what others have included in their financial modeling as I'm sure mine is lacking. My business is a B2B SaaS which currently has little expenses outside AWS and other software related bills. [link] [comments]  |
| Desi developers ecstatic as latest round of ban on Chinese apps open up more business opportunities Posted: 03 Sep 2020 02:55 AM PDT |
| App & Platform that integrates to specific hardware: How to structure the sale of it? Posted: 03 Sep 2020 02:18 AM PDT Hello! I don't want to delve into details too much, but pretty much this is a summary of the situation: We created a mobile app that handles interaction with certain hardware, this type of hardware is being used by specific companies (and as its being produced by a large company more companies will start use it) The app handles payment transactions, user management, analytical data of users, ability to market to users, etc. Right now we are scheduling meetings left and right with companies who might want to start using this, but I am unsure how we can make money from this the right way. The options we see are: - Cut of transaction - Licensing (ie charge per machines connected to the app) - White labeling of the app - Sell access to data - Sell marketing space in-app - Some form of a combination of above The market is somewhat small now, but we believe it's going to grow quite drastically and our solution has the potential to grow with it, so a potential low price would make sense to catch the market. Is there any good material on how to structure deals like this? Any insight from others how you have done it? [link] [comments]  |
| Where to find funding/ good developer that wont steal your idea or try to be your partner? Posted: 03 Sep 2020 12:22 AM PDT So i have an idea and project scope detailed enough to cover almost all aspects of the business. Every developer i tried to contact, either asking too much money or try to become a partner. The last developer i found left it unfinished and I can't reach him. I am really disappointed to have these issues for a project I truely believe in. I know everyone's project is said to be millions yet at least its something I will devote my time and energy till it will reach a point even not in millions. This is why I dont want to stop after so many research and works done already. Thanks for sharing your advices in advance. [link] [comments]  |
| What do VCs and investors look for in the financial projection for pre revenue companies? Posted: 02 Sep 2020 10:32 PM PDT I am currently creating our financial projections for the next four years which our interested VCs and Investors have requested. We're a pre revenue company and are curious as to what numbers or figures that they will be closely looking at. I know a lot of our assumptions could be off, and I'm aware they will be aware of that as well. However, is there anything specific that they will be keeping an eye out for? [link] [comments]  |
| Posted: 02 Sep 2020 03:41 PM PDT I am this has been asked before. But I want to ask with a slight twist. When building your start up did you decide to go for G Suite or O365 and why did you choose one or the other. After picking your desired system. How have you found it in your workflow and do you use the native apps gmail / outlook etc Or are you using 3rd party ones? How have you found your chosen system to work as you have scaled? [link] [comments]  |
| Posted: 02 Sep 2020 03:58 AM PDT What are the most popular 'Pre-Seed' VC funds / Angels for StartUps related to Gaming (Esports) and Social Networks? I am scouting for those at Google, but also I wanted to ask you and if you had experience with some, please share in comments!
Thanks :) [link] [comments]  |
| I don't feel good about partnering up with this person. Thoughts? Posted: 02 Sep 2020 11:09 AM PDT This person wants to partner up with me but he told me he's suffering from depression and his lack of enthusiasm really shows. He has a negative outlook on things, not necessarily with the startup, but just with things in general. On the flip side, he's done a lot of professional work and has quality work. When it comes to this I know I can depend on him. I feel like it'd just really kill the mood to work with a Debbie Downer. Should I partner up with this person or not? [link] [comments]  |
| beta service for consumer-facing platform Posted: 02 Sep 2020 04:36 PM PDT my startup provides health education resources and planning services (insurance 101, medical jargon explanations, etc.) to consumers via a mobile app. we're planning to launch a beta website to test customer acquisition as the app isn't developed yet. what are some beta services we can offer that 1) add value to consumers 2) can be measured using a KPI and 3) can be launched in the next week or so? example beta: providing phone consultations for advice on selecting health insurance [link] [comments]  |
| Advice for dealing with startup frustration? Posted: 02 Sep 2020 12:03 PM PDT I currently work for a tech startup, which, as is standard for a startup, has limited dev resources. Right now there are so many issues with our current products and a lot of awful manual processes that result in poor customer experiences and increasing already negative margins. There are countless things I know would help improve our situation and lessen the increasing amount of money we're bleeding out with the current state of things. The big catch: these improvements would require some amount of dev work which pretty much means any hope of implementing the solution is dead on arrival. Any time you mention the "d" word, you risk getting tarred and feathered. I know our resources are limited (it's a startup, after all), but I've tried so incredibly hard to make folks in the organization understand how much we could save in operational costs (yes, I've done the research and provided data) in the long run if we just put some resources toward doing the dev work for improving existing products, but it just never goes anywhere. The organization as a whole only prioritizes the "next big thing." It's like endless MVPs without a solidified, profitable product. I know part of being a startup is seeing what sticks, but most of the time it feels like we're not even waiting to see if something sticks. Is this something I need to just stop worrying about and if the company goes belly up because of it, so be it? Honestly, there are so many days where I want to throw my hands up in the air. Any advice would be appreciated. [link] [comments]  |
| NPS Software that works well with Zendesk? Posted: 02 Sep 2020 02:17 PM PDT Hi! I manage customer support for my start-up and am looking to find some good and (ideally low cost) options for NPS software to incorporate with Zendesk. I know Zendesk already has one but I'm trying to figure out if I should go with that or something else? Any recommendations on what you use and what you like/don't like would be really helpful and appreciated! Thanks! [link] [comments]  |
| Picking the right Technical Executive solution, moving from demo to MVP Posted: 02 Sep 2020 02:08 PM PDT Hey, I had a successful demo launch with a little piece of shit app i put together, but it got really good feedback locally (physically) and in my local subreddits. But now I have a lot of clients that want a complete app - asap. So I need to accelerate my MVP development. I'm going to invest some cash and divest myself from leading development (I have two junior devs working for me now). I am not technically inclined and I should not be doing things at the business that I am bad at. TLDR I need a short term solution, taking the next step to MVP. I would also like a medium-term solution - a VP of engineering/CTO, at least for the next 6-12 months. I'm not praying to find my long-term CTO tomorrow, but it would be nice. Candidates
I'm obviously confused here, and a little out of my league. I've had introductory calls with all these folks, and have explained that I'd like to start with a very short and strict engagement from a scope to build out the basic next step, and we can discuss longer term contracting or retaining after that. Edit: The app is a local marketplace app that turns a neighborhood into an ecommerce department store by aggregating and indexing inventories.. ELI5: One app big list all local store/service inventory works like amazon [link] [comments]  |
| Posted: 02 Sep 2020 01:45 PM PDT So I've decided that after college, instead of working at a 150k job, I want to play with the industry and start my own startup. I have a pretty technical background, and I have experience with startups, but I do have a question How do y'all make enough to eat with your startups? Is it all VC money that you pay yourselves with? Also am I really screwed if the startup doesn't succeed? [link] [comments]  |
| How to time a launch with the upcoming US elections Posted: 02 Sep 2020 05:57 AM PDT I am getting close to launching my new online business and I'm trying to figure out when makes the most sense to launch given the upcoming elections and the uncertainty of what might happen. The startup is in the US and is based around livestreaming (but with a twist, and primarily aimed at providing work for musicians and other performers who can't get gigs due to Covid). The launch will feature over 70 (paid) musicians (and if I'm lucky, a couple of celebrities), who I need to schedule at least a month in advance. I hope to be ready to launch in November (which means I would need to start scheduling in October), but I'm wondering if it would be wise to go live in the middle of what might be an unstable political environment, or if I should wait to see what happens and plan for a late January/early February launch. Any opinions welcomed! Thanks. [link] [comments]  |
| Are there still opportunities to create world changing companies with just a bachelors degree? Posted: 02 Sep 2020 08:39 AM PDT It seems nowadays all the innovations are in deep tech. However, to innovate in these industries (for ex. Biotech), usually you need more education, such as a masters and/or PhD. Or somehow get this extensive domain experience somewhere else. Peter Thiel talked about innovation being more in deep tech now, but where does that leave some like a Steve Jobs (drop-out), a Brian Chesky, or a Travis Kalanick? I understand entrepreneurship is about solving problems, but I do aspire to create something great even though the statistical chances are not in my favour. It worries me, to be honest. Was I born in the wrong and wish I was born in the 80's/90's/2000's when all of the innovations we see now were just starting? Should I have gone into biotech or get some PhD so I could create a more impactful company or something? It just seems that the likes of Apple, AirBnB, Uber, Facebook, etc, all companies started by founders with simple college degrees or drop-outs (computer science, etc), tech has become saturated and there aren't as many problems to solve for the ordinary person. That's basically my perception, which may be quite skewed. I'd appreciate some feedback on this. Thanks [link] [comments]  |
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