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    Sunday, October 25, 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: 24 Oct 2020 06:05 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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    The best startup idea came from founders being interested in a specific field and saw something missing. How do I solve a problem if I’m not interested in any field?

    Posted: 24 Oct 2020 07:15 PM PDT

    My only interests are building startups. I'm not interested in sports, video games, instruments. All I do is go to the gym casually and work on startup ideas. So how do I find problems that everyone else is missing if I have nothing I'm particularly knowledgeable about?

    submitted by /u/LavonnaTeti
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    About to launch SaaS biz. What am I missing?

    Posted: 24 Oct 2020 12:01 PM PDT

    About to launch my B2B SaaS business first product (MVP). Got CRM and Automation. Got sales guy. Got website. Got accounting software. Got payment processing application. Got the first version of my product. Got hosting. I know I'm forgetting some stuff.

    What am I missing?

    submitted by /u/StillDreTZ
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    The 10 minute No-Nonsense guide on building the perfect Landing Page

    Posted: 24 Oct 2020 08:47 PM PDT

    Original article here: https://medium.com/@btahir/the-10-minute-no-nonsense-guide-on-building-the-perfect-landing-page-bfb34a5f6006

    The Landing Page is like the chocolate flavor of online projects. Sooner or later you're gonna need it. While you probably shouldn't spend months building it out, it is an important piece of the puzzle and you should make sure it is optimized for your goal (subscriptions, sales etc).

    I decided to make a quick guide on what goes into making an optimized landing page. By the end of this article you will have a good high level idea of what pieces you need to incorporate in your landing page.

    The easiest way to approach the Landing Page is to break it into small digestible components (you might literally want to do that if you're coding in React haha).

    The Hero Section

    The first thing your users will see when they land on your website is the Hero. This is the big headline + accompanying image you see on most landing pages. The objective of the Hero is to a) capture the attention of the user and b) explain what exactly your product or service does.

    You want to be succinct here. For example, Notion has a headline of All-in-one workplace. The sub heading further explains this: One tool for your whole team. Write, plan, and get organized. In a few words you have an idea of what they are about.

    You also will typically have a Call-To-Action button or buttons next to your headline so users can immediately convert. This can be signing up or subscribing for your product.

    Social Proof

    You often see some social proof supplementing your hero. This can come later on in the form of customer reviews/testimonials as well (talked about later) so it can be considered optional but if you have companies already using your product this is a good place to add their logos to signal trustworthiness.

    The How-It-Works Section

    The how it works section quickly gives a brief overview of how your product achieves what it claims in the Hero. Again — you want to keep this short and simple. You can have a more detailed how to guide in other sections of your website.

    It's very common to show this in terms of Steps with some visuals. For example, Ubers would be Step 1) Request Ride on app, Step 2) Get in car and Step 3) Get off at your destination.

    The Benefits Section

    This is probably the biggest section in terms of space. You usually see the classic side by side layout of description-image, image-description (on desktop). The objective is to hammer home the benefits of your product. Note: this is different from the how it works section. You should focus on the pain you are solving and the value you bring to the customer.

    A standard way to go about it is to talk about a pain in the first part (Are you tired of waiting for a cab?) and then hit them with the value of your product (now you can request a ride in a matter of minutes using your smartphone). The images are a good way to supplement the emotion of the benefit (sad, frustrated, happy, winning etc).

    Features

    Depending on your product you might not need a features section if you feel the how it works + benefits sections have gotten your points across. But it is a good way to highlight product attributes.

    It's also a good way to highlight supplementary product features and get in the obligatory buzzwords (supercharge your workflow, multi-disciplinary, fancy company integration etc).

    Customer Testimonials

    Alright — you're on the home stretch now. You've gotten your points across about why your product is awesome. Now you just need to tackle that last nagging doubt that customers will have. Basically — the question boils down to, 'How can I trust you?' And the best way to answer that is by showing existing customer testimonials that can vouch for you/your product.

    The Final Call-To-Action

    Congratulations! You've done all you can. From catching their attention, to delivering your message, to removing any doubts about your product. Now all that is left is to once again ask them to buy/subscribe/whatever action you want them to take. This can be as simple as showing them a button or email capture form.

    Other Things

    Order

    You don't necessarily have to follow this order I have laid out. A lot of times features are shown before benefits or testimonials are positioned more towards the top. It really depends on your messaging. My advice is to test out different variations and see what feels more natural.

    Header & Footer

    I didn't include these as part of the landing page because they are usually part of every page of your website and there is nothing inherently landing page related about them. You can play around with them, especially the header, to add to the visual aesthetic of your landing page. The footer is mostly reserved for links to other pages/resources etc.

    And that's it! By following these steps you have crafted a time tested funnel that will hopefully lead to more conversions whether that be sales or subscriptions or something else.

    Want a done for you Landing Page?

    Maybe you don't want to go through the hassle of creating all these different pieces. I built a set of React + TailwindCSS Landing Page Templates based on these principles so people can kickstart their projects and focus on their products and messaging rather than the tedious parts of setting everything up.

    If you are interested you can check those out here: https://reacttails.netlify.app/templates

    submitted by /u/alvisanovari
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    Which is more important in a co-founder? Having the skills or having the same vision?

    Posted: 25 Oct 2020 02:13 AM PDT

    Which is more important in a co-founder? Having the skills or having the same vision?

    Not really sure how else to expand how this topic, I posted this before but it got removed because it didn't have enough characters. But just want some general input, having someone who has the same vision as you would probably last a long time in the company, whereas someone who has the skills may just want to keep their eyes on the stock options and profiting after exiting the company.

    submitted by /u/Bat_Programmatically
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    What are the logistics involved (operation, tax, etc.) of having an software service company and operating in states other than the one you are filed in?

    Posted: 24 Oct 2020 04:31 AM PDT

    I'm in the process of getting setup for an app and currently live in Texas. I want to file my business in the cheapest tax state to file, Texas, or New York (where I also live). This has me thinking though, if I am operating an app nationwide, do I have to file for a business license in every state which the app is live?

    And more so, how do Texas and New York fare as far as licensing, taxes, etc.,? I know different states (Nevada, Delaware) have policies that are much more lenient and favorable to small businesses, but how do New York and Texas fare?

    Also, the lawyer I've talked to quoted my at $2k to accomplish everything pertaining to filing and business license acquisition; is this a fair price?

    submitted by /u/b7d
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    Guilt about leaving. Did I do it the wrong way? How can I ensure a smooth transition?

    Posted: 24 Oct 2020 03:05 PM PDT

    TLDR: lost alignment with the founder/CEO and so accepted another job offer. But I'm a key player in the organization and the CEO was blindsided. Should I have done things differently? How can I have the best transition possible.

    3 years ago I left my corporate job and moved to a CPG startup in another country as the director of finance (first finance hire). I was totally committed to the mission, the founder, and the direction of the company. The founder/CEO always treated me as a partner and I think felt like he had found a kindred spirit.

    However, this company is not a traditional startup in that it was bootstrapped and entirely family owned by the founder, the head of sales (his brother), and his father and other brother, both of whom never worked in the company. I was verbally promised a 2.5% equity stake, but making it official was never a priority for the CEO. Also given that there was no official ESOP we never discussed vesting timelines, etc.

    Fast forward a year and a half and things are looking much less rosy. It turns out the CEO is a micromanager. He and the other director level people spend about 90% of their time on execution and running a very operationally demanding business and about 10% on strategy and growth. This is the same for me. I am killing myself, working 60-80 weeks and dealing with all kinds of team crises and mundane tasks, and company growth is sluggish. We are seriously behind on making what I think are key hires. For example, we are a CPG company without a single person dedicated to marketing. The culture is extremely paternalistic. I start to question if this is worth it.

    The relationship with the CEO also starts fraying because in all honesty I made some mistakes in team management and operational issues. I go through the worst six months of my life but at the end of it get the team on track and leave things much, much stronger than they ever were before. However I feel like the relationship with the CEO was never the same.

    Then covid hits and I'm trying to keep everyone above water. It is clear that no matter how much I like or dislike my job, Ieaving would be irresponsible and could even jeopardize the health of the company and my team. I play a key role in keeping the company on track and cash in the bank, and my value to the company was never more visible.

    things stabilized and then I start knocking on doors to see what is out there. I get a great offer in a different industry. The position is not as senior but is really aligned to my skill set. The pay is significantly better, I get stock options, and the team seems like true A-players that I can learn a lot from. This new company also has way, way higher potential for growth. Even though it was an emotionally difficult decision, it is clear to me that the best thing for me is to take the new job

    Here's where I might have messed up.

    I think my boss was totally blindsided when I told him that I had decided to accept this other offer. I did not leave open the possibility of a counter offer because in my mind he can't offer what this other company can (a-player team, high growth potential, more visionary C Suite) even if he could match the economic component. I told him I would give him one month for the transition.

    He told me he was disappointed, that he thought we had a more transparent relationship, and that the timing is really bad and that a month is not enough. He took it VERY personally.

    So my questions are: should I have come to him sooner given my importance to the company? Is it still possible to leave on good terms? How can I minimize the pain of transition when there is no internally available replacement?

    submitted by /u/bestbirdy
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    Tech startups: How to boost social media? (Industry: Optimization of Information processing)

    Posted: 24 Oct 2020 02:25 PM PDT

    Hello, I would like to hear stories and strategies of other redditors who are tech enterpreneurs and/or work in optimization or automation of information processing (To reduce the time, effort or risk, for clients, in tasks related to researching, documentation, reporting, information extraction/processing) and succesfully boosted their social media, specially Instagram.

    I hope you are willing to share them, it would be great and we all could learn a lot!

    submitted by /u/NoOneNowhereCol
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    react native web vs react native + react?

    Posted: 24 Oct 2020 05:44 PM PDT

    hi, I'm starting a small business my self alone and I need website and mobile app for it. I have a little experience in web development with old technologies like JSP. so I'm going to learn some new ones like react native for faster and more efficient development.

    it will be a simple small community app for our future customers and the web and mobile app will be almost identical so that actually mobile app alone seem enough but for more accessibility I want a web app too. and since I'm doing all that my self alone I want maximum recyclability of my codes to minimize the time spent for development and avoid having to learn many different new technologies.

    I heard that there's a thing called react native web and that seems perfect for my situation. but on the other hand, since it's not mature enough I might better go for react native for mobile app and and react for web app. I want to hear your opinions. thank you very much for reading.

    submitted by /u/rdpGuy
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    Landing Pages for Validating Product-Market Fit

    Posted: 24 Oct 2020 03:23 PM PDT

    I'm looking to hear about your experience using landing pages -- specifically for validating product-market fit.

    Have you used this method? Why/why not?

    What was the experience like if you have?

    In general, what are your thoughts about the method's utility?

    submitted by /u/hobbyistresearcher
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    How do I conclude that an idea has received enough validation?

    Posted: 24 Oct 2020 10:55 AM PDT

    I'm looking to start an elearning platform where I'd want to launch courses that are relevant to my field (Data Science) and because I know what's expected in my industry, I can make these better suited, but I'm not able to conclude if the efforts will be worthwhile.

    I have some experience in doing product validation and have a history of failed projects, so this time I had set up a landing page without any actual course content, just like one of launching soon pages, have got 40 signups in 2 weeks.

    The problem here is I don't know what is a good number that I should judge on. Given my past experience, I'm not sure if I'd want to put myself through the painful efforts of working besides my job and burning myself. I've learned the lessons of validation but don't want to learn it everytime lol!

    I just want to learn how to better judge a product's future in real life. Also, since elearning has enough competition already, it doubts me further.

    So I'm looking for views from e-learning experts and or product validation experts.

    submitted by /u/mrnerdy59
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    Custom printed packaging

    Posted: 24 Oct 2020 11:41 AM PDT

    There are so many custom packaging businesses out there but I just can't find one fitting my needs:

    • Custom packaging dimensions

    • Custom print

    • Eco-friendly

    • Low minimum order

    • Europe-based

    • Packaging out of corrugated cardboard (shipping box)

    Do you know of a provider meeting all of this? Or is there a good alternative to cardboard shipping boxes?

    submitted by /u/Thermodurans
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    Just found out I have to lay someone off for the first time.... help

    Posted: 24 Oct 2020 09:36 AM PDT

    Our startup is struggling a bit and making some personnel and operational cost-cutting measures to try and extend our runway. We also have a few potential partnerships on the horizon, so I think overall they are just trimming some fat and trying to look good.

    I am going to have to lay one of my employees off in the next few weeks. I have been a manager about 6 months, 2.5 years total with the company. He's been with us for 5 months. He is closing on a house next week. His wife lost her job due to covid. They have 2 small kids. My human side is absolutely heartbroken for them right now and I'm finding it hard to even talk to him at the moment. Is there ever a good time to give someone a heads up about an impending layoff, or do I just need to suck it up and hope we give him some severance and unemployment kicks in soon?

    This is why I never wanted to be a people-manager.... :|

    submitted by /u/kaps84
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    How do you ensure that the customer segment actually exists?

    Posted: 24 Oct 2020 10:06 AM PDT

    In the BMC(Business model canvas), I am supposed to write the customer segment (target audience) with their demographic, sociographic data. Ok, I have written this but now How will I actually test that this audience even exists in real life and around How many of them are wanting my service or product?

    submitted by /u/hp7017
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    Sunday’s Success Stories - Celebrate Your Successes From the Past Week: Anything goes, none too small!

    Posted: 24 Oct 2020 06:05 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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    How common is it to doubt your dream

    Posted: 24 Oct 2020 09:18 AM PDT

    I started working on my start-up around july, recruited 5 freelancers and started working on an MVP. Everyday was filled with new insights and new milestones being made. The vision seemed so real you could almost touch it. We had some interest for prelaunch and a connection that will line us up with investors. Then the money ran out.

    One week left in order to finish a working beta, but one of the freelancer's pay was overdue. Of course they won't work for free.

    Now all of our progress and momentum has come to an abrupt halt. I was so close to seeing a materialization of my vision, but i miss-managed or overvalued how much capital i had on hand.

    The dream is still alive, but that abrupt stop in our momentum has started planting seeds of doubt. Was it really such a good idea...why am I spending so much time on it?

    In all this turmoil, I still want to see this vision out, it's all about rebuilding and picking up from where I left off and not letting those mistakes happen again.

    To summarize, how common does doubt set in on an entrepreneur's journey?

    submitted by /u/chesterbryce
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    Product idea, please help!

    Posted: 24 Oct 2020 08:55 AM PDT

    Hey guys, I have an idea for a product. It's really the re-application if another product. If I wanted to take a device already manufactured by someone else, build it into something else, and use it in another way, what hurdles am I up against when it comes to approving a design?

    I've had several product ideas that were "from scratch" so to speak, but I've never looked into something that uses someone else's product.

    What does the approval process look like? How do you license a product of your own when it uses a product someone else produces?

    Any input would be great, thanks all!

    submitted by /u/ThrawnsITguy
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    Starting business of eco friendly bags business like cotton, jute/burlap bags.

    Posted: 24 Oct 2020 03:58 AM PDT

    Hey as my title say I starting bags business of eco friendly bags. I have seen many sell on b2b model. I was wondering how come there is low B2C model in this space. I am starting B2C first and I will ship globally. Any suggestions about the product and B2C model.

    submitted by /u/19Brucewayne
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