Startups Tuesday Operational Roundtable - A Forum to Ask About Legal, Accounting, Project Management, or How to Get Started |
- Tuesday Operational Roundtable - A Forum to Ask About Legal, Accounting, Project Management, or How to Get Started
- What platform do you recommend for a landing page for a startup?
- Which programming language to build a web app with dashboard
- So, my two co-founders are leaving our small (3 person) startup. 4 years in [advice/venting]
- How do I hire a person while bootstrapping?
- X Company has technology I want to implement into the application I am creating
- Hire a developer or bring on a technical co-founder?
- How to get people to your landing page?
- Which language for prototyping a Fintech/trading idea?
- Anyone manage to start businesses that have sizable startup costs in your 20s?
- Breaking down a broad concept
- Urgent Advice on Front End Development
- Would you recommend Gitter or Discord for use as a support channel?
- What are your absolute BEST "problem interview" questions (or general lines inquiry)?
- App sales strategy in Shopify App Store?
- Bank Account for Platform Marketplace?
- How to build a waitlist?
- Where do you find Front end designers for hire?
- Paying for Provisional Patent / Patent Search / or Straight to Utility Patent
- How oh How? Financial Fiasco
- Passion project vs market opportunity
| Posted: 08 Dec 2020 05:05 AM PST Welcome to this week's Operational Roundtable Thread. Ask about anything related to legal, accounting, project management, or how to get started. Don't be shy. The purpose of this is to learn and share ideas and methodologies with one another. Any question is a good question! If you are answering questions, remember to be kind and supportive. Many are just starting out and have no idea what they are doing. That's okay! We all knew nothing before we knew something. You can also find more support using instant chat on the /r/startups discord. [link] [comments]  |
| What platform do you recommend for a landing page for a startup? Posted: 08 Dec 2020 12:40 PM PST I am trying to launch just a link to a small landing page where I can explain my startup and leave a google doc to collect emails from people interested in getting involved. Anyone have any suggestions for free platforms? Looks like Squarespace and Webflow all charge money to publish the site. [link] [comments]  |
| Which programming language to build a web app with dashboard Posted: 08 Dec 2020 07:58 PM PST I have finished a few courses in Python (self-learning) and I have an idea for a web app. I would like to build a web app that will take some data feeds, I would like to present the data in a dashboard/widgets where users can customize what type of data they want to view in their portal. Can this be done purely in Python or should I learn another language? I played with Django a bit too if that helps. [link] [comments]  |
| So, my two co-founders are leaving our small (3 person) startup. 4 years in [advice/venting] Posted: 08 Dec 2020 03:08 AM PST Hey guys. I need some advise here. So we are three friends. We started a company in 2016 working on an idea for an app. We all have our full time jobs. so we were working on this app on the weekends. We all have equal equity in the company (1/3 of total shares for each). We did not talk or document an exit plan when we started the company. The progress was very slow. after four years, we finally got the app up on google play. we did a couple of ad campaigns and received 1200 downloads. only 5-8 returning users two months after stopping the ad campaigns. The other two co-founders got bored and no longer believe in the idea and decided to exit the company. They actually started another company and only told me after they started the other company and informed me that they wanted to exit our startup which pissed me off. I on the other hand still believe in our app idea and I think it really has great potential. However, it needs a lot more hard work to get the traction needed to raise money and bring in investors...etc. So I talked to the other two founders and told them I want to continue working on our startup and offered them %2.5 of total current shares for each of them upon their exit. Given that the startup is basically still at point zero. there is a proof of concept but no traction at all. no money. no investors. and no employees, and no revenue. We had a couple of heated conversations and they refused the %2.5 offer and asked for %10 each!!! After talking and talking they lowered their ask to %5 each. So they want to leave an idea they no longer believe in but still grab %5 of the startup because as they argued they helped build the first proof of concept. I am struggling to accept their argument given the company is still at point zero. Even though we have a working product/a proof of concept (an app) but we still have nothing else. No traction, no users, no money, no investors, no revenue. I have to build all of that myself alone after they leave the startup and they still want to retain %5 of the shares each. I myself believe that my offer of %2.5 for each is at the upper limit of reasonable. It should even be lower. I am not sure how founders usually deal with such situations. How do you value a proof of concept that has not yet got traction or returned any revenue? What do you all think? are my co-founder reasonable in their ask to retain %5 of the total shares upon their exit? What is a reasonable % of shares they should get upon their exit? Thank you all. [link] [comments]  |
| How do I hire a person while bootstrapping? Posted: 08 Dec 2020 03:52 PM PST With limited immediate $/perk resources, what are the best options you've found to attract your first hire? Terms, platforms, methods, etc. Once you have decided on your person, what has really worked for you for onboarding, etc.? Any big lessons learned? Have a first hire story to strike fear in the hearts of a founder? Sometimes those are the most valuable. Share [link] [comments]  |
| X Company has technology I want to implement into the application I am creating Posted: 09 Dec 2020 12:02 AM PST Hey guys hoping for some advice here, one part of my application that I hope to have has been patented during the process of me creating it and I have looked extensively to similar patents etc. So essentially there are several patents that do what I am trying to do, but if I go about creating mine with enough difference am I in the clear? Aka with the way I get the data even if it has the same technical function. [link] [comments]  |
| Hire a developer or bring on a technical co-founder? Posted: 08 Dec 2020 07:33 AM PST Hi all, I'm part of an early-stage startup that is ready to start building its MVP. I have two other co founders, however, but each of us does not have a technical background. Our background is in filmmaking and what we are building is a SaaS tool to help screenwriters. What we hope to build will utilize some emerging technologies such as natural language processing so that requires specific knowledge as opposed to just code. One of my co-founders and I have a long time friend who happens to have most of the skills we need to build the MVP and even help scale it to become it's fully realized form. He's skilled in NLP, machine learning, and various code languages. He also happens to be an entrepreneur with a few startups under his belt and aligns with what we are trying to do long term (i.e. is a great culture fit). Our friend is willing to build the MVP and stay on the company for no payment except equity. However, our other co-founder is reluctant to bring on another co founder due to dilution of equity. He would prefer we hire an inside developer to build the product and hopefully grow into a partner vs us just giving out equity right off the bat to a co-founder. We haven't talked numbers so it's unclear how much equity our potential technical co-founder would want. Currently, my partners and I have an equal split. In your alls experience, is it better to bring on a technical co-founder if you have the option or is it better to hire a developer(s) to build MVP and bring on a technical lead (CTO, etc) later? [link] [comments]  |
| How to get people to your landing page? Posted: 08 Dec 2020 09:06 PM PST So from years of reading this sub and books I'm pretty solid on the concept of "validating your idea" before building it. As a software engineer at a tech company I have no problem whipping a decent landing page in 2 hrs and having monitoring set up to see how many people click the buy/subscribe/sign up button. But how do I drive traffic to the page? I know the traditional answer is use your immediate network first but this doesn't seem great if you want to test out a new idea every so often. There are sites that offered to do this as a paid service, but I don't think this will be as valuable as real organic visitors to the page casting their vote by clicking/not clicking. [link] [comments]  |
| Which language for prototyping a Fintech/trading idea? Posted: 08 Dec 2020 08:41 PM PST Hi all, I am currently an associate at a mid-sized prop trading firm, and I have an idea for a fintech startup that I'd like to pursue. I've talked to a few mentors and they think I "have something" here, but they'd like to see my shoestring together a rudimentary app to demonstrate my idea. Sounds great, except I have no programming background whatsoever to speak of. I have a bachelors in Finance from a northeastern target school, and 4ish years of direct experience on the trading side of things. I guess I'm looking for some guidance on where to start to prototype my idea. I'll need a user interface, I'll need to interact with and display real time market data (particularly in derivative products), and I'll need to do a lot of real-time (but not mathematically complicated) calculations. There will be some algorithms that will need to be run on a given data set, but that would be transactional in nature and only needs to be done when x event occurs. I'm not trying to become an engineer, or even build a full product (yet) - I'm just trying to piece together something rudimentary to show to some colleagues in the field to see if I have something they might be interested in investing in. I'd really like to avoid bringing someone in to do this early part for me, because the algorithm and approach I have is valuable (and my mentors have told me as such), but there's probably not a lot of groundbreaking tech involved (that i know of). So if someone were to run off with my algorithm, there's not really anything that would prevent them from doing it themselves. [link] [comments]  |
| Anyone manage to start businesses that have sizable startup costs in your 20s? Posted: 08 Dec 2020 07:23 PM PST Interested to hear others experiences if you managed to start a business in your 20s that required at least $100,000 to start?
[link] [comments]  |
| Posted: 08 Dec 2020 06:34 PM PST Hey all, I'll keep it short bc I assume you're all busy, and so I thank you for taking the time to answer questions and help young entrepreneurs. I have a broad concept idea, and I need to know of any techniques I can apply to break it down in a brainstorm fashion? I know what I need to accomplish with the idea, but I don't know exactly how. Keep in mind I just had the light bulb go off a few hours ago, so the idea is still in it's infancy. I will be rolling it around in my head until I'm literally nauceous, so something may come to me. I'm just a fan of process and techniques. Thank you in advance for your time, MJC [link] [comments]  |
| Urgent Advice on Front End Development Posted: 08 Dec 2020 01:36 PM PST This community has always been extremely helpful so I thought I may give it a shot again. I'm a young cofounder of a social network startup, currently finishing up an MVP. I need to help my cofounder on the front end development side (he's too busy with the rest) and was wondering what would be the most effective way to teach myself good front end basics in say, a week. I know that one week is nothing to learn something but any direction on how to develop a good understanding and help him would be super helpful. Big thanks [link] [comments]  |
| Would you recommend Gitter or Discord for use as a support channel? Posted: 08 Dec 2020 03:08 PM PST As an incipient startup growing with a small team, has anyone experimented with providing support to business users via Gitter, Discord, Slack or Whatsapp ? I'm trying to avoid buying in too early into full blown support tools that create too much friction for the early users to report bugs or ask for help without getting to the tipping off point. Most of the issues we've seen on emails and phone can be boxed in :
Any advice on this would be helpful. [link] [comments]  |
| What are your absolute BEST "problem interview" questions (or general lines inquiry)? Posted: 08 Dec 2020 07:48 AM PST Are there any articles/blogs/books that have been instrumental or extremely helpful to you in identifying B2B opportunities? The Lean Startup is great on a philosophical level, but I'm particularly interested in more tactical/practical material with specific questions/scripts/etc. Remember that problem interviews are usually before you have a product in mind.. .before your MVP... this is where you're searching for opportunities. So you're trying to find out about Jobs to Be Done and not so much "Hey I built XYZ is this something you want to buy" (that's more the solution interview phase). The result of your Problem interviews should answer things like "what should I build", "is there a market here", "what features might my MVP focus on". Some tidbits I've found from a book from Étienne Garbugli called Solving Product:
General Questions
To learn about current buying habits/motivations (and hopefully identify JTBD)
Some questions to use if you've identified a Job To Be Done and want to dig in further:
[link] [comments]  |
| App sales strategy in Shopify App Store? Posted: 08 Dec 2020 06:58 AM PST Last winter we started a company with a interesting personalization app and used it in our e-commerce store to help customers to personalize their gift purchase. However, we didn't get much traction in e-commerce due to several factors such as small inventory, no or small marketing budget and bad product-founder fit. Both of the founders are better suited for software sales instead of e-commerce marketing. We are planning to start a pilot if we can pivot to the SaaS from B2C. We are starting to convert the software as a plugin to be used in Shopify stores. Do you have any recommendation for us regarding getting traction/ marketing the app in the Shopify store? [link] [comments]  |
| Bank Account for Platform Marketplace? Posted: 08 Dec 2020 10:10 AM PST Hey - I'm in Canada, and I'm starting a platform that will take a commission of sales made by our users. We'll be using Stripe to handle payment processing and payouts. I am about to open a business bank account to handle all the funds. Does anyone have any advice about this? Is there any personal liability I should be concerned with? [link] [comments]  |
| Posted: 08 Dec 2020 05:57 AM PST hey everyone! i'm one of the co-founders at Neurophate. We are a next gen no-code business intelligence tool making it easy to get insight from your data. Currently i've put up a waitlist on our site at neurophate.com and i'm wondering how to grow our waitlist? What are some good places I should post? Twitter, quora, etc.? What are good strategies to get people to sign up? Thanks a ton! Would really help out [link] [comments]  |
| Where do you find Front end designers for hire? Posted: 08 Dec 2020 09:17 AM PST So this is my first time working as a Product designer on a very small project with a small team. I've designed web and mobile versions of the app with Figma prototypes that the back end devs have been using for development so far. Now we want to start the front-end devs but we don't have anyone in-house. Do any of y'all know where to best find good front-end developers that can translate these designs and have a good understanding of UX and interaction design? [link] [comments]  |
| Paying for Provisional Patent / Patent Search / or Straight to Utility Patent Posted: 08 Dec 2020 08:48 AM PST I just contact a legal firm to generate the patent for my product. Is the patent search worth it, will it help them write a better provisional patent (I have 10 patents with my current employer so I have some experience in this field). Is getting a provisional patent worth it, its about a 1K incremental cost delta. [link] [comments]  |
| Posted: 08 Dec 2020 04:19 AM PST Hey Startuppers! First post, looking forward to talking with you 🚀 I've come up with an idea, qualified it through a few rounds of feedback, validated that the concept adds value... The only thing I'm missing - is financials! Does anyone have a guide on what to include in a pitch deck? The foundation of the idea is an app. I've used some app calculators and it's coming to £80-150k! The breakdown is component based...could I add this into my pitch deck? Also would I include my own time effort into this? I'm really bad at asking for money or investment so I'm naturally pessimistic 😅 would love to hear others experiences! [link] [comments]  |
| Passion project vs market opportunity Posted: 08 Dec 2020 06:42 AM PST Hi guys, Any general thoughts on working on a passion startup vs a market opportunity startup. I have found a niche that is profitable and underserved. But it is not something I am specifically interested in. I do believe the industry will grow. What do you think? Pros cons? [link] [comments]  |
| You are subscribed to email updates from Startups - Rapid Growth and Innovation is in Our Very Nature!. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
No comments:
Post a Comment