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    Friday, April 2, 2021

    Startups Share Your Startup - April 2021 - Upvote This For Maximum Visibility!

    Startups Share Your Startup - April 2021 - Upvote This For Maximum Visibility!


    Share Your Startup - April 2021 - Upvote This For Maximum Visibility!

    Posted:

    r/startups wants to hear what you're working on!

    Tell us about your startup in a comment within this submission. Follow this template:

    • Startup Name / URL
    • Location of Your Headquarters
    • Elevator Pitch/Explainer Video
    • More details:
      • What life cycle stage is your startup at? 1
      • Your role?
    • What goals are you trying to reach this month?
      • How could r/startups help?
      • Do NOT solicit funds publicly--this may be illegal for you to do so
    • Discount for r/startup subscribers?
      • Share how our community can get a discount

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    Startup Life Cycle Stages (Max Marmer life cycle model for startups as used by Startup Genome and Kauffman Foundation)

    • 1. Discovery
      • Researching the market, the competitors, and the potential users
      • Designing the first iteration of the user experience
      • Working towards problem/solution fit (Market Validation)
      • Building MVP
    • 2. Validation
      • Achieved problem/solution fit (Market Validation)
      • MVP launched
      • Conducting Product Validation
      • Revising/refining user experience based on results of Product Validation tests
      • Refining Product through new Versions (Ver.1+)
      • Working towards product/market fit
    • 3. Efficiency
      • Achieved product/market fit
      • Preparing to begin scaling process
      • Optimizing the user experience to handle aggressive user growth at scale
      • Optimizing the performance of the product to handle aggressive user growth at scale
      • Optimizing the operational workflows and systems in preparation of scaling
      • Conducting validation tests of scaling strategies
    • 4. Scaling
      • Achieved validation of scaling strategies
      • Achieved an acceptable level of optimization of the operational systems
      • Actively pushing forward with aggressive growth
      • Conducting validation tests to achieve a repeatable sales process at scale
    • 5. Profit Maximization
      • Successfully scaled the business and can now be considered an established company
      • Expanding production and operations in order to increase revenue
      • Optimizing systems to maximize profits
    • 6. Renewal
      • Has achieved near peak profits
      • Has achieved near peak optimization of systems
      • Actively seeking to reinvent the company and core products to stay innovative
      • Actively seeking to acquire other companies and technologies to expand market share and relevancy
      • Actively exploring horizontal and vertical expansion to increase prevent the decline of the company

    If you are running a traditional business that is not designed to scale rapidly, feel free to reference a traditional business life cycle model and share what traditional business life cycle stage you are at.

    submitted by /u/AutoModerator
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    Need help in backing my start-up experience

    Posted:

    Hi Team,

    I recently exited my start-up which I co-founded with 3 other people. I left after a year's effort as the main guy was not interested in the Growth plan I had in mind. Plus there was lack of focus on customer acquisition.

    Keeping that aside, now I am working as a product manager for another start-up, after which I plan to apply for an MBA. That's the long term plan atleast.

    I just wanted some help here as the guy from the previous start-up hasn't given me any written documentation related to my efforts.

    How do I back my claims let's say 5-6 years down the line and showcase my entrepreneurial journey 🥺?

    submitted by /u/Necessary-Wrangler
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    Does anyone know if there's a name associated with a document a business uses to define the workflow of the business' operations?

    Posted:

    I'm one of 3 partners who recently setup an LLC for a business in the solar industry. We've ironed out most of the details of our strategy however I'd like to get this all down into a document. I want to essentially lay out a work flow of our planned process we plan on implementing for each customer and I'd like to document in detail, each step in the process. Some details would include:

    • Each step in the process
    • Which employees/departments are associated with each step in the process
    • Estimated cost/hours associated with each step
    • External companies associated with each step
    • Estimated turn around time associated with each step

    Ideally, I'd love to review some samples of similar documents or templates however I don't know what the name of this business document would be called (or if there even is one). I was originally thinking a Standard Operating Procedure document, but I don't think this would be the same.

    Does anyone know if there's a name associated with this type of document?

    Thanks

    submitted by /u/Goalie3533
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    Does owning the source code of your app created by an outsourced company mean upgrading to a better app would be cheaper?

    Posted:

    So I'm looking at getting an Indian company to develop my app (getting quotes of about $10-$15K currently). They state I get to keep the source code.

    I want to start small, test out the waters, and then scale up from there — which would include getting a considerably more expensive, domestically created app.

    Since I would then have the source code, would upgrading to a more competent developer be considerably cheaper than starting from scratch with them? Or would they want to start from scratch and charge the same cost as someone without an app already existing?

    Similarly, does anyone have poor experiences with using offshore app dev companies? Working in tech sales, I see every day "you get what you pay for" definitely applies to my particular industry, but I'm not sure about foreign app dev companies.

    submitted by /u/bryschmi
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    Potential Tech Cofounder Equity Question

    Posted:

    I have been looking for a tech cofounder to help build an app that I've been working on/cultivating for a couple years now. I have found someone to work with me part-time while I am working full-time. If he was working full-time I wouldn't hesitate to give him 40-50% equity.

    Based on the below - how much equity should the tech cofounder receive?

    • I will be full time. He will be part-time
    • He will code (which is a necessity) while I do basically everything else (including product/design/wireframes)
    • This is my idea/baby but definitely very happy to have someone else come on board
    • I have already invested money in the product
    • I will pay for any ongoing server/development costs
    • We are also planning to bring on another part-time engineer for equity to help on the back-end. This person will not be a cofounder
    submitted by /u/wheredidspringgo
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    Only employee looking for another job

    Posted:

    Hi all,

    Im posting this here since I think the situation is related to startups more than traditional work.

    I was the first full time employee of a start up. It was me and the founder only. I was naive and desperate so I overlooked many red flags.

    Fast forward 1.5 years later and I am looking for work. Reasons:

    • I was not the first employee and there were another one who left before me. I discovered that later. They lie and I don't trust them at all.
    • Selfish founder.
    • Below average competition with no equity.
    • We hired more people and they left within two months (another red flag).
    • i didn't get my conditional bonus after achieving the goals stated in my contract
    • More that I dont want to get into.

    Here is the thing, I'm doing my masters part time and have been working with a career couch. Dis a full redo of my linkedin but nothing really states that im looking for work.

    I think the manager checked my LinkedIn and is going to bring this up tomorrow during a ore schedule employee review.

    I don't trust them at all. What do you think I should do if they ask if I'm looking for other work?

    Thanks

    submitted by /u/Numbersandsize
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    Bought equity in startup I worked for 5 years ago. What now?

    Posted:

    I worked for a relatively successful startup for 3 years and left 5 years ago. I paid for my vested shares shortly after I left but have no idea what's been happening for the last 5 years at the company. They seem to be doing well but haven't raised money or made an IPO announcement. Am I entitled to any updates as an investor? Anyone else have a similar experience where they eventually made some money off the shares?

    submitted by /u/casteart
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    Technical Founder streaming industry

    Posted:

    Hey,

    I am currently a software developer working solo on my MVP. I am capable of complete ownership over the technical side of the software. My current startup work on a solution for game streamers. I need to try to work with famous streamers in the industry. I tried cold email and such and I am not successful. What is the best way to find someone to take over this operation? Or what is the best way to approach this

    submitted by /u/bedo007
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    Rev share question

    Posted:

    Hi guys,

    If you have a project that is making x amount per month. And someone wants to take a portion of the work for rev share, what is a fare way to do this?

    Do I just give them x percent and they take on x role. Or do they buy in? What is fare?

    For instance, I think that the mobile development side of the project is worth 30% of the income. But I have already developed the mobile side and it just needs maintenance and improvement. Would I give them 30% or do I give them less as they are inheriting a product making money already?

    submitted by /u/ClearFaun
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    “The blueprint”?

    Posted:

    Question/discussion:

    It might be just me, but I've noticed that for a lot of entrepreneurs the lifespan, road map, blueprint of how to start a company (in particular- SaaS companies), is very clear.

    It's almost like a template.

    I'm not just talking about the process of founding, MVP, seed, rounds, scaling.

    I'm also talking about day-to-day "how to do things", for example, stages of marketing, funnels, sales process.

    Examples:

    • If you look at how sales are made for most SaaS products, it's a standard of live chat (often Intercom) -> Demo call (mostly the same structure), etc.

    • Tech stacks seem to be very similar across the industry. Everybody seems to knows what a tech stack needs to include and where to look for it).

      • Funnels and evening website layouts are very similar across most startups.
    • Certain trends in sales, UX, CS, CX are widely used (e.g. "customer success team" are now widespread).

    It's as if there are standards that are well known, but more than that: a very clear timeline / process that is repeated by a lot of entrepreneurs.

    I hope I'm able to clarify this vague observation.

    My questions is..........

    How?

    Where is this invisible / secret blueprint everybody seems to be using?

    I feel like I've read all the right books and blogs, but I feel like I'm discovering things bits by bits -

    All while seeing entrepreneurs less experienced than me wooosh by doing everything "right", with 90% less trial-and-error than I need.

    What am I missing? Does anybody else share this feeling?

    submitted by /u/nothingsurgent
    [link] [comments]

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