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    Wednesday, June 2, 2021

    Startups Essential (No Code) Tools For Product Design

    Startups Essential (No Code) Tools For Product Design


    Essential (No Code) Tools For Product Design

    Posted: 02 Jun 2021 02:48 AM PDT

    Here is a (non-exhaustive!) list of tools that I find are easy to get started with that also help you uncover just what is possible with the no-code solutions out there today:

    https://www.visualbinary.com/blog/no-code

    Feel free to let me know what I'm missing off the list! I've tried to showcase the variety of options out there.

    Would love to hear your takes on what other tools are useful for quickly developing product, without needing to write a single line of code!

    submitted by /u/abriscallbowker
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    Does the definition of an MVP change when in a crowded space?

    Posted: 01 Jun 2021 10:36 AM PDT

    I'm launching in a crowded space with around 5 main competitors.

    I have my own version of the MVP which makes the product usable in its own right. But is that even good enough to launch if it has nothing to distinguish it from competition yet?

    I've built core features which most of my competitors have but need more time to make the features which makes this stand out. But then its almost more of a finished product than MVP. Where do you draw the line? If I launch now and someone asks why should I use your platform - I can't just say "well it will have X feature soon"?

    I see the "launch early" mantra being repeated everywhere but you can't launch early if there's nothing to separate you from the competition, right?

    So - when you have competition - I assume MVP changes from being simply usable in some way, to being usable and in one way better than your competition?

    submitted by /u/imnos
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    Questions regarding ground level equity offering for CTO

    Posted: 01 Jun 2021 05:19 PM PDT

    I am currently in the process of offering equity to a CTO at the ground level and was hoping for some advice. Let me know what you would offer based on the description below:

    Background

    • I came up with the concept and have designed the entire product to the point that it is handoff ready for developers.
    • I have a co-founder who is providing an angel investment to get development going. Current equity split is 75 for me, 25 for angel investor / co-founder.

    CTO

    • The CTO will be overseeing our development team that we contracted with as I do not have development experience and want someone who can guide / manage the team.
    • He won't be receiving a salary. He will not be full time.
    • His main involvement will be meetings with the development team and managing them.
    • He will not be coding.
    • He has extensive management / development experience and is very passionate about the concept, so he is a great fit.

    Goal

    Build an MVP that can lead to more funding and bring CTO on full time.

    How much equity would you offer a CTO in this scenario?

    submitted by /u/evolve1318
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    what makes some businesses excel?

    Posted: 02 Jun 2021 12:19 AM PDT

    right values, right leadership, right talent tends to create the right processes and right strategy.That is what creates a compelling and continually improving product(and marketing campaign)? What is it that makes a company perform far above average?

    submitted by /u/Apprehensivewords
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    I have a big problem and I don't know what to do

    Posted: 01 Jun 2021 02:04 PM PDT

    I know I won't be the first to go through this, or the last but that doesn't make it easier to decide.

    I'm probably 1 or 2 months from finishing our MVP (a car leasing comparison site in the UK and I'm stuck in a quandary. You see, I have a neurological disease, which is slowly but surely is weakening me to the point I won't be able to do anything myself and I'll succumb to it. I already half struggle to type. I figure I have maybe 5 to 10 years left (according to people with the same condition life expectancy) but probably only 1 or 2 years of working ability left.

    I'm about 18 months into the development of the site and I don't want to throw this away. I also want to feel like I've achieved something. I want to leave my mark on the world.

    But I could quite easily have a nice last few years of my life as a freelancer earning decent money and doing stuff I actually enjoy.

    Financially, I haven't got the money to launch the site and make a big hit in a short time. I'm also short of time for organic growth.

    I feel like I'm in between a rock and a hard place. Should I sink the project and go off and spend my days wondering "what if" while sipping on a daiquiri in Tenerife in the sun with my wife, or do I grind on and see if I can make it happen and get my mark on the world.

    Would love to hear from other who are/have gone through the same thing or can offer some insight, or even offer advice ways I can at least reduce the financial damage from giving up

    submitted by /u/Emotional-Priority70
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    Advice on early partnerships in building a startup

    Posted: 01 Jun 2021 11:31 AM PDT

    Good day everyone!

    I would be glad to receive advice and comments from you regarding my situation.

    My friend and I have been planning a startup in the Biotechnology - Agriculture sector for some months now. It has been great, maybe one-sided or so, I couldn't have known too. Almost 80% of the project have been done by me as I have more knowledge of the topic and can quickly implement it to the project or he is somedays just busy with many things in life with I can respect. But seeing that things turned out like this, I began wondering if "Partnership" is the obvious choice. Because the will be many problems ahead that must be tackled by both members of the project.

    My question for you would be:

    1. Should I be more understanding when he is not as into it anymore as I am right now? He said he is still very much interested and I always prefer to believe him. But workwise doesn't show as much so far. I have communicated with him as openly as possible and share my thought about him.
    2. I think it is näive to not speak about the eventual business side of a startup even if it is still in the early stages. But I haven't been really honest about my opinion. Does company ownership percentage rights really come down to each contribution to the startup itself? because, as I said previously, I am contributing more than him (in his statement). It feels unfair mostly.
    3. What could I have done better in my situation to make this startup not a "my project" kind of thing instead more of an "our project"? because I feel like a boss to him which I never wanted since we are Partners.
    4. If the suggestion is to run it alone. I am not feeling that confident but open to challenges if need be. Should I overcome this alone or should I find another suitable partner?

    It will be really disappointing if the project comes to an abrupt end because of the situation. I would really love to be a better colleague to him. I am worried that friendship will suffer because of this. I apologize if there are improper statements and immature thinking in this subreddit of experts.

    Have a great day and thanks!

    submitted by /u/Saisedo
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    Payment processor for payouts

    Posted: 01 Jun 2021 03:29 PM PDT

    Hi all!

    Quick question. We all know about the plethora of payment processors for accepting payments (processing card transactions, etc)

    What about for maintaining e-wallets and handling payouts? Many companies allow their users to maintain & build a balance of some sort and pay out based on certain thresholds or criteria. What platform do they use to integrate with, maintain these balances (presumably linked with their own bank?), and handle payouts.

    How does this all work? Is there a payment processor that does the inbound and the outbound? Any advice here is appreciated!

    submitted by /u/rocket2913
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    Seed Funding: Different valuations for different investors?

    Posted: 01 Jun 2021 09:06 AM PDT

    How acceptable is it to offer different investors different valuations when raising a seed round? Is this considered fair game or not ok?

    e.g. say i offered 1 seed investor a share of the company at $1M valuation and another a share at $2M

    Also, how common is it that investors know the terms that other investors were offered? Is all that information usually shared at later rounds?

    submitted by /u/_improve_every_day_
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    What is/was your Go-To-Market for your startup?

    Posted: 31 May 2021 05:35 PM PDT

    I am curious as to what your startup is and your GTM strategy for when you first launched your product/solution. I am curious by how others executed their GTM strategy as this is the one part of very early stage startups that I can't seem to execute correctly.

    I am talking more specifically for B2C solutions, rather than B2B, but happy to hear B2B as well.

    Just wanting to get general inspiration.

    submitted by /u/The-SillyAk
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