Startups From 0 to 4.6k paid users in 1 year, from 4.6k to 4.1k paid users in 13 weeks |
- From 0 to 4.6k paid users in 1 year, from 4.6k to 4.1k paid users in 13 weeks
- Fed up of being an employee
- How do you ensure your access to your digital business will be accessible by your cofounders or family if something happens to you?
- How do we find the right co-founder with the technical skills to develop our platform?
- Anyone had success taking hardware pre-orders on their website directly?
- Startup owners of Reddit, how are 3 things that you would do differently from your first co-founder relationships?
- Is a business license necessary for a service if no money is exchanged? (Part of validation process)
- what do we offer to a CEO we’re recruiting for early stage hardware startup?
- How long do you spend in market research for an early stage startup?
- B2B Marketplaces: How to provide net terms?
- My cofounder betrayed me - should I continue with him?
| From 0 to 4.6k paid users in 1 year, from 4.6k to 4.1k paid users in 13 weeks Posted: 07 Jun 2021 04:51 PM PDT Hello, I'm a software engineer and 1 year ago I launched my startup, a 1 person company. So far I managed everything very well, from the development to the deployment to the marketing to the scalability. However, lately I've been bleeding users. I'm at a point where I can't physically handle this much work, bug fixing and support is becoming unbearable. I know I need to hire people, that's fine. The legal part is alright. I have a good lawyer. The thing is, what things should I consider, how do I prevent employees from leaking parts of the code. How do I separate the roles, what permission I give to each. How do I separate the project into pieces so I avoid all this variables? Again, this isn't really a legal problem it's more of a tech problem. [link] [comments]  |
| Posted: 08 Jun 2021 06:41 AM PDT I unfortunately have a long history of slugging out various call center sales roles and have become quite the above average seller. I am absolutely sick and tired of lining Mr. Bossman's pockets and want my own slice of the pie. I'm intending on starting my own company as a one man army to begin with, and eventually hiring members of staff, but other than the basic headset, computer/laptop, printer ect I wonder if anybody can give any helpful advice with regard to what I may have missed? or possible CRM/Dialing software recommendations? Business tactics or helpful pointers? I am trying desperately to escape the rat race and I cannot do this type of job for much longer without giving up any more of my hairline than necessary WITHOUT proper 'compensation'. Thanks in advance r/startups reddit :) (Based in the U.K, Repair & Replacement services for household appliances) [link] [comments]  |
| Posted: 08 Jun 2021 04:41 AM PDT Hi startup founders, As you know we invest a lot of effort and sometimes money to make our startups alive. So I wonder, how do you ensure they will have access to all the online tools if something happens to you? How do you prevent this? [link] [comments]  |
| How do we find the right co-founder with the technical skills to develop our platform? Posted: 08 Jun 2021 06:36 AM PDT Hello, My business partner and I have come up with a concept that we'd like to develop further. Thus far, we have the concept mapped out pretty well, however we are having trouble trying to figure out what to do next. We're seeking somebody that has the right skills to take this to the next level. Because we don't have the resources to pay anybody just yet, we're looking to have them join as a co-founder. Both of us come from business backgrounds, and neither of our backgrounds have involved working with any designers or developers. From what I have read, we need a UX/UI designer to start out. However, I've read that you also need someone proficient in front-end development. We also know that will eventually need a full-stack developer. The issue we're having is that there are many overlapping titles, functions, etc when reading up on this. At this crucial moment where we invite someone to join, we need to be sure we're bringing on the right person for these next steps. Does anybody have any advice regarding what type of professional we'd be looking for? If so, would you be able to provide a link to a template for a job description? We are not entirely sure what requirements to provide. [link] [comments]  |
| Anyone had success taking hardware pre-orders on their website directly? Posted: 07 Jun 2021 08:24 PM PDT TLDR; read title. We need to raise money by taking pre-orders to pay for tooling costs. We think taking pre-orders directly on our website is the most cost-effective, however we understand the hesitancy customers may have on dropping a few hundred bucks and waiting 5 months through our website versus a crwodfunding platform. Any success stories for hardware startups who skipped crowdfunding to raise money for manufacturing? [link] [comments]  |
| Posted: 07 Jun 2021 02:27 PM PDT I've recently entered into a business partnership. The business plan makes sense and he has proven experience so I'm not worried about the success of the business being compromised due to a lack of work ethic or unprofessionalism. What I need to know is what are big things to watch out for in business partnerships (i.e. miscommunication; culture fit; incongruent work schedules; prioritizations.) We're both outlined-based thinkers and very much prefer making data-driven decisions. I'm excited to hear what you have to say and I'll respond back quickly to your posting. [link] [comments]  |
| Is a business license necessary for a service if no money is exchanged? (Part of validation process) Posted: 07 Jun 2021 07:53 AM PDT I would like to start a b2b sales business as a 1099 sales agent. I ran some ads and got an acceptable CTR and email sign-up conversion rate. What I would like to know is if I can offer this service pro bono without a business license as further proof of validity. [link] [comments]  |
| what do we offer to a CEO we’re recruiting for early stage hardware startup? Posted: 07 Jun 2021 07:47 PM PDT My industrial designer / partner and I have decided that our company will have the best chances of success with someone leading our project who has more industry experience. Our company is building a device that allows people to do XYZ on their own. I reached out to an alumni of my graduate business program who founded / manages a service company that does XYZ to be our CEO. After a preliminary phone call and meeting, we get along great and he's excited about the project. We have a follow up with all the partners to discuss the details of him coming on board. He has extensive experience, industry knowledge, and connections that may lead to an acquisition of our IP. What should we offer him considering that my designer and I have already put in 8+ months of work and $10k already invested into the project? My designer partner is promised 25%, the rest can be allocated however we choose. Is it best practice for me, the founder to keep the majority of the shares? If I'm the majority shareholder, do I somehow have authority over him? how does that work in day to day operations in that scenario? [link] [comments]  |
| How long do you spend in market research for an early stage startup? Posted: 07 Jun 2021 05:53 PM PDT Currently holding empathy interviews with the hopes of interviewing 50-100 of my target customers. However I plan on releasing a MVP, just wanted to know how long should I spend in market research at my earliest stages(4 months in) before launching an MVP? [link] [comments]  |
| B2B Marketplaces: How to provide net terms? Posted: 07 Jun 2021 06:17 PM PDT We operate a B2B procurement marketplace where we connect a certain niche of contractors with suppliers. We're finding contractors are interested in getting more competitive quotes, but that they are hesitant to switch from their current supplier where they have net terms. If we can figure out a solution here, it could be the difference maker. Does anyone have experience in this space? Could you provide any guidance as to what we should be looking into, researching, players in this space, other consideration, etc. [link] [comments]  |
| My cofounder betrayed me - should I continue with him? Posted: 07 Jun 2021 03:39 AM PDT I am a longtime lurker of this sub but I usually don't post. Today I have to make important decisions for my startup and I don't have anyone around to give me an advice. Background: I've been working on a side project since 2016. In 2019, I realized I cannot do it by myself (lack of motivation mainly, after 3 years alone, and also because I enjoy things much more when it's with people than by myself). Project is a B2B SaaS product solution in a strongly growing market where my/our skills are very demanded. Because I didn't want any trouble in the future about equity, I offered him 50% of the company, as well as a CEO role if he wanted (I prefer not to be in the spotlight - being autistic and all). At this point in 2019, he was employed 100%. The plan was for him to resign as soon as he financially could. In the meantime, my revenue was only 50% (I kept working as a consultant part time to pay the bills). Now we're in 2021. He still didn't resign from his job and hasn't put much work on the project yet (almost nothing really, a few calls with providers and a PowerPoint presentation basically). His job takes him a lot of time. We discussed about this many times and he knew he had to move quickly. At this point I had to use almost all my savings to keep paying the bills while still investing my time on the project to keep the momentum. The (very) good thing from him is that he managed to find an early investor who was ok to put a few hundred K$ on the table, with very good condition for us. Now with the situation: I basically discovered this weekend that he has been lying to me for several months about the investor, in particular regarding the source of the money that was gonna come to us (some shady stuff that could potentially backfire on us if we got caught). We had a face to face discussion Saturday where he confessed everything, after I confronted him. He basically said that he did it for the company success, and that it was a small mistake only. I clearly don't see it this way - I feel betrayed by my co founder and friend. For me trust is absolutely essential and he broke it for very bad reasons. Because of the shady part, I am not in a position to talk about it to my family/friends to ask for advice. We had a call this morning, where he asked me if there was anything he can do to save the project and friendship. He said I overreacted and what he did was not nice but not a disaster either. What do you think? Am I overreacting? [link] [comments]  |
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