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    Wednesday, September 1, 2021

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

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


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

    Posted: 01 Sep 2021 12:01 AM PDT

    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
      • Let people know where you are based for possible local networking with you and access to local resources
    • Elevator Pitch/Explainer Video
    • More details:
      • What life cycle stage is your startup at?
      • 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

    --------------------------------------------------

    Join our discord for instant chat, advice, and emotional support!

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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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    What's your opinion about a startup that has a technical CEO?

    Posted: 31 Aug 2021 03:24 PM PDT

    I've seen some people say that the technical MUST hire a business person, go after a marketing guru...

    On the other hand I see Mark Zuckerberg, elon musk, Bill gates, Jeff bezos, the founders of Google and Twitter, etc... all tech founders who managed to run their companies normally.

    So I don't get it, why people say that tech founders must hire a business guy like otherwise they will fail?

    I myself am studying tech but I love business as well. I read books, articles, listen to podcasts, videos... Of course none of it makes me a top executive but, when my time comes, I'll know the directions of what to do to grow early on etc..

    But anyway, my question is, why people are "against" technical CEOs and talk this way about them, when there's so many great examples of companies nowadays like the FAANGs (and many others) that were founded by a technicals?

    submitted by /u/Reception_Willing
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    I got my first client, now what?

    Posted: 31 Aug 2021 03:22 PM PDT

    Hello, I'm a 16 year old kid who just got his first client for social media management. It currently pays $150 a week and we agreed to raise it once he gets a higher audience so I'm worried about how I would get the results as fast as I can. There's also the fact that I was suppose to be paid more since I would be taking care of the ads but he decided to take that in his own hands. I'm aware I was really submissive in the pricing and even felt squeamish when bringing the topic up. Any steps I should take?

    (Note: I do content creation, take the photos/videos he needs on top of social media management)

    submitted by /u/Yooowon
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    What is your 'partnerships funnel'?

    Posted: 01 Sep 2021 02:24 AM PDT

    I'm exploring partnerships between startups as a win-win way to grow.

    Currently, we don't have a partnership manager, so I'm trying to move something.

    I mainly look for co-marketing partnerships cause it's the only collaboration I could imagine for the moment since we're not integrable (so, I'm trying to bundle or cross-sell or pixel swap with other products thought for similar targets, etc).

    The criteria I use for selecting potential partners to contact is that:

    • they're at a similar scale compared to us (otherwise there will be no mutual interest probably)
    • they serve a similar target

    What about you? What is your partnership funnel?

    How do you:

    • structure partnerships? (is there a hidden world outside co-marketing?)
    • select potential partners? (criteria etc)
    • contact them and propose the partnership?
    submitted by /u/pog92
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    How do I find experts in my field for consulting?

    Posted: 31 Aug 2021 10:57 PM PDT

    I am trying to start a non-dairy coffee company and wanted to find the right experts and consultants to find out if it is even a viable business. Things I want to find out : Start up costs, market trends and numbers, finding distributors and maybe producers, where and how to put the product out into market, different market strategies and hiring/team size. I am so serious about starting this business and in need of some help of starting! I have no idea where to begin. I don't really want to go through linkedin to find people as I have no idea how to navigate that world and have no clue who to trust. Even when I did go through linkedin, I am having trouble finding the right people and "experts" to talk to. Please let me know!

    Thank you so much.

    submitted by /u/MyTummyPain
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    Growing my digital agency - better to go niche?

    Posted: 31 Aug 2021 06:39 PM PDT

    I posted a short time ago about how the growth of my digital agency seems to be stagnating and whether I should just go ahead and do something else. Looking to start attracting bigger clients and avoid being stuck and only attracting work for the lower end of the market.

    We currently offer the following services: Ecommerce, Web Development, Marketing, Design, Branding, Software Development, Cloud Management, IT Support and Hosting

    We have clients and are profitable in all of the above areas but is our service range too broad? Do we need to go niche and just specialise in one of the above to seem more specialist rather than a "jack of all trades", therefore allowing us to raise prices?

    My head says ecommerce as that's mainly where our skill and expertise lies and what I enjoy the most. But then am I turning away business as we phase out clients who are looking for the other services we offer? For example, we take a client who wants an ecommerce site and branding. Or a client who just wants a standard non Ecommerce site.

    Suggestions appreciated

    submitted by /u/dillonlawrence0101
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    Is this level of dysfunction normal? I had a complete melt down today and wanted to give up but I keep pushing.

    Posted: 31 Aug 2021 10:23 PM PDT

    Hello everyone,

    I work in a leadership sales role at a saas start up company.

    I am having a hard time with leadership. My ceo is a great guy but he is all over the place. Since I've been there with him we have not had a 1-1 for over 10 minutes. Our "marketing" is in shambles. We fired our marketing company and have an internal marketer that actually sells and doesn't market. Our website is so bad. Very inconsistent. Word vomit, etc.

    We went to a trade show recently and our "marketer" created the booth. My CEO didn't like it. So now I'm tasked with creating the booth because the marketing guy can't do it. (Oh also said marketer was demoted from a sales leadership role because he can't really sell either.)

    I spent all day trying to create a booth with no real good marketing material from internal sources. I did not get hired to do marketing. We never discussed me doing any marketing. It is not my skill. So today I went through the website and found multiple discrepancies and showed my ceo. His response, "yep"

    Yep? What's yep? Do I care more about this business than he does? Should I just give up?

    Also, he was suppose to fire this marketing guy a long time ago.

    Oh and btw since I have been there I have set sales records. I've been killing it with the little support I have.

    Please help.

    submitted by /u/tiboo17
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    Guilt about quitting a start up

    Posted: 01 Sep 2021 02:46 AM PDT

    The title says it all. I have been part of a Marketing Automation/Ad SaaS start up for a year now as the Head of Sales.

    I was the first sales/commercial person hired by this company, and we have slowly started scaling the commercial team. Recently, I have been offered a job at a very promising FinTech scale up in the crypto space, which seems like my dream job.

    I'm struggling with the decision of resigning mostly out of guilt and emotionally attachment. Additionally, the start up is getting ready for the Series A raise in the upcoming months and I know how important my role is with maintaining the growth.

    I made them aware of my job offer, which they responded with a counter offer that included a substantial increase in pay and more responsibilities. Even though this seems like a perfect resolution, I feel like opportunities in a booming industry (crypto/blockchain) do not come across every day (opposed to advertising which is an increasing competitive field ruled by the big dogs Google and Fb). I also feel that they are making many empty promises as they don't want to see me leave.

    Do you guys have any suggestions how I can manage this situation? Deal with my fear/guilt?

    submitted by /u/amg894
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    Does anyone know how much $ the mentors make for BeOnDeck cohorts?

    Posted: 01 Sep 2021 12:13 AM PDT

    Please comment below based on your experience / facts. I would also love to know if you've been a fellow with them before or if you intend to be in the coming months.

    Seems like they attract some top-notch talent in the startup industry. So it got me curious.

    Thank you for your time! 🙏🏻

    submitted by /u/Th3YangDynasty
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    In-app purchases - how has everyone been dealing with the Apple & Google tax?

    Posted: 31 Aug 2021 05:25 PM PDT

    We started using Stripe which was really suitable for our startup which exists across multiple countries. Then apple and google started enforcing their payment restrictions this year and we had to rip out a great payment service and replace it with two different and badly written services in order to appease the 30% tax on any customer payments.

    Besides the lost dev productivity in doing something that has no value for our customers, we're now forced to use the currency where we launched the app and not the one we choose, along with trying to deal with an ugly 30% tax.

    I'm really interested in experiences people have had with their apps delivered via google play and apple stores and how you've dealt with having to use these rubbish payments service and hand over 30% of every dollar?

    This article gives me hope...

    https://www.bloomberg.com/news/articles/2021-08-31/google-apple-forced-to-open-app-store-payment-systems-by-korea?srnd=premium-asia

    submitted by /u/dave_dcypher
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    For content, what can you do instead of "liking" or "upvoting" to engage users?

    Posted: 31 Aug 2021 03:37 PM PDT

    For content platforms, "likes" and "upvotes" feel a bit overused. Even if I see a short video that I enjoy, it's actually very rare that I decide to like or upvote it on FB, IG, Reddit or any other platform.

    There's also the idea of giving it a rating (1-5) instead of upvoting/liking it, but that requires quite a bit more decision making and thought process -- which may not be optimal (?) when just casually scrolling through your feed.

    Have you seen or thought of any more creative solutions?

    submitted by /u/brorlustig
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    Cyber assessments of startups

    Posted: 31 Aug 2021 06:19 AM PDT

    We have a SaaS product sold to large corporations. Every time we have a new client, we have to go through their security assessment. I am not talking about the software security aspect of the platform which is well justified (we have all the requirements met) but our organisational security. They seem to base their assessments on some ISO standards designed for large companies that are practically impossible for a 5-6 person startup to meet.

    For each area, e.g. business continuity, we need at least double or triple the number of people we have to ensure that we have the required "designees doing the work", a process "responsible/owner" and a "board" that checks all this without a conflict of interest (see: doers not be checkers).

    How do others deal with this issue?

    submitted by /u/LoopVariant
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    Cashing out of a private start up?

    Posted: 31 Aug 2021 02:54 PM PDT

    I have a very close friend who started a company with some partners. This company has grown overtime but is still not profitable. My friend owns about 15% of the company and wants to cash out. It doesn't seem like the company generates enough cash to buy him out for what he's asking so he wants to get it directly from the other owners. They don't want to cash him out just yet but have implied in the future they will. (Expansion is almost done)

    What usually happens in a scenario when a founding investor in a private company wants to cash out ?

    Could he sell his stake to someone else? Do the current owners have first right of refusal of the ownership?

    submitted by /u/RoomtoGrow710
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    Major obstacles you experienced in putting together a Data-as-a-Service start-up?

    Posted: 31 Aug 2021 09:57 AM PDT

    Pretty much the title. My friend and I are thinking about DaaS startup and we are trying to understand what we're up against. The product we're considering targets civil engineering industry. It'd assist engineers making design decisions. We're still in incubation. But we're serious to put the product in market. Any suggestions from you guys would be highly helpful and appreciated. Thanks in advance for your feedbacks.

    submitted by /u/bahauddin_onar
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