Startups How do you deal with the fear of someone stealing your startup idea? |
- How do you deal with the fear of someone stealing your startup idea?
- Startup based on research
- Startup Business Name Suggestion - for a marketing agency
- SaaS Start Up - Nobody wearing Masks?
- How Do I Deal With Unsatisfied Customer?
- Seeking advice on retail designing software
- Question
- I started reviewing Pitched Decks and this is what I found out
| How do you deal with the fear of someone stealing your startup idea? Posted: 02 Oct 2021 08:38 PM PDT I read a post in another subreddit about the benefits of building your company in public. Many people are fascinated with the journey, will follow and join your email list to receive updates, and if they're enthusiastic about the product, those same people will share with others, giving you the opportunity to grow your email list even more. (The person who posted was building a plugin. Sorry I can't remember specifics.) I think that's awesome but I have this fear: If you are the the first person to pursue an idea, you should hold it close until it grows legs or someone can steal the idea. I feel like it's wrong to give into the fear because I need to actively promote my idea on various socal media channels anyway to get users... And because these channels are public, anyone could steal my idea if they wanted to. ...but for some reason this fear keeps creeping up. I didn't invent anything so it's nothing I could patent. Just an idea for a live streaming web app. Is my fear legitimate? Or should I not worry...is there anything that I should worry about? Be kind... I'm genuinely trying to figure out my way through all of this. Thank you! [link] [comments]  |
| Posted: 02 Oct 2021 12:06 PM PDT Hi, I just wanted to ask some question. Perhaps there are some people here who have some experience and could share their observations. Currently I'm a student doing my masters in machine learning. I think I came up with some interesting ideas but I have no clue how to turn them into business. I hear so many stories how the AI is used to solve important problems and the big corporations make insane money from it. But how realistic is it really that a single person could create some new invention and actually sell it. If it really was so simple then scientists would already be swimming in pools of cash. From what I see, instead of trying to be innovative, it's far easier to just make another generic app and hope for some luck. Is there actually anybody here who genuinely invented something new (not necessarily AI) and could share their story a little? Or are startups just all about marketing skills and quickly building dirty MVPs from whatever existing technologies you can smash together. Because to be honest, the prospect of being your own boss and making an impact sound cool, but I would like to be a researcher above all. I don't have any business or marketing skills. I have tech skills but just building generic apps and websites seems like a perfect way to waste my life for nothing interesting. Maybe startups are not for people like me and I should just forget about it and stay in academia forever. [link] [comments]  |
| Startup Business Name Suggestion - for a marketing agency Posted: 03 Oct 2021 12:51 AM PDT Hi, I bought the domain name eagledigitalmarketing(dot)com but later realized it won't help me with SEO because there are already similar business names on Facebook, Instagram, google etc.. Here are new names I came up with, please help me choose one:
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| SaaS Start Up - Nobody wearing Masks? Posted: 03 Oct 2021 12:17 AM PDT So started my first week at a new start up after working for corporate for a long time in finance, and I noticed nobody in the start up wore masks. It's a company with about 10ish people in the office and we don't get any visitors. They didn't even ask me if I'm vaccinated, lol. (I have been since May). I've been wfh for about 2 years before this so I'm finding this a little odd. Is this normal? [link] [comments]  |
| How Do I Deal With Unsatisfied Customer? Posted: 02 Oct 2021 01:05 PM PDT Some background to get started is that I work in the SEO industry helping businesses grow their online presences in order to generate leads. One of my clients is a roofer in the Colorado area and he's been doing well and even ranking number on the first page in a few different counties; however, where the problem comes in is that this roofer referred another business to me. Now that sounds great and all as I'm always looking for more work but this business owner has been a little difficult. After two months of SEO work he has already threatened to pull his business as he has not begun to see results. I tried to explain to him that SEO isn't an overnight service and how it could take 6 months up to even a year or more from some sights to see traction as it really depends on the industry. He then exclaimed how he was offered the same service for a quarter of the price from an overseas agency and that he might have to discuss with them about moving forward. Is there anything I can do here? I don't want to come off as aggressive, but at the same time I do warn all of my clients prior to signing that SEO is a long game with great results if you have the time and patience to stick through it. I mean even the guy who referred him took well over 6 months to get the results he seeing now but it brings him over 10 new jobs a month now all because he waited through it despite those same doubts. [link] [comments]  |
| Seeking advice on retail designing software Posted: 02 Oct 2021 07:40 AM PDT I'm looking for software that I can plan my store out, from they layout to design for my store. I want to plan ahead for different layouts so I can understand my customer flow with the designs that I have in mind. So do you have any recommendations from free to paid with out a huge learning curve to it. I looked at blender but I'm not sure if it will be a good fit or I might just be intimidated due to it look way to complex that I might not want to invest the time atm with software. So what you think? [link] [comments]  |
| Posted: 02 Oct 2021 04:43 PM PDT I recently started a women's mentoring/networking group while working at a large liquor company. The group has its own branding/logo and marketing (done by me) not related to the large liquor company I worked for. In fact they told me they don't want to be affiliated and that all liquor companies should be invited to participate. The company I was working for paid for the launch party (drinks and apps) for 35 people and purchased our shirts/giveaways to give to members who came to the launch. I now work for another liquor company and will also use their new resources to help fund happy hours, and I plan to work with competitor brands to get a larger pool of women to get envolved. Basically any liquor company/bartender/supplier/distributor can be involved. But the funding is limited since it just launched 2 months ago so will have to work with brands that have a budget to help purchase drinks for the get togethers. I ended up buying the LLC to the group I created, but am wondering if this picks up and I can end up making an actual business out of this idea can the large liquor company I worked for when first launching this brand take it away from me if and when it becomes more successful since they helped fund it in the beginning? [link] [comments]  |
| I started reviewing Pitched Decks and this is what I found out Posted: 01 Oct 2021 03:46 PM PDT Hello everyone! I am a Serial Entrepreneur (from Europe that had a 17x exit in the Silicon Valley) and Angel Investor and I've helped more than 1000 Startups refine their business model and pitch deck the last 5 years. For free. Most of Startups do some all-time-classic mistakes and I decided to start doing pitch deck reviews on YouTube in order to help more people faster. Here is what I found out: 1/ Don't put "The Team" slide in the beginning The team should be the last slide. All I care is about the problem. It is like going to watch a movie and seeing names of people that I DON'T know and I don't really care at the moment. 2/ Keep it simple - stupid You don't need to impress investors with fancy backgrounds. You need to impress them with how they will make $$$. No fancy backgrounds. No animations. Keep it clean and professional 3/ It has to look like a pitch deck Seriously, just read and copy the Y-Combinator Pitch Deck. Investors expect the pitch deck to answer specific questions and have a certain flow. DO NOT IMPROVISE. Do not send "business plans". Do not send videos. 4/ Financials != black magic The times that I've seen Startups claiming 60k users in the first year... Do not make wildly assumptions. Even if you can back them up - DO NOT MAKE THEM. There is a high chance you are overestimating your capabilities (you are an Entrepreneur after all!) and you are going to lose the investor. 5/ "The ask" slide Whenever you ask about money, include the terms (is it a SAFE? Convertible debt? Equity?) and if there are other investors NAME DROP THEM! DO NOT NAME DROP Advisors. Which gets us to the next and final point: 6/ The "advisors" If your advisor is not also an investor, you have to remove them from the pitch deck (and the company). I don't care if it is Elon Musk but if your advisor that knows your company inside-out is not willing to put some money in then that advisor is a liability. Cheers! [link] [comments]  |
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