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    Friday, October 1, 2021

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

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


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

    Posted: 30 Sep 2021 09:01 PM 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!

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

    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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    Software recommendations

    Posted: 30 Sep 2021 04:39 PM PDT

    We are going to start a small 3PL warehouse for e-commerce sellers. What we do is to give them storage , shipping , pick and pack , labeling services. The software I'm looking for must have some futures such a shipping links , buy labels and barcoding. Usernames for each customer to sign in to manage their inventory. That's why we need a WMS or 3PL software. Any recommendations please. Brand new 3PL software companies are really expensive especially for new small companies. That's why I really really love Reddit because you always find and answer and recommendation about anything you need.

    submitted by /u/ImpossibleAd5845
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    Is perfect the enemy of good with co-founders? I really like one co-founder, but I'm souring on the other

    Posted: 01 Oct 2021 12:44 AM PDT

    I recently joined a team of two co-founders as the third co-founder (I am COO, there is a CEO, and a CPO). The CEO recruited the CPO (they had worked together previously), then I met both of them and joined after.

    I really like the CPO. He's a very talented product designer and easy to work with. We get along well and he's designed a really nice app. Before I joined the CEO/CPO hired a firm to build the MVP, which is ongoing.

    I'm less excited about the CEO - in the beginning, we really aligned on our vision for the app/company which I'm still excited about. But now that I've worked with him for ~6 weeks I feel like I don't see how he can lead us to success. He's been the main link with the software dev firm, and it's been a mess. They pressured him at the last minute into giving away equity and he caved, and is now trying to walk that back. He's been late on payments - it's like the contract doesn't exist and what counts is what he and the MD of this company can agree on - but trying to pressure them to move faster when the devs have been open about how much work there is for what our requirements are. He also offered on the side to pay the devs cash bonuses for finishing faster which I found unprofessional.

    Other than that I am struggling to see what his killer skills are. He doesn't like to pitch (not a good public speaker), isn't a great negotiator, isn't really a people manager, doesn't write well (our shareholders agreement he drafted was a mess at first)...so I don't know what's left. It's like he came up with the idea, everyone else is executing on it, and he's doing a bunch of other random stuff and some of it is fine, but some of it is gone sideways. His background is as an analyst at an investment firm, and I feel like without having experience working at a successful startup like the CPO and I have, he's just green/doesn't have the chops.

    We're drafting our cofounders agreement and I'm coming to the point where I might be putting my own funds in to capitalize the company, but I'm having second thoughts. I feel like we can succeed, but only because the CPO and I are strong and the CEO listens to us/lets us do our thing. But the titles/equity are tilted in the CEO's favor since the company was his idea. I don't want to quibble about titles, but I do find myself wishing the CEO had a smaller role since he's less experienced/skilled. I just have a shaking feeling that we can get some traction + raise seed funding off that, but once there's a board/investors heaping pressure on him it's going to be a shitshow.

    What would you do in my situation?

    submitted by /u/ragingdobs
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    pros/cons of using a script for MVP

    Posted: 01 Oct 2021 12:56 AM PDT

    Hello

    Im a non-technical solo founder with a background in sales/marketing

    I found a script on code canyon that is *similar* to the very basic version of what I want to build.

    I'm thinking of getting it so i have something to validate my idea when I talk to potential customers and get an understanding of what they really want, rather than spending a lot of money on building a new product and spending more eventually making the changes they do want

    SO my question is:

    What are the pros/cons of buying a script? Is there an easier way to build a MVP?

    Any help would be appreciated

    submitted by /u/pickledpalmtree
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    what investor relation tools do startups use?

    Posted: 30 Sep 2021 08:10 AM PDT

    Hi Reddit, Basically the question above. If you run a startup or work at a startup, does your company use any software for investor relations? Basically, reporting financial metrics to your investors. Right now, I get Typeform links asking me to input data in a form. Multiple times. It's painful. Any good software solutions out there for this? Thanks!

    submitted by /u/Asianskibum
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    How do i delight my customers?

    Posted: 01 Oct 2021 12:48 AM PDT

    Hello everyone recently I started an online business and would like some marketing help.

    I do not want to keep my customers happy, I want to delight them especially when it comes to providing after sales services.

    I would like to know everything about what customers really want after during and especially after I sell them my product. so far i have identified next day delivery, touch and feel, fast customer support, discounts. if u know more then please contribute to my list as it will help me analyse each of them before selecting final services.

    submitted by /u/Teestraw
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    Validating an Idea

    Posted: 30 Sep 2021 09:14 AM PDT

    I'm a 20 year old who is about to enter the world of startups. Me and my team have worked for like 6-8 months now and have come up with 70 ideas that are solely service based. When I surfed through reddit bout wanting to know how to validate an idea to see if it's worth pursuing , I found that almost all of the solutions were related to product-based ideas.

    They were mostly like "Advertise and track response. Go straight to the customer. Survey and pitch". Since it's a pandemic here , I don't think I can go on and do a survey physically. So am pretty much confused on how to validate these ideas and see which one should be pursued first. If you can think of any better way , please let me know. Thank you in advance!

    submitted by /u/FlyPrinc3
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    Starting a second company whilst running a first

    Posted: 30 Sep 2021 07:14 AM PDT

    I've been co-founding a company for the past ~3 years, and things are slowly taking off. We've got VC's on board, initial revenues and a really solid technology. However, since it's my first company, there are a lot of mistakes I've made, and learned from. Namely, we're not focusing on a really large TAM which I didn't even consider in the beginning. Second, my co-founder has a completely different mentality when it comes to work-life balance and all that. We've come to compromises on everything, which is fine.

    However, over the past few weeks I've had an idea in my head for a business with a significantly greater TAM, and which focuses on a different area of the same industry (so my existing and hypothetical next company wouldn't be competitors).

    My current approach is to slowly develop this second business in secret, and get all the pieces ready for when I'm ready to come out and announce to everyone what I'm working on. That said, it's making it hard to try and recruit people for this second company since I want to keep it very low-key. Anyone have tips based on experience? Thanks!

    submitted by /u/deepfriedmat
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    How does your company cover health insurance for employees?

    Posted: 30 Sep 2021 11:39 AM PDT

    I am 25 and just started working for a startup in May. The two founders have built a successful company and have years of experience and reputation in the industry.

    I'm the first hire.

    I am turning 26 in mid-January and will be falling off my parents health insurance.

    My challenge is I have several preexisting conditions (basically I was born with a messed up pituitary gland). Simply put I can't go without health insurance at all. The number of blood tests I get and meds I'm on is crazy.

    It's never been a problem as my parents have an amazing plan through my dads work and their CEO is obsessed about having the best health insurance for employees and doesn't spare any expense.

    When I was hired in May I made it crystal clear I needed health insurance by this fall and they agreed.

    The problem is the two founders both have private insurance and don't have any formal plan set up to add me on to.

    One of their investors is a private equity firm and the two founders are operating partners in the firm. They thought they could get me insurance through the firm but now they're saying it doesn't look like it's possible due to some policy.

    I'm just wondering how all of you are either getting health insurance yourselves or insuring your team?

    Right now it doesn't seem like they see setting up a plan from scratch under the company just for me is worth it or possible.

    The only thing I can think of is finding a plan on the marketplace and them paying me a stipend to cover it.

    submitted by /u/resultsforsale
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    What benefits can/should I ask for when looking to form partnerships with chain retail buisnesses?

    Posted: 30 Sep 2021 09:17 AM PDT

    My apologies if this isn't the correct place to post. My company hosts weekly senior events and I'm in charge of booking them. I would like to form relationships with managers of businesses of companies like AMC or Denny's. I think we have a lot of value to these establishments because we would be bringing 20ish people at off-peak times at a recurring basis. What is the best way to go about asking for some sort of compensation in exchange down the road, and if anyone has any ideas as to what they could be I would appreciate that as well. Thank you.

    submitted by /u/Due_Spirit2145
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    Working at a Start-up

    Posted: 28 Sep 2021 07:50 PM PDT

    Hi all!

    So I've been working at a start-up for about 3 months now. The pay is shit. I get paid 15/hr in Orange County in California so my paycheck does not go a long way. Since I started three people have left. Mostly now I'm doing manual labor and inhaling a bunch of chemicals. I feel a bit disgruntled.

    It's a good start-up the people are amazing. I have health insurance now but I don't know when I'll be able to use it since I work 9 am-5 pm. I'm having doubts. Yeah, I will get a raise to $17/hr that's part of my contract. But since the office manager is leaving we all found out this week then that leaves me to take on her work later on.

    Also, the culture everyone is staying past 5 pm. I did that my first 3 months but sadly I don't get paid anything if I stay longer than 5 pm. I feel a little mad/use because nobody informed me of that and I was staying sometimes at 7 pm every day for 3 months straight. Now that I leave at 5 pm kinda feel like people are judging.

    I don't know is this standard for a start-up? I have a bachelor of science fresh out of university. I had other jobs that required much less and paid me at least $20/hr. It's a long time till the company gets big even after that I think the CEO will just sell the company. So it kinda fucks everyone over. The CEO is a great guy he treats all of us to lunch on Fridays.

    Do I expect too much? Is the company expecting too much out of its employees? When I first got the job they wanted/ from what I perceive/ put together to take over the entire quality control department for 15/hr. I guess you get what you pay for. My experiments were passing but my data wasn't beautiful and I was a bit slow. But hey what do they expect. Anyways I would like to get your thoughts and opinions.

    submitted by /u/Silent-Mushroom
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