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    Startups Share Your Startup - March 2022 - Upvote This For Maximum Visibility!

    Startups Share Your Startup - March 2022 - Upvote This For Maximum Visibility!


    Share Your Startup - March 2022 - Upvote This For Maximum Visibility!

    Posted: 28 Feb 2022 09:01 PM PST

    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 to share local resources with you
    • Elevator Pitch/Explainer Video
    • More details:
      • What life cycle stage is your startup at? (reference the stages below)
      • 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

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    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)

    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

    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

    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

    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

    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

    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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    How can I become an overall extrovert in the process of becoming a CEO?

    Posted: 28 Feb 2022 12:10 PM PST

    All these years I refrained from mingling with people as I was working on my idea. Last two ideas failed and now on third one. Got an opportunity to meet a CEO, but I was hesitant as "what to go and talk to him", And when I built courage to leave house for the event, I realized the event is in another state. But that hesitation and me deciding to overcome made me realize that I use to be and still I'm a "no BS" guy. I keep the small talks minimal and in my current workplace I try not to postpone 1:1 with old team members so that I know how to handle convos.

    A CEO has to convince investors, hire candidates, convince co-founders etc. Everything involves communication. I'm good at it when the topic is relevant or needed. But I see some people can talk for hours about any non-sense which I feel I'm lacking. That quality might sometime help some doors open.

    submitted by /u/LawOfVibration999
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    What to do about lazy cofounder?

    Posted: 28 Feb 2022 06:47 PM PST

    Hello all, I would really appreciate your advice. I will try to be succinct.

    My friend came up with the business idea, but 98% of the execution since May 2021 has been done by me. Every single document, pitch, and registration, you name it has been done by me. The app design, 2 websites, financial models, everything. I don't even have a tech background, but I'm driven and always get my hands dirty.

    He was decent enough to see this earlier on and kept telling me to take more equity, so in the end when a startup studio signed us on to complete our MVP for 15%, it came from his 50%. However, this still does not solve the issue. I need a working co-founder.

    If I do ask him to do work, it's always late, has spelling mistakes, is done half-heartedly, has different fonts etc. His excuse was always either financial pressures or just tiredness, but I literally had a serious illness and no income and still worked hard on this.

    We are still about 3 months from launch, but I can't continue like this. I want to have another conversation with him tomorrow about us finding a co-founder to be a COO, i.e. a 2nd version of me and that person can take more equity from him so that he then becomes an advisor on the board.

    Is this the right approach, or are there any other suggestions? The shares vest after one year in the firm, which is June 2022.

    The business is based in Nigeria.

    submitted by /u/ZookeepergameOver858
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    What happens to unissued shares at acquisition?

    Posted: 28 Feb 2022 07:54 AM PST

    Say there are shares in a company's ESOP that haven't been issued when a company is going through an acquisition.

    Does the company rush to distribute them among employees? Do they terminate, resulting in reverse dilution for all shareholders (investors & employees)?

    Any insight would be appreciated!

    submitted by /u/ivybeleaguered
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    Accelerators for manufacturing companies?

    Posted: 28 Feb 2022 06:19 AM PST

    Hello, I'm new to accelerators and I'm looking for one that would be a good fit for an advanced manufacturing company with an innovative approach to recycled green nano materials. I'm from a manufacturing background and have multiple other successful manufacturing companies but I think this latest company would benefit greatly from an investor network and exposure to a larger audience. I'd also like to be able to fund a few pieces of critical equipment without incurring debt right off the bat and seed funding can help me set up a facility in a much more competitive way

    However most accelerators seem geared towards tech start ups, are there any that accept more traditional businesses in industries like manufacturing but have innovative and profitable solutions to problems facing the world

    submitted by /u/bballzack711
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    Deciding between a US based manufacturer or abroad - need advice

    Posted: 27 Feb 2022 08:54 PM PST

    I have a prototype from a product that was discontinued but I have small adjustments I want to make with it - and use a better material. It is in the camping industry. I want to move forward on finding a manufacturer to produce my product, but I'm struggling between deciding whether a US based manufacturer is better rather than Asia. This is my first time doing anything like manufacturing. My sense is doing business with an American company would be better because most likely the time zone is workable, since I live in the US, plus English is my native language. I know the profits wouldn't be as much, but working with someone in another country seems daunting. Any one have advice? Could I switch to Asia once I better understand how this manufacturing business works?

    submitted by /u/redredlamp
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    Likelihood of going public

    Posted: 27 Feb 2022 10:26 PM PST

    I've recently starting interviewing with start ups. Two that I'm interested in are well funded through several rounds, one further than the other. Both offering rsu's in total comp packages.

    What is the likelihood of sctually going public? Is there a small sliver of relatively successful start ups that actually do, or is it a real possibility?

    I'm not as well versed on the topic and just look at companies that have seemingly been around forever going public last year (poshmark, legalzoom, nerdwallet, roblox etc) and can't help but wonder if its a pipe dream or a true reality to consider when it comes time to negotiating salaries and equity. .

    submitted by /u/Ok-Fig8419
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