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How can i proceed with my startup with out a Tech Co-founder ?

3

Answers

Assaf Ben-David

Mentor, Entrepreneur, Lawyer, Public Speaker

Your question is clear and understandable, but you either need to pay for the services, or give away equity - talented and trustworthy people won't work for free - nor should they. The only question that remains is how can you develop the platform while paying less or giving away less equity. Answers: 1. found a co-founder whose only role is the development of the platform for a relatively low amount of equity and no voting/management rights. 2. Pay beginner programmers who are looking to gain experience (cheaper costs). 3. I know a development company that might be willing to create the platform for you in exchange for a relatively low amount of equity. Additionally, you can draft the agreement so that the equity is given in stages - based on the work that you do. the only costs that you would have is for drafting the legal contract because they insist on having their lawyer do the legal work and he charges payment (half upfront and half after the work is complete). The programming company also offers a "buy-back" option - this means that if within x amount of months you want to buy back your shares, you can do so, but at double the value of the programming costs. Let me know if this is relevant. Good luck I've successfully helped over 300 entrepreneurs, startups and businesses, and I would be happy to help you. After scheduling a call, please send me some background information so that I can prepare in advance - thus giving you maximum value for your money. Take a look at the great reviews I’ve received: https://clarity.fm/assafben-david

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Fendy Sutji

www.palmoilproduct.com

U can look at Angel.co or u can read this https://medium.com/@chris_boucher/top-10-best-online-platforms-to-find-an-investor-for-your-startup-b7c1ac38a5b7

Stuart Briscar

Helping Athletes & Leaders Achieve Mental Clarity

Several years ago, I manufactured product and stumbled upon a website called RangeMe. I assume there are others like it. With this platform, I could post my products and their wholesale cost and margins. Then, retailers and distributors could see my products and choose whether or not to engage with my brand. I'm sure the process has changed a little since I last used it in 2017, but it was very helpful for my in finding new wholesale accounts.

David Favor

Fractional CTO

Best to explain why you're asking + provide a URL explaining your purpose/business. Many times successful prefer to remain anonymous. You're asking for highly private information to be posted in a public forum.

Assaf Ben-David

Mentor, Entrepreneur, Lawyer, Public Speaker

Hi, Legitimate question. Business wise, it would not make sense to train someone who you know - in advance - is going to be a competitor. That said, there are so many competitors in the industry that you are talking about, so this makes what your partner is doing a little less strange. The ideal solution would be to condition the little brother's training and involvement on the following: 1. a minimum time investment in your company - meaning he has to devote x amount of work hours (with no payment or minimum wage). 2. You get a percentage in any future profits he generates through his future business (assuming it is indeed in the same industry/field). So basically, you will be training someone to setup a company in which you also get percentages from the profits, which makes his training an investment, and not a competitor. on a personal note: you could have written your question in 1/4 of the length/space - this is something that you should work on if you're going to be dealing with customers and people (please don't be offended, we learn from feedback, not praise). I've successfully helped over 300 entrepreneurs, startups and businesses, and I would be happy to help you. After scheduling a call, please send me some background information so that I can prepare in advance - thus giving you maximum value for your money. Take a look at the great reviews I’ve received: https://clarity.fm/assafben-david Good luck

Darian Parrish

Innovation and productivity - let's make it happen

This is a question better suited for stackoverflow. If you message me the schema for the two tables I could give you the exact query that you want.

Jonny Rose

I turn people into B2B Sales pros with LinkedIn.

Here’s what you could do using Linkedin: 1. Find and create a list of target prospects: There are 550 million LinkedIn users. With LinkedIn Sales Navigator, you can create a list of target people who *fit the right criteria* of prospects that might buy your bathroom product. 

 You can filter by GEOGRAPHY (e.g. country, state, etc), INDUSTRY (e.g. Hospital & Healthcare, Health, Wellness & Fitness), JOB TITLE (e.g. Director of Facilities, Head of Janitorial Services, Chief Procurement Officer, etc). In seconds, you could have an immediate overview of all the people you could possibly sell your bathroom product to.
 2. Contact and message them: Now that you have you list you can start doing ‘prospecting’ or ‘outreach’. You can use LinkedIn to directly message these people and tell them about your bathroom product.
 3. LinkedIn advertising: If you prefer not to spend time contacting people directly, you could instead create LinkedIn adverts that advertise your products that are only shown to the people that you found in Step 1.

This will save you the effort of having to manually message hundreds - or thousands - of people (as in Step 2). Instead, you can pay to display adverts instead. This will save you time, however it will cost you more money upfront as you have to ‘pay per click’ or ‘pay per impression’ for your ads. Am happy to talk further about all the ways you could use Linkedin to do some target marketing. Book a call if you’d like more advice! :)

Ed Carrillo

Organizational Behavior Consultant

The answer to your first question is pretty simple. Basically you are talking about doing an exclusive deal on a (hopefully pattented) item, or just slapping another companies logo on an item which would be a custom label or private label. White label usually refers to SaaS. Cases are all around you. This just happened to me at Walmart. The Ragu brand and GreatValue brand were right next to each other and were in the same jars. Ragu more than likely did a private label spaghetti sauce for Walmart's GreatValue brand. You can also Google - "top private label brands" or other variations of this search phrase.

Assaf Ben-David

Mentor, Entrepreneur, Lawyer, Public Speaker

audio. Good Luck I've successfully helped over 300 entrepreneurs, startups and businesses, and I would be happy to help you. After scheduling a call, please send me some background information so that I can prepare in advance - thus giving you maximum value for your money. Take a look at the great reviews I’ve received: https://clarity.fm/assafben-david

Sales/Job Hunting

Clarity Expert

Hi there, Having started my consulting journey a few months ago and received paid clients, there several ways to drive traffic to your profile (and to answer your question, when you start out, yes you have to drive your own traffic to your profile). The first place to share this website is through your LinkedIn profile if you are comfortable doing so. LinkedIn is the leading business platform that allows you to network with many professionals and potentially drive traffic to your clarity profile. If you have a professional website, I would also link your clarity.fm profile to that website. You also have to ask yourself, why would somebody want to visit my profile? What skills do I bring to the table that is of value to people? After answering those questions, you have to think about how to market to your target audience and grab their interests. At the beginning of your consulting journey, you need to be a "hunter" and aggressively network/seek out the right folks to build out your personal brand. After establishing your credibility, then people will start coming to your site. Happy to jump on a call and help you strategize. Best, Kevin

Vijay Anand

Mentor, with Deep Understanding of Indian Market

The easiest pitch would be to have a base retainer (say 1000$ a month) and then % of revenue increase since the baseline. It makes it easy for them and is far compelling cause you are now a revenue cost rather than a recurring sunk cost. The typical ecomm transaction has 10-12% margins? And then CAC etc has to be amortized. So you'll either have to pitch fora tiny sliver of topline or a % of profits - as that also aligns outcomes where the consultant just doesnt run promotions giving away all the margins and think short term. Given this math, id say 10K a month revenue seems a bit early. Might want to look at ecomm stores that are a bit further along the way, or use pre-recorded content on subscription to tackle this early market (as it potentially) can become your funnel.

zahid masood

Digital Nomad

yes, i know... a very great website where you can find hundreds of documents on any topic for free, but for that buy my consultancy service for 1 minute.

Assaf Ben-David

Mentor, Entrepreneur, Lawyer, Public Speaker

Hi This is a good and common question. The answer depends on numerous factors. Just to name a few: how complicated the project is, how talented the person is, do you want them solely as a service provider (who then leaves at the end of the project) or as a co-founder long term? Additionally, it depends on what the Coder wants (and not only what you want). 1. I suggest that you start by trying to "sell the dream" of your idea to potential coders and then once they show interest, ask them how many shares they want. Then, based on the above factors decide how many shares you're willing to give. 2. Whatever the amount is, be sure to: a. Allocate the shares/right to shares gradually (through vesting) and not all at once. b. Get a waiver regarding the IP rights and an NDA for confidentiality. c. Get copies of the progress as the coder advances. p.s.: if the project is interesting enough *you can send me a pitch/investors deck), I know a programming company that will do the programming (and provide support) for you - for free - in exchange for shares. Your only costs will be the legal costs for drafting the agreements via their lawyer. I've successfully helped over 300 entrepreneurs, startups and businesses, and I would be happy to help you. After scheduling a call, please send me some background information so that I can prepare in advance - thus giving you maximum value for your money. Take a look at the great reviews I’ve received: https://clarity.fm/assafben-david Good luck

Assaf Ben-David

Mentor, Entrepreneur, Lawyer, Public Speaker

Hi 1. I can draft an NDA for you or you can find numerous examples online (although they are not tailored to your specific needs, they should be ok if you want to save the money). 2. Most mentors/experts/investors don't sign NDAs - we/they work with too many startups and have usually heard your idea numerous times before and therefore don't want to be limited. Second, it takes too much time (consider that they/we speak to tens of startups every day...if we had to spend 30 minutes reviewing NDAs we wouldn't get any work done). 3. In 99.9999% of the cases no one will steal your idea. Everyone has ideas, what makes entrepreneurs unique is that they actually implement them. 4. Sharing your idea with as many people as possible will ultimately help you (they will give you feedback, they will tell you if it exists, they will tell you what to improve, and they will criticize you and try pursued you not to do it - and if you listen, then it means you shouldn't be starting a startup anyway). sorry for sounding 'tough' but all the above is the honest truth - and if you want to succeed ask for honesty, not praise. I've successfully helped over 300 entrepreneurs, startups and businesses, and I would be happy to help you. After scheduling a call, please send me some background information so that I can prepare in advance - thus giving you maximum value for your money. Take a look at the great reviews I’ve received: https://clarity.fm/assafben-david

Assaf Ben-David

Mentor, Entrepreneur, Lawyer, Public Speaker

Send me you c.v. and I'll review it (for free) and tell you how to improve it. If relevant, I will also refer it to a few people. Good luck I've successfully helped over 300 entrepreneurs, startups and businesses, and I would be happy to help you. After scheduling a call, please send me some background information so that I can prepare in advance - thus giving you maximum value for your money. Take a look at the great reviews I’ve received: https://clarity.fm/assafben-david

Assaf Ben-David

Mentor, Entrepreneur, Lawyer, Public Speaker

No one, including experts like myself, can really tell you if an idea is viable. The only way to really know is to validate the idea in the market. Look at my full answer on how to do this here: https://clarity.fm/questions/6423/how-do-you-do-market-research I've successfully helped over 300 entrepreneurs, startups and businesses, and I would be happy to help you. After scheduling a call, please send me some background information so that I can prepare in advance - thus giving you maximum value for your money. Take a look at the great reviews I’ve received: https://clarity.fm/assafben-david

Khaliq Noor

Computer Expert

Dear. there are many online tools/sites to analyze a website, technology, theme, plugins used. Try https://builtwith.com

Assaf Ben-David

Mentor, Entrepreneur, Lawyer, Public Speaker

There is an Israeli company/startup that specialized in this - Brayola - they recently got sold to another company (try Google them) - partnering / using their service would be one of your best options because otherwise you have to create your own system/technology which is both costly and time consuming because (as you said) each company/country has it's own sizes. I've successfully helped over 300 entrepreneurs, startups and businesses, and I would be happy to help you. After scheduling a call, please send me some background information so that I can prepare in advance - thus giving you maximum value for your money. Take a look at the great reviews I’ve received: https://clarity.fm/assafben-david

David Favor

Fractional CTO

Yes. Sell products in their own jurisdiction. In other words, sell... US products on Amazon.com then Canadian products on Amazon.ca, etc...

Jeremy Katusak

https://coldeyes-engineering.com/

We would need to calculate the total running wattage. It would also be useful to have the starting wattage for each component as it could restrict the number of components that can be turned on at once (or even the order in which they are turned on). Feel free to give me a call and we can walk through the generator sizing calculations.

Assaf Ben-David

Mentor, Entrepreneur, Lawyer, Public Speaker

Hi This is a good question. I think that the best use of your old email list depends on "how" you got the emails + "why" people gave them to you (at the time). Examples: did they buy a product? Sign up to a newsletter? Contact you? Based on "how"/"why" you got the emails, you can then reach out to them by providing them value (giving them something related to what they wanted when providing your email). For example: if someone bought a product, then it would be ok to offer them similar or complimentary products. If someone subscribed to your newsletter, send out an informational email (and perhaps gently include 1-2 products/services that you are offering). Important notes: 1. Remember to utilize the email you are sending out to its' fullest - invite them to become members, subscribe to your blog, or whatever other method to keep them engaged. You only have on shot. 2. The email should not be spammy - respect their time. 3. Allow for a clear and easy unsubscribe method and unsubscribe anyone who asks. 4. Use 'cool'* and friendly wording (and stay short and to the point) (* unless it's health products/services etc). 5. As for the open rate, this is a whole huge subject and not for this answer. I've successfully helped over 300 entrepreneurs, startups and businesses, and I would be happy to help you perfect the above advice. After scheduling a call, please send me some background information so that I can prepare in advance - thus giving you maximum value for your money. Take a look at the great reviews I’ve received: https://clarity.fm/assafben-david Best of luck

Aswini palo

Expert in Paid Marketing Channels

10,000 email address is a good number. You can target them through multiple ways. You can upload the entire list along with first name, last name, location, contact number(if available), email id etc. on Facebook and can target them through Facebook and Instagram. The same can be implemented through LinkedIn as well. But LinkedIn will be bit expensive. You can add a remarketing pixel in the website and they can be targeted through Google as well.

David Favor

Fractional CTO

Tip: You'll likely generate far more income, spread across far more clients, working freelance. I've been working as a Fractional CTO for decades. If 1x client drops out, there's another 10x on my waiting list. Or, if I require a cashflow boost, I just take on a few additional clients. Working for 1x client you're looking at a 6 figure income. Working for 100x clients, you can easily hit 7+ figures. Tip: Book calls with Clarity folks you have affinity with (their answers make sense). Provide them details of your experience. Ask them how they'd tool their offerings to produce whatever target income (monthly net) for a given amount of time (hours/week) worked.

Troy Glancy

Clarity Expert

Personally I stopped using amp pages. Sure, it speeds up your site a little bit if it's a blog but I feel they're a worst user experience than having your regular site load on a faster server. The reason you're most likely seeing a high bounce rate because if someone is reading on Google News they can scroll though though the amp articles by swiping.

Assaf Ben-David

Mentor, Entrepreneur, Lawyer, Public Speaker

Hi The concept is more or less as I explained in my answer here (on Clarity): https://clarity.fm/questions/6423/how-do-you-do-market-research After you schedule a call, you can send me the specific details of the venture (who are the service providers, what type of students, your business model, etc.) and then during the call I will explain to you, step by step, what is the most effective way to do your MVP. p.s.: just to be sure, you first need to validate your idea - this is like a mini MVP or Proof of Concept (POC). I've successfully helped over 300 entrepreneurs, startups and businesses, and I would be happy to help you. After scheduling a call, please send me some background information so that I can prepare in advance - thus giving you maximum value for your money. Take a look at the great reviews I’ve received: https://clarity.fm/assafben-david Good luck

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