Company launched a great product in China and I’m helping them distribute in the US.

For about a year now I’ve been helping develop and launch their product here. In general it’s an interactive striking pad that attached to a heavy bag or whatever else you can put it on.

It all started when I tracked down the company after seeing a mostly successful crowdfunding campaign that only launched in China. I bought a few and quickly fell in love with it.

After that I helped them iron out the bugs and get it ready for a US market.

And now it’s ready. The app works, the product itself is great and super durable. The only problem is that I don’t have the money and/or time to really go all in.

It’s definitely a product that has a market. And almost all the feedback I’ve gotten is positive. I’ve posted it on several subreddits, more because I just think it’s cool.

My main hurdles are: 1. A site to sell them /online orders. I’ve been doing email orders, but that seems to turn people off. 2. Product marketing, it’s a straightforward enough product. But for some people it needs to be experienced to really get it. 3. Lack of recent events and conventions. Normally I go to a lot of conventions with a group I help run. But those are all canceled. 4. Money. If I had the capital to buy a few myself, I could more easily sell them. 5. Video content. The content that I’ve shot so far is okay in the sense it showcases the product. But it definitely lacks any kind of professionalism.

I’m open to some kind of partnership, especially if it’s someone with a complimentary skill set. This product is ready to go and has a lot of potential. It’s overwhelming to try and do it myself. With help I think I can make some headway.

Any feedback or ideas are welcome.

Again, refer to my profile to see what the product does. As far as I know, I’m the only one in the US who has one. And the company itself doesn’t know how to break into the US market. But they do want it to happen. I just can’t do it alone.

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Startups – Rapid Growth and Innovation is in Our Very Nature!

Great AI Startups Needed In The Defense and IC Ecosystem: Join DIMF TechTalk 5 Nov 2020 – CTOvision

Great AI Startups Needed In The Defense and IC Ecosystem: Join DIMF TechTalk 5 Nov 2020  CTOvision
“startups when:1d” – Google News

Disney’s trouble with Oswald the Lucky Rabbit is a great lesson for startups in a crisis – The Next Web

Disney’s trouble with Oswald the Lucky Rabbit is a great lesson for startups in a crisis  The Next Web
“startups when:1d” – Google News

Great first jobs out of college for entrepreneurs/someone that wants to have a startup???

Hi!! I’m an entrepreneur, and I actually own a small seasonal business. I graduated from college in May. Business is amazing and I think I can do it full time if I have 1 more year to grow. However, in the mean time I obviously need a full time job with benefits.

I accepted a role with a huge tech corporation as B2B outside sales, but because of covid it’s turned into cold calling on Zoom all day. I’m learning a lot but the tunnel to outside sales after training was 4 months but now they’re saying we could be doing this for a year. I feel dead inside. I know I was made to be an entrepreneur and this job is a grind, sucks all my time, is discouraging and partially unethical.

I’d love to look into other options that would set me up well to run a company/start another one soon, but I’m just at a dead end. I don’t love marketing, I’m really just entrepreneur through and through. I love wearing different hats and working with all different people on all different projects. Anyone got any positions or jobs that I might not have thought of? I appreciate it!!

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Startups – Rapid Growth and Innovation is in Our Very Nature!

I have a great startup idea but I’m afraid it’ll be stolen when I approach investors for seed funding. What can I do to protect it from idea vultures?

After many years working for others, I have thought of a great idea and are currently writing the business plan. While I educate myself about the startup world and how to find an angel investor or someone willing to invest on the idea before the algorithm is built, my biggest concern is that during one of these pitches someone experienced in the startup world will steal it and launch it before I even have a chance. I don’t have the financial resources to fight something like this. My idea does not yet exist in the market. What can I do to safeguard it?

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Startups – Rapid Growth and Innovation is in Our Very Nature!

What’s a great course/resource to learn the necessary math & financial knowledge to run a startup?

Hey guys,
in order to prepare for starting a business, I'm looking for a course that gets me up to speed with all the basic mathematical and financial knowledge needed to start and scale a company. I have a blindspot in this field and I want to change it – in order to make better decisions and be more confident.
Important: it should be practical, hands-on, and focused on what's really needed in day to day startup life (not too academic).

Is there anything you can recommend?

Thank you!

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Startups – Rapid Growth and Innovation is in Our Very Nature!

Should I hire this guy as designer #1? (Great skills, okay attitude)

I just raised a seed round for my startup, and have been looking for my first designer. I legit think of it as the single most important decision I'll make in this company's first 24 months — this person is gonna have such an impact on the product.

I've spoken with 50+ people and done ~20 portfolio reviews with a friend designer who's helping me run them.

We ran one with this guy. His work was amazing — great process, great UI. Stellar prototypes and interactions that he coded himself. He also seems to have high maturity as a potential manager. My friend's verdict was "fuck yes."

Mine was "no," because I got weird signals about this guy's attitude. For example, at some point I shared a screenshot of the homepage of his current company, which isn't great. He said "thank God marketing isn't my responsibility." That seems like the wrong attitude to have as a designer of a company that's only 40 people (and much smaller when he joined).

At another point, I asked a question about a terrible button in his product — no label, and apparently you had to long press for it to work, with no indicator of that. He said that he agreed it was terrible, but the engineers made it this way because of tech debt or something. Again, not an owner's mentality.

I also noticed he hardly ever smiled during our 2.5hrs of conversations. Seems to take himself super seriously.

Am I putting the bar too high? Should I move to the next round of interviews with this guy, or just pass on him now?

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Startups – Rapid Growth and Innovation is in Our Very Nature!

Palantir’s concentrated governance is great for execs, but what about shareholders?

A few days ago I wrote down a few notes making a bullish case for Palantir, searching to find good news amidst the company’s huge historical deficits.

Heading into the next phase of Palantir’s march to the public markets, I was very curious to see how the company would hone its S-1 filing to give itself the best possible shot during its impending debut.

The Exchange explores startups, markets and money. You can read it every morning on Extra Crunch, or get The Exchange newsletter every Saturday.

And we finally did get a new S-1/A filing, a document that our own Danny Crichton quickly parsed and covered. What he found was a set of amendments that seem to increase the chance that three Palantir insiders will control more than 50% of the company’s voting power forever, possibly making it a controlled company which would loose the firm from select regulatory requirements.

Danny dryly noted that “given the diminished voting power of employee and investor shares, it is possible that these voting provisions will negatively impact the final price of those shares.” That’s being polite.

Mulling this over this morning, I kept thinking about Snap, which sold stock in its IPO that gave new shareholders no votes at all, and Facebook, which is controlled by Mark Zuckerberg as his personal fiefdom. The two are not alone in this matter. There are a number of other public tech companies that provide certain groups of pre-IPO shareholders more votes than others on a per-share basis, though perhaps to a smaller degree than what Facebook has managed.

It feels like many startups (and former startups) have decided over time that having material shareholder input is a bad idea. That, in effect, they must run companies as not merely monarchies, but unquestioned ones to boot.

I am not entirely convinced that this is the best way to create long-term shareholder wealth.

If you are on the other side of this particular fence, I understand. After all, Facebook is a global juggernaut and Snap has finally managed to eke out stock-market gains to bring its value it back where it was around when it went public. (A three-year journey.)

But those arguments are only so good. You could easily argue that the two companies could have done much more with less self-sabotage (Facebook) and a bit more spend discipline (Snap).

Startups – TechCrunch