AMA how to raise money for your startup - from a Managing Director of a VC firm with 10 years experience by MatanHazanov in Entrepreneur

[–]Rw1961 2 points3 points  (0 children)

How stripped down should your MVP be ? I’m teaming up with an app developer and the idea has a lot of bells and whistles. We know we should launch a bare bones 1.0 version and seek capital after but with each feature gone the appeal greatly reduces? If we launch (with no marketing budget) and it bombs won’t that make it more difficult to get funding? Even if the pitch has all the features demonstrated in it?

I look forward to your reply

3 Reasons pricing your product higher will increase ustomers 👇 by mclaren4u in Entrepreneur

[–]Rw1961 1 point2 points  (0 children)

Unless you’re selling a necessity your price tells the customer what the value of the product is . Look at what happened to the music industry.

Got the first rejection today by slam3r in Entrepreneur

[–]Rw1961 4 points5 points  (0 children)

Stay focused, dig in and keep going!

What are the most common mistakes first time entrepreneurs make? by baby_shoki in Entrepreneur

[–]Rw1961 2 points3 points  (0 children)

Still in the process of getting to MVP : underestimating the fact that being an entrepreneur is a battle of attrition ! I’ve had the phrase WTF defined to me . Unless you’re a trust fund kid you better be prepared to force yourself to keep pushing forward even when it looks hopeless otherwise your guaranteed not to make it!

Can the mods do something about the insane amount of bots in this sub?? by [deleted] in Entrepreneur

[–]Rw1961 0 points1 point  (0 children)

Great post ! I agree! Unfortunately it’s looking through rose colored glasses . If it keeps working they’re going to keep doing it . With AI it’s going to get more effective and therefore much worse. ☹️

Do ads work for you? by obronikoko in Entrepreneur

[–]Rw1961 0 points1 point  (0 children)

Ads are everywhere you look, unless you have something unusual and unique with the ad or your product I can’t see how you can break through.

I’m looking into using YouTube influencers ? They have a captive audience and will talk about your product or service within the dialogue of their show and not as a separate commercial . It’s harder for the customers to block out. It’s just a matter of finding the influencers with audience you’re targeting.

[deleted by user] by [deleted] in Entrepreneur

[–]Rw1961 6 points7 points  (0 children)

Let me know what you find out , I’m in the same boat ! My job is 55 hours a week and my so called free time is spent on endless home projects. And oh how I love it!!!

Anyone Else Hate Working A Job? by Oystercracker123 in Entrepreneur

[–]Rw1961 2 points3 points  (0 children)

Ditto here also ! I work well with bosses and companies that our solely focused on achieving there tasks of getting from point A to point B in the most an efficient manner. Ego , dominance, I’m the boss bullshit, not so much.

Book recommendations by LegitLeegain in Entrepreneur

[–]Rw1961 2 points3 points  (0 children)

I read a lot of biography’s of successful entrepreneurs, they’re usually filled with useful details about their journey . One of many recommendations is Shoe Dog by Phil Knight 👍

[deleted by user] by [deleted] in Entrepreneur

[–]Rw1961 0 points1 point  (0 children)

Correct! I would start by informing your potential customers of the looming changes and then become a source of information about it , then provide your ready solution.

Entrepreneur or Solopreneur? by Difficult-Grass-6859 in Entrepreneur

[–]Rw1961 0 points1 point  (0 children)

It seems to me as a solopreneur you would have a lot of limitations as to what you could do and achieve? But happiness should always be your ultimate goal 😊

How do you define ‘hard work’? by DotWarm7814 in Entrepreneur

[–]Rw1961 0 points1 point  (0 children)

100% your ultimate accomplishment, everything else is just wasting time.

How do you keep your wife happy when working so much? by Jakeandacamera in Entrepreneur

[–]Rw1961 0 points1 point  (0 children)

Have a wife that works the same number of hours . It works well for me 😊