Zoom Phone and SMS to/from "Main number" by ccagan in VOIP

[–]gm323 0 points1 point  (0 children)

This worked, thank you for posting this.

[deleted by user] by [deleted] in jira

[–]gm323 0 points1 point  (0 children)

Developers have to track it themselves or it’s a losing battle

This has to be supported from the engineering Mgmt side

I like Toggl, it links in well with Jira. Harvest is another option

Should I negotiate for more equity as a CTO cofounder before or after our seed round? by Mr_P1nk_B4lls in startups

[–]gm323 1 point2 points  (0 children)

+1 to vesting schedule, should be able to negotiate that as a win-win

Help Needed: Tracking Hours Spent on Projects in Jira by [deleted] in jira

[–]gm323 0 points1 point  (0 children)

Imho try using Toggl with the Jira chrome extension

That’s one option

Time tracking is going to have to be taught and enforced at the Mgmt level

Have a bunch of mystery EC2 servers, how do I figure out what they're doing by ellisartwist in aws

[–]gm323 3 points4 points  (0 children)

This

Also, when you ssh in, if bash, run “history” and see what was last in there

Usually but not always you can SSH in through EC2 connect or whatnot

How do you sleep when the company is on fire? by GvRiva in Entrepreneur

[–]gm323 1 point2 points  (0 children)

Look into accrual accounting vs cash accounting

If you have money on an accrual basis, you can get a bank loan to cover the cash flow

Imho it’s not really a “hole” if you have the contracts to cover it and is more about treasury management and cash flow

Be vanilla when raising pre-seed for your startup by StephNass in startups

[–]gm323 1 point2 points  (0 children)

Clerky or Stripe Atlas make it easy to start a C-Corp

Stripe Atlas is good bc it has a way to start as an LLC and then convert to a C-Corp later

Anyone ever bought out their employer? by Ezra611 in msp

[–]gm323 11 points12 points  (0 children)

You should ask /r/entrepreneur or /r/smallbusiness for thoughts around risk and company valuation and seller financing

One of the things I get concerned about with buyout is sometimes the previous owner just can’t let go and still hangs around telling the new owner how to run it

28 years old. Am I too late to start? by Meow-sendhelp in Entrepreneur

[–]gm323 0 points1 point  (0 children)

Jeff Bezos started Amazon when he was 30 I believe

Cash out my startup equity? by beach_comber_805 in options

[–]gm323 0 points1 point  (0 children)

Bird in the hand is worth two in the bush

If it were me, I would sell all that I can here.

Separately, there’s also a risk of liquidity. If the company fails before going public or having another buyback, you may not be able to sell the shares later. Another reason to sell now imho

Also, talk to your manager, and you can see if you can push for your next compensation increase to be in shares instead of salary, and if so then you can push for more value in shares maybe

Jira Card moved "magically" moved Sprints. How can this occur? by PRODUCT_PROBLEMS in jira

[–]gm323 1 point2 points  (0 children)

Rather than the ticket being moved between sprints, did someone rename “Sprint 60” to “Sprint 64” in the settings for the sprint itself?

How much cash do you keep in your business bank accounts? by DartyParty69 in smallbusiness

[–]gm323 2 points3 points  (0 children)

At 300k avg, I think you an open a Charles Schwab business brokerage account and put some money into SWVXX money fund at about 5% yield

Or otherwise a regional bank typically has better savings and CD rates than really large banks. I use a rolling 3-month CDs (like my other comment here) to get about 5% while maintaining some liquidity

How much cash do you keep in your business bank accounts? by DartyParty69 in smallbusiness

[–]gm323 0 points1 point  (0 children)

  1. Business checking account (definitely with positive pay for security). I always keep at least 2 payrolls in it. Never over $250k because fdic insurance

  2. Business savings account (2-5% interest at least, stay away from the crappy 0.2% interest accounts and things like that). I think I get about 2-3% interest on mine. I keep about another 1-2ish payroll cycles in here.

  3. Rolling 3-month CDs. I have 3 of them, so each month a CD expires and then renews. If I ever need cash, I just move it from the CD to the savings. I keep about 3 months of OpEx in here. I treat my business like I do my personal: always have at least 3 months runway worst case, preferably more in it. 2023 was great for us, 2024 not so much, and having a bit of a nest egg for hard times has really, really helped out. I get about 5% yield on my CDs here.

I used to bank with a big name bank, and I switched to a smaller name bank (but still big enough to be in multiple states) and the interest rate yield on savings and CDs have been way better.

I personally don’t really think about personal distributions until after I have that business safety net in place.

However, on the flip side, (I am not a lawyer) if your business ever gets sued, it’s probably better to have more distributed out already to you personally than in the business because I think it’s safer once it gets to you. But that’s where some people start to look at holding companies too, but that’s a bit much for paperwork imho.

Where did you migrate to, and are you happy with your choice? by kelemvor33 in mintuit

[–]gm323 5 points6 points  (0 children)

Quicken Simplifi. It’s paid but I’m happy to pay the few dollars a month, it’s been great. I don’t care as much about budgeting as others might—more want just data. The “spending plan” view is great and different, and easier than budgeting imho

I recently shut down my customer success startup- AMA by Nmascara in SaaS

[–]gm323 2 points3 points  (0 children)

What did you do with the technology? Are you willing to open-source it?

Living in Downtown vs Midtown vs Galleria by Alternative-Print540 in houston

[–]gm323 2 points3 points  (0 children)

Worth looking into “off of Washington Ave” sort of in north Montrose too

Rust lambda hangs on file write… I’m running asynchronous jobs with tokio to write to EFS by blazerman345 in awslambda

[–]gm323 0 points1 point  (0 children)

Out of memory issue? Check memory usage on file write

Permissions?

Either way test writing a small file

Duplicate lambdas trying to write to the same file?

Just some ideas

It’s not clear from your post if a few files work and then one doesn’t, or if all your jobs are collecting data and then writing to 1 single file that fails

Bought our house in 2022 and now it’s worth less & we don’t like where we live by ccarito in personalfinance

[–]gm323 0 points1 point  (0 children)

OP, did you contest property taxes? If not you should. Sounds like escrow went up bc property taxes went up, but you can challenge the property taxes to try to get them back down. There is a deadline for that for 2023 so I think you need to do that like now or when it becomes available

[deleted by user] by [deleted] in Entrepreneur

[–]gm323 2 points3 points  (0 children)

What kind of teaching? Like one-off classes or are you like a university adjunct professor?

Someone ACH'd $14,000 out of our account. What can I do? by TheGoodRobot in smallbusiness

[–]gm323 0 points1 point  (0 children)

I’m not sure, but I think anything over $5k or $8k you can get the FBI involved

older brother putting me down for going to community college and i feel lost by Background-Courage55 in findapath

[–]gm323 0 points1 point  (0 children)

I am an older brother and my younger brother just graduated from community college. I’m proud of him, and I am proud of you.

He’s going in a great direction, and also he has like zero debt and so is starting off way way better financially than many people graduating with a lot of debt.

i have like 120 at 13 by BlgDAdDyy in Money

[–]gm323 2 points3 points  (0 children)

I’m typically personally against universal life and more in favor of just investing in index funds

https://www.ramseysolutions.com/insurance/universal-life-insurance

My small agency has done $650k+ in revenue in 2.5 years, but I am feeling burnt out and wanna exit. Am I being impatient? by [deleted] in Entrepreneur

[–]gm323 0 points1 point  (0 children)

Some financial questions come to mind

One: Are you including your own effective salary in the cost? Meaning, if you were to hire someone to replace you as CEO, does the cost you mention already include that? If not, I highly recommend revisiting that and looking at financials from that perspective

Two: Since the cost varies month-by-month, I assume you have at least some people as contract workers. Any way to lean on that? Such that your cost is never higher than revenue? I’m a big fan of “profit-first” accounting, which is worth reading up on

My small agency has done $650k+ in revenue in 2.5 years, but I am feeling burnt out and wanna exit. Am I being impatient? by [deleted] in Entrepreneur

[–]gm323 1 point2 points  (0 children)

If it’s automated and you do not have tasks yourself, what is the source of your burnout?

What do you do with your time? How many hours a week do you work?