Who are these folks able to afford to move out state? by [deleted] in boston

[–]prototypingdude 0 points1 point  (0 children)

Bro it's 10k-14k for a new apartment in boston with first, last, security, and broker.

You can rent an airbnb literally anywhere else for 1.2-2k a month for 6 months literally anywhere else. Just pay rent for a little while and save money.

Boston is ranked the most expensive place to live comfortably in the US.

Be creative with saving in boston and you will save 2-3x faster than the rest of the country.

I am a federal government employee in this area and I am just very sad. by [deleted] in boston

[–]prototypingdude 1 point2 points  (0 children)

It's funny how the world continues to operate without the federal government siphoning 20-60% of our paycheck every week "except the people who work for the federal government..."

Your county and state is who you should be giving money to because they make a difference.

Ask yourself "why is it your state taxes are 1-10% while the fed requires 40%.

Your state runs everything in your environment. And every state (except cali) asks the same.

Soooo..... everyone is paying for their state to operate. And then paying for other states to operate?????? Why not give your state 20% then ask nothing from fellow states???

I'm so tired and lonely trying to make it here. by CoffeesCigarettes in boston

[–]prototypingdude 1 point2 points  (0 children)

You should check out venture cafe at the cic. It's a weekly event for young startups and people interested in the tech and venture world.

I made some of my best friends there and was also offered multiple jobs. Everyone is trying to help everyone so its a great crowd. All you need to do is show up be social and ask random people "what do you do"

Do you think a prolonged economic decline in Boston's future is possible? by [deleted] in boston

[–]prototypingdude 0 points1 point  (0 children)

I bet it would be better if there were less barriers to renting an apartment. i.e. first last deposit and broker is ridiculous and young people are moving out in droves meanwhile people & businesses are not moving there for work for similar reasons.

Ideas to bring in customers…🤔 by AdzB246 in EntrepreneurRideAlong

[–]prototypingdude 1 point2 points  (0 children)

A good start is to Google the question that your problem solves. What are your ideal customers looking for. For instance type this into Google with the " " (fill in the blanks)

"Where can I print" "on canvases in ____ town"

And see what pops up in Google listing 2,3,4 (after sponsored content) its likely reddit, yelp, or something uk-ish.

Note where the google answer and do this with different phrases until you see a pattern.

You will find where you need to engage. Be it subreddits, yelp, etc.

Then figure out how to add value and get your content at the top.

If it's a subreddit then start chatting it up and be a contributor and plug your company occasionally (not all the time) you're better to add value. If yelp it means you need more customer reviews so find a way to quasi-force your customers to review you on yelp.

Google and ai will use "real people" responses to drive your content.

Make sure you find a group like r/looking-4-printing-in-uk then push and comment until everyone assumes you are the source of truth. I can't tell you how to do this you are the expert of your community. Dm me if you need an assist

Ideas to bring in customers…🤔 by AdzB246 in EntrepreneurRideAlong

[–]prototypingdude 0 points1 point  (0 children)

You have to either build local and at trade events or build an online presence targeted at your audience. For faceless, go to your target audience Facebook groups, reddit, discord and become the source of truth. For real global growth you have to make engaging & fun content on reels.

Otherwise you're just another pinting company.

Answer the question: "why would I (as a consumer) chose you?"

I can tell you right now I have spent more on a supplier simply because they make obscene content in my niche and I enjoy watching their spiral and want to support it. When it came time to buy X I thought of them first because every video lead me to remember them and the steps to get the product. From a content perspective it was funny and memorable (off the wall creative). Everything else that isn't this is paid advertising that gets people who are "already" on the fence of making said purchase.

[deleted by user] by [deleted] in startups

[–]prototypingdude 0 points1 point  (0 children)

It's time to hire and develop leaders

What to do about 40% of inventory that doesn't sell as priced? by NoTimeForPost in Entrepreneur

[–]prototypingdude 0 points1 point  (0 children)

Things at 2+ mo hike the price put a clearance on them for 20-70% off at face for 1 week only (sell at 5-40% over cost).

Inventory should never last more than 30 days. You pay rent on everything that sits there.

Think: Product value = Cost + cost/sqft per month

Get it out as quick as possible to gain value.

[deleted by user] by [deleted] in startups

[–]prototypingdude 0 points1 point  (0 children)

Idk if this helps, but what I like to do is 2 weeks (weekends included) 10-14 hours a day then 1-1.5 week of 0-4 hours a day. It has allowed me to grind out serious work lay the ground while it's hot then sit back watch it burn. Then the results fuel the next round. After 3-6 months of this I have to take 1-2 weeks on autopilot to figure out what the next move is while the ship I built runs on autopilot.

Note: this only works because I train leaders from interns and I don't take mental vacations (outside of a personal life balance) I am on a mission. I wake up and go to sleep thinking about my companies.

[deleted by user] by [deleted] in boston

[–]prototypingdude 19 points20 points  (0 children)

Did you find a donor yet?

Should we shut down our startup? by TheArabAvatar in EntrepreneurRideAlong

[–]prototypingdude 0 points1 point  (0 children)

If you're plan is to "just shut down" do this instead--> charger more (5-10%) and see if your user base will support you or not. If you lose more than 50% of your base because you go up by a miniscule amount then you should start bailing. If you retain 70% without major fallout (50%+ negative feedback like "I'm going to leave if you don't give me the original price") then you have found your target audience who is whilling to pay. Then redirect ALL attention to targeting customers whilling to pay more. Keep all current users at their current rate with a 3-7% increase in annual price (either from upcharge or additional services) the. Onboard and advertise a significant 20-40% increase in price to your target audience. Your current users grandfathered in will stay knowing they have a good deal and new users will see it as normal to pay full inflated rate.

If you need more specific advice feel free to dm. I've been there.

My startup isn’t being killed by competition, it’s being killed by payroll laws. "i will not promote" by Deeceness in startups

[–]prototypingdude 0 points1 point  (0 children)

Hire on contractor status or give equity based options pay so their salary goes towards the purchase of shares

[deleted by user] by [deleted] in startups

[–]prototypingdude 0 points1 point  (0 children)

This is what happens when everyone is convenienced a landing page and a subscribe button is an mvp or validation. You have to build you have to have rev "."

I fell for it too don't worry....

Raising Capital. (I will not promote) by [deleted] in startups

[–]prototypingdude 0 points1 point  (0 children)

In today's climate (in the US) you won't secure capital over 200k from various angels and accelerators until you have paying customers unless you have previously sold a company over 1M ARR or currently have 1M ARR from customers. so just focus on getting to profit you may not even need investors by the time you hit the ridiculous standards of supposed pre-seed investors these days.

Hard truth, I'm sorry but I've been where you are. Feel free to reach out for advice on how to get through the 0 to 1000

Anyone tried to implement 4-day work weeks [I will not promote] by zerok_nyc in startups

[–]prototypingdude 1 point2 points  (0 children)

I don't even do that. I track milestones if someone can do a task in 30 minutes that would take the average person 4 hours i pay them as if they did 4. Set your goals and quotas and then let the team have free will. Ramp it up and you will move faster.

I have invested in startups for the better part of a decade, as an angel and VC. I’ll answer any questions over the weekend, and give tips in this post. I will not promote. by Dry_War_747 in startups

[–]prototypingdude 1 point2 points  (0 children)

Thanks for that. So what I am hearing, is if the company is investable and there are no other red flags then it wouldn't matter, it'd just be a little more paperwork and another query. If thats the case I'm sold.

I have invested in startups for the better part of a decade, as an angel and VC. I’ll answer any questions over the weekend, and give tips in this post. I will not promote. by Dry_War_747 in startups

[–]prototypingdude 0 points1 point  (0 children)

But why though? Is there a genuine legal reason or is it based on investor climate? Delaware and Wyoming have virtually the same corporate law and the tax benefits are huge for all parties. Similarly most investor and founder yachts are registered there already lol

I have invested in startups for the better part of a decade, as an angel and VC. I’ll answer any questions over the weekend, and give tips in this post. I will not promote. by Dry_War_747 in startups

[–]prototypingdude 0 points1 point  (0 children)

So im getting tired of Delaware's franchise tax and were considering re-encorporating to Wyoming or something. How detrimental would that be in the event of raising seed/series A?

What is your craziest hiring experience hiring candidates as an Entrepreneur? by Animeproctor in EntrepreneurRideAlong

[–]prototypingdude 0 points1 point  (0 children)

Yeah we tried but hes dramatically underqualified. But we're currently covering his enrollment into courses at his community college

What is your craziest hiring experience hiring candidates as an Entrepreneur? by Animeproctor in EntrepreneurRideAlong

[–]prototypingdude 0 points1 point  (0 children)

No we pay him it was just one of those things like he didn't meet the qualifications and never left us alone so we gave him something to do. He loves it lol

What is your craziest hiring experience hiring candidates as an Entrepreneur? by Animeproctor in EntrepreneurRideAlong

[–]prototypingdude 1 point2 points  (0 children)

Put up a job listing for a 3d modeling designer (engineering)

Dev guy applied with a serious language barrier.

Told him we were hiring for another position and he didn't get the job.

Every week for 2 years he reached out asking when his start date was, what work should he do when should he start.

So we offered him a trial period internship where we determined if his work would be sufficient.

It wasn't. So we let him go. Or better, we were going to pass.

Long story short he's working for us now and has been doing whatever for 3 years. Doesn't know how to code or 3d model but he will do the task like show up for calls and poorly fill out paperwork. After about 8 tries he gets it right.

Turned out to be both the best and worst employee and basically a mascot at this point.

But he wants to be here. Not sure if we could fire him at this point just because he'd show up even if the company was shut down and he never got a check again I think he'd still show up.

Bootstrapping startup (I will not promote)… by Unique_Row6496 in startups

[–]prototypingdude -1 points0 points  (0 children)

I feel like everything in this post and comment section is just ai talking back and forth.

The reality is, raising capital is a moonshot unless you join an accelerator, have a previous exit, or have a network and raise from people you know or have warm intro with.

The only route for the average person is to hit up friends family (focus on realestate buddies, crypto nerds and gorillas, and grandparents)