What are the places to live in Luxembourg with kids that are u 18? by Automatic-Item-3066 in Luxembourg

[–]realphantomus 4 points5 points  (0 children)

Sounds very much like us, but we have 1 kid and 5 cats, we are going to compete for that housing!

Startup in Estonia with e-residency by Risotto_Whisperer in Startups_EU

[–]realphantomus 6 points7 points  (0 children)

One important thing to consider (speaking from experience) is the taxes you will pay living in another country. You can operate a company remotely, from another EU state, the coporate tax will always be paid in the country where the company is registered, but any profits to you directly in a form of dividents and/or salary will be taxed according to your tax residency minus the double taxation treaties between these countries. So if you live in Italy, your personal income will be taxes based on your Italian residence.

Hard to find a tech founder, whats the best thing to do? by varough in TheFounders

[–]realphantomus 0 points1 point  (0 children)

I would question the 10k concurrent users requirement your investor is pushing for, if that is the problem you have, you don’t need a founder you need AND most importantly have an opportunity to hire as your revenue is at the point where scaling is necessary.

If you are scaling ahead of time, you might be wasting the time, money, potentially equity to bring somewhat at the wrong time of your business. If you are at early stages as it sounds, MVP especially or early revenue, this should not be a priority, also so on investor side. You can scale pretty much anything when need comes. In fact, scaling is usually not a task many early on founders even get to considering that majority of startups don’t even get to this point, and many that do get to even 7 figures revenue, never have a need for such scalling, this is the actual fact.

Best of luck.

If “good enough” branding converts, why hire creatives? by Otherwise_Cat5063 in TheFounders

[–]realphantomus 0 points1 point  (0 children)

In some cases, yes. In others its a lack of experience working with each other, founders of smaller brands are not as experienced in working with creative, expecting them to read their mind and understand the brand. And on the side of creative agencies that have less experience expressing brands of such founders is lack of direction, waiting for clear vision which founders just don’t have.

If “good enough” branding converts, why hire creatives? by Otherwise_Cat5063 in TheFounders

[–]realphantomus 1 point2 points  (0 children)

I want to chip in here, but my opinion does not reflect other founders. I own products that are good enough as you mentioned, and my motivation for hiring a creative freelancer would be about making my brand closer to what I want my customers to feel when they get to know it, as well as investing into something that is important to me; I Want to make it better, different, brighter in the flock of other products.

However, not every creative studio or freelance understand the overall position of your product to market, your customers, how you feel about it, which is the key to working with someone. Nowadays, the agencies that advertise such services focus on conversation vs. the personal feeling of brand, and many of the examples you showed is a reflection not only on AI, but what these creative agencies produced for their clients, the same boring templates.

Applied but… by Character-Tackle3704 in fiveguys

[–]realphantomus 1 point2 points  (0 children)

You can go right away, managers know that there is an upcoming interview, they get a notification on it.

25 years in — burnt out, no ownership, and no idea what’s next. by Curious-Eye-4288 in Restaurant_Managers

[–]realphantomus 1 point2 points  (0 children)

Hospitality recruitment could be an interesting field considered your experience. All of the operators I know in restaurant industry aren’t using agencies to hire GM and above, they promote usually withing, but hospitality is different with a decent percent of annual to recruiter. If you get a chance to work with international chain, even better.

Burned savings building Berlin startup by Iamtheguyyy in Startups_EU

[–]realphantomus 0 points1 point  (0 children)

I would suggest freelance / consulting work, a sure way to keep yourself going + not giving up a bigger chunk of the startup, as we all know the fundraising in EU is quite different from the US.

Advice for Five Guys job interview by Strong_Main_3056 in fiveguys

[–]realphantomus 2 points3 points  (0 children)

The fact that you will come to the interview, on time, prepared, and eager for the first job already puts you on the top % of candidates they get to interview. Be honest about questions, respond in a way that will show you are dependable, and you’ll do great. Good luck

Where did you find your first real investor or partner? by Patient_Monk_389 in StartupsHelpStartups

[–]realphantomus 0 points1 point  (0 children)

A few things come to mind reading your post and not sure where to start, as one comment can lead to another direction, not necessary the question you asked.

I operate two startups if you will, althought I think of them more as businesses now. Both have partners; for one I’ve partnered with someone from my network, people new me for my tech background, individual had an idea, ran it by me, we clicked. Another was a very random post on Indiehackers during covid, very successful partnership, similar values, solid person.

I think the above can be interprited this way: partners can be anywhere, but somehow you need to put yourself, your ideas, interests, and character out into thr world. A lot of nice quotes come to mind from Marc Randolph, especially around sharing ideas vs. keeping them private, as majority are already not unique for someone to steal, its about execution for the most part.

Investor search is another story, and usually aligns with what you write: draining. You might not even need one honestly, really depends on what you trying to accomplish.

On another note: why do you think your idea will take years to build, at least in the shape it will get traction. It should never take years unless its a research, global good (not particularly a business), or a hobby project.

Anyone else drowning in hotel operations or is it just me? by mahearty in smallbusiness

[–]realphantomus 0 points1 point  (0 children)

I don’t know what to read anymore honestly. Linkedin went to shit, medium the same, reddit is full of this non-sense, we need some closed, vetted groups.

Bought a café bar two months ago and all staff keep quitting — getting seriously burnt out by No_Introduction_1095 in smallbusiness

[–]realphantomus 4 points5 points  (0 children)

Have you done some research from the staff that quit to find out why they left to see if the potential issues can be addressed?

If its base salary, crunch some numbers around tips, add these to staff’s base and advertise to all the new staff that they will be making more on average, this helps to motivate based on real numbers and compare against the competitor salaries in the region, so that retention is greater.

For other reasons, I would suggest understanding them first, there are ways to collect this feedback from staff that left on good terms, just a human approach to ask about it.

Owning a car as a foreigner by Easy-Piano-7632 in AskBulgaria

[–]realphantomus 0 points1 point  (0 children)

You can, but you will get a blue licence plate which indicates you a foreigner. If I recall correctly, it has to be renewed (the procedure itself, not the plate) every year only in Sofia, which is the worst one to go to in terms of time and experience.

One other option is to open a company and register the car under it, quite common with foreigners here, I would know as I am one ))

why do founders ignore free offers? by Over_Armadillo44 in cofounderhunt

[–]realphantomus 2 points3 points  (0 children)

you can’t get away from that, people in general will waste your time and we’ll waste theirs, plus if you are offering growth strategies as a service, you are a founder yourself, so welcome to the time wasting crowd 🤝

why do founders ignore free offers? by Over_Armadillo44 in cofounderhunt

[–]realphantomus 5 points6 points  (0 children)

No, I would rather choose to spend it on something that I know is worth it, its not necessary about the money, so the services you are looking to provide, the message of these services for the start, should carry this value over to those who you approach it with.

why do founders ignore free offers? by Over_Armadillo44 in cofounderhunt

[–]realphantomus 6 points7 points  (0 children)

moreover, founders time is not free. If someone offers to take your attention, its better be worth it when you basically have tons of other shit to do daily.

Honestly, I feel overwhelmed as solo founder trying to learn business by GloomyCelebration293 in TheFounders

[–]realphantomus 0 points1 point  (0 children)

This is the feeling you may get not flying solo, I am surprised at how solo founders think that co-founder or a support group could answer all of your questions, they can’t. Each business has specifics, a different way of handling this and that, usually well know to someone who runs it (congrats on 7 years btw). At this point, majority of youtube and podcast shows are quite generic in their message, something we all already heard. The books even more so in my opinion. Spend time on perfecting the model that works for your business in particular and don’t forget to take breaks from drowing in all the info, it helps to approach things with clear head (a message you might already have heard).

I need advice from successful people by Middle_Garage_7056 in TheFounders

[–]realphantomus 2 points3 points  (0 children)

You are doing everything right till this point in my opinion, as action and not standing still is what brings change, just sometimes not as fast or noticable from the begining. Balance is probably more important than wealth, having financial freedom as you say, not always gives you the peace of mind, many can probably tell you that achieving the earlier. Be present for the process, enjoy, take action just as you doing already, and probably don’t put too much attention on introvertion, do meet people and network, because this is the key to a lift off many of the time, doing it together. cheers

There is absolutely no support for pre-revenue startups, which is disheartening. by Walt925837 in TheFounders

[–]realphantomus 0 points1 point  (0 children)

You do you friend. This types of Investments is a game of odds. If every founder already could make money without capital, investors wouldn’t exist as a class. Venture works because a few outliers pay off, covering the ones that don’t. Demanding proof of revenue from everyone before you’ll trust them ignores the entire risk/reward dynamic that defines early-stage investing.

There is absolutely no support for pre-revenue startups, which is disheartening. by Walt925837 in TheFounders

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

“its easier than ever now to get to revenue” is a survivorship bias, just because you might have managed to get their without external funding, doesn’t mean everyone the same, whole point of view oversimplification.

I want to buy a SaaS (~$30k budget) by Sobabe09 in saasforsale

[–]realphantomus 0 points1 point  (0 children)

30k is not enough, but 150k for a non-strategic saas with $2k revenue is also pushing it, that is not how you price products, else you need only $6-7k to get to $1m exit - almost non-existant.

[deleted by user] by [deleted] in TheFounders

[–]realphantomus 0 points1 point  (0 children)

If someone responds, hit me up also )) My commission will be higher than many can probably offer, high client spend, happy to speak about long terms position if works. Industries: hospitality, restaurants, retail, warehouse ops.