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We're offering this $$$ opp, what would it take to make it worth your while?

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We're offering this $$$ opp, what would it take to make it worth your while?

#1

Post by donna »

We have an Alpha version of our service, which needs the last 20% development push to get over the hump to begin generating revenues. We're looking to gather 4 more people.

- someone to help do business development - someone to help do PR & marketing materials - couple more LAMP programmers

We can't pay with cash, so how do we find people who are willing to take the risk? We're thinking of a dividend like model, where investment of time = percentage of revenue stream from the system at the get go.

Curious, what would it take to make it worth your while? Thanks!

Re: We're offering this $$$ opp, what would it take to make it worth your while?

#2

Post by brk »

"Worth my while" couldn't be reasonably computed until I knew more about your company, like:

-Anticipated viability of the company and revenue stream predictions

-Effort (in hours) that I would need to contribute to effect a positive outcome

-Financing model of the organization

-Compensation of other employees in a similar position to effect the outcome of the company

These things factor into the "risk", which affects the appropriate "reward". If I could make a major impact on your company by only needing to invest 8 hours per week, it wouldn't be a tough choice to make the decision to attempt to help out. If however it would take 20+ hours per week, then other things/tasks get requeued to make room to help with your startup, that changes what I would need/want to get out of it to make it worth my while...

Re: We're offering this $$$ opp, what would it take to make it worth your while?

#4

Post by tim2 »

> what would it take to make it worth your while?

1. Alignment of goals - something I really want to see exist in the world?

2. Other people are excited about the product - I tend to feed off of others' encouragement.

3. Belief that this will pay off big.

4. Strong individual recognition for my participation.

5. Those guys already there have to be working at least as intensely as me.

6. Don't want to work with really clueless people.

Re: We're offering this $$$ opp, what would it take to make it worth your while?

#5

Post by donna »

brk wrote: post #2

"Worth my while" couldn't be reasonably computed until I knew more about your company, like: -Anticipated viability of the company and revenue stream predictions -Effort (in hours) that I would need to contribute to effect a positive outcome -Financing model of the organization -Compensation of other employees in a similar position to effect the outcome of the company These things factor into the "risk", which affect…

thanks, helpful input

Re: We're offering this $$$ opp, what would it take to make it worth your while?

#6

Post by donna »

tim2 wrote: post #4

> what would it take to make it worth your while? 1. Alignment of goals - something I really want to see exist in the world? 2. Other people are excited about the product - I tend to feed off of others' encouragement. 3. Belief that this will pay off big. 4. Strong individual recognition for my participation. 5. Those guys already there have to be working at least as intensely as me. 6. Don't want to work with really…

i agree, i'm looking to work with brillant, innovative people

Re: We're offering this $$$ opp, what would it take to make it worth your while?

#8

Post by mkull »

80% of the time is spent in the last 20%. the devil is truly in the details.

Honestly, this post itself is a red flag to me. Please take this post for what its worth (I may very well be wrong), but IMHO if you do not already have the resources necessary to get your startup to market already I think you might be in trouble. Adding people onto a project at the end to get it done, usually ends up in failure. See http://en.wikipedia.org/wiki/The_Mythical_Man-Month

Plus, your going to have to be wayyy more descriptive in order to get an accurate guage of interest. Why not talk freely about what/where your service is here? Doing that alone should get you some good feedback

Re: We're offering this $$$ opp, what would it take to make it worth your while?

#9

Post by jyu »

donna wrote: post #6
tim2 wrote: post #4

> what would it take to make it worth your while? 1. Alignment of goals - something I really want to see exist in the world? 2. Other people are excited about the product - I tend to feed off of others' encouragement. 3. Belief that this will pay off big. 4. Strong individual recognition for my participation. 5. Those guys already there have to be working at least as intensely as me. 6. Don't want to work with really…

i agree, i'm looking to work with brillant, innovative people

you and everyone else
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