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A) What did you give up for $650K? B) $650K seems such a low amount of money, it's barely enough to hire 2-3 senior level developers for a year, and rent an office space. I have no idea how you guys launch startups with such small amounts of money.
Without that info, this "story" is not worth much.
A) What did you give up for $650K? B) $650K seems such a low amount of money, it's barely enough to hire 2-3 senior level developers for a year, and rent an office space. I have no idea how you guys launch startups with such small amounts of money.
1) Wear your Company T-shirt heh. I've actually thought about this a lot. I always wear a company shirt, yeah, but I also tend to wear the same clothing all the time, too, on the theory that it makes me more recognizable, and that being recognized is good. My theory (which may, of course, be wrong) is that in branding? being consistent and recognizable is far more important than looking good. But then, I'm trying to…
A) What did you give up for $650K? B) $650K seems such a low amount of money, it's barely enough to hire 2-3 senior level developers for a year, and rent an office space. I have no idea how you guys launch startups with such small amounts of money.
Are you serious?
A) What did you give up for $650K? B) $650K seems such a low amount of money, it's barely enough to hire 2-3 senior level developers for a year, and rent an office space. I have no idea how you guys launch startups with such small amounts of money.
Why would a startup so young would blow their money on hiring 2-3 senior level developers?
Earlier quoted context omitted.
Why would a startup so young would blow their money on hiring 2-3 senior level developers?
Why would they raise money otherwise? Not much point in raising +$500k if you plan to stay solo and coding at home.
This is the kind of thing independent filmmakers would do to raise funds. There was no Internet or VC funds in those days to help. They'd pitch professionals who needed to invest: doctors, lawyers, accountants, dentists, and the like. Do people still go after them to raise funds for tech startups too?
Determined entrepreneurs get money however they can, but mostly pay out of their own pocket or borrow from local banks or credit unions. VC funded businesses are few and far between (except in SF), but seem to get a lion's share of the attention.
1) Wear your Company T-shirt heh. I've actually thought about this a lot. I always wear a company shirt, yeah, but I also tend to wear the same clothing all the time, too, on the theory that it makes me more recognizable, and that being recognized is good. My theory (which may, of course, be wrong) is that in branding? being consistent and recognizable is far more important than looking good. But then, I'm trying to…
Maybe it's just me, but I always thought wearing your company t-shirt makes you look obnoxious, specially if no one has heard of the company.
Giving away a metric ton of shirts can have some other interesting effects. In the early days of my manufacturing company we gave away many shirts to people within the industry. We started getting calls about 'our people' attending events that we did not attend. It turns out that some of our customers really saw other customers at trade events, but there were so many people with our company shirt on that they impression was that we were attending in force - we werent at the trade event.
After giving away 20,000 shirts in a four year period, our customers started complaining about having too many shirts. So the technique does not last forever. It did always amaze me the delight a grown adult would show when they were given a $3 shirt. Almost always a better investment than a pen.
Best ideas: Have a decent looking shirt that people want to wear; change base shirt colors so people can have an option. Some people like blue, some like red. Give them what they want, it doesn't change the cost of the shirt.