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This is one major problem 90% of startups/businesses face. Most entrepreneurs are usually skilled individuals who build products. But what they fail to realize
by rokhayakebe 18y ago
This is one major problem 90% of startups/businesses face. Most entrepreneurs are usually skilled individuals who build products. But what they fail to realize is that now they have to place their product in front of your customers. That is the hard part.
Most startups launch will not be covered by TC, Mashable, RWW....Even when your startup does you cannot guarantee the audience will come back. Why would they? So what does an entrepreneur do?
A few startup entrepreneurs believe they do not need a "business guy" in their team. Well, save the case in which you are building a Google Killer or a super viral app, you do. While you are busy responding to those 50 hard core users and not the 5k who signed up and never came back, the business guy is supposed to be busy creating and/or attracting business.
That one guy should be the one selling your product, looking for distributions deals and spend his time emailing/calling (harassing works too) established players who may be able to take advantage of your product/service. Sales prove your product is worth something. Distribution is another important part of your business. You cannot easily acquire 1 million users, but you can add a tiny value to someone else's 1 million users (Facebook applications). In this case you are usually generating revenue as well. Once you sign one decent deal (and make sure they announce it publicly) other players will follow. "Monkey see , Monkey do".
Hackers can certainly learn to be great negotiators and great business development managers, but usually they do not want anything to do with bureaucracy.
If you are a team of 2 hackers, having a third co-founder or early part time employee as your VP of sales and Business Development will only benefit your company.
- sachinag 18y agoDoes YC require all founders to hack or can one be the business guy you describe? I can't code - I have enough trouble with SQL SELECT statements - but I do think I'm not too shabby at the partnership/sales stuff.
- immad 18y agoYC has no specific requirements, their have in fact been more than one startup with only "business" guys :)
- fallentimes 18y agoI can barely code. I know a tiny bit of python and some basic html & css and suck at them. That's it - mostly because I've never put in the time like I should have. I plan on writing on this very topic (how to market without TC - parent thread) as soon as I have some free time. Edit: For those who don't know I'm in YC (ticketstumbler.com). So yes they accept business types. My cofounder, Tom, is a superb hacker though.