3 ms·
I think the total lack of payment is the issue you should be addressing. Anyone with enough experience in the industry will know exactly how they should be valu
by primitivesuave 5y ago
I think the total lack of payment is the issue you should be addressing. Anyone with enough experience in the industry will know exactly how they should be valuing the equity (at little to nothing). Even a simple hourly stipend at contractor rates on top of a great equity offer is enough to show someone that you are serious and willing to respect their time/contribution.
- halfmatthalfcat 5y agoThere's just no way I can pay someone, even a pittance. I'm putting in as much as I can just to keep the lights on. I can show people I've been working on this forever, have a full product, business plan and am working toward funding but that still does jack-all. It's unfortunate because I desperately want to pay someone, but it's just not in the cards right now. That's why hopefully the idea itself should help instill some confidence that if we execute, it could become something cool (and profitable). I get the world doesn't usually work like that though, which is why solutions like this might help me find like-minded people.
- ysavir 5y agoHow far are you from funding? Being transparent and detailed with people about funding, and what they can expect once funding is achieved, can be helpful in removing doubts.
- primitivesuave 5y agoThank you for the insight, I can totally relate to the situation. I had a pretty depressing entrepreneurship low which lasted a couple months, where I had to lay off everyone and was the only one left grinding, sleeping at the office, and putting every dollar into rent/expenses. In a Taoist kind of way, you have to know the lows to appreciate the highs. Best of luck to you on your business!