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What's the best time to find a co founder, and also how does the equity part work? For example, I've been spending the last 6 months learning as much as I can
by swman 5y ago
What's the best time to find a co founder, and also how does the equity part work?
For example, I've been spending the last 6 months learning as much as I can about business around an idea I've had. That's involved creating marketing materials, building surveys and gathering user feedback, putting together TOS & privacy policy, attending small business courses to learn accounting basics, learning figma and spending hours watching YT videos or perusing dribbble to come up with inspiration for my own design, and since I'm an engineer by profession - building the thing so I can run the progress by some of the survey/feedback group.
Obviously I'm still a beginner, so I'm just curious if anyone would mind answer a noob :D
- _448 5y agoRead the articles at http://paulgraham.com/articles.html http://paulgraham.com/articles.html And find more information at https://www.ycombinator.com/library https://www.ycombinator.com/library There is a lot there on those two links.
- redis_mlc 5y agoWhat you described makes you a solo founder but ... The main thing I see wrong is that you confuse effort (mostly overhead) and value (what customers pay for), and it's important to make the distinction as a business person. Your customers care about how you help them, not how long you spent "putting together TOS & privacy policy." The fact you even mentioned that is a giant red flag to anybody who's done any kind of business because it's trivial, irrelevant to customer need and paints you as an academic or checklist-ticker seeking validation. So good start, but finish building and start selling, then do a Show HN. :)