How to find a mentor who is actually willing to help you?

I mean how do you actually find a mentor who is willing to commit to you. I have had many “mentors”, but none of them actually focused on guiding me, they were really passive and never had much to say about anything. I know it takes some time finding the right person, but I don’t…

April 27, 2015

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Does Google’s new modified search algorithm blow?

As a bootstrapping startup founder in building phase, I use Google a lot for research & searches in general. So as of a few days ago, the search results are pulling about 30% related to what I ask. It’s scary. Like what life was like before there was a decent search engine but worse. Now…

April 27, 2015

No Answers

Do you need a tech background to start a startup?

I am a student and I don’t know anything about coding, but I am passionate about startups and have a lot of ideas. I always wanted to start my own company but I don’t know anything about coding. Is that alright if I want to do a startup?? If I would want to learn to code, where…

April 27, 2015

3 Answers

Legal issue even though I own 100% of the company

So I incoporated under florida law as an LLC, and I own 100% of the company. My friend and I decided to work together, but I never distributed equity because we were still negotiating terms. He wants to sue me for “cofounders” equity, and he didn’t invest in the company I did, as well as…

April 23, 2015

9 Answers

How much MRR before first hire + possible funding?

I’ve developed and bootstrapped a niche SaaS product. Started with a beta 1.5 years ago, launched and started charging 1 year ago. £0 to £4k MRR from 190 customers in 1 year. Trend suggests this will at least double in year 2 even if I continue as a one man show. However, it’s easily at…

April 21, 2015

5 Answers

How to maintain independence?

I’m just at the beginning, but I just love to work alone, and create my (big) business working on my computer, and I don’t want investors who instruct me to move, or to do, or to say, I just need network of users and people working for me, helping me. I’m not presumptuous, I need people,…

April 20, 2015

5 Answers

Sole Founder and Bootstrapping – Ashamed to say it?

First of all, I would like to thank the creators of this platform, it is really great to see you are not alone struggling with a startup, in a world where everyone *appears* to have success come easy. I am a sole founder that created a marketplace. We are doing quite well, with an average…

April 20, 2015

15 Comments

Is 50k from Brandery accelerator a good deal (25k for 6% + 25k note)?

Seems slightly misleading because their main description says “We receive a 6% equity stake in each startup in exchange for $50k”, but their FAQ page says the first $25k is issued in exchange for 6% equity, then after 6weeks, you get the 2nd $25k as uncapped convertible note. Doesn’t this mean they get upto double…

April 17, 2015

10 Answers

How important is your domain name when launching?

With the lack of good domain names left, especially when bootstrapping a startup. From your experiences, success or failure, how important was the domain name when launching and gaining traction. Do you feel it had any adverse impact? I realize if its gets big you can buy out a better domain but until then, how…

April 16, 2015

5 Answers

Can I assure my idea won’t be stolen (without a patent)?

First of all, I will say that I am a student, and as such, I can’t afford the time or the money to create a patent on my idea, which is not fully original anyhow. (I will have to spend lots of time and money just figuring out if my idea is patent-able) I’ll explain…

April 16, 2015

11 Answers