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Creating a Startup

Posted: 2/17/2021

Questions

You have all founded companies surrounding web development, and I have watched you become successful over the years. Can you think back to the moment you made this decision and why?

What is it like leaving a good paying corporate job and going out on your own?

What Challenges did you face?

If you have a partner what was it like negotiating a business that you created?

How do you make everyone happy when you start that partnership?

Did you need to establish a percentage between your partners, how did you determine this so it was fair?

How did you structure your company?

C Corp

S Corp

LLC

Did you use:

A lawyer

Online (Stripe, Legal Zoom, incfile)

What state did you incorporate in?

Business Tools your using

Pre-sales documents, like Statement of Work. (PandaDoc)

Accounting (Deskera, Quickbooks, FreshBooks)

CRM (Deskera)

Have you ever sold your startup?

If you have, was that challenging emotionally?

Would you ever consider selling your current company?

You each seem to have both a product and services, can you talk about how you calculate the pricing within each?

To get more business and revenue flowing do you find yourself adding 1099 employees at times to cover a sale?

Do you have people doing the selling, or do you find that people are often reaching out to you for your services?

Time

Are you still programming?

Do you do your own podcast editing?

Do you produce your own videos?

Purrfect Picks These are fun picks of the week. Maybe something you bought online, a great show you are currently watching, or that last book that you thought was amazing.

Aaron Frost

Ali Spittel

  • Ladybug Podcast

Kelly Vaughn

  • Atomic Habits

Tyler McGinnis

  • Financial Intelligence

Alex Patterson

  • Stripe Atlas
  • incfile

Brittney Postma

https://startfreelancing.today/

Shopify Blog – How to start a business