Creating a Startup
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
- Favorite tiktoker: https://www.tiktok.com/@goddessmia20
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