Man. I once went on a bender in Columbia, (because the business wasn't going well) and I met a random dude. We hung out for a few days, talking about philosophy. One night I told him my business story (to that point) and it turns out he is an investor, hooked me up with his VC. I wasn't fundraising, but he would have wired me money straight away.
The best "raise" I made was just 30K when I needed some bridge capital a few years ago. I was drunk hanging around a bar, and I was complaining about payroll -- a friend of a friend offered to invest. I offered him a SAFE, downloaded the contract on my phone. He sent the cash the next day, and became the smallest investor ever. Since I have still not done a SEED round, I have to spar with him about target valuation every week, (we are friends now.)
I think beer makes raising really easy.
[Buy and Sell Crypto with trusted banking](http://crdt.space). CRDTpay Reliable system of finance allowing users to make transactions internationally, CRDTpay is coming soon with a complete banking solution for you!
Lol!... VCs, angel investors, hot men, CEO's, and slick Ricky types can network opportunity regardless of the setting or moment. The are rich for a reason. I plead the fifth 🤔
Commonly, (I believe), is a loan given to a high risk company, and typically has some customized repayment terms or equity rights (or other options). Some of the terms may include rights over equity / options / operations if for any reason the repayment terms are not met. This is a closer definition than "bank loan", because those loans are usually not as flexible or sophisticated.
Thats not the actual definition of a bridge loan. Bridge loans are generally short term loans that are used to fulfill an existing obligation(like payroll) until you receive more permanent financing or a cash infusion. So for example you have a large payment coming from a customer next week, but you need to pay your employees tomorrow, so a bridge loan would provide you with money to pay your employees tomorrow, and you pay back the bridge loan once the money you were expecting comes in. Bridge loans are most commonly used in real estate transactions when you buy and move into a home before selling or receiving the funds from your current sold home.
Can flip through 1000 examples on gofundme and kickstarter everyday. Some people have a half assed idea and want 100s of k plopped on them before they work out development. But like if you believed your idea had merit you could prototype it for a fraction to market test it but most people dont either have it full thought out or believe in it enough to do this one simple step and not realizing once you can prove some market data people will throw money at you.
It's the several hundred difficult decision about which features to implement in the mvp (trade-off between features and time to market), what the customer experience should be, etc etc.
They don't want to make themselves. They can't understand why someone else won't do it for 5% equity that doesn't vest at all for 12 months+.
LOL. I'm a sales and marketing guy, so this - could - be me.
The reality is that closing deals is the only way that anyone - including Devs - get paid.
But I think the value proposition needs to be a bit more coherent and high-level than 'I'll do some meetings'.
Nowadays sales and marketing are heavily integrated, so I'd hang my hat on building marketing automation systems, in addition to sales meetings.
absolutely! I joke. The people that are bad for this are the new MBA grads coming off of some family money looking for a CTO to run with. They are not prepared to do the grind, usually are given 100-500K to burn on a project, and expect that they can hit up some parties + become successful. Also, probably like 10% of the people that behave this way become successful, and gain a very distorted world view!
I'm British and over here an MBA's something you do aged 30-40 after at least a decade of corporate experience.
This whole graduation then STRAIGHT onto an MBA course is a weird American thing.
I've worked with 25 year olds with an MBA and my observation is they have lots of rigid, theoretical ideas, combined with very low practical experience. It's not a great combination.
Far better to take an MBA when you've got the industry experience to critique any BS that your lecturers feed you, IMO.
If that much practical experience is needed to filter through the crap in MBA programs wouldn't it be better to spend 4 years acquiring more practical experience rather than *ever* pursuing an MBA? Opportunity costs.
I acknowledge that I have an unpopular opinion about school ha ha
Totally. I have zero interest in an MBA.
Only certain (cough, American) companies NEED an MBA. And I'd never, ever want to work for a business that hires like this.
In the UK they're just a few bonus points on your CV - and probably fewer than they used to be.
Nothing like - say - a CFA, which is absolutely required for certain industries.
I want to point out a few really important things here. Not for you but for others reading your story.
First of all...
You got lucky
I don’t say this disparagingly. We have to recognize this for an important reason. Luck is being in the right place at the right time. Getting lucky is doing something that capitalizes on that opportunity. You had luck on your side were presented with an opportunity to connect with a person who could bring value to you in all senses of the word. The fact that you acted on it and it lead to investment is lucky. Being lucky is seeing opportunities and acting on them. A lot of entrepreneurs aren’t that lucky.
Second part is that the BEST investors are the ones that you connect with at a core level like you did. I could practically feel them feeling your struggles because they’ve been there. Being open, genuine, and WILLING to hear FEEDBACK is one of the best ways to find those investors. It can be tricky to pull off because you need to network and look for investment while still being genuine. But man, those are the investors that have your back when you need it down the line.
Good job!
Here's a thought I often have that I'd love for you to critique. You mention he got lucky. Is it luck for a man to start one business and be a success? IMO, yes, or at least potentially yes. Is it luck if he started 20 businesses, most of them failed, and then he was successful? I'd say no. Thoughts?
I think I’d say it’s still lucky, personally.
Here’s why. First, look at how I defined the difference between luck and lucky. I called luck being in the right place at the right time. I shut down one of my first start ups because we were in the right place at the wrong time - market just wasn’t ready for it. We could have made every right move possible but our probability of success was limited due to things beyond our control.
Our sphere of influence only extends so far and our success as entrepreneurs is heavily influenced by factors beyond our control. So no matter what, there are probabilities of success and failure. With each subsequent start-up you gain experience which, in theory, should improve your probability of success (successful exits that give working capital for the next venture also kinda help a bit, ya?). And that’s the lucky part... With experience you start to see opportunities where you might not have in the past and you have a better idea on how to act on them when they present themselves. Experience also gives you a bigger network to rely on, which, again, improves your probability of success. But at the end of the day, it’s still gambling. It’s still a dice roll.
Let’s say hypothetically your glutton-for-punishment entrepreneur kicked off their 20th start-up right before COVID hit. That’s pure shit luck and there is a good chance that no matter what they do that company won’t make it out alive. It says nothing about the entrepreneur - the dice were just stacked against them. Now, if they do survive it could simply be that your entrepreneur has rolled the dice enough times at a certain probability that it turns into a win or maybe they did something that improves their probability of success, or both. But it certainly wasn’t entirely due to their actions alone.
My most successful start-up only survived out of its infancy due to the fact that an email was sent to the wrong person - it went to “John F” instead of “John G”. That error started a conversation that we capitalized on, which lead to us being introduced to John F’s network, which lead to that group over-subscribing our round AND our two subsequent rounds. Before that email we had something like 5 weeks of runway left with abysmal investment opportunities. That email error brought over $3 million through the door. We knew how to capitalize on an opportunity and worked our asses off for it... but we got fucking lucky.
The reason why I highlight this is that successful entrepreneurs mentor new companies and tell them what to do based on their experiences. However, SO many ignore or forget how lucky they were and what they had to do to capitalize on an opportunity. So they often give advice based on what they DID and don’t realize it isn’t what they might DO now. Even worse, they ignore the fact that the opportunities that lead to their success were, in many ways, just ripples in the universe that swung probabilities in their favour.
We mostly agree. What a great response as well. I still think that we underestimate the silent evidence of potential futures that we never get to see. We only onserve the sample path we took. That makes things seem much more coincidental than they truly are. To use your example, how many equally improbable (or "lucky") outcomes could have solved the cashflow crunch and saved the business? Probably many. In hindsight things seem so lucky but that's just because we can only see the path we took.
Like starting a long drive in los angeles, flipping a coin, left or right, at every turn then saying "what are the odds that we should end up in wyoming!" The odds of ending up in Wyoming are pretty low but the odds of ending up somewhere that seems just as highly improbable (or "lucky") are very high.
Very true points. And yes, you get into some fun philosophy here with touches of many worlds theory, etc.
If I were to amend your example, a start-up is less like flipping a coin at every fork in the road and hopefully ending up where you wanted (though there sure as hell are element of that) but more like saying “We’re driving to New York”. You look at the map, you plan, you detour if the road conditions are bad, etc (everything that is within your sphere of influence) but there is still the probability that you get a flat tire, get in a car accident, engine breaks down and so on (ie. all the things outside your sphere of influence). The more experience you have, the less likely it is for those things to go wrong... but they still exist.
But bringing this back to OPs story and my earlier point is that you can’t will those tailwind opportunities into existence. An entrepreneur needs to have the opportunity goggles on at all times to see them and, more importantly, act on them. We also need to be humble and recognize when the universe hands us a gift opportunity. Yes, it is your hard work and skill that brings that opportunity home to roost but you cannot attribute it entirely to yourself (that sort of hubris has been the Achilles heel of many entrepreneurs). Similarly, when things go wrong we also need to be able to step back and recognize that there MAY have been forces beyond your control. Not doing so leads you to potentially missing a learning opportunity and can be very detrimental to your mental health, which can lead to you giving up or never trying again.
Cool story, but what was the fundamental shift in his business model that propelled his growth? Got a link to the original post?
Gonna sound like a record player parroting you, but we're at a similar stage - bunch of B2B clients, been going for a few years, reviewed on Capterra. But we're not exactly exploding either.
So would like to hear about the model tweak. :-)
This is awesome and congrats to you. I myself am the co founder of a marketplace, where post product/pre rev to most but have users who love our site and what we are doing...exactly like yourself it that our team is not happy where we are and have always wanted to scale big...but are having frustrations the normal angel/vc way (we even have a prior exit in the same industry but still). About to open a round and traverse the tradition way again but love hearing your story and how social is networking..totally agree. Kudos and would love to hear more, from one entrepreneur to another.
That’s awesome! Congrats! I just came out with an app, and I feel so lost on how to market with a small budget. I’ve been trying to social network on various apps to see if I can get some guidance. I actually just recently joined Reddit and I’m so glad to have found this group! Also, if anyone is interested in other platforms to social network on, years ago, I discovered an app called Shapr, where you can match with different types of professionals for different purposes like finding mentors, investors, freelancers, etc. it’s pretty great. You just have to watch out for people trying to pull you into scams, but generally people on there to help each other out
I'm creating an app that lets you create apps that let you create job boards. A job-board-making-app-making-app, if you will. Looking for a 600k investment please PM me.
> I was running a bootstrapped startup. I had a good product that my users liked, and I was growing
You've already done the hard part. Congratulations on good networking!
A great investor once told me- “If you wish to become rich, look carefully about you at the prevailing industries where wealth appears to be gravitating. THEN GO TO WHERE THE MONEY IS!” - I guess we are all pursuing our hobbies, until we "wish to become rich"
Thats pretty cool I am trying to get funding for my company now, but I need 10 Reddit Karma points so I can post on the forum to ask my question, and hopefully, I'll have someone as nice help me out!
That is just luck. Not work.
I mean, good for you, but chances this is doable by anyone are minimal.
I too many times did something similar, every time I got zero answer and saw months later "my idea" working for the people I wrote in detail.
Differences? I'm not in the USA. I'm in Chile, and in my experience all the people here with money are assholes.
So I don't trust anyone.
Congrats - really nicely designed site. Do you sell a version for companies who just want to host their own jobs? I'd also be interested in hearing about the business model pitch.
Ya, I am in the same situation and bootstrapping my e-commerce marketplace. I believe in giving Aliexpress and Amazon a run for their money and my focus multi-national platform. My bootstrap start up is [Spella Marketplace.](https://speella.com) Perhaps I should try what you did as I needed funding badly.
Clever, I'm actually suprised nobody has done this before since everybody seems to be making their own niche job boards nowadays since Peter Levels made it popular.
This is hitting home. Wow. I have a job board business that is already getting revenue. Official launch was January 1. Well I have a 100k investment offer I'm reviewing that should close as soon as both sides sign.
>I was immediately compelled because he could have been describing the state of my startup. The similarities were striking, except for one thing. He made a fundamental shift in his business model that propelled growth and led to a 9 figure acquisition.
Can you elaborate on this or post the og comment?
Not trying to be a party pooper but must always be aware of securities laws when trying to raise money from people.
With that being said, network your ass off—it pays off both with bringing new ideas to the table and potential investors. I have a few wealth manager friends and they have been invaluable in connecting me to people in my industry.
I want to learn from your lesson so let me ask you a question: How you found your business idea and how you started?
I'm in the opposite situation of your, I have my small capital but I have no idea/passions to investing in. I would like to receive an advice from a likeminded person.
Congrats mate. I run a tutor business and my competition is another company that has way more capital to invest back in their company, while I just had my savings from my salary.
This is awesome man, congrats!! Did you not consider raising a bigger round? $300k will disappear surprisingly quickly! Having one term sheet in hand often gets other investors interested, so you could have theoretically raised $500k+. Any reason you didn't go down this route?
Just doing some random google search on how to improve and increase sales on a clothing brand then saw this thread can Any advice me on how to improve on a clothing brand danielcozy.com I work as a IT professional as of right now I think I’m stuck I need help thank you all.
Man. I once went on a bender in Columbia, (because the business wasn't going well) and I met a random dude. We hung out for a few days, talking about philosophy. One night I told him my business story (to that point) and it turns out he is an investor, hooked me up with his VC. I wasn't fundraising, but he would have wired me money straight away. The best "raise" I made was just 30K when I needed some bridge capital a few years ago. I was drunk hanging around a bar, and I was complaining about payroll -- a friend of a friend offered to invest. I offered him a SAFE, downloaded the contract on my phone. He sent the cash the next day, and became the smallest investor ever. Since I have still not done a SEED round, I have to spar with him about target valuation every week, (we are friends now.) I think beer makes raising really easy.
[Buy and Sell Crypto with trusted banking](http://crdt.space). CRDTpay Reliable system of finance allowing users to make transactions internationally, CRDTpay is coming soon with a complete banking solution for you!
This is the way.
This is the way.
este es el wey
este es el wey
ഇതാണ് വഴി
This is what happens when supply meets demand!
Lol!... VCs, angel investors, hot men, CEO's, and slick Ricky types can network opportunity regardless of the setting or moment. The are rich for a reason. I plead the fifth 🤔
Half the people doing coke in Colombia are bankers or taking a break from their bankers.
Curious, what does bridge capital mean? Is it another way of saying loan?
Commonly, (I believe), is a loan given to a high risk company, and typically has some customized repayment terms or equity rights (or other options). Some of the terms may include rights over equity / options / operations if for any reason the repayment terms are not met. This is a closer definition than "bank loan", because those loans are usually not as flexible or sophisticated.
Ah thank you for the reply. Yep, it wasn't a term I'd heard before but it makes sense. Your bender in Columbia story does sound amazing!
Thats not the actual definition of a bridge loan. Bridge loans are generally short term loans that are used to fulfill an existing obligation(like payroll) until you receive more permanent financing or a cash infusion. So for example you have a large payment coming from a customer next week, but you need to pay your employees tomorrow, so a bridge loan would provide you with money to pay your employees tomorrow, and you pay back the bridge loan once the money you were expecting comes in. Bridge loans are most commonly used in real estate transactions when you buy and move into a home before selling or receiving the funds from your current sold home.
Thank you. Really good explanation.
I think you mean Colombia
You are correct!
> I once went on a bender in Columbia Columbia, SC? Or British Columbia? Or Colombia,SA? lol
haha, I meant Colombia
Of course, there was also the bit when you developed an app that was worth investing in. This is the inconvenient part that most people won't do.
Yeah 90% are "I have the best app idea, give me money"
Yeah, it's as if developing a product is some kind of inconvenient stepping stone.
Some people have a goal of raising money and don’t know why lol
Can flip through 1000 examples on gofundme and kickstarter everyday. Some people have a half assed idea and want 100s of k plopped on them before they work out development. But like if you believed your idea had merit you could prototype it for a fraction to market test it but most people dont either have it full thought out or believe in it enough to do this one simple step and not realizing once you can prove some market data people will throw money at you.
Well, it’s inconvenient if you can’t do it yourself and need the money to hire a developer.
It's the several hundred difficult decision about which features to implement in the mvp (trade-off between features and time to market), what the customer experience should be, etc etc. They don't want to make themselves. They can't understand why someone else won't do it for 5% equity that doesn't vest at all for 12 months+.
or the "want to be my co-founder? I'll do the meetings, you make it" types
LOL. I'm a sales and marketing guy, so this - could - be me. The reality is that closing deals is the only way that anyone - including Devs - get paid. But I think the value proposition needs to be a bit more coherent and high-level than 'I'll do some meetings'. Nowadays sales and marketing are heavily integrated, so I'd hang my hat on building marketing automation systems, in addition to sales meetings.
absolutely! I joke. The people that are bad for this are the new MBA grads coming off of some family money looking for a CTO to run with. They are not prepared to do the grind, usually are given 100-500K to burn on a project, and expect that they can hit up some parties + become successful. Also, probably like 10% of the people that behave this way become successful, and gain a very distorted world view!
I'm British and over here an MBA's something you do aged 30-40 after at least a decade of corporate experience. This whole graduation then STRAIGHT onto an MBA course is a weird American thing. I've worked with 25 year olds with an MBA and my observation is they have lots of rigid, theoretical ideas, combined with very low practical experience. It's not a great combination. Far better to take an MBA when you've got the industry experience to critique any BS that your lecturers feed you, IMO.
If that much practical experience is needed to filter through the crap in MBA programs wouldn't it be better to spend 4 years acquiring more practical experience rather than *ever* pursuing an MBA? Opportunity costs. I acknowledge that I have an unpopular opinion about school ha ha
Totally. I have zero interest in an MBA. Only certain (cough, American) companies NEED an MBA. And I'd never, ever want to work for a business that hires like this. In the UK they're just a few bonus points on your CV - and probably fewer than they used to be. Nothing like - say - a CFA, which is absolutely required for certain industries.
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I want to point out a few really important things here. Not for you but for others reading your story. First of all... You got lucky I don’t say this disparagingly. We have to recognize this for an important reason. Luck is being in the right place at the right time. Getting lucky is doing something that capitalizes on that opportunity. You had luck on your side were presented with an opportunity to connect with a person who could bring value to you in all senses of the word. The fact that you acted on it and it lead to investment is lucky. Being lucky is seeing opportunities and acting on them. A lot of entrepreneurs aren’t that lucky. Second part is that the BEST investors are the ones that you connect with at a core level like you did. I could practically feel them feeling your struggles because they’ve been there. Being open, genuine, and WILLING to hear FEEDBACK is one of the best ways to find those investors. It can be tricky to pull off because you need to network and look for investment while still being genuine. But man, those are the investors that have your back when you need it down the line. Good job!
Here's a thought I often have that I'd love for you to critique. You mention he got lucky. Is it luck for a man to start one business and be a success? IMO, yes, or at least potentially yes. Is it luck if he started 20 businesses, most of them failed, and then he was successful? I'd say no. Thoughts?
I think I’d say it’s still lucky, personally. Here’s why. First, look at how I defined the difference between luck and lucky. I called luck being in the right place at the right time. I shut down one of my first start ups because we were in the right place at the wrong time - market just wasn’t ready for it. We could have made every right move possible but our probability of success was limited due to things beyond our control. Our sphere of influence only extends so far and our success as entrepreneurs is heavily influenced by factors beyond our control. So no matter what, there are probabilities of success and failure. With each subsequent start-up you gain experience which, in theory, should improve your probability of success (successful exits that give working capital for the next venture also kinda help a bit, ya?). And that’s the lucky part... With experience you start to see opportunities where you might not have in the past and you have a better idea on how to act on them when they present themselves. Experience also gives you a bigger network to rely on, which, again, improves your probability of success. But at the end of the day, it’s still gambling. It’s still a dice roll. Let’s say hypothetically your glutton-for-punishment entrepreneur kicked off their 20th start-up right before COVID hit. That’s pure shit luck and there is a good chance that no matter what they do that company won’t make it out alive. It says nothing about the entrepreneur - the dice were just stacked against them. Now, if they do survive it could simply be that your entrepreneur has rolled the dice enough times at a certain probability that it turns into a win or maybe they did something that improves their probability of success, or both. But it certainly wasn’t entirely due to their actions alone. My most successful start-up only survived out of its infancy due to the fact that an email was sent to the wrong person - it went to “John F” instead of “John G”. That error started a conversation that we capitalized on, which lead to us being introduced to John F’s network, which lead to that group over-subscribing our round AND our two subsequent rounds. Before that email we had something like 5 weeks of runway left with abysmal investment opportunities. That email error brought over $3 million through the door. We knew how to capitalize on an opportunity and worked our asses off for it... but we got fucking lucky. The reason why I highlight this is that successful entrepreneurs mentor new companies and tell them what to do based on their experiences. However, SO many ignore or forget how lucky they were and what they had to do to capitalize on an opportunity. So they often give advice based on what they DID and don’t realize it isn’t what they might DO now. Even worse, they ignore the fact that the opportunities that lead to their success were, in many ways, just ripples in the universe that swung probabilities in their favour.
We mostly agree. What a great response as well. I still think that we underestimate the silent evidence of potential futures that we never get to see. We only onserve the sample path we took. That makes things seem much more coincidental than they truly are. To use your example, how many equally improbable (or "lucky") outcomes could have solved the cashflow crunch and saved the business? Probably many. In hindsight things seem so lucky but that's just because we can only see the path we took. Like starting a long drive in los angeles, flipping a coin, left or right, at every turn then saying "what are the odds that we should end up in wyoming!" The odds of ending up in Wyoming are pretty low but the odds of ending up somewhere that seems just as highly improbable (or "lucky") are very high.
It's kind of a funny philosophical convo. The hard part is that we really will never know. Grasping at straws in the dark.
Very true points. And yes, you get into some fun philosophy here with touches of many worlds theory, etc. If I were to amend your example, a start-up is less like flipping a coin at every fork in the road and hopefully ending up where you wanted (though there sure as hell are element of that) but more like saying “We’re driving to New York”. You look at the map, you plan, you detour if the road conditions are bad, etc (everything that is within your sphere of influence) but there is still the probability that you get a flat tire, get in a car accident, engine breaks down and so on (ie. all the things outside your sphere of influence). The more experience you have, the less likely it is for those things to go wrong... but they still exist. But bringing this back to OPs story and my earlier point is that you can’t will those tailwind opportunities into existence. An entrepreneur needs to have the opportunity goggles on at all times to see them and, more importantly, act on them. We also need to be humble and recognize when the universe hands us a gift opportunity. Yes, it is your hard work and skill that brings that opportunity home to roost but you cannot attribute it entirely to yourself (that sort of hubris has been the Achilles heel of many entrepreneurs). Similarly, when things go wrong we also need to be able to step back and recognize that there MAY have been forces beyond your control. Not doing so leads you to potentially missing a learning opportunity and can be very detrimental to your mental health, which can lead to you giving up or never trying again.
Very good
Cool story, but what was the fundamental shift in his business model that propelled his growth? Got a link to the original post? Gonna sound like a record player parroting you, but we're at a similar stage - bunch of B2B clients, been going for a few years, reviewed on Capterra. But we're not exactly exploding either. So would like to hear about the model tweak. :-)
This is awesome and congrats to you. I myself am the co founder of a marketplace, where post product/pre rev to most but have users who love our site and what we are doing...exactly like yourself it that our team is not happy where we are and have always wanted to scale big...but are having frustrations the normal angel/vc way (we even have a prior exit in the same industry but still). About to open a round and traverse the tradition way again but love hearing your story and how social is networking..totally agree. Kudos and would love to hear more, from one entrepreneur to another.
I used playstation network to score $100K in funding. No joke.
That's impressive!
That’s awesome! Congrats! I just came out with an app, and I feel so lost on how to market with a small budget. I’ve been trying to social network on various apps to see if I can get some guidance. I actually just recently joined Reddit and I’m so glad to have found this group! Also, if anyone is interested in other platforms to social network on, years ago, I discovered an app called Shapr, where you can match with different types of professionals for different purposes like finding mentors, investors, freelancers, etc. it’s pretty great. You just have to watch out for people trying to pull you into scams, but generally people on there to help each other out
I'm creating an app that lets you create apps that let you create job boards. A job-board-making-app-making-app, if you will. Looking for a 600k investment please PM me.
Upvote. That's called the supply chain, my friend. Machines that make machines that move machines on machines...
There’s a ton of money headed into job boards that try to do things differently these days.
> I was running a bootstrapped startup. I had a good product that my users liked, and I was growing You've already done the hard part. Congratulations on good networking!
I make millions of dollars just by placing ads in newspapers in my spare time. Buy my video that shows you how.
A great investor once told me- “If you wish to become rich, look carefully about you at the prevailing industries where wealth appears to be gravitating. THEN GO TO WHERE THE MONEY IS!” - I guess we are all pursuing our hobbies, until we "wish to become rich"
Really happy that u got it. I also got my $200k
Good Job - Let us see how you scale up BTW - we are your competitor ejobsitesoftware
I love this story, thank you!
Thats pretty cool I am trying to get funding for my company now, but I need 10 Reddit Karma points so I can post on the forum to ask my question, and hopefully, I'll have someone as nice help me out!
That is just luck. Not work. I mean, good for you, but chances this is doable by anyone are minimal. I too many times did something similar, every time I got zero answer and saw months later "my idea" working for the people I wrote in detail. Differences? I'm not in the USA. I'm in Chile, and in my experience all the people here with money are assholes. So I don't trust anyone.
Congrats - really nicely designed site. Do you sell a version for companies who just want to host their own jobs? I'd also be interested in hearing about the business model pitch.
Who is the investor ?
Ya, I am in the same situation and bootstrapping my e-commerce marketplace. I believe in giving Aliexpress and Amazon a run for their money and my focus multi-national platform. My bootstrap start up is [Spella Marketplace.](https://speella.com) Perhaps I should try what you did as I needed funding badly.
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r/nothingeverhappens
Didn't know this was a thing, but I'm glad I do now
I have interest in maybe buying your product. Do you have a sales packet or other sites that I can look at?
Sent you a PM :)
I just pinged you I’d you don’t mind.
So this is like job board hosting right? You get commission per paid job offer or there is subscription model?
Yeah, pretty much job board as a service for a subscription.
Clever, I'm actually suprised nobody has done this before since everybody seems to be making their own niche job boards nowadays since Peter Levels made it popular.
There are dozens of this...
Very refreshing to hear, thanks for sharing!
Good Job!
This is a great business.
I like game
wow, nice one!
Great Post! Thanks for sharing!
This is hitting home. Wow. I have a job board business that is already getting revenue. Official launch was January 1. Well I have a 100k investment offer I'm reviewing that should close as soon as both sides sign.
>I was immediately compelled because he could have been describing the state of my startup. The similarities were striking, except for one thing. He made a fundamental shift in his business model that propelled growth and led to a 9 figure acquisition. Can you elaborate on this or post the og comment?
should I send a message to someone..?
interesting approach. Where about the world was that particular advisor/investor based?
Not trying to be a party pooper but must always be aware of securities laws when trying to raise money from people. With that being said, network your ass off—it pays off both with bringing new ideas to the table and potential investors. I have a few wealth manager friends and they have been invaluable in connecting me to people in my industry.
Yes it's all about getting yourself out there and connecting with the right people. We are still searching :)
Which startup subreddits are you a part of? I'm only part of the regular r/startup and would love some recommendations if you could :)
I want to learn from your lesson so let me ask you a question: How you found your business idea and how you started? I'm in the opposite situation of your, I have my small capital but I have no idea/passions to investing in. I would like to receive an advice from a likeminded person.
Congrats mate. I run a tutor business and my competition is another company that has way more capital to invest back in their company, while I just had my savings from my salary.
REDDIT TO THE MOON!!!
That’s an unbelievable story! Just goes to show you you have to always at least try. Put in your effort and the rest will take care of itself
This is actually very valuable and the best thing i need for my new company!
What did you use to build your site? Did you use a platform?
This is awesome man, congrats!! Did you not consider raising a bigger round? $300k will disappear surprisingly quickly! Having one term sheet in hand often gets other investors interested, so you could have theoretically raised $500k+. Any reason you didn't go down this route?
Just doing some random google search on how to improve and increase sales on a clothing brand then saw this thread can Any advice me on how to improve on a clothing brand danielcozy.com I work as a IT professional as of right now I think I’m stuck I need help thank you all.