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13 Comments

There are two types of founders. Founder A and Founder B - which one are you?

submitted this link on March 11, 2022
  1. 1

    Is there a Founder's Corner thread in IH, or something similar, where a newbie builder in public can go to get answers regarding the initial stages?

  2. 1

    Is it possible to be AB positive in this scenario?

    I've always wanted a successful startup & I've stumbled across a few problems that I've already solved (in my mind).

    I'm still a novice and need lots of help & nurturing.

    Where can I ask questions & get good answers?

    1. 1

      Of course you can be AB positiv. Hower the problems stumbled on, seem more valuble for me then problems you looked for explicitly to solve, because your mind normally stucks within the same patterns. So problems your looking for explicitly will also follow these patterns.

      That does not mean, that only luck enables a really valuable startup. You have to keep your eyes open for any posibility.

      And the answer to your last question: wherever you got listend. In my experience even a "bad" answer can have this one game changing aspect or information you were looking for.

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        Agreed, I'm just barely trying to get my mind wrapped around the public building thing, but I've been a self-motivated entrepreneur and business person for a long time.

        Right now, I have too many questions.

        1. 1

          Then just start asking.

  3. 1

    I'm on Founder A.

    1. Stumbled into problem A
    2. founded Startup A
    3. Stumbled into problem B on building Startup A
    4. Founded Startup B
    1. 1

      Could one Startup be effective for multiple problems?

      How would you deal with a problem that would be best solved by a non-profit?

      1. 1

        For sure.
        Espacially when you have a really innovative startup your getting into spaces whee no one has ever been before and automatically you will generate new problems to solve within the same startup.

        How would you define a problem "best solved by a non-profit"?
        Not to forget: non-profit does not mean "without revenue" or not "getting paid". A non-profit means you have big fat black zero at the end of the year.

        1. 1

          My thinking leads me to understand that there are some areas where public trust would be best served without the profit motive. Areas of service such as government, education, environment, & health should not be saddled with the potential corruptibility of profit motivation.

          No, I do understand, everyone gets paid in any model. In fact, I think a couple of my ideas are worthy of grants, thus allowing people to get paid pre-launch, which could arguably be better than a for-profit model, which would have to wait for revenues post-launch.

          1. 1

            I'm agree with your thoughts. However I have more than 10 years of working experienc in the public sector and therfore I know you have two options (according to your initial question)

            1. Solve the problem and let go your idealistic principles
            2. Be dedicated to your principles and cut of your startup

            Why I'm saying this?
            The public / non-profit sector is on another shift.
            The time and work needed for idealistic approach will just solve your problem you're facing with your startup to late ( if it even does)

            But herr is a hack:
            Go with option 1. Later no one will be angre when you release a solution to a non-profit organisation.
            So you just let your principles off on the first sight and a proper solution should be implemented much earlier as a non-profit.

            1. 1

              What do you mean, "The public / non-profit sector is on another shift."?

              You seem to be implying it takes longer to develop as a non-profit. If the product is the same, why would it take longer to develop?

              Are you suggesting that the build in public crowd will shy away from an actual public (non-profit) project?

              I suppose I could group my projects, one for-profit along with one non-profit and build them in tandem.

              1. 1

                The public (e.g. government, efucstion e.t.c) sector is really slow and resisting to change. Or they just have long term contracts to other technoligy. Even if it's not really solving their problem, they're stick to it.
                On the otherhand collecting money is much harder:

                1. You will never get money quickly, because non-profit or public orgs need a black zero. So they have to consider money in their financial plan for the next period ( 1 year at min.)
                2. Venture Capital? Nope, because your non-profit, and they are looking for high profit to compensate lost investments
                3. Donations, alot of small deals, alit more pitches => alot more to do to get the same money as of a VC pitch.

                Coming back to the non-profit definition (black zero):
                First money, then build. Costs within this year will never be compensated in the future.

                So, when you are dedicated to your principles take they profit of your startup A and donate for the non-profit startup B.

                So yeah this will be possibility no. 3

              2. 1

                They are all in the same area, though the web interface would be different.

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