Business Owner Thread

Who else on /biz owns a startup?

Getting tired of reading all these shitcoin posts.

What do you do/sell and for how long? I run a ecom store selling women’s yoga products and do about $15k a month.

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My startup is simply throwing money into startup shitcoins you know will boom, then take profits on the way up + buy on the way down. Right now I'm just trying to get as much DMG as I can under $1.50.

I started an NGO and scammed a bunch of executives and techies out of $250k in initial funding. Have no plans on moving forward with my business plan at all from here on.

Can’t they see how the money is being spent?

I sell bullets. Reminder that after the last month, guntech is the Next Big Thing™.

how do I fuck jeff's ex-wife

Imagine being one of the richest men ever and having an ugly wife

selling retail online to the public is always a fake business unless you happen to be Chinese and making 10 cents per hour.

all women become ugly eventually

her body is nice

Idk if I count. I'm making a video game. Once, God willing, it gets closer to release I want to check interest levels on my game. If high enough maybe open up a company, in another state. This is to avoid high california taxes taking my gains and to avoid sue happy people. Still have to look into how the company thingy works tho. If my game is succesful enough I can make more games without financial worries albeit id probably stick to solo development for the first few as there are game ideas id like to bring to reality but have to focus on my current one otherwise i set a bad tone of not finishing what i started.

Post it, I do game dev too you better get ready for failure, you need kike3 years to make any thing decent

*like

continuing gods work

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Im about 1 year in. No pics, the gameplay aspect of enemies has yet to be implemented and is about the only big hurdle remaining before i eventually have to get into figuring out how to implememt multiplayer (multiplayer adventure game but can be played solo).

All it has right now are about half the character classes which are in redesign mode with 1 fully reimplemented and working the others nearing completion at which point I either redisgn their abilites or go off to finish the remaining character classes which already have sketches and mental ideas on design of. Weather system is complete in a sense as at this point any new weather systems will require minimal work. NPCs are basically in testing but working correctly. Enemies I have only reached the stage where they detect the player and lock onto the character for attacking purposes. No attacking or actual chasing atm but player abilities are implemented on 2 characters atm and working as far as i can tell. World design is fully completed for 1 major world area, with 2 other major areas nearly complete but need some changes. Due to the design the remaining areas after this should be easier as I have the artstyle more narrowed down. Carrying over player stats has been resolved as i didnt realize certain stuff didnt work right when scenes changed at first. At this rate ot may be another year before it gets to the point where updates are primarily just little things, bugs, or adding more world areas (which means adding enemies too and some changes to code to allow reaching the destination)


Tl;dr no pictures as gameplay is currently not riveting due to no enemies that actually react all that much, its coming along but ill probably need another year before the overall game is close to being finished. 6 months time for advertising it....maybe.

I perform facial surgery on myself to look like gigachad. It's a very slow and painful process unlike a professional surgery at a surgeon but in a couple of years I might be done. I can only do so much until I can't and have to take a rest.

Focus on single player, there is no fucking way your gona finish multiplayer, especially if you have never done it before. I have worked professionally as a coder for 5 years and as much as I want to I would never make a multiplayer game untill I have made it(especially myself). Your game is already to complex, the best advice I got but never learnt untill to late, make a good simple prototype. You can never compete with content. So gameplay is the best way to make a decent game.

I live in a "startup" country, many local and foreign investors are looking to give money for mostly tech startups.
I got a few ideas i wanted to start pitching soon to some big shots with money + i have 2-3 years experience in the tech industry (many people here start tech companies with even less experience sometime).

What should i know before starting a business?

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I'll give you some protips since I've been in and out of the tech startup industry, including being an early-stage employee/engineer of a startup that later turned into a unicorn, and now I'm starting my own bootstrapped company.

I'd say it really depends on your goals and what you want to achieve. If you only care about money and couldn't care less about the business you're running then by all means take the Vulture Capitalist's money since they will likely take you on a ride to becoming huge (although there are absolutely no guarantees of this). However, keep in mind that you are surrendering A LOT of control to them even though on paper their equity shares might be non-significant (VCs in any big tech city usually know each other and further funding rounds are dependent on referrals from existing investors. You'll need further funding rounds because VCs are going to pressure you into growth instead of sustainable profit, without those rounds you will go bust and your reputation will be soiled since your startup will likely be dependent on a constant supply of investor money to maintain operations).

If you want to build a sustainable business that can weather the business cycle then taking investor money will be a fatal mistake. Remember VCs and other institutional investors who invest in highly-speculative vehicles like startups couldn't give a rat's ass about your business or its sustainability (even if they try to convince you that they do), all they care about is selling their shares to the next guy in line whether that is to the public in an IPO or other VCs during funding rounds. Their investment horizon is generally 5-7 years and you will be pressured enormously to deliver on their growth targets, even if that means taking very risky bets that may or may not pay off. You will also not learn any useful business skills since the skills you will apply will only be viable in a clown-world low interest-rate environment where profits don't matter.

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cont.

My advice would really depend on what kind of skills and experience you possess and if you're willing to put in the hours to bootstrap something from scratch. If you're an engineer with a talent for business then this is entirely possible and you won't need any meme product managers or salesmen that will be pushed on you by VCs to achieve success, as long as you have a product-market fit. You can usually build and test your product while working at your current job by just working during evenings and weekends. It's a much more difficult way of going about it but you'll be secure in knowing that you maintain 100% equity and won't have Schlomo Kapitalstein breathing down your neck and forcing you to do things that may not be good business practice (and will likely lead you to ruin if and when VC funding dries up, which it will eventually).

However, if you are someone who does not have any tech skills to build a startup by yourself it gets a bit more complicated. In this case I'd recommend partnering up with a tech autist who shares your vision and can COMPLEMENT you in building your company. Then you can split the time, work, and equity between you and you'll have a solid setup to build something on. If you're not keen on partnering and want to maintain full equity control, then I think you could look into taking funding, but I'd strongly suggest avoid big VC funds and other institutions as they DO NOT HAVE YOUR BEST INTERESTS IN MIND. What you need is an investor who shares your vision and long-term strategy, and if that is building a sustainable business that can pay regular dividends in the future then maybe an angel investor who doesn't give a shit about selling his shares to the next sucker would be a better play.

cont.

The way I see it, taking VC and/or institutional money is akin to making a deal with the devil. You are essentially an employee or manager-operator and are beaten into doing your master's bidding, and is really no different to being a wageslave since you don't really have total control. If you're lucky VCs can make you very rich (but they will be the real winners as their risk distribution is vastly different to yours). The fucked up part is that these clowns (which many of them are, I've met a couple and I wouldn't trust them to tie my shoelaces properly) have so much money due to poor pension funds chasing yield that they really do not have any incentive at all to care about your best interests, but since they have so much money taking their deal is very very tempting. I've made a conscious choice to not take these people's money because I don't believe in selling my soul for wealth, but it's really up to you and what your tolerance for BS is.

Some other misc. protips: you cannot afford to "move fast and break things" if you are bootstrapping your own company. Remember that you do not have an infinite supply of money like other meme startups, and your reputation is much more dependent on quality engineering/products than clever marketing like the VC-backed shops are. You cannot afford to make costly mistakes and shitty engineering, and that includes staking your entire infrastructure on meme platforms like AWS or GCP as they are entirely tailored towards companies with reliable access to BRRRR and can afford to pay their ridiculous fees. Stick with the basics and high-quality engineering practices, and you'll eventually make it.

Anyway that's a lot of stuff I wanted to put down and can't think of anything in particular atm, but if you have any questions feel free to ask them here and I'll try to answer them.

how do i buy planetary etf

This

Have 40k and some positive cash flow.

Want a partner. I am new to business but learning fast.
Failed to launch a few times. Seeking a new start with someone that wants to learn and grow with me.

Where do I find such people?

Not on Zig Forums

not that ugly and definitely better than the current creature, also not interested in his money because they started before he was rich, but i can understand why he did what he did

>afford to pay their ridiculous fees
i thought a advantage of AWS is that its cheap (and scalable)

Imagine being one of the richest men ever and being an ugly manlet.

Craigslist has been my most successful meeting place. Shifting through trash replies is time consuming.

I have an offshoring business. Have 300 staff in the Philippines working for companies in AU, NZ, HK and US.

>imagine owning a business and going on Zig Forums
cmon OP, no one here is sophisticated enough to own or run a business. We're all here for the coins and penny stocks (yes, penny stocks, people here can't afford lap caps).

Please tell more about this

I came to Zig Forums because of LINK in 2017 and I now mistrust all women and have developed anti-social/isolationist tendencies. I just want to say fuck all of you, I'm leaving
>inb4 "see you tomorrow"

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>selling women’s yoga products
through FBA or own shop? exclusive products or alibaba stuff?