- Write, sign and notarize an agreement that the code is either duplicated or transferred to you.
- Decide who gets the data: users, you, someone.
- Sanitize servers and services by trying to overwrite data with junk values before canceling.
- Cancel monthly services and free services.
- If it was good, don't let the team relationship go to waste. Talk with whoever's left / worked-with previously about doing something else.
---- Then and only then ----
- Do "consultingish" work or solve a problem you have to find a problem worth solving.
- Sell something good people want before you invest too much time/money/mental health building something too much.
- Keep it real: building "your amazing idea" without a feedback loop gathering critical data from paying/potential customers is #fail.
- Someone though will have to step-up to be the sales/buzz builder or one will need to be found (hopefully, someone you've known for some time or a friend-of-a-friend). No useless "idea guys" allowed.
- Sales/buzz person or someone will need to be the captain of the ship ultimately in-charge of everything.
- Iterate fast, executing based on feedback and sales numbers. Prefer the best one you can get into if you can. (YC, hihi.;)
- Everyone at the beginning gets equal equity vested over 3-5 years. First employees should get ~1% equity, more if it's an employee-owned co-op.
- Don't pray for funding, sales/profit cures all.
- Raise funding only if you could definitely grow faster with more money.
- Skip accelerators unless you need a network and/or are relatively inexperienced.
- When you get big enough, incorporate (California or Delaware C-corp). If it's s consultancy, LLP or LLC. https://clerky.com
- Decide who gets the data: users, you, someone.
- Sanitize servers and services by trying to overwrite data with junk values before canceling.
- Cancel monthly services and free services.
- If it was good, don't let the team relationship go to waste. Talk with whoever's left / worked-with previously about doing something else.
---- Then and only then ----
- Do "consultingish" work or solve a problem you have to find a problem worth solving.
- Sell something good people want before you invest too much time/money/mental health building something too much.
- Keep it real: building "your amazing idea" without a feedback loop gathering critical data from paying/potential customers is #fail.
- Someone though will have to step-up to be the sales/buzz builder or one will need to be found (hopefully, someone you've known for some time or a friend-of-a-friend). No useless "idea guys" allowed.
- Sales/buzz person or someone will need to be the captain of the ship ultimately in-charge of everything.
- Iterate fast, executing based on feedback and sales numbers. Prefer the best one you can get into if you can. (YC, hihi.;)
- Everyone at the beginning gets equal equity vested over 3-5 years. First employees should get ~1% equity, more if it's an employee-owned co-op.
- Don't pray for funding, sales/profit cures all.
- Raise funding only if you could definitely grow faster with more money.
- Skip accelerators unless you need a network and/or are relatively inexperienced.
- When you get big enough, incorporate (California or Delaware C-corp). If it's s consultancy, LLP or LLC. https://clerky.com