We have an Alpha version of our service, which needs the last 20% development push to get over the hump to begin generating revenues. We're looking to gather 4 more people.<p>- someone to help do business development
- someone to help do PR & marketing materials
- couple more LAMP programmers<p>We can't pay with cash, so how do we find people who are willing to take the risk? We're thinking of a dividend like model, where investment of time = percentage of revenue stream from the system at the get go.<p>Curious, what would it take to make it worth your while?
Thanks!
80% of the time is spent in the last 20%. the devil is truly in the details.<p>Honestly, this post itself is a red flag to me. Please take this post for what its worth (I may very well be wrong), but IMHO if you do not already have the resources necessary to get your startup to market already I think you might be in trouble. Adding people onto a project at the end to get it done, usually ends up in failure. See <a href="http://en.wikipedia.org/wiki/The_Mythical_Man-Month" rel="nofollow">http://en.wikipedia.org/wiki/The_Mythical_Man-Month</a><p>Plus, your going to have to be wayyy more descriptive in order to get an accurate guage of interest. Why not talk freely about what/where your service is here? Doing that alone should get you some good feedback
We're offering this $$$ opp, sell vi@gr@ from home!!!!!!!!!!!!!!!!!!!!!!!!<p>Seriously, why is this on the front page? I hate down arrows, but this post makes me desperately wish I had the option.
> what would it take to make it worth your while?<p>1. Alignment of goals - something I really want to see exist in the world?<p>2. Other people are excited about the product - I tend to feed off of others' encouragement.<p>3. Belief that this will pay off big.<p>4. Strong individual recognition for my participation.<p>5. Those guys already there have to be working at least as intensely as me.<p>6. Don't want to work with really clueless people.
"Worth my while" couldn't be reasonably computed until I knew more about your company, like:<p>-Anticipated viability of the company and revenue stream predictions<p>-Effort (in hours) that I would need to contribute to effect a positive outcome<p>-Financing model of the organization<p>-Compensation of other employees in a similar position to effect the outcome of the company<p>These things factor into the "risk", which affects the appropriate "reward". If I could make a major impact on your company by only needing to invest 8 hours per week, it wouldn't be a tough choice to make the decision to attempt to help out. If however it would take 20+ hours per week, then other things/tasks get requeued to make room to help with your startup, that changes what I would need/want to get out of it to make it worth my while...
This post is too vague. How are you different from every other start up that wants me? What industry is it? What have you done to validate the need for your idea? Here are some tips in becoming more descriptive:<p><a href="http://onstartups.com/home/tabid/3339/bid/3673/Mediocre-Marketing-How-NOT-To-Describe-Your-Startup.aspx" rel="nofollow">http://onstartups.com/home/tabid/3339/bid/3673/Mediocre-Mark...</a>
I think that you would have to compensate these new partners with a reasonably large share of stock (of the same class as the founders). I think that you should shop around for people (or a person) who can handle as many of the roles as possible.<p>I would start by sharing your email address and talking to people who are interested. Good luck.
There is a problem with this. All developers are not created equally. It may take me 100 hours to complete a task a more capable programmer only needs 5 to do. In such a situation, I'd acrue more value than the next 3 closest developers.
I'd need to know what it is, and it needs to be something that I believe <i>really, really</i> needs to exist. Usually, anything that's LAMP doesn't qualify unless the LAMP stack is just a backend or accessory to something more exciting.<p>(Speaking hypothetically, of course. I'm not actually looking for anything - I've just turned down offers from startups that are very, very attractive, because I believe my current startup needs me more.)
Is this a service you'll be selling or are you relying on advertising?<p>Since you have no cash to pay, I'll take all the revenue generated from the time I start working with you up to 250k/yr. In addition, I'd like a significant equity stake.<p>The time I put in isn't important. What matters is how many dollars I help the site make.
I really hate to say it because I like this forum so much, but this is the one kind of thing I DON'T like to see here.<p>If you're going to be in business with someone, get to know them.<p>This seems like a pretty good place to get to know people (especially if you can arrange in-person meetings).<p>Probably not a good place to be "making deals".<p>One step at a time please.