Building A Startup From Day 1 - The Documentary

UTDFinanceGuy
Rank: Neanderthal | banana points 2,843

So I haven't been as active on these forums lately as I would like to be. I was first brought in for the finance and investment banking side, but stayed for the great acceptance for venture capital, sales and startups.

I've worked for some top startup (largest funding round, company funded by the Founders Fund) and then came back to Texas and launched my own gig. It didn't work the way I planned, and I had to take a job selling SaaS in a startup here.

Recently I decided to quit that engagement, and focus on an opportunity that came to me. I will not only be able to form the entire sales and marketing department, but also influence product and everything. It will be the title of Director of Sales at the age of 23.

We are starting at an idea, a minimum selling product and a good value proposition. No current clients, no funding, just the grind and growth of a company.

Today was Day 0: aka the day I officially accepted the position.

That means tomorrow is the first day, and I want to give back by giving almost a documentary level analysis of what its like building a startup from scratch.

The Product

It's a difficult concept to fully wrap around, but it has B2B and B2C efforts. What we provide is the ability to create a marketing channel via a 3rd party app for locations that offer WiFi but also utility to see and interact with companies in your area that offer WiFI.

With the news of Facebook being unable to push content as easily for business pages, that means that there will be higher costs associated with getting in front of people and ultimately push it out as a SMB option.

Our app provides a utiltiy for the users (finding wifi spots, interacting with them and users on the network, and then providing a social response) and benefit the customer engagement from a B2B aspect.

What I want to ask, is the fact that come tomorrow I want to do a full mock up of what's going on but I want some feedback. Do you want to hear daily or weekly or monthly. I can do whatever schedule is most popular but I want to make sure I can do what you find valuable.

Also any questions feel free to ask.

Comments (15)

Jan 17, 2018

Maybe give a weekly or monthly update on the progress. Monthly would probably give you more time to prepare as well as provide us with more to chew on.

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Jan 17, 2018

this could be interesting look forward to seeing more, thanks UTD

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Jan 17, 2018

Weekly. If you can provide informative content, I'd rather read that than the shitty content. Please don't do daily.

Jan 18, 2018

Weekly would be good, keen to hear more.

How did you find the SaaS sales role, good money? A lot of people go that route looking to make cash, outside of the finance world.

+1 SB

Jan 18, 2018

Weekly or monthly sounds good. Agree with Making Gravy's comment above that quality content is appreciated.

Jan 18, 2018

Very interested +sb

"A man can convince anyone he's somebody else, but never himself."

Jan 18, 2018

lemme know when you close ur first deal

Jan 19, 2018

Weekly awesome. Will be very interesting to watch!

Jan 19, 2018

Sounds interesting with potential.

My gut says weekly would be too often for how quickly things are getting built. Bi-weekly might work best.

Array
Jan 20, 2018

This is exciting, definitely looking forward to your updates!

Jan 23, 2018

Where are you guys locate rn? I'm curious how much this can really scale

Jan 24, 2018

1st and the 15 for posts.

Good luck. Interested in hearing more.

Jan 24, 2018

Yea man good luck, seems like you are headed in a good direction

Jan 24, 2018

I would definitely keep tabs on this forum. Bi-weekly/monthly should be good.

Jan 27, 2018

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