Creating your own company

Addition Financial / Finance
Krullito

Addition Financial Finance

BIO
Partner and product owner at Frenetic Developments
Krullitomore
Jul 9 21 Comments

I recently created a company, there's 5 people involved. We develop software products. Are there any other small CEO's on here who might have some random bits of advice?

comments

Want to comment? LOG IN or SIGN UP
TOP 21 Comments
  • VMware ItsAlrite
    How do you manage two jobs at the same time?
    Jul 9 6
    • VMware ItsAlrite
      How understanding is your current company? By unconventional hours do you mean to say you work during evenings and rest during day time ?
      Jul 9
    • Addition Financial / Finance
      Krullito

      Addition Financial Finance

      BIO
      Partner and product owner at Frenetic Developments
      Krullitomore
      OP
      I work part-time for my bank
      Jul 9
    • Addition Financial / Finance
      Krullito

      Addition Financial Finance

      BIO
      Partner and product owner at Frenetic Developments
      Krullitomore
      OP
      So I wake up early go to big job for most the day, 30 hours a week. Then come home and work on project material
      Jul 9
    • SAP / Strategy
      TC525

      SAP Strategy

      PRE
      SAP
      TC525more
      I’ve tried this and it’s tough! Kudos to you for being able to pull this off.
      Jul 9
    • Addition Financial / Finance
      Krullito

      Addition Financial Finance

      BIO
      Partner and product owner at Frenetic Developments
      Krullitomore
      OP
      It's still fairly new so who knows how well I can balance both. If I can get this project done though I shouldn't have any problem quitting my job.
      Jul 9
  • Amazon klulez
    You have any revenue?
    Jul 9 3
    • Addition Financial / Finance
      Krullito

      Addition Financial Finance

      BIO
      Partner and product owner at Frenetic Developments
      Krullitomore
      OP
      Not yet, just have projects we're working on
      Jul 9
    • Addition Financial / Finance
      Krullito

      Addition Financial Finance

      BIO
      Partner and product owner at Frenetic Developments
      Krullitomore
      OP
      Technically only one project, but we have it split up into smaller sized projects
      Jul 9
    • Amazon klulez
      That’s cool :)
      Best of luck.
      Jul 9
  • Addition Financial / Finance
    Krullito

    Addition Financial Finance

    BIO
    Partner and product owner at Frenetic Developments
    Krullitomore
    OP
    Also how do most other small dev companies go about getting devs? I have one and I live near a big college so could get more from there if I needed too. Is it not possible to get experienced devs without funding?
    Jul 9 5
    • Amgen Fin4eng
      Why would someone join your company with no revenue and no funding and wouldn’t be treated with an equity amount like a founder. The answer to that question will dictate what you can/cannot get
      Jul 9
    • Addition Financial / Finance
      Krullito

      Addition Financial Finance

      BIO
      Partner and product owner at Frenetic Developments
      Krullitomore
      OP
      All funding is personal, I have money just not enough to pay 100k salaries. I also wouldn't have any issue offering stock as early compensation
      Jul 9
    • Peloton / Other
      Thizzy

      Peloton Other

      PRE
      Peloton, Samsung Electronics
      Thizzymore
      I either hire contract devs or engs etc. My team are talented in different fields so I am lucky but charge talented people hourly or give them a seat at the table as long as they share your vision. Either that or get investments or seed round.
      Jul 9
    • Addition Financial / Finance
      Krullito

      Addition Financial Finance

      BIO
      Partner and product owner at Frenetic Developments
      Krullitomore
      OP
      I've thought about the VC route but I don't know what I would need to prep or offer. Do your devs work around the globe or are they in the same time zone roughly as you?
      Jul 9
    • Peloton / Other
      Thizzy

      Peloton Other

      PRE
      Peloton, Samsung Electronics
      Thizzymore
      They used to be all over but mostly recommendations or people I have worked with. You should def have advisors man. DM me if you want to talk. I am open to opportunities or just network.
      Jul 9
  • Amazon / Eng
    JzQk40

    Amazon Eng

    PRE
    IBM
    JzQk40more
    You’ll have better luck on news.ycombinator.com

    Use https://hn.algolia.com/?query=&sort=byPopularity&prefix&page=0&dateRange=all&type=story to search
    Jul 9 3
    • Addition Financial / Finance
      Krullito

      Addition Financial Finance

      BIO
      Partner and product owner at Frenetic Developments
      Krullitomore
      OP
      Neither of those links seem to work
      Jul 9
    • Amazon / Eng
      JzQk40

      Amazon Eng

      PRE
      IBM
      JzQk40more
      Try now
      Jul 9
    • Addition Financial / Finance
      Krullito

      Addition Financial Finance

      BIO
      Partner and product owner at Frenetic Developments
      Krullitomore
      OP
      Interesting, seems like a mesh between Reddit and news.
      Jul 9