It’s well known that startups operate on limited resources. Their marketing budgets are much the same. They’re tight. Therefore, they must devise creative and low cost solutions to reach their target audience and generate revenue.
Having briefly lived in New Mexico as a teenager, I’ve always followed US elections with great interest. ‘Go big or go home’ is a phrase I often heard stateside which can certainly be applied to the manner in which US presidential candidates run for office. Massive rallies and conventions, A-list celebrity endorsements, extensive advertising campaigns, balloon drops and of course, whopping big budgets to finance it all. It’s hard not to get drawn in by the fanfare.
Whether you’ve just launched your startup or you’ve been running it for years, the idea of taking on a co-founder has likely crossed your mind. Maybe you put a bit of time into looking for potential founders, but hadn’t really sussed out what kind of person you were looking for, so stalled your search? Or perhaps you want to take on a co-founder but you weren’t really sure where to start your search?
Founders work tirelessly on every aspect of their startup, whether it be branding, hiring, marketing, accounts, planning or pitching. You name it, they do it. It’s more than a full-time job, it’s a lifestyle. The initial excitement of starting a business is a great motivator early on, however, it can also distract from the grand vision. Tiredness, mistakes and burnout creep in as founders spend more time trying to master areas they are not qualified in. It goes without saying therefore, that they could all do with a little help from time to time.
There’s no doubt that raising capital as a startup can be challenging at the best of times, but doing so in the midst of a pandemic is another story. That said, if we’ve learned one thing over the past few months, it’s that humans have an innate ability to adapt. The millions of individuals who are successfully working from home having never done so before the pandemic hit are a prime example. Similarly, startups have adapted. They’ve identified the best ways to go about funding their businesses during this tumultuous time. One such method which I’ve noticed many startups pursuing over the past few months is crowdfunding.
I was job hunting when the pandemic hit in March. I had recently finished a contract working as an account executive in an ad agency and was looking to secure my next contract. Perfect timing, right?
I’ve undertaken two Zoom interviews since the pandemic hit. How did they compare to your traditional, in person interview? The two words that come to mind are ‘overwhelming’ and a bit ‘awkward’.
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