Ask HN: How would you take this business to the next level?
I am a non-technical guy who has validated a business model using messengers (WhatsApp and FB messenger) to sell stuff and made over $60K over the last 12 months without writing a single line of code. I now know how all the parts and pieces need to work together.
During the process I have encountered a lot of inefficiencies. If I had a technical co-founder, we would be able to build a web application that could greatly reduce these inefficiencies and scale this up significantly.
How would you guys go about finding such a person? (would be glad to talk to anyone here too). This is in Bangalore, India.
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I can scale this thing up a few 100K dollars a year the way I am doing this now. But it is excel sheets and 3 computers side by side so I can see product info, customer info etc side by side. Its just ugly. lol. I need some elegance in my life now.
I have settled the "should I really bring-on a technical co-founder" question in my head and hence the post.
I don't have serious hard numbers before that, as the CRM saw its first commit around sale #6.
so now we have good problems to solve like actually needing a CRM, invoicing etc that I hoping to do via a web app.
Once that is done, it could be sold to other similar businesses. I have already done some presales using my mockups and there is interest.
below you said you are running whatsapp sales for b&m shops, but how do customers find you? afaik whatsapp has no discovery features.
don't wanna post exactly how that is done publicly (yet)
could you drop me an email arjunvpaul AT gmail ? I can walk you through any details you need and even show you product animations that I have done to communicate what the web app could look like.
For the product - the long term goal is build a significantly automated web application that other small business can use to do commerce via messengers only (no apps, no websites)
For the business - an exit to Facebook.
- https://www.youtube.com/watch?v=GCcEoVlmiok
- https://www.youtube.com/watch?v=guA6trEPNls
I just want to "reduce stupidity" now. for example when I get a message saying "haven't got my product yet!!" . I have no clue who this person is or what they ordered without doing a forensic audit of the chat history.
CRM and inventory is not the hurdle. Its an essential. The need is "digitization of inventory" and "customer acquisition".
I'll be happy to share everything I have learned so far on what I think the secret sauce is if you would like to talk.
I'd like to write a little CRM myself but they don't even have an API.
Having a tech cofounder gives its own advantages But why you are not Hiring a tech person to quickly build your mvp to simplify your life? It will not cost you much. Once this takes off then you can take the call whether u still need a tech cofounder.
(not affiliated with meesho)
I have a different business model that doing it via a web app. My approach is to - digitize the inventory of existing stores - train them to use to use the app - collect a commission every time they make a sale through the system.
This is what I know works from the last few months of working on different permutations :-)
Umm, how? You have a web app, you provide people with an admin dashboard to interact with the messaging apps. Am I missing something here?
I offered a "I make money only if you make money" pitch. Sold their wares via Facebook and WhatsApp and then took a huge markup from those sales.
1. I created a Google Spreadsheet with a description of my idea and my goal was to inspire readers of this document.
2. Then I made a Facebook post where I shared this document. I received few dozens of likes/shares from my friends.
3. After that, I used Linkedin Premium (it is free for 30 days) to find developers in my region. I asked them if they are considering new job offers. And if they answer was yes, I shared a link to my Facebook post.
They came to my page and see likes and shares (social proof). Then they read the document and if the idea was interesting for them, we scheduled a skype call.
That's how I found the CTO for AcademyOcean.com : )
Finding a technical co-founder isn't that difficult if you know where to look for. couple resources/networks I have used successfully in the past:
(if meetup.com hasn't caught up where you live, there might be something similar that's popular)-Meetups geared towards entrepreneurship, software dev, engineering.... are great places to find a technical co-founder. Prepare a simple pitch-deck, meet smart people, share your idea and see if they would be interested in joining the cause. (don't worry about someone stealing your idea... it's all in the execution. You can hold back some key features until you sign an NDA or something.)
-networking in general goes a long way. Start networking with any and all engineers you know (shouldn't be hard to find software engineers in Bangalore!)
-Angel List is a great place to post jobs, especially if you are looking for a co-founder.Be prepared to give up a considerable amount of equity (30%-50%) if you are looking for a "serious technical co-founder". Make sure to have vesting & a cliff in the contract.
Also consider talking/networking with friends, family, ex-colleagues.