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How startups can help each other?

We are working on an initiative https://startupbarters.com

The idea is:

Every startup has some strengths like efficient marketing, strong tech background, good investment channels, command on writing business proposals, startup connections, creative designers, media outreach and so on
But as most of startups have limited resources they may also be laking in some areas. Other startups can mitigate this limitation by helping each other in respective tasks.

What do you think how can startups help each other?

13 Replies

Raja Nagendra Kumar
1
0
Raja Nagendra Kumar Entrepreneur
Code Surgeries | Micro Fixed Bids | Scala | Go | Kotlin | ReactJS | Android | Java | NFR Doctor
True, they need to help each other, without being de-focused on their own vision. Such helps are certainly possible.

Some areas we can help are

1. Build low cost, but enterprise grade delivery teams
2. Share our knowledge on how to run private limited company in safe manner
3. Advise any references in the space other startups looking for help, once we understand their needs
4. Evaluate code delivered by startup teams

Saurabh Arya
1
0
Saurabh Arya Entrepreneur
Founder & CEO - TotSmart Education
Hi, Would love to know your suggestions. I have been running a startup for 2.5 years. Read more about us here - Totsmart.in/pedron. Recently in the news - http://usf.vc/winners-of-startedu4/ We have some spare capacity and would be happy to offer them for a nominal fee to some startups. We can provide - Tech dev, Marketing strategy, Fundraising hacks etc. Thanks Saurabh Arya
Nishant Shah
0
0
Nishant Shah Entrepreneur
Zen balance of Technology & Startups
@Raja Thanks for the suggestion, that is very helpful.

I also think that shared resources can also help.

I know a startup with designer onboard, who is under utilised. Some other startup can use that designer in return of some other service.
Rod Abbamonte
2
0
Rod Abbamonte Advisor
Co Founder at STARTREK / @startupHunter / @startupWay / @CoFounderFound / @GOcapital / @startupClub / @lastminute
Mutual collaboration is the foundation of the new economy.
Shobhit Verma
3
0
Shobhit Verma Entrepreneur • Advisor
building an adaptive recommendation engine
This has been done over and over again but has never worked out. I was myself exploring product market fit for a few months for a similar idea. Lots of mockups and customer interviews later->
Lessons learnt-
1) Most people will end up needing some form of technical help.
2) Getting technical help for non-cash is not easy -- this is similar to finding tech cofounder problem.
3) For any non-tech help, the quality sucks because of lack of passion.

The only model that I have seen working is giving advice and sharing lessons and connections. Everything else that requires execution has not worked.

If this model had any chance of success, YC , 500 startups and Techstars would be doing it themselves for their portfolio companies. But they don't and for good reason .. it doesn't work.
Sidney Sclar
0
0
Sidney Sclar Entrepreneur
SID the SECURITY PRO at sidthesecuritypro.com
For a start, be great at your product or service. Treat referrals and intros as if they were your clients. Provide additional value.
Jonathon OBryan
1
0
Jonathon OBryan Entrepreneur
Founder of The SmartSheet
The two major hurdles facing growth for the entrepreneurs are Funding & Manufacturing. You come with a list like that which is free to the founders, but cost inventors a minimum fee. Come up with simple templates for the Bplan, Exec Summary, elevator pitch, etc. You have a winner.... you get paid via your investor list, would do this myself but full plate.

Jonathon
Sam McAfee
0
0
Sam McAfee Advisor
Building Popup Incubators for Corporate Innovation Programs
I do think there is something to the idea of informal partnerships. In several companies I have worked with recently, we had a circle of soft competitors that were different enough we didn't compete too much directly, but had complimentary offerings that were valuable when used together. We all knew each other, and would often share resources about how to break into a particularly lucrative large client. Sometimes two of us would go out and co-sell a particular solution if we thought it would increase both of our chances. All this with a hand-shake agreement until we really started to pen a deal with the client. It worked out several times. It's worth noting that a lot of bigger business deals with multiple parties simply have to work this way. It's not always one customer and one seller. It's more like politics. :)
Chris Gorges
0
0
Chris Gorges Entrepreneur • Advisor
Partner, Strategy at Rocketure
Check out a similar idea - www.equitydirectory.com
Charlie Downey
0
0
Charlie Downey Entrepreneur
President & CEO at Downey Insurance Agency, Inc.
I Utilize the term " affiliated Marketing" attaching others to My brand(s) and Vis-a-Vis. as well, we have affiliate tracking software which places a Link to other sites Via ours, where, if they utilize your services,we get comped. see Nationalinsgrp.com ( very Much a start up) / as well we are in the Commercial Insurance space so I am all about negotiated products, commission , discounted , etc. . i envision a poster board of entities participating at the start up level.
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