Here are some tips on building a startup influenced by Blake Masters and Peter Thiel’s Zero to one book.
1- Your team
Choosing a co-founder is like choosing a life partner. Your compatibility will likely determine the potential success or failure of your startup. Choosing the wrong partner can be detrimental. It is also preferable not to work remotely if possible since it creates more opportunity for dispute and misalignment of interests,
2- Equity Split
When deciding on equity split, it is usually a bad idea to divide equity equally amongst co-founders. The approporiate equity split should be determined based on the added value of each team member to moving the needle of the business.
“Equity can’t create perfect incentives, but it’s the best way for a founder tokeep everyone in the company broadly aligned.” – Peter Thiel in Zero to One
3- Product / Market Fit
When it comes to produt / market fit, this should be the priority of any startup at the initial stages, above anything else. A startup does not need to incorporate or legalize anything before it reaches this product / market fit.
I want to introduce the Stylerail platform. It is a simplest social-media integrated marketplace where people can connect to emerging fashion designers to buy their unique designs. Stylerail simplifies the sales process between online sellers and buyers by providing a global social media integrated marketplace. This means that media (images and descriptions mainly) are easily synced between the stylerail platform and a seller’s social media channels starting with Instagram in a seamless fashion.
Here are a few highlights:
Stylerail will target the New York & expand to the rest of the US and eventually worldwide.
We use a combination of affiliate marketing, referral reward programs & influencer marketing techniques.
Stylerail uses various growth hacking & other effective marketing tools to generate the right kind of traction for sellers on its platforms.
A Dashboard allows premium sellers to view all user engagement with their virtual stores on Stylerail.
Seller’s Instagram posts are shoppable on Stylerail. Clients simply click on the seller’s bio link or visit Stylerail to shop the items in the seller’s feed.
Users can upload pre-captioned items for sale from Stylerail directly to their Instagram account.
Stylerail allows users to easily import images, & their captions from their social media channels.
Sellers can open free shops & sell their items on the Stylerail marketplace platforms.
For Inquiries: email@example.com or firstname.lastname@example.org