Salih Mujcic

Hi PH community! Been working in product for over a decade now with some b2b enterprise products under my belt but want to move and work on my own thing. Reason for context is that I've worked on enough teams that have had an incredible culture and that helped enormously irrespective of task or what we were building. I'm fascinated by this area and recently with a couple of other colleagues have decided that I wanted to build a platform that focuses on helping teams foster and achieve an incredible culture by providing them with toolbox for every step on their journey towards their goal. Initial thinking is highly experiential tools around new team member onboarding, awareness of self and others work style, feedback, agile process improvement, kudos, decision making processes all facilitated and handled by a virtual or digital team member. Any thoughts or feedback? I'm super keen to make this project open and transparent from start to finish in terms of building a community of users so any ideas or advice would be super welcomed!

Hello friends! Recently I summarised learnings on closing the $1M round for my startup. I thought it could be useful for other founders who are going into $500k - $1M fundraising. If we haven't met before, I'm running WeLoveNoCode, a marketplace to hire no-code developers for building MVPs & validating hypotheses (https://www.welovenocode.com/). It would be awesome to share more of how we are building WeLoveNoCode with the community. So here are "to-do" items that I used (feel free to copy it into your Notion): Preparation & Planning [ ] Get familiar with the fundraising process, spend some time reading. [ ] Set up fundraising plan: [ ] Wrire down a timeline to pitch investors & close round: starting date, ideal close date. 3 months for fundraising. (I closed in less than a month but 3 months is a more realistic timeline). Consider the time of the year: NY holidays and summer can be slower business seasons. [ ] Define roles: who will help in fundraising. [ ] Define round you need to close, valuation, how much equity are you open to giving on this round, SAFE/equity/loan. [ ] Put all tasks below with responsible in the tasks management system. Make strong pitch deck + financial modeling [ ] Make v1 of the pitch deck [ ] Make 10-15 slides pitch deck. Figma templates for pitch decks: https://www.welovenocode.com/pit... Comment: I made more than 30 versions of the pitch deck before it was good. [ ] Get the sweetest traction you can find. Run market research to show data behind your market potential. [ ] Get designer and copywriter to clean up the deck. [ ] Cover the WHY behind your startup. Treat your deck as a sales pitch: having a good story behind building your startup will make emotional connections. [ ] Get feedback from founders who raised similar rounds ideally from investors you want to get in. [ ] Make business model (BM) ready to be shown, cover: [ ] Have unit economy [ ] Cover MoM user and revenue growth [ ] Cover User acquisition strategy and CAC in BM [ ] Do not BS. Double-check numbers for accuracy. [ ] Get feedback on BM from your mentors & adviser to be sure it's meeting investors' expectations. Angels, VCs have a typical set of expectations and you need to meet them in your presentation and your pitch deck. [ ] Answers on typical questions which you got asked often Pitch investors [ ] Create a list of investors you'd love to pitch [ ] Set up a CRM system. Research relevant investors. [ ] Asked for the intro, look for ways to get into the investors' radar via the network. [ ] Make forwardable emails & intro requests. Get pCalendly link with timeslots. Close the deal! [ ] Start having investors call, moving via your funnel. [ ] Make constant follow-ups + investor updates. Get an assistant to help you update investors weekly. [ ] Ask for introductions from everyone, even if you get rejection. [ ] Create Momentum with growth numbers & traction, PR, PH launches. [ ] CLOSE the first LOI. [ ] Push other interested investors to join the round. Get LOI signed. [ ] Go via Due & Diligence. [ ] Have a lawyer to help you if needed. [ ] Get docs signed. Push to get money on the bank account. [ ] Plan PR of your round: https://www.welovenocode.com/fre...

I've been theorising that there are 3 areas: - Connection - to your colleagues and your work so that you can find meaning in what you do and between each other - Direction - alignment and a shared vision/purpose. A clear understanding of who does what - Vibe - how you feel when you are in the team. Do you have rituals? Do you celebrate your wins together? Are you able to ask freely or challenge ideals? I'm trying to build a product in this area and have done a number of interviews. The feedback seems to center around these areas. Is there anything that's super important or often overlook for you when it comes to remote teams and working?