okay Michael how do I persuade a developer to code for me even though I
developer to code for me even though I
developer to code for me even though I do not have much money since I’m a
do not have much money since I’m a
do not have much money since I’m a student with a lot of student
student with a lot of student
student with a lot of student entrepreneurs here I love that no I’m
entrepreneurs here I love that no I’m
entrepreneurs here I love that no I’m and a couple of gigs we started we got
and a couple of gigs we started we got
and a couple of gigs we started we got people actually one of the companies i
people actually one of the companies i
people actually one of the companies i went to another style of california
went to another style of california
went to another style of california startup this is a long time ago about 18
startup this is a long time ago about 18
startup this is a long time ago about 18 years ago we kind of work for nothing
years ago we kind of work for nothing
years ago we kind of work for nothing for a while did run ourselves on fumes
for a while did run ourselves on fumes
for a while did run ourselves on fumes but boy it makes you really hustle but
but boy it makes you really hustle but
but boy it makes you really hustle but we we got basically I one of the guys
we we got basically I one of the guys
we we got basically I one of the guys when we took a mom we said with Trey
when we took a mom we said with Trey
when we took a mom we said with Trey kind of cash for equity and we gave Miss
kind of cash for equity and we gave Miss
kind of cash for equity and we gave Miss very small percentage in terms of the
very small percentage in terms of the
very small percentage in terms of the company so there’s loads of things you
company so there’s loads of things you
company so there’s loads of things you can do and again I think if you’re right
can do and again I think if you’re right
can do and again I think if you’re right at the start of a product with these
at the start of a product with these
at the start of a product with these lilies you’ve got to avoid boiling the
lilies you’ve got to avoid boiling the
lilies you’ve got to avoid boiling the ocean you just gotta start small and
ocean you just gotta start small and
ocean you just gotta start small and then when you got something works scale
then when you got something works scale
then when you got something works scale it up so so my question for you if
it up so so my question for you if
it up so so my question for you if you’re going to code a product and
you’re going to code a product and
you’re going to code a product and you’re going to build some technology
you’re going to build some technology
you’re going to build some technology build an app whatever it might be kind
build an app whatever it might be kind
build an app whatever it might be kind of what’s the minimum viable product
of what’s the minimum viable product
of what’s the minimum viable product that you need to build and these days
that you need to build and these days
that you need to build and these days with technology hopefully build that in
with technology hopefully build that in
with technology hopefully build that in less than a couple of weeks but I reckon
less than a couple of weeks but I reckon
less than a couple of weeks but I reckon for a couple of weeks coding someone’s
for a couple of weeks coding someone’s
for a couple of weeks coding someone’s likely to work for free and there’s
likely to work for free and there’s
likely to work for free and there’s loads of things you can do you can do
loads of things you can do you can do
loads of things you can do you can do the third earnings you know and you
the third earnings you know and you
the third earnings you know and you could say lock it to the company’s
could say lock it to the company’s
could say lock it to the company’s success you could give them a small
success you could give them a small
success you could give them a small portion of equity says loads of creative
portion of equity says loads of creative
portion of equity says loads of creative things you can do but also you know
things you can do but also you know
things you can do but also you know obviously if you give people money
obviously if you give people money
obviously if you give people money ironic and this is sad about human
ironic and this is sad about human
ironic and this is sad about human nature they tend to switch off from the
nature they tend to switch off from the
nature they tend to switch off from the mission if you actually say you know if
mission if you actually say you know if
mission if you actually say you know if we land on the moon together we take
we land on the moon together we take
we land on the moon together we take some moon shots and everybody’s kind of
some moon shots and everybody’s kind of
some moon shots and everybody’s kind of got skin in the game it really drives a
got skin in the game it really drives a
got skin in the game it really drives a great culture and it keeps some keen as
great culture and it keeps some keen as
great culture and it keeps some keen as mustard to really bit on the company
mustard to really bit on the company
mustard to really bit on the company success and also the only other thing of
success and also the only other thing of
success and also the only other thing of college students I know you know if you
college students I know you know if you
college students I know you know if you build an app you reckon you can build it
build an app you reckon you can build it
build an app you reckon you can build it out of it three days it always takes a
out of it three days it always takes a
out of it three days it always takes a bit longer than you think so what you
bit longer than you think so what you
bit longer than you think so what you need to do is keep keep that I’m solar
need to do is keep keep that I’m solar
need to do is keep keep that I’m solar student really focused on delivering the
student really focused on delivering the
student really focused on delivering the Minimum Viable Product and getting
Minimum Viable Product and getting
Minimum Viable Product and getting something that hands of customers so
something that hands of customers so
something that hands of customers so they can road test it
they can road test it
they can road test it and then you’ll validate whether you got
and then you’ll validate whether you got
and then you’ll validate whether you got a business and then then you can share
a business and then then you can share
a business and then then you can share it but I think they finally out says
it but I think they finally out says
it but I think they finally out says we’ll all these things just got to be
we’ll all these things just got to be
we’ll all these things just got to be honest with because this guy could be a
honest with because this guy could be a
honest with because this guy could be a potential coworker if he does a great
potential coworker if he does a great
potential coworker if he does a great job code in your app do you want it to
job code in your app do you want it to
job code in your app do you want it to be your first employee so how do you
be your first employee so how do you
be your first employee so how do you think about him being you know
think about him being you know
think about him being you know effectively a co-founder of the company
effectively a co-founder of the company
effectively a co-founder of the company and being on the management team maybe
and being on the management team maybe
and being on the management team maybe it’s not the guy may be easily best
it’s not the guy may be easily best
it’s not the guy may be easily best techie and he’s coding for you so you
techie and he’s coding for you so you
techie and he’s coding for you so you need to kind of think of it head of how
need to kind of think of it head of how
need to kind of think of it head of how the movie might play out but I also
the movie might play out but I also
the movie might play out but I also think you owe it to that individual to
think you owe it to that individual to
think you owe it to that individual to share with them and be honest with them
share with them and be honest with them
share with them and be honest with them and transparent with them you haven’t
and transparent with them you haven’t
and transparent with them you haven’t got you know you’re not kind of Warren
got you know you’re not kind of Warren
got you know you’re not kind of Warren Buffett yeah you’re a student you’ve got
Buffett yeah you’re a student you’ve got
Buffett yeah you’re a student you’ve got a dream you you wanted to be part of it
a dream you you wanted to be part of it
a dream you you wanted to be part of it selling the story if he believes in the
selling the story if he believes in the
selling the story if he believes in the story he’ll cut that LLL cut code for
story he’ll cut that LLL cut code for
story he’ll cut that LLL cut code for you yeah I mean the only thing I agree
you yeah I mean the only thing I agree
you yeah I mean the only thing I agree with everything Steven saying the only
with everything Steven saying the only
with everything Steven saying the only thing I would add is if you want to be a
thing I would add is if you want to be a
thing I would add is if you want to be a tech company you need to have tech
tech company you need to have tech
tech company you need to have tech leadership in your team you can’t be a
leadership in your team you can’t be a
leadership in your team you can’t be a successful app company like if you’re so
successful app company like if you’re so
successful app company like if you’re so you’re not a coder you want to run a nap
you’re not a coder you want to run a nap
you’re not a coder you want to run a nap great you can’t just have somebody who
great you can’t just have somebody who
great you can’t just have somebody who you hire and then you know does
you hire and then you know does
you hire and then you know does occasional maintenance on it if you want
occasional maintenance on it if you want
occasional maintenance on it if you want to be a successful app company you need
to be a successful app company you need
to be a successful app company you need to have somebody who cares just as
to have somebody who cares just as
to have somebody who cares just as deeply as you do about the business and
deeply as you do about the business and
deeply as you do about the business and as part of the company so you need a
as part of the company so you need a
as part of the company so you need a co-founder and that’s not a decision
co-founder and that’s not a decision
co-founder and that’s not a decision that you just take lightly you don’t
that you just take lightly you don’t
that you just take lightly you don’t just enter into business with somebody
just enter into business with somebody
just enter into business with somebody and like the values are super important
and like the values are super important
and like the values are super important to not just a skill set but I wouldn’t
to not just a skill set but I wouldn’t
to not just a skill set but I wouldn’t if you treat this just as I can hire
if you treat this just as I can hire
if you treat this just as I can hire somebody and you know when I need them
somebody and you know when I need them
somebody and you know when I need them on I’ll bring them on that is not the
on I’ll bring them on that is not the
on I’ll bring them on that is not the way to build a successful tech company
way to build a successful tech company
way to build a successful tech company if you don’t know how to do the tech
if you don’t know how to do the tech
if you don’t know how to do the tech yourself you need somebody who’s just as
yourself you need somebody who’s just as
yourself you need somebody who’s just as committed to doing this and build that
committed to doing this and build that
committed to doing this and build that company if you do the business item they
company if you do the business item they
company if you do the business item they do the tack but if you want to make it
do the tack but if you want to make it
do the tack but if you want to make it big you got like look at every
big you got like look at every
big you got like look at every successful tech company one of the
successful tech company one of the
successful tech company one of the co-founders knew the tech you need
co-founders knew the tech you need
co-founders knew the tech you need somebody on your on your team who’s
somebody on your on your team who’s
somebody on your on your team who’s deeply committed who understands attack
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