by Rachel Kim
Who even has enough time to prepare their meals in a busy city like San Francisco? Even if you had the time in your hands, how can you possibly cook 3 times a day for 7 days a week? To possibly reduce some time in cooking and the stress that comes with it, this is why engineers and innovators have created genius apps in the hopes of reducing overwhelm in meal preparations.
Here are some of the apps you can look into:
Subscribe to Mealpal for a $6 lunch on a monthly basis where you have the list of restaurants to choose your lunch the day before from 5 pm to the following day at 9:30 am. When you pick up your food, make sure to scan your QR code to let them know that you picked up your food. This ensures the restaurant owners that strangers didn’t pick up your food!
If you don’t like to wait in line to get your lunch or too busy to pick up your meal, get Ritual. It lets you skip lines and allows your coworkers to pick up your meal. Moreover, you can earn Ritual points where every $1 you spend, you get 10 points. Once you earn 10,000 points, you can redeem it by receiving the $10 credit for the app. Unlike Mealpal, you don’t have to order the meal 5pm the day before. Therefore, if you can order your lunch whenever you want and wait for 10-15 for them to prepare your meal.
Tired of cooking meals? Then get Postmates! Think of Postmates as Uber for food. Get anything (yes, that includes alcohol) delivered to your doorstep with a small fee. If your order from a restaurant/store that Postmates has partnered with, you will pay $3.99. However, Postmates will still deliver from shops that they haven’t partnered with for $5.99. If you don’t like paying 4-6 dollars every time you order, you can subscribe to their monthly membership for $9.99 or $89.99 for the yearly membership with the condition of ordering at least $20 dollars.
Postmates isn’t available in your city? Then download Grubhub. Grubhub is basically the same as Posthub except it is available in 16,000 cities in the US and it’s also available in London. Grubhub also has the largest market share in terms of food delivery apps. Plus, there are no extra charges like Postmates. You will only get charged for what the restaurant charges you. However, if you are a generous person, feel free to tip the driver! Also, Grubhub has way better customer service.
Not everyone has a big enough family to order $20 at a minimum. If you don’t want that minimum charge and especially if you live by yourself in a big city like SF, use Doordash. They also won’t charge you for blitz pricing and have the same pricing as the restaurant plus just the delivery fee that is designated to the area.
There a few myths about starting a business. Finding a co-founder is one of those myths. In order for a startup to succeed, finding the right team is important. A good founder is almost like a dream like a great marriage. It is a good concept of trust, loyalty, division of labor, and support, but not everyone can find a perfect partner to provide that. One can search for months, sometimes years to find the one. But, do you really need the one? Can you do it by yourself?
For the record, although many people try to push the myth of the importance of a co-founder, it might not be a happily ever after story just because you have a co-founder. Cofounder conflict is actually one of the leading reasons for early-stage companies failing. A cofounder relationship could be harder than marriage. It goes beyond just a business person finding a tech person like how marriage goes beyond just love. A proper cofounder relationship requires the co-founders to at least have common principles, share the same goal, understand boundaries, and not take everything too seriously. This all makes finding a co-founder a very hard task.
The good news is: Maybe you don’t need a co-founder! A study by Crunchbase in 2016 shows that many startups had successful exits only had an average of 1.72 founders. This means that many startups were led by only one founder. This should be reassuring if you can’t find a co-founder or if your team recently left you. You can still do it!
However, the road down solopreneurship might be difficult. You might be at events where people ask about your team. People might not have the confidence to fund your company as you are the only founder. It takes a lot of perseverance to get through and become a solopreneur, but there are people who have done it. For example, Jeff Bezos is one of those solo founders who founded Amazon. Of course, there are other companies that were founded without co-founders such as eBay, Ford, Tumblr, Umami Burger, and Wonderbra.
Adam Fleischman of Umami Burger started his chain by himself and didn’t believe in having a co-founder. He hired labor off Craigslist for $10 an hour and did the rest himself. He hustled and the rest is history. His chain is one of the most successful chains in the burger industry.
Being a solopreneur allows you to not compromise on your vision. It allows you to have the freedom to pursue whatever you want to do. Just because the world is telling you about getting a co-founder doesn’t mean it is necessary. You too can be a single, independent solopreneur.
Of course, being a solopreneur could get lonely. Come in and connect with other founders at Treehouse Society!
2018 is now gone and we’ve passed almost half of the first month of 2019. But while that may be so, you aren’t way past the year to launch your business. The first couple of months of the year are still here to offer you opportunities to reflect and plan to launch your business. But if you aren’t planning to start a business, here are 5 reasons why you should consider it.
1. Modern Customers Are In for More Personalized Service
With businesses further adapting to a modern customer, a new business that prioritizes a seamless, personalized service and fast delivery will be available. Modern customers today gravitate to online services that can provide them with better user experiences. Yet, most businesses fail to adapt to the modern times. The New Year would be an excellent opportunity to launch a business and take advantage of attracting these potential modern customers.
2. Improved Technology Will Make Business Operations Easier
Technology is more advanced than ever. You could probably build whatever you could dream of. Among the technologies to be expected this year include predictive analysis and AI, which will deliver fantastic customer experience. It will be a game changer this year, particularly in giving businesses greater insight.
3. Plenty of Small Business Opportunities
If your goal is to become wealthy, launching a small business might not give you that chance. However, small business might be able to generate you an income to live with instead of working for the man. This year’s forecast shows a bit optimistic on global trade growth, and the economy is leaning to positive. With that, starting a business this year might finally realize your dream of becoming your boss and making all the decisions.
4. Significant Changes on Banking is on the Way
Even before the end of the year, there are already significant changes in banking. These changes will no doubt create a massive disruption in how you make your payment. With more radical payment methods coming along with improved technology, your mobile phone will be your wallet. With this are many opportunities to bring a potentially profitable business closer to your target audience.
5. The New Year is a Time to Do Something You Love
Of course, besides the changes to come this 2019, there is no reason to launch your business that is more compelling than doing something you love. If it has always been your dream to start your own business and you think you it is time, then go for it. If you work hard running your own business and truly enjoy what you do, you have the stakes to make it a success.
If you are unsure if this year is the perfect year to launch your dream business finally, the reasons mentioned might be enough to start. But like what the last reason is all about, it matters a lot that you love what you do. It is essential to choose a field where you are passionate in so you can stay in the business to make it scale.
Come by our modern coworking space to see how 2019 can motivate you.
Mindshare capture is the amount of space a company occupies a customer’s mind. According to Investopedia, “Mindshare is a marketing term that describes the amount consumer awareness or popularity surrounding a particular product, idea, or company. Practically, it is the consumer perception of a particular brand or product compared to their rivals as measured by the amount of talk or mentions generated by the public or the media.” The more mindshare a company has, the more market share it will convert and the brighter their future will be. It is not easy to capture the minds of people in the modern days as an average person at the computer probably has more than 5 tabs open at a time, plenty of messages coming through, and social media newsfeed being as hyped as ever.
If your company can successfully gain mindshare of your customers, it will lead to more sales. Once your company had gained the mindshare of your customers, probably 3 out of 5 tabs opened on your customers’ web browser are at your company’s web page. And as humans are social animals, your customers might chat with their friends via social media, texts, or word of mouth which will make mindshare capture even stronger.
Here are 4 ways to ensure success in gaining mindshare.
1. Have a unique and great product-
If you have a great product, your customers will for sure come back for more. For example, Coca-Cola has had the same great recipe since the 1800s. Another example would be Amazon, which was a unique way to sell books on the internet. Both Amazon and Coca-Cola were great for their unique product.
2. Offer great customer service-
People definitely remember if they were made to feel special and they would definitely tell their friends about it.
3. Have your product always be available-
Make sure your product is always available. Not only would your customers be excited about it, but also, you could only make money when your product is available unless you are running a Kickstarter campaign. But, you are building a real company so make sure it is always available.
4. Make your customers feel something-
Your customers should be excited, happy, fascinated, or whatever feeling they have while using your product. The more they feel while using your product the more your company will occupy their mind. Apple was a master of this. Their ads would make people feel something and Steve Job’s presentation would make users feel like they are different just by using Apple products.
Get started on capturing the mindshare of your customers today!
Many startups are stealth mode nowadays due to the fear of others stealing their startup idea. If anyone at a coworking space asks them what they are working on, they normally say, “We are a stealth mode startup.” Of course, there are horror stories of others stealing startup ideas, but ideas are only ideas if there is no execution behind them to turn them into a business. Here are 5 reasons why sharing what your startup does might help you.
1.Get immediate feedback-
If you have a product to showcase, let others in the coworking space to use your product and see what they think. Since there are so many people, you can immediately get some feedbacks on what potentials users might think.
2. Gain resources-
Maybe other coworking members are connected to companies, individuals, or influencers you need for your startup. Members of Treehouse love sharing information and resources with each other.
3. Potential recruit-
Are you looking for someone to help you out on building your product or potential salespeople? There could be drop-in daypassers at a coworking space or at a networking event who is excited about what you are building! Even if they aren’t looking for a job, someone from the coworking circle might also know someone with the talent you are looking for your startup.
Maybe there is another company in the coworking space looking to collaborate with someone in your field! You will never know unless you connect with them.
5. Share knowledge-
You can learn so much from talking to others at a coworking space. People love sharing their knowledge over coffee or lunch.
If you are still not convinced to talk about what you are working on, share only a part of your business idea especially if you are on the early stage of your startup.
San Francisco had been making headlines for being the most expensive city in the United States. However, many still try to build their startups here. Let’s look at the status of the city and check why this is still a great place for your startup.
As a startup founder, you might need the following for your company to run smoothly.
San Francisco is a hip city where college graduates want to move to. What does that mean to your startup? It means there is a huge pool of talent to recruit from.
People are excited when you tell them about your startup. This doesn’t happen much anywhere else in the world. The excitement leads to contribution and idea exchange. You could also find like minded people by attending Meetups and events according to your startup interest.
Since WW2, San Francisco had been the most diverse city in the United States. This means you could test your startup idea with the diverse community here. If your startup does well in a diverse environment, there is a higher chance it will go well once it is scaled out of this town.
Funding can make or break your startup. By April of 2018, 157 San Francisco startups reported raising a seed or angel round totaling around $200million. The median deal size for seed company also set a new record in 2018 for $2.2 million. This is a 30% jump from 2017’s median deal size of $1.69. With so much available investment laying around, there is no wonder why startups still bear with the high cost of living in San Francisco.
Young Adult Dwellers
More favorable place for new ideas and businesses. This is a factor of your success as you could test your ideas better with young adult dwellers who are open minded. A young open minded person is more likely to test out your app or the latest gadget. This leads to faster progress and growth.
Hopping startup scene
A lot of people move to SF to engage in startup activities. There is no better feeling than being surrounded by like minded individuals who are building their startups as well
Since the Bay Area is still filled startups, there are still great communities for you not only professionally but also personally. Of course, living in the middle of Idaho could be cheaper in terms of costs, but what kind of connections would you be building?
There are reasons why SF continues to house the most amount of startups. Despite the high cost of living, bad public transits, there are still companies everyday being started in San Francisco. Be a dreamer and doer and start your company in San Francisco today.
A right startup needs to be at the right environment. Come check out Treehouse Society for our latest private office deals.
Coworking is great for combating loneliness, looking more professional, and social innovation. A lot of small business owners, freelancers, social enterprises, startups, and nonprofits turn to coworking as an office need not only to spark new ideas, but also to reduce cost. Also, coworking benefits range from reducing carbon footprint on your transportation to shared kitchen appliance to reduce electronic waste.
Here are a few reasons why coworking could save the environment.
No wonder coworking is the most trendy way to work. Not only does it come with professional benefits, it also helps the environment to reduce the speed of global warming. Come by Treehouse Society for a tour to help with the environment!
Every company should have a human resource department. But some startups are way too small for it, and they skim HR department thinking it is unrealistic until it is too late. There is a semi-efficient way to get out of this issue. An employee handbook might be what every company needs, small or large, big or small. It has details that thoroughly show every activity taking place in a company’s office. This can be from recruiting to firing, and even the dress code.
The process of writing a handbook can be long and tiring. However, its importance in a company makes it well worth it to have one because a company is made out of humans. Humans all have flaws and limited amount of memory, so this employee handbook can help as a guide.
Below are the 5 reasons why you need an employee handbook.
Protect Your Company in an Employment Lawsuit
In the event that someone is taking legal action against your business in regards to employment, your lawyer will require this handbook. This is because each and every employee has read and adhered to everything written therein.
Once an employee signs the acknowledgment section in the handbook will show that he or she was privy to all rules regarding the company. Thus, the lawsuit exercised against you will be in your favor. This is very helpful since the employee accepted to follow all policies inside the handbook.
Adherence to Federal and Government Law
Every company that has employees is required to comply with all state and federal laws. This will involve having an employee handbook that follows all employee and labor laws in the state in question.
Provided an employee who is on a leave, they will be aware of his rights as they are clearly stipulated in the handbook.
Merits provided by the Company
All employee benefits should be clearly shown in your handbook for all your employees, from paid vacations to pensions. These merits can motivate both the employer and employee to take advantage of said benefits.
The human resource team will have less of a workload since they won’t have to explain everything to new employees.
Treating Workers Fairly
If by any chance a company does not write down its rules employees will feel that they are being treated unfairly. Having a handbook will clear all doubts about unfair treatment as everyone is aware of all the benefits they are to receive.
The handbook could also include a time frame of when a merit is to be offered and to whom in regard to a position.
Setting a Standard for Employees and Employers
Everything in the business will run smoothly if everyone knows what is required of them. This can be anything from what to wear within the premises to what time to arrive at work. This will often help to avoid time wasting and increase the productivity of the business.
Especially if a manager requires dealing with a business issue and the owner is unavailable, the handbook will direct him or her.
All in all, an employee handbook is supposed to help employees feel comfortable in their workspace. Whenever a problem arises or they don’t what to do in a particular situation they can find answers in the handbook.
Management, H. (2017, May 16). Paycor:8 Reasons You Should Have a Company Handbook. Retrieved May 5, 2018, from Paycor: https://www.paycor.com/resource-center/8-reasons-your-organization-should-have-an-employee-handbook
Msiza, T. (2017, August 15). How to Write a Human Resource Manual. Retrieved May 8, 2018, from wikiHow website: https://www.wikihow.com/Write-a-Human-Resource-Manual
Nguyen, C. (2015, August 25). Amity Law: Top 5 Reasons your Company Needs an Employee Handbook. Retrieved May 5, 2018, from Amity Law: http://www.amity-law.com/blog/2015/8/25/top-5-reasons-your-company-needs-an-employee-handbook
Are you feeling stuck with the year end to do list? You might be feeling like you need this holiday season to escape your tasks. Honestly, even if you escaped by going on a vacation, spa, binge watching the latest Netflix series, your to do list is still here.
Real talk here: spa, vacation, binge watching, and etc. are not what you need. You need a real self-care day where you take care of your to-do list because no amount of spa is going to wash your to-do list away. Taking care of your to-do list is the ultimate way of self-care.
I have met founders who are still working on their 2016 tax returns, or have been avoiding that phone call to a customer for the past 3 months. You want to avoid that thing on your list because there is a mental barrier to it. Then you start procrastinating and start doing other things that might not be high on the priority list. Then you return home physically exhausted but still feel unfulfilled as your to-do list is still there. Now, you are mentally overwhelmed and physically exhausted and maybe it is time to go to a spa or go on a vacation to escape your task. STOP! Don’t do it! Again, escaping is not going to save you. It is not real self-care. Self-care is when you finish all your tasks so you can finally relax. It sucks to be on a beach somewhere thinking about your tax return from a year ago. Trust me, I have been there.
So, a few months ago, I started a routine of having a to-do list to prioritize what needs to be done. So this is what goes down: I normally have a to-do list, and if there is an item on it that I have not crossed out in 3 days, I know I have a mental barrier to this task, and would try to eliminate the mental barrier by just easing myself out as I perform the task. Most of the time, it is emailing or calling someone. I know many people who are the same way. And maybe you are one of them who is currently overwhelmed by the thoughts of your tasks.
These are the detailed steps for getting that mental barrier out of the way.
*You don’t have to be a founder to show up. You can be a consultant, freelancer, or anyone who just needs to come in for self-care day to get that task crossed off.
Related: Entrepreneurship Ideas in Action
Many start a business after being sick of working for others. Many start business without knowing some of the basic rules. It might be important for you to learn some of the ground rules. Sometimes, having a successful business is not just about doing things you love, it is also about obeying certain entrepreneurial rules.
1. Have a goal in mind
One of the first and most important rules of starting a business is to have a goal. Setting up a business and just expect success to come might be a naive move. A successful entrepreneur always have a mission statement and a goal so s/he has something to work toward. When starting your business, try to define one for your business and make sure you know what you want to achieve in a year or so. Setting a deadline for your goal is just important as setting up the goal.
2. Your product or service must create value or solve a problem
If your product does not produce value for your customers, rethink your business.
3. Your must know as much as you can about your target customers
Start by Googling the demographic that you are targeting. Then set up a landing page to gather emails for your target customers and start surveying them.
4. You must have a sizeable market.
While you are Googling about your target audience, find out the size of the demographic. You probably don't want to only sell to a couple hundred of people.
5. You must make your target market aware of the value you have created.
Brand awareness is important. But more importantly, make sure your target audience knows what your company provides.
6. Delegate your tasks
No one is Superman or Wonder Woman here. Even super heroes might get tired from their tasks. Learn to delegate. You do not want to spread yourself too thin and leave the money on the table. Try to get as many people as possible with your business within your budget. Do what you know best and leave the rest to others. If you want to be planning and marketing your business, don't waste time developing the products too. Think about the best use of your time and learn to rely on others.
7. Learn the laws of your industry
Read more relevant information here. Besides laws, learn if there are current unions and activists in the industry that your business is disrupting that could cause trouble for you.
Review these rules of starting a business, and do not fear them. Use them as tips to guide you through your journey!
Related: Why Coworking Space is Vital for a Solopreneur
Social Innovation and Coworking
Benefits of a Coworking Space
Health Benefits of a Coworking Space
Why Meeting Others at a Coworking Space is Good for Creativity
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