Sean Kruzel
PRO
@closedloop
Not financial advice:
If it were me, I'd do option B. The reason is that since you don't have full understanding of the types of businesses booking events and how their financial work, you can put your stripe account at risk using option A. My understanding is that stripe can suspend your account if you think that your client is violating their standards.
Obviously if clients need help or for some reason don't want to create a stripe account, perhaps you could create one for them for extra $$ or something. I would just be very careful about money passing through your company unnecessarily. Even if everything is above board. You still can have payment delays, charge-backs and build up large short-term assets and liabilities.
To keep it simple I like businesses where I help facilitate a service X and get paid Y after everyone is happy.
Thanks @closedloop for that great comment. I 100% agree and think will opt for B to abstract my business from the issues of the accounts connected :)
I just wish they had some additional integrations
I always run into problems when I try to get too creative with using a no-code platform. I like to timebox what I do. For example, I need a landing page in 4 hours, just use Carrd instead of launching my own static site somewhere.
I've used NordVPN for 2 years with little problems. Good no-logs policy and court cases to back that up. reasons are basically I had websites tracking me. Also good for testing websites im building from different geos.
Reform.app is solid and better than Typeform IMO
Never hear of reform Sean, it looks good! Thanks for sharing 👍🏼
listen to movies I know well on repeat:
- rounders
- big short
- Founder
I've been running a FinTech company for 7 years. Sometimes as a solo founder, other times I bring on a marketer and a strategic biz dev person to help with larger deals or launches. At one time I had 5 sales people to help close financial advisors in person and at conferences (pre covid). I also got married and had two kids along the way... The struggle, and the ups and downs are so real.
I can truly empathize with the feeling of burnout and the pain. Especially when you get into those long periods of development where you are stuck on a coding problem and the delivery date to share the product with the world slips.
Absolutely make sure you get at least 6.5 hours of sleep. If you are like me and your brain is tired, you can still code but you are LESS ABLE TO PRIORITIZE and you end up staying up late working on the wrong project.
I think you have a cool opportunity here to dog-food your product and to use yourself as a case study. "How I used Mission Control to save Mission Control" or something like that. Be thoughtful about how your product can help you stay balanced and on track. Share how you are using your product to help you deliver the product.
Also I've been a fan of 6 week product sprints with a 2 week break for networking or admin. It helps cut the scope down and focus only on the SINGLE most important thing for the business during the 6 week block.
Of course this is much easier said than done. I'm around if you need to talk more. Remember life is long, and the goal is to stay in the game. Be good to yourself along the way.
The trick with 99 designs is to just keep pushing for iterations until it's perfect. The "downside" is that you get so many potential designs that it takes 1-2 days of your time to provide feedback and to cull the responses. Other than that I've gotten some good initial versions of logos.
I've used this for my new SaaS - worked well and I like the autogenerated html and self-hosted options. But it was a $200-$400 for a full terms and conditions with privacy statement, fully loaded with DMCA and all the other stuff you need in these docs now-a-days.
www.termsfeed.com
The is probably the only part of my website I spent money on. Everything else is basically free / open source. Previously I had paid lawyers for these docs and it cost me about $1,500. Who knows what the best approach is