yamface
My yam is in a trash can in Istanbul
- Joined
- Jun 7, 2025
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In this guide I will be teaching you how I started all 3 of my businesses and why it’s so successful. This business model won’t be universal to everyone but 90% of people will find success with this method.
THE BASIC IDEA: Find someone to go 50/50 with you on the business ownership. (Ideally they need to have a lot of free time so they can take up most of the workload). You will act as the shot caller and tell them what to do and when to finish it by in order to be successful. I usually divide responsibilities for example: I take care of marketing and negotiations, and my buddy will help with tasks like making business cards and the website.
MOST IMPORTANT: The most important detail/choice you will make is the person you end up partnering with. Find someone competent, hungry, and skilled. It might take a few tries but you’ll know once you found the one.
TIPS:
-use legal zoom to start your LLC and register as partnership. Make sure it’s in writing who owns how much in case you scale to the moon
-make sure you have in writing were the money will be allocated whether it be reinvesting into the business or used for your independent needs.
-once necessary acquire business insurance and business license (not too hard depending on business)
- marketing is always key, you need people to buy what you sell point blank period.
WORKLOAD: In order to keep your workload low make sure that the business you chose is self sufficient (at least if your business partner can run without you). Please refer to @celestial Empire’s guide on good business models to chose for your startup.
looksmax.org
Let me know if you have any further questions.
THE BASIC IDEA: Find someone to go 50/50 with you on the business ownership. (Ideally they need to have a lot of free time so they can take up most of the workload). You will act as the shot caller and tell them what to do and when to finish it by in order to be successful. I usually divide responsibilities for example: I take care of marketing and negotiations, and my buddy will help with tasks like making business cards and the website.
MOST IMPORTANT: The most important detail/choice you will make is the person you end up partnering with. Find someone competent, hungry, and skilled. It might take a few tries but you’ll know once you found the one.
TIPS:
-use legal zoom to start your LLC and register as partnership. Make sure it’s in writing who owns how much in case you scale to the moon
-make sure you have in writing were the money will be allocated whether it be reinvesting into the business or used for your independent needs.
-once necessary acquire business insurance and business license (not too hard depending on business)
- marketing is always key, you need people to buy what you sell point blank period.
WORKLOAD: In order to keep your workload low make sure that the business you chose is self sufficient (at least if your business partner can run without you). Please refer to @celestial Empire’s guide on good business models to chose for your startup.
Startup Advice (From Ivy League 4.0 at Top IB)
Based on my friends in investing seats (PE/VC/GE) and retainer M&A pipeline/corp dev work I've had dumped on my lap from large-cap clients. Have seen some pretty dumb/misguided threads on here about "muh startup idea rate pls". Barriers to Entry / Sustainable Moats Ex: Network Effect...
looksmax.org
Let me know if you have any further questions.
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