Muza

Business developer and product person. Has an idea and is open to joining one.

Prague, CzechiaOn FounderCloud since 2021

Want to talk to Muza?

Join free to message founders, save the ones you like and post your own idea.

About

While I have a tech background, I'm not a professional tech lead. I believe a tech co-founder can help me to manage the development process effectively and build business processes. Also, it's much better to work with link-minded people rather than being a solopreneur.

What Muza is building

The idea

We're building a solution to transform the cybersecurity consulting business. We help security leaders effectively implement, manage and audit cybersecurity management processes.

OtherBuilding

Answers in the Nest

How can I recruit team members pre-funding?“Hey Josef, I can share some knowledge that I have, but I recently started my startup. First, you need to set the requirements and expectations for the C-level role. Other people can perform some tasks that you think only C-level people should do for a smaller cost. I assume you have done this. Further, try to combine responsibilities to create fewer roles and put several hats on fewer people's heads. E.g., combine HR and Comms. This is important to properly manage your resource (reduce the expenses) to fund these roles. As for compensation, you have not many options :) You will need to compensate using equity. There are different approaches to that. One of them, using the method described in the Slicing Pie, calculate everyone's contribution and type of contribution and reward appropriately. Another one, you can agree on to provide X% of the equity in advance and vest it monthly/quarterly/annually. The third option I learned is defining how many shares can be earned per hour by the role and allocate shared at the end of the week or month. I cannot say much about resources, but I'm sure it highly depends on how you will pitch the idea to convince people to join your startup. I hope this helps you to move further in your journey. All the best, Muza.”