Tech co-founder 2-3 startups like Ravox.com and SocialDefender.com, strong in social commerce, scalable platforms. Founder of web development agency. If you have questions about dev stack selection, technical architecture, scalability, web app performance call me
As others have pointed out, trying to find a problem for the solution you have is the wrong approach. It is time-consuming and expensive. Over the last few years, I have been involved in a couple of these experiments, with varying levels of success. But if you have a solution already done, then you have to go through this exercise.
The first approach would be to sit down and write down 10-15 different use cases that can use the technology. Once you narrow it down to 5 or so, start talking a few people in each niche to see what are the issues in them and current players.
Another option is to create dummy websites for different niche markets. You can quickly clone landing pages for each niche. Start sending visitors to it using Google ads, if you don’t have a list. Once you get some leads, talk to each to get an idea of which market is looking for the right solution.
Here is the bad news. If your contribution is the idea alone, you are unlikely to find a developer to do it for equity alone. If you have some kind of unfair advantage, it would be different. If you are going to do non tech roles like sales, fund raising etc.. It would be different. Also if you need them just to create the initial product or be a tech founder, it would be different.
If you pay a minimal amount for the development, the amount of equity needed would be reduced.
If you are adding value to the client in terms of understanding the client’s requirement and managing the team, it is unlikely the client will have an incentive to work directly with your vendor. Most customers wouldn't want to work with offshore vendors unless the projects are big. You will have the same issue with domestic employees and freelancers also. I had ex-employees tried to poach customers in the past. Most customers contacted me to warn me about them rather than try to save a few dollars.
You have to do the due diligence with the vendors as you would with any partner. Most vendors are honest and straight forward. If you ware working with an established vendor, chances in your favor. If your vendor tries to poach your clients, there may not be any legal recourse even if you have non compete in place unless you can sue in Ukrane, India etc. Alternative would be to find a offshore vendor with US presence. In that case you would be covered under US laws instead of foreign laws.
There are no direct tax implications if you pay a US company or a foreign company. There are no tariffs yet for services. However you do not get a W9 from foreign companies. So if you ever get audited, you have to prove it was indeed legit transaction. Most quality Indian software companies have US subsidiary. So you can pay the US company instead of a foreign company.ad of a foreign company.
Godaddy is pain for developers and technical people, as it is set up for simple things. You can use any good hosting companies or any cloud servers. But if you need to talk to a human godaddy is a good option. Scalability will not be an issue with Godaddy, as they can sell you any infrastructure when you grow bigger.
You will find a lot of people in your circle who might like the idea of starting something. But only small fraction is willing to make the leap. A number of things need to go right to find a cofounder on an existing startup.
There is number of avenues outside of your immediate circle you can look for potential partners. I just wrote an article as I get this question from entrepreneurs a lot. Here is the link . https://www.ajiabraham.com/how-recruit-developers-equity-startup/
Having a partner is good thing. But not mandatory. As you are already building your startup, keep going. The more you progress the probability of finding cofounder also increases.
There are indeed a number of off the shelf frameworks for the web platform and mobile apps. You should find a few by spending some time. First, identify a mainstream app that's close enough for your concepts like TaskRabbit or dolly or uber. When you are looking for it look for xxx clone script. Make sure the platform is available with source code. Many cases they can fit the platform to your requirement without starting from scratch. That would save around 80% of the development. It might be worth looking for a platform other than WordPress to create scalable platforms.
I own a mobile app develop agency for the last 15 years. Few other requested apps like opentable before.
To create the main functionality of opentable - web app, mobile app, main management panel, restaurant app) from scratch it would take around 2500-3000 ours of coding. this is based on estimate one year back and assuming you are starting from scratch.
If you were to customize existing platforms like iScripts UberforX it would be closer to 500-750 hours.
I run a mobile development agency for the last 15 years. So I am a little skewed.
Before you start looking for somebody to get the app developed, start with very detailed specs. The more detailed it is the better. After that start creating the user flow. There are tools like invisionapp.com to create good app screen mockups. another decision that would impact is going going to be which platforms you want to create the app, native is, native Android or both or or a hybrid app like react native. In your case, a hybrid solution might be better if you want the app to support iPhones and Android users.
You get some high level estimate using some tools like https://www.app-estimator.armia.com/ . this would help to get an idea what to expect when you talk to developers. Get few proposals from freelancers and agencies.
Good luck with your app
I am assuming this is a genuine question.
I will be blunt. A ticket in the powerball lottery have a potential to return $500 Million. But the ticket price is at $1 due to the low probability irrespective of the potential. Similarly the probability of seed funding company provide decent return is 5% and the probability of it provides some return is another 5%. 90% of the seed investments lose. There was a paper from David Rose with the accurate numbers from gust platform.
Typically investors take 10-20% in each round of funding.