Great job! I worked during my teens and started businesses back then. Put it in a high yield savings account (hysa) if you can hit a deposit. You could also invest in a stock market. Just make sure you put it into an index fund and don’t touch it for a long time. Good luck! In 10 years, just in an index fund, it could be worth about $5,100.
YourAverageExecutive
joined 2 years ago
Having done it a few times. Be ready to change again. Sounds like you are but you’ll have a few phases if you keep growing and raising. We also switched to asana pre-series a, made some process changes, etc. As we grew, there were a bunch of other things we did to help everyone out (including me, the founder). All ships rise with the tide and all that at a company.
Good luck!
I’ve built and sold SaaS businesses that worked with fortune 100s (who had PR good days and bad days). That is all to say, I’ve seen a lot. As you grow, the loudest folks tend to be the unsavory ones. I’m not saying someone can’t disagree. Rather, it’s the people who are unreasonable or just nasty… it’s those people who will keep popping up.
A good fix I found over the years was just being extremely open, transparent, and honest. Don’t over explain or defend yourselves. Just concisely explain your position and be transparent.
In the future, if you get big enough, you could set up a “corporate social responsibility” type committee that focuses on important social, governance, etc. type issues and tracks/improves them. Then go a step farther and put an annual report out about all the things you do. Just a little preemptive strike.
Naw. Use university for that. Use this as a foundation for something in your 20s. Save it.