Assaf Ben-DavidMentor, Entrepreneur, Lawyer, Public Speaker
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Experienced Startup Mentor, Commercial lawyer, Lecturer & public speaker. I've helped over 300 entrepreneurs & 100+ startups. Taught tens of courses and given hundreds of talks. Founder of the Legal Clinic for Startups.



Recent Answers


Hi,
There is no problem raising funding even if you are not in the US. I've helped startups raise funding regardless of their location.
The more important question is what type of funding are you looking for? How much? What for (what are you going to use it for)? what is your business model and What is the return on investment?
These are the more important questions that investors are going to ask...and probably only get to "where do you live" a much later stage.
I'm happy to help you with the above if you need.
Good luck

I've successfully helped over 350 entrepreneurs, startups and businesses, and I would be happy to help you. After scheduling a call, please send me some background information so that I can prepare in advance - thus giving you maximum value for your money. Take a look at the great reviews I’ve received: https://clarity.fm/assafben-david


Nice idea.
A few similar such services exist - each in their own city/state - but each service is usually for a few specific services (like getting your packages or laundry, selling your property etc) - I don't know of any platform that combines all such services...Fiverr would be the closest perhaps.
the only risk here - or issue that would need to check - is if this service has a need in 'regular' times, when the Corona passes in a few months.
Good luck
I've successfully helped over 350 entrepreneurs, startups and businesses, and I would be happy to help you. After scheduling a call, please send me some background information so that I can prepare in advance - thus giving you maximum value for your money. Take a look at the great reviews I’ve received: https://clarity.fm/assafben-david


Hi
This is a classic market place SaaS (Software as a Service) and the classic answer for getting both sides is quality content, quality marketing, and word of mouth (which you'll get once you provide quality service).
The key issue, BEFORE you think about how to get them to your platform is to first create a POC (proof of concept) to make sure that people want to use such a marketplace - doing this is fairly easy and will save you hundreds of hours, and tens of thousands of $ building the website.
I've helped numerous startups working on marketplaces and would be happy to advise you on doing the POC (and connecting you to a development company if you want one). I can also help you create the basic landing pages for the POC.
Good luck
I've successfully helped over 350 entrepreneurs, startups and businesses, and I would be happy to help you. After scheduling a call, please send me some background information so that I can prepare in advance - thus giving you maximum value for your money. Take a look at the great reviews I’ve received: https://clarity.fm/assafben-david


Great question.
Seeing how I'm sure that you value the experts time, just as you value yours, I'll be happy to share some interesting ideas, together with what is going on in my country, during a call.
Best of luck
I've successfully helped over 350 entrepreneurs, startups and businesses, and I would be happy to help you. After scheduling a call, please send me some background information so that I can prepare in advance - thus giving you maximum value for your money. Take a look at the great reviews I’ve received: https://clarity.fm/assafben-david


Hi
Almost the exact same question was asked a few weeks ago on this platform, so maybe the answers there will help you:
https://clarity.fm/questions/6664/what-re-the-top-3-things-you-will-do-if-you-re-starting-an-airbnb-for-corporate
Good luck
I've successfully helped over 350 entrepreneurs, startups and businesses, and I would be happy to help you. After scheduling a call, please send me some background information so that I can prepare in advance - thus giving you maximum value for your money. Take a look at the great reviews I’ve received: https://clarity.fm/assafben-david


Hi
Good question. Selecting the right investors is one of the most important stages - as investors can make or break the venture. - especially if it's friends and family.

The amount of shares that should be given:
1. A good tactic in negotiations (and this is a negotiation) is to first try and find out what the investors want. It may just be that they were expecting a percentage that you are happy to give, in which case there is no problem (In this case, I would even give a little bit more than they asked for which will positively surprise them - even if it's just one %).

2. Calculating how many shares each founder should get:
There are various factors to take into account. These include: (a) the size of the investment (b) the current + potential value of the company, (c) the added value that the investor brings to the business (such as connections or expertise), and (d) how hard or easy it is to get investments from other sources.
At the end of the day, it's all about value and psychology (both side's feelings and perception of value).
Bottom line:
1. It all really depends on how much value they are giving you (not only financial, sometimes even just moral support goes a long way).
2. Ask the potential investor how much shares they want (before YOU give a number).
3. Have an open conversation with them in regards to each of your expectations.

I've successfully helped over 350 entrepreneurs, startups and businesses, and I would be happy to help you (including drafting the investment agreement if need be). After scheduling a call, please send me some background information so that I can prepare in advance - thus giving you maximum value for your money. Take a look at the great reviews I’ve received: https://clarity.fm/assafben-david


1. Linkedin
2. Facebook.
3. Music forums
4. Instagram.
5. Bands / Orchestras.
Ask others on the above platforms to help. People enjoy sharing and participating in such things.
Sounds fun. Good luck
I've successfully helped over 350 entrepreneurs, startups and businesses, and I would be happy to help you. After scheduling a call, please send me some background information so that I can prepare in advance - thus giving you maximum value for your money. Take a look at the great reviews I’ve received: https://clarity.fm/assafben-david


Schedule 2 separate calls.
The person books a call using the promotion link (or just set your hourly rate to 0), then, change the rate, and have them book another call for a time which is directly after the first one.
Alternatively, let them book a paid 30 min call (at half your usual rate) and then talk for 60 minutes - so they’ll only be paying for 30min I’m actual fact.
Good luck


Before giving you the practical tips, it is important to first point out 3 things:
A) You should be 100% sure that you really need a co-founder (versus using a freelancer or employee which may be sufficient).
B) Investors usually take a deep look into the team and prefer founders that have worked together for some time and/or know each other for a minimum period (preferably those who’ve already experienced difficulties together before).
C) There is a reason that CBInsights found that the third most common reason cited for startup failure is “not the right team” and that the most common agreement that I draft as a startup lawyer/mentor is a ‘separation agreement’. The reason being that most co-founders eventually split – and not under nice terms.
In most cases, freelancers/employees can do what you need (perhaps the only exception is having a CTO when trying to raise capital from VC’s – and even this depends on the type of startup).
How to find a co-founder:
1. Go to networking events - some of which are dedicated to “co-founders dating/matching” - try www.meetup.com for this.
You can also try www.founderdating.com or www.cofounderslab.com or http://www.founders-nation.com or www.founder2be.com
2. Take part in chats in relevant forums (depending on the type of co-founder you’re looking for).
3. Consider joining accelerator/incubator programs for startups/entrepreneurs - some of them connect between founders.
4. Contact head of programs at universities and tell them what you’re looking for. Today, many universities and cities have startup programs with a lot of talented participants (or speakers) who might be the perfect co-founder for you.
5. Talk to friends and family and let them know that you’re looking. This helps expand your network. Post a message on www.LinkedIn.com .
I've successfully helped over 350 entrepreneurs, startups and businesses, and I would be happy to help you. After scheduling a call, please send me some background information so that I can prepare in advance - thus giving you maximum value for your money. Take a look at the great reviews I’ve received: https://clarity.fm/assafben-david


when you say 'raising money' do you mean from investors or from the users (in which case you mean your business model)?
If you're referring to your business model, then here are some common options: advertising, affiliate programs/leads, up-selling of related products or services, etc.
If you meant raising money from investors, then it is very important to them to see a clear business model which can realistically generate profits. Many startups think: I'll get tens/hundreds of thousands of users and then I'll be bought out by a big company. This is rarely the case unless you have millions of users. So, you either need to show investors that you have a clear, realistic business model, or that you have a lot of users, that the number is growing, and that the users are recurring users (there are other stats, but these are the main ones).
If you give me more details I'd be happy to give you more specific advice.
Good luck
I've successfully helped over 350 entrepreneurs, startups and businesses, and I would be happy to help you. After scheduling a call, please send me some background information so that I can prepare in advance - thus giving you maximum value for your money. Take a look at the great reviews I’ve received: https://clarity.fm/assafben-david


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