I know this is a tricky problem to solve on optimizing costs and trying to get customers refer your service. Referral schemes work perfectly where incremental costs of adding additional service is marginal, like the case of DropBox. When the incremental costs are a significant portion and adding...
I built and sold an enterprise company to IBM. While the fundraising climate was very different then, here are the things you should look out for: As a general rule, if you're going to raise money, then you want to raise enough money that you can get the company to the next stage at which you'll...
The technical legal answer is unless your subscription agreement or convertible note allowed for some type of rescission right, a contract was formed when he executed the subscription doc that generally can't be unilaterally rescinded. From a business and relationship standpoint, you may want t...
1. Would be great if you can tell us more about your audience. 2. Do you have data sets available about your users. Age, gender, income, etc because if you don't have that then don't expect to get paid top dollars. 3. I don't think you need to build anything at all. Instead of using an Ad netwo...
Get into a showroom that has these connections. I'm with one in Los Angeles so I don't have to worry about sales. I have connections with a few that work with the majors. It will cost a min of 500 a month but that's the way to do it right. Just be aware of Be cautious, as there are showrooms that...
As a television anchor, you would have reached people – I imagine – partly through "stage presence", personal charisma, presentation and delivery. Some of those personal qualities and skills may be lost online, where text and static images dominate. However, many online platforms lead to in-pe...
I've met co-founders and team members through participating in Startup Weekend evens. (The last two companies I sold were started at startup weekends!) But, I generally recommend participating in others groups or pitching different ideas than you're trying to find a co-founder for. Another grea...
I'm answering with the assumption that you are going to deploy this B2B rather than B2C. Developing traction before the fact for business or enterprise solutions can be tough - you can't presell them in the way that you can with a widget, you can't drive masses of consumer traffic to them to t...
Once your profitable and have a concept that works - finding investors is not the problem, its getting rid of them. Who doesnt want to put money into something that has proven to work and make a return? Seeding and funding is more for people trying to build a concept they think will work, and ne...
Having just completed a top notch Accelerator program I can tell you that even in the great programs not every company survives. Accelerators and their coordinators are a good resource for entrepreneurs who may be in search of additional opportunities. That group of people varies greatly in ter...