This is a good one. I'd recommend reading The Innovator's Dilemma by Clayton M. Christensen. It provides a lot of insight into how companies get so invested into what they've built that they have a tough time identifying if/when to adapt to emerging technologies, behaviors, and helps identify how...
As Dan Kennedy says, "Explorers tend to return full of arrows." In other words, good chance of failure trying anything new. Do something old, with a new spin. Tip: Read through Kennedy's books (I could 60+ on my bookshelf) about how to do... business spins... slapping a new face on an old indu...
Follow how http://growthhackers.com/ has done it / it's Q&A plus a resource for links and community. Pure brilliance.
What city are you in? Are you talking about your product or do you keep it secret? Finding a team is one of the most difficult parts. Make sure you ask friends of friends if they are interested. People often forget to tap their network to find talent. There are a lot of events that help find st...
As a rule of thumb it's better for you to continue investing yourself as far as you can. The reasons are: 1. The later you raise money, the more your business should be worth 2. You are able to retain more control of the business 3. Fundraising is very time consuming and will divert your att...
Being both a Consultant to Startups and an Educator to young people like yourself, I commend you first on getting international experiences of any kind. And it's great you have a good business idea! Here's the beauty of applying to those companies - you can always say no or not pursue the job. A...
When it comes to brands like Gucci and other designer clothes, these are sold under license from the houses themselves or buy distributors. You could apply to become an authorized retailer of their brands. Not following these channels could lead to creating a gray market or black market supply, ...
I have worked in brand development for over a decade. Have you ever thought about doing a high end concierge service? People answer questions and send pictures to have high end goods and gifts selected for them. Give me a call! I would love to brainstorm!
Most podcasts like you're describing start by using the audiences of their guests. This makes it tricky, because you're effectively asking someone to come on your show to leverage their audience for your growth. That's still a value proposition for the guest, however, because it's back links, e...
For a long time, Apple considered Apple TV to be a hobby, not a real product worth focusing on, because it did not generate a billion in revenue. However, for a start-up, getting to $50 million in revenue can be the start of a wildly successful business. But being a start-up affords many advantag...