The terms are based on how an Angel investor views your company as well as your startup’s value in the market. So they are looking at your impact potential within your sector and industry, the size of any recent exits, the willingness to enter into a deal, and vice versa for the entrepreneur.
Is it possible the two bank folks are saying the same thing about you and your singular focus on the application? That you don’t have the same depth of understanding on what it takes to make money? Diverse skillsets on a team will occasionally lead to operational disconnects because everyone bri...
I've been a commercial real estate broker for 5 years now and have ventured into a handful of business partnerships - some have worked and some have nearly ruined me. What I find, on a surface level, is that you must absolutely share the same VALUES and MISSION as your potential partner. Having e...
The previous answers given here are great, but I've copied a trick from legendary investor Monish Pabrai that I've used in previous startups that seems to work wonders -- especially if your company does direct B2B sales. Many Founders/ CEOs are hung up on having the Founder/ CEO/ President titl...
How about 'getting the word out' by talking about your startup and app on podcasts. You can start with my daily show called The App Guy Podcast. Subscribe On iTunes https://itunes.apple.com/podcast/the-app-guy/id771670010?mt=2 then contact me through my website http://TheAppGuy.co
Hi Have you been to your GP to check on your sinus?
Do you want a job instead of to be an owner? No way! Read "How To Get Rich" by the dear departed Felix Dennis, who did not have to sell a single copy of his book because he was already bloody rich. (Compare/contrast against so many other "gurus".) You'll read that he says not to give one single ...
Assuming each sales person is carrying a $1,000,000 quota then that works out to 2084 new users per year. That translates to an annual bonus of $125K USD on target earnings. If you are looking to motivate more sales, then I would suggest a sliding bonus structure that increases as reps sell mo...
There is likely a lot of background to this question, so it's difficult to answer online with one specific solution. To begin, "control freak" and "abuse of power" can be quite subjective terms. Objectively, in what ways do you feel he is overstepping his authority? Is this a recent event, or a...
The best way is always through helping your people to grow. Think about the micro managers motivation - typically it is fear driven. Alleviate that fear. Give them the One Minute Manager book and talk about it... If they are tough to approach, hire an outside consultant to come in and talk w...