One of the most toxic ways early stage companies fail is picking bad co-founders. Building a business is hard, and if you expect to ever make it anywhere worth mentioning, you're going to need help. Anything past a cute business that makes you a couple hundred bucks a month is going to have mor...
I think a better question would be to understand why people are cancelling after making a booking? Are you catering to business travelers whose schedules may change? (no amount of cuddling will save all sales) Are you catering to vacationers who might find better deals elsewhere? (appeal to th...
There's no single "magic bullet" answer to this problem so, instead, there some questions I'd like you to consider: 1. What skills does he have that got him the position in the first place? How can those be leveraged? 2. What can you do to help him navigate through the transition (I'm assuming ...
Hi there Sounds like a great challenge - would love to bounce some ideas around with you. I've been building businesses for over 12 years now and have consulted with numerous global brands on business strategy, marketing programs, business model design, and digital marketing. Let me know? Best...
There's a couple things to take into consideration. Do you want to host the software yourself? If not, look into ticketing solutions like EventBrite or similar. If you're willing to host it, there's a ton of really good solutions available as plugins for WordPress. I work for Modern Tribe, and ...
I'd suggest investing in a business (or businesses) of your own. A successful business will provide you with the greatest return on investment you will likely ever come across. There's no blueprint on how to do this - but there is definitely wisdom, strategies and tactics you can use to signifi...
Go find investment forums/meetups like Zino Society, Keiretsu Forum, or whatever you have locally. Just attend and introduce yourself to people. Keep going back and have a simple business card to exchange information. Follow up via email. Just meet them first and talk about what your doing, but I...
A deposit is simply an advance against an amount due under a contract. If the customer owes you $120k for completing a contract for an event, the deposit is recorded as a liability on your books until you complete the contract. Then you record the sale and any balance owing becomes your receivab...
Being as collaborative as you can be is a good start. Outside of that, being honest and transparent about why the changes are happening is a good way to build trust with the new team. Keeping a positive attitude and energy around it will also help to soften the blow. Most importantly, continually...
Any Scrum Master or Team Member is keenly aware that they are expected to deliver software each and every iteration that provides value. Reporting, measurements, and metrics are vital part of that effort, which going forward I will just lump together in only one term called “reporting”. Some of u...