There are a number of best practices -- and, generally, they are universal regardless of your product or service. The one that I would stress above all others is: Understand Your Customer. That is, resist the temptation to "jump in and build something", take some time to interview prospective c...
Still gather cash flow generating assets for your mom business; such as mortgages, bonds, and other types of debt/s and repackage them into discrete classes based on the level of credit risk assumed by you as an investor. Then you can help your mom get her business publicly trade.
If you've had a good month I can see the temptation to take those figures and multiple by 12. However, it's not as simple as that, unfortunately. Your run rate is a financial prediction based on your current performance. So, it would be reasonable to plot your performance over the last year (or t...
Hi there. No matter where you are; Kickstarter, gofundme or indiegogo are really good crowdfunding options Take care
Unfortunately, there is no best way. It all varies by your goals, the funnel required to get people to the conversion and the value of each attribution. This type of modeling takes time to establish and generally will only come through experience of analyzing the data of visitors going through th...
Hello, I've built and integrated with countless payment processors in my time, including the usual Stripe, PayPal and Braintree managed processors as well as direct banking integrations (HSBC, RBS etc) and I've also worked at indirect competitors of AirBnB and the key to getting the process to ...
I'm in no position to advise on the cost of a Tinder-like app - having never used it myself. I can however share some thoughts on Freemium. Freemium is too often engaged because it is easy - not because it is right for the business. You'll still need to determine how'll you make money, even wi...
Great question, I've dealt with this exact same issue. I've found the best way to look at this problem is by analyzing the problem you are solving for this "lighthouse." Is this something they would build anyway? If so, how much would it cost? Anything less than that is probably a win for them. I...
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So you're saying that your business is a service business like auto repair, home buying, or any of millions of businesses that have existed for many many years. This is not a problem. Businesses like yours are bought and sold every day. The secret is a track record of profitable cash flow and ...