First of all, this will come down to branding and how you wish to position yourself relative to the vertical (niche) you wish to operate in. Things such as market research do help to a certain extent but it will also come down to what that luxury item is. For instance; in the sense of luxury w...
I have a book on Amazon that may help guide you, "Time To Talk". There is a chapter in it that talks about the different businesses that you can do online with little to no overhead cost. Almost everything (no matter what it has been in the past) is transitioning to online so really the sky is ...
Crowdfunding is the best option to raise money from all around the world. I did this multiple times for my startups. There are several different options, you can start your research with Fundify, Seedinvest, etc. Look for Equity-based crowdfunding. Good Luck!
There's a lot of money to be made in the luxury space, but you need to bring something unique to the marketplace. That means studying BEYOND that just what you learn in school.
Yes, a small % of people will take advantage of it, but the increase in sales you'll have due to the money back guarantee will more than make up for those cheaters. Note: Don't make it 100% incredibly easy for people to get their money back. Require them to at least write to you about what they ...
I have found CrossComm in Durham, NC to be among the best. Sean, their tech lead, really helped us at Reveal Mobile. They are reasonably priced with an impressive client roster (Duke, LG, T-Mobile, etc...). See http://www.crosscomm.net/ and just give them a call at 919-667-9432.
Not necessarily. You have to weigh your available time and money. If you have more time, identify key influencers and build a relationship with them. If you have more money, then hire a PR firm who will do this in a way, but will really rent a lot of attention in the industry. Once you stop payin...
You can start by personally emailing them and saying thanks. Doing something public without their permission isn’t cool. I send Direct Messages on Twitter, emails, all day thanking people.
Absolutely, now more than never! If you take aside the psychological factors (motivation, strong desire, etc.), business success in general is dependent on 2 key variables : money and time (*not* experience). You cannot start a business with no money and no time. But if you have either of the t...
I love this question. If you have to work on the side while building your business, I recommend doing something you absolutely hate. That keeps you hungry to succeed on your own. You'll also typically save your energy for the evenings and weekends where you'll want it for your business. Don't exp...