A 7 day retention rate may not be the right cycle by which to measure, depending on the natural usage patterns of your users. And besides which, this is probably not the one metric that matters to you, right now. For example, are the core social components working well but there's little eviden...
What matters is the _ratio_ of UX to benefit. For example, if the user will benefit immensely from your product (e.g. they will automatically get $1 million once they find their way to a certain part of your website and click a button), then they will be willing do deal with a pretty horrible U...
The first thing to understand is if they're looking to be a venture funded startup. Not all startups plan to raise money. If they have in the past, then issues equity is very standard and they should bring it up - if they havent, you can ask. If they aren't looking to raise capital, then having...
It is a very good idea to have a consultation marketplace for finance experts. The customers will be able to ask questions and if they find suitable answers they can get on a call with the experts. Since you have already found answers to the questions below: - What is the problem? - Who are you...
It's really ill-advised to solicit your vision from anyone. In my 20 years of building, investing and supporting tech companies, I don't know of a single success story that has it's origins in someone with your approach. Running a tech startup is incredibly hard. It demands sacrifices few are ...
Trust the opinion of the designer, don't make it a free for all of feedback from everyone and your mother. Thatis how bad logos happen. Work with them to decide the best one based on your business goals. They will appreciate you asking their professional opinion on the design.
Kudos to you for seeing the value in great copy. I love that you mentioned 37signals, which is an organization that's made copywriting part of almost everyone's jobs (or so they've shared on their blog). MailChimp and Zendesk are two others that people often point to re: great copy that builds a ...
The first question I would ask back to you is how many clients you have currently. What is your retention rate? Your capture rate? From there you could develop a strategy to capture the next 5,000. If you haven't enlisted certain marketing channels or networks, you may be able to make a predictio...
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...
The biggest question you'll have to answer at this point is whether you and the founder can get along. You've already highlighted issues with the founder but does this bother you? Are both your goals aligned and do your values agree with him/her? In a previous experience, I brought someone on w...