Hi, in my opinion no, you should test first the device in your local saloon. After you improve the product, and after you are satisfied with the product is working, the next step would be branding and marketing. Before you come to market then you should fill for the patent. Kind regards Kruno.
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 ...
If you have no team or your team is lacking what they have it could be a great reason to reach out to them. On the other hand, if you have or can build the right team there is little to gain from partnering with starups like this. Remember that it takes a team to build a successful business and ...
In my experience a technical co-founder's primary responsibilities are to be a visionary first, a hacker second and a manager third. first you recruit a tech co-founder to help visioneer what your product can, will and should do. then you have them support the one key part of the development pr...
You must be very careful about this type of loan, as doing this wrong can have profound tax effects. This is called imputed interest penalty. So the IRS can determine a loan was paid back incorrectly + ascribe some random interest rate, then require you pay back taxes + penalties on whatever rate...
Remember having a friend in a similar situation. This was my advice in that moment: -Make a list of the top 50 clients you had in the consulting firm, choose those which you had a close relationship and can actually talk about you (not fake it) -Call them and ask them if they believe you did a ...
Go with the company you're most passionate about and you'll make a living or more. I wouldn't do B just because you think there's some pot of gold at the end of the rainbow. Your health and sanity isn't worth that trek, especially if you having some else you love.
I think it's important to understand your business goals before jumping into app development. Have you created a Lean Canvas or something like that? Do you know who the customer is and what they want? Has the developer built anything that they can show, even a mock-up or prototype? It's tempting ...