There are many consultants, brokers, appraisers and other experts who value businesses and cash flows. I do Most Probable Selling Price evaluations for my clients in most of the Western World. The problem with a pre-revenue enterprise is that you'd be relying on projections. Anyone who wants t...
Tying your compensation to your performance can not only increase your revenue stream, but also your chances of closing new deals. Instead of replacing your pricing model, you can keep your current monthly rate, but add one or more of the pricing models discussed below. This should not endanger ...
Yes, when you file your taxes you write off your investments as a loss. You wont be be taxed unless your business turns a profit.
While I appreciate prior documents or assets being shared, it's best to review the ToS and verify if there is an NDA included in it. With marketplaces, such as Upwork, there are NDAs that are implicit when contracting. Not sure if it's on here.
The answer comes down to: 1) Is your idea good enough: What you can offer that your competitors can't? 2) Is your team good enough: Does your team have the ability and drive to pull off the idea? The answers to those questions are impossible to even start to assess with the information provide...
Make a list of all the con's of making a decision. For each con, answer: 1) What's the worst thing this could mean to me? 2) If this did happen, how could I fix it? If you do this, you quickly realize that the "potential" downside is actually not that bad, and if you're successful - the upside...
Read the book What Would Google Do?! Their business models peaked at the right times and their brand is sticky because the technologies work. They make the complicated world of information on internet simple to navigate. Like the Apple products, it is a tool that anyone can use and feel good...
It's never too early to bring in experienced people. At an early stage company you're operating with limited resources and you can't afford to waste time making other people's mistakes again. Bring in experienced people as soon as possible. If you think you can't afford them, try to find peopl...
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...
The ways I've done this in the past are 1) Find some customers that are willing to hire you (or your product) but know that you'll only be free nights & weekends to support/work with them. 2) Find a "partner" (co-founder or other) that's got a flexible schedule that can help build the business wh...