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Hello, My name is Mauricio and I currently work in both the private and government sectors. I have experience starting up my own business by leveraging owned assets. I am currently licensed as a real estate professional and I am in the process of obtaining my mortgage lending license. Dependi...
You should never bring anyone on the team unless you feel they are awesome and will add value. I believe the first 12 team members will dictate the success of the company. That being said, you can bring in team members and give them equity that vest over 4 years, so that there is no risk to you...
Mark is correct that the best advisors should have skin in the game but that advice is applicable only when you and your business are obviously investable. I've engaged advisors at times when I knew I wasn't ready to ask for their money and I've often begun advisory relationships in the earliest...
A private equity company can offer any combo of preferred shares, warrants, options, or convertible note. They are like any other investor and can pick and choose, especially if they think you may be desperate for money. If you have more breathing room, and your deal is solid, consider shopping...
It’s actually better for the brand to be more established on multiple platforms because as the targeted person switches apps, they will see your image again. This really increases the chances of you getting clicks and converting. The money aspect of your question is easy, start off by doing the s...
B2C apps typically use a freemium model to make money off of in-app purchases and ad revenue. You could also make a paid monthly subscription model work in several categories, such as Newsstand. The challenge is finding the balance between giving enough functionality away for free so that your ap...
Quick summary answer: You must promote this using direct mail to businesses who are in the right geographic region to take advantage. Buy or rent lists from: Chamber of commerce, local business association, local council rates payers etc. Also find organizations that have mailing lists and agre...
Well, I made money in the first year...in the first couple months, actually. I run a consulting business. The other guys...let's get some definitions going here. They made revenue. Unless they were totally hopeless, they had some cash coming in. But they also had expenses going out. Manufacture...
The first thing you need to do is clarify your idea. A "mobile wallet" can mean a lot of things. Are you wanting to build an app, a company that partners with credit card providers, or create a vehicle to save on medical bills? You must think about this and research. Once you have clarified you...
As a an expert, there are several ways you can monetize your skills and knowledge. Here are a few options to consider: 1. Coaching and Consulting: Offer one-on-one coaching sessions or consulting services to individuals or businesses seeking clarity in their personal or professional lives. You c...