First to your question. No, unless there is a law in place, nothing is mandatory. That said, not liking your industry will make it more difficult to succeed. Those who love what they do will work harder and longer to achieve success. But success means different things to different people. Do yo...
Hi there, Congratulations on your scholarship! I am both a startup adviser and college professor. My advice is based on my experience in the US, so please bear that in mind. Typically a personal statement is a combination of resume, aspirations and suitability. In that the school wishes to see...
You can learn from the other players in the market and create a service like Gmail, but before that you have to keep in mind nine features before you set out to meet your goal: 1. Spam Filter - Spam messages are a huge time waster. You do not want to spend your valuable time reading them. That ...
What kind of business? What product? What market? Who are your customers? Where do you add value? All this questions (and more) have to be answered before you start the business.
These are good questions to start with. I'd recommend rephrasing the first question to "How likely would you be to use this app?" (subtle but important difference - it can be "helpful" but they may not use it). And rephrasing the second to "How much would you be willing to pay for this app?" (aga...
If you are having doubts about taking the money then don't do it. The reality is that as an investor, a day will come when you are succeeding and there is room for a lot of growth - you are there now. If you think you don't need them, either raise the amount or lower their stake to were it is as ...
I'd venture that if you have to ask such a generic question about how to start a startup, you're probably not well equipped to do so. My suggestions are as follows: 1. do 3-6 months interning with a small very early stage startup 2. find someone else to execute your idea whilst retaining a ...
You can read the listed books but it will not help you to start your startup 1. Zero to One. 2. The Lean Startup. 3. The Startup Owner's Manual. 4. Founders at Work 5. Crossing the Chasm 6. 100$ startup 7. Never Too Late to Startup What you need is a market and start-up capital and not some i...
The very early stages of becoming brave is through believing in oneself. Once you've confirm your confidence at personal level, it will be easier for others to believe in you and the services that you are yet to offer. Good luck.
Hi there, My name is Luke, I work for start up and I should be able to give a little more insight from the employee perspective as I am in a similar situation right now! I think what you will find in this particular situation is there is no one right answer. Only you will understand the relatio...