100%. Many companies "Pivot" and when they do, they let their current users know that the service is shutting down - but that they're now moving onto something new (or launching a new company). Flowtown (my last company) did this 3 times. We even leveraged users to test the new product before ...
Academy is an initial stage venture where you join in the early phase of your startup, however accelerators should be joined when the product is ready. Accelerators can speed up your business.
We had a similar issue. Assuming all 3 co-founders are American citizens I can think of two banks: Everbank and BofI. If your co-founders are merely living in America but not citizens, BofI is out. Everbank however will still allow you to bank with them but you might have to jump through some h...
Hello, My name is Erik and I'm a Call Center Expert and Senior Analyst Programmer. I've been working on employee/leaders productivity since more than 15 years. I suggest prior to establish an evalutation form, you must align clear revenues and profits goals and also layout your top social value...
Let us start at the heart of all start up ideas, what is there a need for that is not currently being supplied or that has not been fully realized upon. When you find a niche that you can supply a demand for that no one else is supplying or that no one can supply in high demand you have found you...
You get the bravery to do the thing by doing the thing. Stop being in analysis paralysis and just get on with it. You build a business one step at a time, one action at a time. Just get on with it. Stop worrying about whether it will be profitable or not. You either want the thing or you don't...
Hi, so I've been part of multiple startups, successful and "failed". The pattern with most is that the originators of an idea tend to be the ones wanting to be the CEO... If the originator is a team, together you guys need to honestly answer each other questions such as: 1) who handles pressure...
I was born a maker, and I've been an Entrepreneur for six years now (and a wannabe for much longer before that) and I think the worst advice I've got was from people who had never taken a step of the journey. People with academic (or other) credentials who advise you based on theory and complete...
It depends on what you mean by fail! I only help software startup founders - not all founders. I believe that there's no excuse for these founders to fail to get a product to market, if they have the funding to do it of course. Even then, there's a lot founders can do (for free!) to maximise th...
There is no formula for that. Read as you need to. Have your mentor(s) suggest books that are specific to your needs. A good starting point might be one relevant book per month to start. There are also those book summary services that can give you the themes of the books in 5 minutes of reading. ...