It is the old question of time vs money, that most entrepreneuer face. First everyone assumes their idea is great. I am not talking to you personally but the statistics show that this is not the truth. Even with careful market research (not just asking Google and friends) there is always a chanc...
You can get a trademark to protect against infringements on your domain name. It is essential for a online business. It is used for branded domain names. For an intellectual property as your domain name it is an intangible right, the benefit you'll get of ownership is that you the owner has a rig...
Hi, I have helped many startups and it is true that you should research an idea - well done for this - not everyone does it or does it well enough. Do you start with the problem you are trying to solve (or pain or need or desire)? It depends of course if you are looking at B2C or B2B solutions ...
A bird in hand is worth two in the bush. But, you're trying to hold the entire bush, keeping birds inside. You want a job, want to work inside the incubator, but don't want to work for startup. I'd advise you to listen to the CEO and try to understand his perspective and preference. But, don't ...
It depends on what are you testing by launching MVP. MVP is use to run an experiment to test (validate / invalidate) business assumptions (Customer, problem, solution , channel ... assumptions). If your are interested, I can share some material about MVP and validating business assumptions
I'm not sure if this is how you imagine this world to work, but at least according to the order you wrote it "raising funds" was first. In reality it should actually be one of your final steps of the stage you are at right now. It may even come after a year or two! So you have this great app i...
You would have to be a little bit more specific. But what I would suggest you do is to go to Meetup.com and look for startup events in your area, also search for Startup Weekend events. Good luck!
One word: Royalties This means you generate the idea and develop it enough to look interesting to a larger company who would be willing to pay you a royalty for your idea. This happens all the time. Rock stars, authors and scientists routinely license their creative ideas to other companies who ...
If it's SaaS, you should be monetizing from day one. An MVP in SaaS is the minimal product that people will pay for, that's the starting point. You evolved the product from there. If it's a consumer app, that's a little more complicated. Often times, monetizing preemptively can stunt growth and ...
Two: (a) Top-line growth and (b) Cancellations. I like businesses where "growth" means "revenue," otherwise to me it's only an indication that people are mildly interested rather than proof that it's a *business* that is turning into a validated business model. But of course with consumer often...