I would say, what you are hearing is correct - I would take all 4 of those as MAIN factors. Maybe add another two - Verticals that you are an expert in. - Verticals where you will have enough $$ to break into / develop / support for some time, until you start making profits. Most startups op...
I'd suggest forgetting about trends, and instead focusing on finding problems that lots of people will pay you to solve for them. Here are some ways to get started: (a) Have a clear idea of the few areas where you may have a view of what lies just beyond the edge (technology evolution, market ...
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!
Depends on the startup. If you have IP that provides a clear advantage, that's more valuable and easier to make successful than say a mobile app idea. Traction has become investors favorite buzz word. It makes sense though because they aren't gamblers. They are looking to fund proof of concept. T...
Hello, my name is Humberto Valle and I focus on growth strategy and marketing for companies around the world, i run an all inclusive digital marketing platform with a team out of Arizona. Here is my feedback: This is not an ideal situation you want to be in. Just as with crowdfunding campaigns ...
Yes, it is possible. These are called Information Interviews. The key to keep in mind here is that some people are going to be happy to talk with you, and a few are not. Don't take the few personally: they don't want to talk to anybody. If you want a fast turnaround, call; if you can wait, send...
Interesting question, but I don't really see it as a "chicken and egg" type challenge. For a service startup business, you will still need an online presence. In the Lean Startup method we talk about MVP, the minimal viable product you can build to both test the waters and get paid. Why build a ...
This is a typical problem with any start-up, i.e. intention to trade everything for equity. I am assuming that you're trying to trade equity for cash. In that case I would suggest you to look out for individuals with diversified skills and competencies. The reason being, less the number of indivi...
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...
It depends on a few factors. I would say that it's the investors that value your company, not you. Until there's a (first) funding event, valuation is a theoretical thing. A bit like real estate, your home is worth what the offer comes at. That said, it depends on the potential of the idea, t...