I'd love to hear more. I'm a travel professional with 9 yrs in the industry.
It really depends on a lot of factors (i.e. type of business you are in, how much cash intensive it is ...). As a general rule though, I would advice you to BOOTSTRAP AS LONG AS IT IS POSSIBLE. Bootstrapping has a lot of advantages, nonetheless that you get in lean mode and make the best of e...
It depends :) Financing: When you're ready to start raising funds, C Corps (especially Delaware) are still preferred in the VC world although some angels are increasingly willing to invest in LLCs. Risk: When you're just starting off it's okay to have a holding LLC with DBAs. As you grow one ...
Q) What info would a buyer need in order to make an offer? Unsolicited offers rarely start out as offers. They start as conversations. Cold inbounds from potential acquirers are usually done to establish some facts and also willingness to entertain an offer. They need to have enough informatio...
That's a great question. I hope I understood it properly. In terms of the comp landscape, tools like glassdoor.com are great for finding market value salaries for specific titles/locations. No need to hire someone there. For the rest, it seems like the expertise would be spread between an HR ex...
There are good approaches for Elance/Upwork/oDesk if you approach the job req. correctly. There are also private agencies. I've hired account reps more often via virtual assistant agencies directly than from Elance and it's ilk, but many times I'll use that platform to isolate good candidates and...
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The better question may be why can't you find startup co-founders? I can see two main reasons why this might be the case. First, no one else sees the same opportunity. If this is the case, you may be on to unique value that no one understands, but that could also include the potential market. If ...
There's a lot of options, but a form that's getting popularity recently is the SAFE (similar to a convertible note) which was popularized by its use in Y-Combinator deals. It allows you to set a valuation cap on the round for those early investors and set a discount for their early participation...
I started my last company and grew it with $20,000 to $12 million in 10 years. And while I was in the early phases, I did put in on my resume.. So, I believe you should. If it is a registered business entity and you are working it, it is still what you are doing, regardless of revenue of the c...