In my experience a technical co-founder's primary responsibilities are to be a visionary first, a hacker second and a manager third. first you recruit a tech co-founder to help visioneer what your product can, will and should do. then you have them support the one key part of the development pr...
Remember when you start a business or are an established business you have to decide who is your perfect customer, since not all potential customers are equal, and not all potential customers are profitable. It is likely that the type of customer who is purely price orientated like those on Elanc...
Hi there, I'm gonna tell you the truth: there's not any "proven well converting sales funnel" at all! Don't waste time on that question, is the wrong question you're asking yourself. As the founder of a Conversion Rate Optimization company, having worked on hundreds of different websites and e-c...
This sounds incredibly convoluted and problematic for you. Generally, any financing structure that is this unique is a turn-off to new investors, especially institutional investors. That they've recently raised funding for their business but are contemplating building a new business with you (...
You are right. Any updates on site will require you to think about SEO so there is no lost traffic here is a QA wordpress you can use http://www.designwall.com/wordpress/plugins/dw-question-answer/ Also this is good seo plugin as well https://yoast.com/wordpress/plugins/seo/
It depends on your charter or mission as well as your long term vs. Short term objectives. If your mission involves a larger more expansive view - then you will need to spend a lot more time on unique problem solving that has a strong potential ROI feeding the fulfillment of the mission. It kin...
Yes! I ran a silk-screen printing business when I was 15. It was a great learning experience. Do you ever watch Shark Tank? This episode has all kid/teen entrepreneurs: http://www.huffingtonpost.com/2014/03/12/shark-tank-kids-episode_n_4950983.html Here's a Ted talk check out: https://www.ted...
The answer really depends on many factors. You are correct that many SaaS companies valuation falls into the range of 3 to 9 times revenue. I would say that companies that have a very high net income % (25%+) would fall more to the range of 7x-9x and companies that are closer to breakeven or lo...
Angel Investors will understand that you have a need to draw a salary... but the idea of taking their cash and putting it to personal use would be a "no-go". If you were on your Series C of Venture Capital, raising $100M and you wanted to sell $3M of shares to buy yourself a nice house, for inst...
Congratulations on the opportunity...! I've seen situations like this from the other side, working for a big ERP vendor. To try to answer your questions out of order: How to structure? Based on the info provided, the simplest thing would actually be no specific arrangement at all. Lots of ERP ad...