1. I would attend Demo days for startups and plant seeds there. Attending meetups can be very helpful as well. 2. Subscribe to Crunchbase. When you see certain companies have raised certain about of money reach out to them. You can go cold or through an introduction. I am a firm believer in d...
sounds like you don't trust whoever you spoke with - go with your gut and move along. You need great lawyers and accountants behind you but there are plenty out there that don't remotely get canadian start up land. The answer to your question is they are trying to understand your setup and thos...
"What was the best part of you day?" Ideally you could ask in the afternoon .. but it sets a positive intention. I ask this to all my friends + wife everyday when I see them.
There are many free or low costs things you can do: Marketing on Facebook or Linkedin (depends on what you offer) Contests Influencers Killing testimonials Pick up the freaking and make phone calls (you have to learn sales. Any business is 90% sales). Sales is scary but there are lots of easy way...
Not necessarily. As long as you have the stocks to be issued. Have a prior contract agreement between owners of what equity is available, the vesting period. (Some do it on % base points per year, i.e. 50% in year 1 and 50% in year 2, or 1k hours worked) if they walk away in first year they take...
In short yes. In medium term, depends. In your case probably not. Most investors look for viable options that show that you can get real cheap production/sourcing of goods or services offered, actual market reach to capitalize on goods (example could be a stack of POs or preorders, or substanti...
If you don't mind managing other people, keeping full control will probably be less frustrating in the long run. Your business has a narrow offering, so adding multiple opinions may result in more headaches. Management is a whole separate skill, though, so be prepared to dedicate real time to m...
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...
This is one of the core reasons agencies are a service-centric model vs product-centric: quick to monetize and a function of human labor/ effort to scale (unlike products that are usually slower to monetize, require high initial investment but scale really well). So the answer is either you need...
I've worked with a number of business coaches and used a few different frameworks. I also have a post coming up in Smallvile (http://smallville.com.au/) on just this topic in the next week or so! The framework I like best is quite simple and I first heard about it from Taki Moore, although I jus...