I have worked with some of the Top 50 Fortune 50 companies for Mobile/Web/Google Glass Development Projects. Never work for free if you don't want to devalue yourself later. If the client is big (read rich) he won't mind paying for some initial Mockups. The whole point of working with big clie...
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 (...
Develop executable strategy and prioritized action list... The devil is in details of course. And lots depend on the field and type of business you are trying to build. I mentor a lot to startups and formal accelerator programs. Glad to discuss if there is an interest.
Hello! Check out Shake, they have an app with a ton of free contract and terms templates. They're great with startups, so I'm guessing if they can't help you out they might be able to point you in the right direction. Cheers!
You should try Balsamiq for this. After this you might consider InVision for displaying working and designed solutions
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...
Established businesses and/or indirect competitors will most probably not bother getting into a partnership with you, at least until you start having some traction and results. Many startups have the ambition that they will build great partnerships starting from day one and they often get dissapo...
I have been approached to advise companies with this arrangement. In the arrangement I was considering, the options simply turned to ownership but there was an end date by which the distribution had to be paid. Hope that helps!
I am not an accountant, but I do have a good understanding of this concept. It works like this. If you are self employed there is a slef employment tax on all your income of 15%. This essentially goes toward social security and Medicare. So let's say you make $100k in profit that means it's $...
Yes, it's foolish. People can disagree about how much value there is in a MBA, but that's not the point. You've identified two targets - being an entrepreneur and building out your network. Go straight for the jugular, not some round about way through school. Want to build your network? Take hal...