Typically open-source projects that end up generating a profit have an active product that's already being used. So step 1. Is to open source it and see if anyone uses it - then you can make money in a bunch of ways. Checkout Wordpress, MySQL, Linux for examples - but typically it's providing p...
I think differently about this, because of two reasons: 1) I've always (and only) been involved in bootstrapped startups; and 2) I've been lucky that those startups grew organically and fast (enough) which minimized our need on marketing spend. Instead of deciding on a specific budget for this...
An established business with revenue is almost always better than a new LLC. You can consider registering your LLC as a foreign entity in CA.
Hi I would offer your service/platform to student bodies (student council) at universities and high-schools. I assume (but you would need to check) that they are your target audience and by onboarding one university, you would potentially get hundreds/thousands of clients (the students). Good l...
First I would try to figure out why your conversion is not great. Also a level deeper finding out what a normal conversion rate in your market actually looks like. There are markets that have naturally low conversion rates - are you sure that yours is below market standard? If yes - this would ...
Hello! What you are asking after, is an age old business challenge; One that can be addressed, utilizing the modern tools of social media, to help stake your product and service position. The competition are doing what they are supposed to do; They are selling the ‘sizzle’ not the steak; by ...
I think you are missing the market research step. You need to ask the people that you would be targeting, because at the moment, I'm unsure why someone would use your product, over say using a platform where they can hire an online tutor and learn from them, or use Rosetta for example. I get that...
Multilevel Marketing (MLM) is also referred to as referral marketing or a pyramid marketing structure. When you work with an MLM, you have two options to receive commissions. The first is similar to an affiliate marketer, where you sell the company's products (or services) to others, receiving ...
Enter your answer issue a press release and try to solve the problem, you can use press release services or ask a reporter of your local newspaper to do a story on the solution. Bad press and bad things can happen, it is the manager job to do crisis management, repair the damage, and regain rep...
There are two value sets here: yours and the prospect's. You may value your service at $X, but if your prospect doesn't see it that way, that value does not exist. However, you do have to start off with your target value. Have a "base/best case" value, and a "bare minimum/worst case" value. Th...