I am a bit confused why you are starting a business, but asking how to best monetize it. That is a red flag, at the start. In my experience, when you are starting (or looking to gain more clients), defining a niche is a far better strategy than being a generalist. That said, once you are establi...
Here are your options: You can only compete with them If you're able to either: A) Get a programmer: - Either raise necessary funds to hire one full time. See my answer on ("When is the right moment to approach investors?") - Use your own funds to hire a freelancer. See my answer on ("How do I ...
I have established off-shore development relationships with individuals and firms in India, Ukraine, Belarus, Russia and Korea going back to 1996. You might find it a lot smoother to have them work through an established firm in India that is already set up with all appropriate licenses, tax-re...
It really depends on what your product is, but ultimately you want to learn about their experience using your product (what obstacles they've come up against, what features they use most/get the most value out of, things they don't understand, etc). You can also calculate an early NPS (net promo...
Hi. I am a business coach and mentor and have started a number of successful businesses. There is no reason why you can't have two different businesses in the same location. There are two questions I would ask: Will the two businesses work to complement each other? Are there aspects of either bus...
This is an extremely vague question, but let's see if I can help you out. When deciding what product or service you're going to provide, it's very important to be sure there is product market fit and you have a unique selling point. When deciding what your products should be, you should first dec...
I worked with a guy, who was with SKY news for 18 years, and we did a great transition for him into coaching. We discussed his strengths and weaknesses. We looked into what his passion was and created a purpose for it. I would want to work with you on who you want to serve and why. If you have an...
I've met co-founders and team members through participating in Startup Weekend evens. (The last two companies I sold were started at startup weekends!) But, I generally recommend participating in others groups or pitching different ideas than you're trying to find a co-founder for. Another grea...
Having just completed a top notch Accelerator program I can tell you that even in the great programs not every company survives. Accelerators and their coordinators are a good resource for entrepreneurs who may be in search of additional opportunities. That group of people varies greatly in ter...