Much like negotiating a salary or company valuation, your objective is not necessarily to assign the perfect value. Your objective is to add a highly motivated partner to your business, feel great about it, and get to work on the important stuff. You want to mitigate the possibility for resen...
Hi: Now that you have some experience under your belt, you know what you like and don't like about a relationship with an accountant. You also know more questions to ask before you start your next engagement, such as: * What do you base your fees on? * What do you provide on a monthly basis for y...
If you look at current stats for tourists and travellers, they want fast, technical experiences. Over 60 - 70% want instant bookings by looking on their mobile and getting the confirmation they need. You will attract more individuals by giving them the user experience they are looking for. With ...
You will find a lot of different views on equity split. I haven't found a silver bullet. My preference/experience is for: 1. Unequal shares because one person needs to be the ultimate decision maker (even if it's 1% difference). I have found that I have never had to use that card because we are ...
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...
I'm not sure if this is how you imagine this world to work, but at least according to the order you wrote it "raising funds" was first. In reality it should actually be one of your final steps of the stage you are at right now. It may even come after a year or two! So you have this great app i...
You know what would be great... A platform exclusive for Marketplace experts ;) I would answer this in short by saying you don't attract them simultaneously. To elaborate; The Chicken and Egg problem is solved (historically) by attracting and retaining the top providers of whatever service f...
You don't. But you can definitely build the product. This is a crowded market where reputation is of critical importance. It is much easier to get a large sponsor to revenue share and handle distribution and marketing. Most of the insurance companies would be a good target for annuity products b...
Firstly investigate if there is anything trademarked or patentable (I doubt the latter due to court cases like Alice killing off a huge amount of business process patents). Just don't do anything completely stupid like steal any copy from the site and repost it. The fact is that there is no end...