Hi, If you were going to sell the business, the first thing a knowledgeable buyer (or investor) would do is normalize the wage expense vs. fair market. If you and the other founders are not paying yourselves what you would earn working for a stranger, then your financial statements are meaningle...
Build and iterate the idea, and your understanding of the type of person that would want to buy it. Make each iterative step as you gain enough confidence to invest the time and money needed to take that step. For instance, you can start by asking friends and family while it's still just an ide...
Enterprise companies approach sales for B2B a little different. There's a (1) structure and there's (2) talent. They can scale just because they can but they are also very wary of focusing their resources to the right people. On the other hand, companies who are at SME stage may need more effor...
Working in consulting I can certainly see your dilemma. We have often thought about billing like that, but ehrn we have compared our fee to the size of the clients business, the clients do not receive it very well. (Close to "Mind your own business!" to put it mildly). By billing by the hour you...
I'll cut right to the chase. You need to pay to get a good person. You are not selling a product with recurring revenues or a widget that a lot of people need. You do one-off projects for very custom business needs. These needs are random, and there is a LOT of competition. The person you wan...
What's the business model for the freelancing platform? Have you looked at http://equitydirectory.com/? They are a startup concierge matchmaking subscription service for founders looking to share equity or cash/equity splits with contributors. Are you familiar with http://SlicingPie.com? I thin...
It really depends on what type of industrial application you are interested in since industrial is a very fragmented market with multiple verticals. Most big SI companies like TCS, Accenture, infosys, Wipro, have IoT practices these days and do both application and hardware development.
First things first. I must appreciate that the website has good content. You should ask yourself the purpose of creating this website. Information is now available all over the place. Right from individual portals to the Feedly, Mashable, Newsify and Pockets of the world. How do you want to dif...
What I've done is write a book... Eventually there were 4 books and other special reports. I sell them on Amazon but often give them away to prospective clients. There is no greater pleasure than to submit a proposal to a prospect which includes the words...' I am an expert in this area and th...
As someone who has worked in administrative positions for the better part of a decade, I will say: being seen and recognized as part of the team goes a long way. This can be simple - sending an email to congratulate your team on achieving a goal? Send it to the folks the back office positions, ...