You really have two forms of payment here given that you can't be paid out of the small sum of money the founder has. The decision as to what to accept depends on the idea the person has and your belief in it. 1. Equity It's called sweat equity for a reason. If the person you've been approac...
No that pricing is too high as the maximum finders fee that is offered is 2.2% i.e. 440K max. Although if he is doing other tasks for you other than finding the investor that price may change. Traditionally the commission is as stated 2.2%.
You can't embed Shopify into WordPress. They used to have a plugin but that has been scrapped. Currently the best way to have a WordPress ecommerce store that sells physical products is to use the free WooCommerce plugin from WooThemes. It allows you to receive payments from PayPal. As you wi...
Get Legal Shield coverage (Ada Oklahoma company). Then you can simply bankrupt any patent troll who comes after you. I can tell you from personal experience, bankrupting people who sue you is highly gratifying. I've done this twice now. Each time I get sued, I'm filled with glee, because this...
Do you want a job instead of to be an owner? No way! Read "How To Get Rich" by the dear departed Felix Dennis, who did not have to sell a single copy of his book because he was already bloody rich. (Compare/contrast against so many other "gurus".) You'll read that he says not to give one single ...
Are you doing 'maker classes' for kids, or are you making and selling toys that help them learn on their own? If you're doing classes, the only way to sustainably scale up is to make sure that a majority of your classes are using digital maker tools, instead of physical ones. For instance, usin...
I'm using Teachable.com and so far I really like it. I'm producing a course on "How to get massive amounts of free PR" that I will be launching in March 2018.
It seems you're asking two different questions: 1. What is the importance of demographics? 2. What are the pain points in building facial recognition into a retail transaction? To answer the first, demographics inform what products are being sold, who gets what promotion, what to start and st...
Listen to my interview with exit strategist Jock Purtle of Digital Exits here (no opt-in, simple download): https://www.mediafire.com/file/ufbe877j6qupun6/JockPurtleInterview.mp3
The easiest answer to this is something a mentor told me a few years ago when I was working on a niche app....she said "do you honestly feel like you could be passionate about this for the next 10 years"? That may not sound like it's relevant but it is...honestly that's the only thing that matter...