I feel your pain — I've been there several times in a couple of my companies. Each situation ended up being unique, and had to be handled differently. I think there are a few things to consider before you make your decision: -- 1. What is in your cofounder's way? Is you cofounder being held u...
Neither domain name option is a very good idea. I'll explain why in a second, but first I'll answer your actual question. Although there might arguably be some slight advantage in having an exact-match domain of the form Name.TLD as opposed to a domain with additional keywords alongside the nam...
Prove that it'll make money: 1. Call real people that would pay for it and talk to them about their needs. Do they describe what you're planning to do? 2. Build a simple email capture page (use something like LeadPages or OptimizePress to keep it cheap/easy) and write marketing copy to capture ...
There are some angel investors that may invest in your business, depending on how much traction you have but most investors want to see a proof of concept and some traction. The best advice I can give you is try to get the app done and continue to have conversations with investors outside of your...
Before you spend $ or time marketing your service / website, ensure that your brand itself is quite strong. For example, if your name or domain is awkward, ambiguous, or off-putting, then every dollar and hour you spend promoting your brand will work less efficiently in your favor than if you we...
I've heard of people having some success with https://www.cofounderslab.com/ but overall you just have to get serious about networking at technical Meetups, etc. It really depends on your geographic location. In some cities this is easier than in others. I have cofounders in different states, so ...
This is a great idea! You are essentially guaranteeing our success by providing the demand search capability that users will build for you to promote to car dealers. Having the search traffic, it would be extremely beneficial for dealers to want to partner with you. You can go a bit further and p...
GoToWebinar all the way. It's a bit pricey (but not too much), but it's by far the best solution out there. The last thing you want to do is use a free/cheap but unreliable provider and have your webinar experience massive connectivity issues or drop half way through.
Yes! But is very tricky. I have a C Corp own two LLCs. You should have separate board of directors in the C Corp that are not owners in the LLCs. Pay through bonuses rather than salaries and aggregate expenses of the LLCs as op. expenses as SBUs of the corp. The reasons for having a C own LLCs ...