Below is a link to a resource I provide my investors. The 50 questions are specific to product design/development but the 15 categories are questions that apply to any industry. If you can answer these questions about your deal you will have gone a long way to avoiding the common pitfalls in the...
Dilip was very kind in his response. My answer might be a bit on the "tough love" side. But that's for you to decide. My intention, just for the record, is to help you (and those like you) on your path to success. And that starts with having a viable philosophy about entrepreneurial-ism and busin...
There's a reason that most CEOs and M.D.s are hard to get to and why their gatekeepers won't let you through... They WANT it that way. They are constantly being bombarded by people trying to sell them something! My best advice is to discover ways to put the target on YOUR back. Position your bus...
Trade shows are excellent for: 1. Exposure - getting your name out there to the industry. If you are looking to get established (i.e. you are just starting out) attending let's others "discover" you. If you are established it let's others know you are still in the game. 2. Recon - you get a ch...
B2C apps typically use a freemium model to make money off of in-app purchases and ad revenue. You could also make a paid monthly subscription model work in several categories, such as Newsstand. The challenge is finding the balance between giving enough functionality away for free so that your ap...
Well, hopefully you have analytics embedded in your app. That should also give you an idea of how many users are real vs spammers. Also, what sections of your apps are being used more often. It is not too late to add the analytics to your app.
As much as you need to build out the product and raise at a 3-4x increased valuation. Typically that's 500K-1.5M and gives you 1.5-2 years of runway to build product, customers and team.
First, get a sense for what kind of design you like by looking on Dribbble.com. If you have any more q's, feel free to call me here on Clarity.
To answer your questions: 1) Mobile companies at your stage usually raise angel funding at a valuation equivalent of $5,000,000 for US based companies and $4,000,000 to $4,500,000 for Canadian companies. 2) The valuation is a function of how much you raise against that valuation. For instance, s...
Hey there Without knowing the specific industry you're targeting I can only provide general advice. However, my background is in the technology sector with primarily specific experience in the Telco & Transport sectors. So if I draw on my own experience I would work through the following steps....