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Depends on the startup. If you have IP that provides a clear advantage, that's more valuable and easier to make successful than say a mobile app idea. Traction has become investors favorite buzz word. It makes sense though because they aren't gamblers. They are looking to fund proof of concept. T...

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Interesting question, but I don't really see it as a "chicken and egg" type challenge. For a service startup business, you will still need an online presence. In the Lean Startup method we talk about MVP, the minimal viable product you can build to both test the waters and get paid. Why build a ...

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I wrote a couple of articles when I was going through it for the first time: http://www.danielarroyo.net/2011/08/can-corporate-employees-become-entrepreneurs/ http://www.danielarroyo.net/2011/09/how-to-transition-from-employee-to-entrepreneur/ I hope you enjoy them. I can talk in length about ...

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Honestly? Me. Admittedly, my focus is very narrow -- brand names and domains. But I see an appalling number of good startups begin by blundering in that narrow little area I know. Just as many get it right; yet even the fortunately named sometimes just luck out, without really thinking things...

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This really depends on the idea that you want to test. Remember, a test is just a test, and not a complete depiction of how your actual business will do once it launches as that greatly depends not only on your product, but also on how your business is managed and what value you provide to the cu...

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Build naming and domain procurement into your process. Letting your startups "wing it" will result in a lot of crash landings.

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To validate your idea you need to show interest from potential students. To do that you need to show them something to be interested in. However, a teacher isn't going to go out of their way to create content for a site with no students waiting. To get around this issue, I would start off by ge...

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Silicon Valley Bank. Tell them I sent you and they'll take care of you ;-)

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If you want to build a business around this, I'd recommend looking into some platforms that offer white-labeling and an easy interface for creating courses. Check out www.thoughtindustries.com. Or you could always go with something like Udemy, which may be a bit easier, but would be hosted throu...

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First to your question. No, unless there is a law in place, nothing is mandatory. That said, not liking your industry will make it more difficult to succeed. Those who love what they do will work harder and longer to achieve success. But success means different things to different people. Do yo...

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