Please provide a bit more detail. The experts on this site are very generous with time and sharing advice, but we are not going to develop an entire business plan for you.
I am currently the CTO of a vibrant online marketplace. As prior responders said, we started with demand. Once we had people who wanted to pay for our services, it was easier to find suppliers to fulfill the demand. In addition, we started with a narrow focus, and then expanded. We are a lo...
The first matter for you to conclude is to agree the terms of a shareholder agreement between the two founders. This shareholders agreement should govern the management of all significant governance matters. Without this you will subject to the constitution documents of the company and local co...
Great question! And it was literally just addressed in this podcast episode with David Skok: http://www.hubspot.com/podcast Disclaimer the information below (until the last paragraph) is about venture-backed companies. Short answer: It's dependent on the stage. Less risk = less equity. Long a...
Twitter is actually a great prospecting tool, and these are people you should absolutely be engaging with as a brand. The key is to engage without coming off as spammy. Instead of "Buy our product now to solve your issue", try something friendly like, "Hey XYZ! We'd love to help you [solve proble...
After having many live demos go awry, I attempt to avoid live demos as much as possible. That being said, a few thoughts, in no particular order. I prefer to rely on screenshots and animation which can typically illustrate my product as well, if not better than an actual demo. Screenshots an...
Hi, if you need to uncover new interests, you might find Facebook Graph Search useful (you need to have your Facebook language set as English US before anything else). Start typing this phrase into your Facebook search bar: "Pages liked by people who like XYZ" - this will open a list of the m...
My family is in the hotel business. I can tell that we would have absolutely no interest in doing this. We make sure out employees look after our property and provide great customer service. We do not have down time for them. We run a tight ship. The liability and other headaches that come with...
So this model has been attempted before in various formats. As a direct comparison, 3-4 years back there was a company called WidgetBox. They were a startup. Successful in getting funding. Raised at least $8 million. Their changed up their model a few times but their most successful one was nearl...
I've worked with a number of family businesses, and a real key for you is to work with reputable executive coach who specializes in family business. These people can be exceptional guides throughout your transition and the investment is well worth it. Connect with me directly if you'd like any re...