There are several factors to consider: 1. Profit share does not have to equal equity. As an example, two people can agree to split net profits 50/50 even though the percentage of equity is split 60/40. Just get it in writing. So find out their expectations for long term income and equity. Are th...
You need to build your community from the get-go. Start with your beta testers, creating a community where they talk to each other about issues and come to you with ideas, suggestions and bugs. Encourage them to do this, no matter the issue, and respond quickly. If you develop a community like t...
My first question to you is what are these URLs? It's important to know what these urls role in your overall website (ie do they carry important search signals or not , or by them being crawled they actually diluting these search signals) so based on your answer above : if they are important , o...
Bottom-line is that you have to be at a point where the evidence suggests you are ready to spend this capital to create a period of hyper growth connected to a clear path forward to creating a billion dollar business. What that looks like to investors depends on so many different circumstances, ...
Mark is correct that the best advisors should have skin in the game but that advice is applicable only when you and your business are obviously investable. I've engaged advisors at times when I knew I wasn't ready to ask for their money and I've often begun advisory relationships in the earliest...
1) The whole team is growth focused, but I'm the only who helps guide and lead the strategy but for the most part, we know our core metrics and we have a development process for reviewing / assessing / testing / adjusting, etc. So I guess that's me. 2) We have many tools, and all depends on the...
Being a freelance developer for the last 10 years or so, I have seen and used almost every project management software you can think of, open-source and closed, and I have found that the "best bug tracking tool" completely depends on your process. I employ and direct teams in an Agile process tha...
Developing the website is the least of your concerns. If you are operating an online store, building trust and confidence with your customer base is critical. So, when choosing a shopping cart to run your store, performance and availability are key. When you use a quality, paid service like Mag...
One of the many great things about AngelList is that they don't charge commissions. In the case of an AngelList syndicate, there is both a management fee and a carrying cost, but that is not deducted from what you raise but rather deducted from the investors' profit (if there is one). The likel...
Are you targeting new businesses? Try acquiring a list of all new business license applicants. Do you have a budget for radio? Try news talk radio stations in your markets. Also try targeted news feed ads with Facebook and LinkedIn if that isn't already part of our PPC plan.