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Results for: bootstrapping

First and foremost, I would challenge you to test the user experience and prove the concept of your product before building a mobile app. Mobile app development is not cheap and if you get the feature set wrong from a user standpoint, you will have spent money to develop blindly. Can you build a ...

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I think this is a very generalized question. Without knowing the specifics, such industry and product or service you are offering, it would be hard to answer this. Generally speaking, a lot would depend on the team you have in place. You have to visualize the effort required for each new business...

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Yes, thats understandable. If a person if giving you money on the spot, you have to rewards them on the spot for their risk. Their money is not convertible they are essentially exchanging their cash for ownership. Do you know what is a strategic investor? If so, I hope you mean someone who is i...

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1. Talk to a lawyer who can write you a proper licensing agreement. 2. Charging should be around $10,000 per year or $50,000 one-off fee if you are scarce for money. It could also be $50,000 per year though, but this depends on how big of a budget you think the licensee has. Try to find that out ...

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It all depends if there is room for arbitrage, meaning if you spend $100 will you make $150 or $200 or whatever your conversion rate would be for your business. That requires that you need to have some sort of knowledge on how to create an adwords account, selects the copy for you ADS (text or d...

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The marketing strategy should include identifying filmmakers and where they are so that you can make them aware of the app. This could include attending film festivals, looking at online film related groups and identifying ways to share the details and offer product presentations. For example, I ...

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The only way that I can think of is to get a legal adviser on the management/board team and give them an equity stake in the company. Long-term, it's likely to cost you more in real terms though.

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The decision to raise equity capital would be made based on these criteria: (a) Size of your market: Is it a big market, meaning you have a chance to hit $100M in revenue in 5-8 years? (b) What is your YoY growth rate? (c) Will infusion of equity capital help you greatly accelerate your YoY growt...

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I think the best place to start is your startup's net worth which includes all assets, the salaries of your staff, and total sales. Say for instance, your business' net worth is $300,000. That's a good middle ground starting point, but your price to this other company can rise or drop from there....

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Advantages: 1. speed to grow faster than your competitors and gain a dominant position and marketshare (assuming you'll be able to translate funding into growth of your team and your customers). 2. In certain businesses, the right investors can make introductions that help accelerate your growth...

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