Jan 28, 2020 | Sean Answers
The greatest business partnerships on the surface all seem surprising because you have a very charismatic figurehead and a behind-the-scenes partner. However, the genius of the partnership is in its contrast. For example: Bill Gates and Paul Allen—Microsoft Walt and...
Jan 28, 2020 | Sean Answers
There is a FORMULA FOR STARTING A GREAT FIRST BUSINESS so let me share it with you: You can use this over and over and become a serial entrepreneur. Be alert to the needs, wants, and desires of people. Solve a problem. Confirm there is a LARGE segment of people who...
Jan 28, 2020 | Sean Answers
Reject outside investors from investing in your startup when: You don’t need the money. They are requesting too much ownership in return. They are charging too much interest on the investment. They would want to interject themselves into the business and interfere....
Jan 28, 2020 | Sean Answers
How do you prepare a business plan to pitch an idea for investment? There are countless books on how to write a business plan but ultimately you want to: Prepare a document that supports and confirms that your business idea would be successful and profitable....
Jan 28, 2020 | Sean Answers
Is this person an actual business partner? Did they and do they bring a valuable asset to the business? They need to provide something you don’t already have. In most cases, this would be: TIME, CAPITAL, EXPERTISE, and EXPERIENCE. If in fact they are providing one of...