May 26, 2020 | Articles, Sean Answers
What do venture capitalists get in return? A VC expects a return on investment in the form of ownership and profit from a given company they have invested in. Sometimes they will make a loan with interest. As a rule, the VC is taking the financial risk and expect a...
May 26, 2020 | Articles, Sean Answers
How do you calculate the customer lifetime value in a services business? The Lifetime Value of a customer in a service company is what one given customer will spend with your company. For example, let us say you have a lawn-care business and the typical customer...
May 26, 2020 | Articles, Sean Answers
Do friends typically make good business partners? If you and your best friend are under the age of 30 have at it as it will be much more fun and 2 are better than one. Just remember it is like a marriage so a prenuptial agreement is still a great idea. 5 MUSTS IN...
May 25, 2020 | 10 Minute Entrepreneur, Podcasts
AGAIN you must be SURVIVING! You must get through this situation and make your company durable and operate in an unorthodox way that allows your business to survive right now. Part 1 was so important we had to do a part 2! Check out this episode!...
May 25, 2020 | Articles, Sean Answers
What are the good reasons for studying a business degree? Why should someone study business studies? You can create a network of contacts of other students who love business and possibly partner in a startup. You can learn the basic fundamentals of business and...