Oct 26, 2020 | Articles, Sean Answers
What strategies enabled big businesses to eliminate competition? The “Pac Man” Strategy is commonly used by large companies where they buy small companies that they believe at a later date with their current growth trajectory could be a formidable player in their...
Oct 21, 2020 | Articles, Sean Answers
What are some common mistakes first time founders make? 5 DEATH MOVES STARTUP FOUNDER MAKE They fall in love with their idea and don’t test it or open it up to criticism from people who can help improve the idea or poke holes in it. They don’t have a marketing plan...
Oct 21, 2020 | Articles, Sean Answers
Business Plans: What is the best way to forecast user growth for a company that doesn’t have users yet? Sadly it is completely speculative that is why you want to beta test your marketing and sales to get an idea of how it will do when you go full...
Oct 21, 2020 | Articles, Sean Answers
How do you define, compare, and contrast a short business plan vs. a comprehensive plan? A comprehensive business plan may be needed if you are pitching to investors or applying for a loan. A business plan that is not requiring investment/ loan needs to accomplish a...
Oct 20, 2020 | Articles, Sean Answers
What should all first time founders know before starting a business? 7 THINGS I WISH I KNEW BEFORE I STARTED MY FIRST BUSINESS My original idea will change more than I imagined. Get started and make changes as you do. (Don’t wait for perfect) Start at a very small...
Oct 20, 2020 | Sean Answers
Why are customers often considered the most important sources of new product ideas? Your customers are your greatest source of information as they know what they want and want they may want in the future so receiving systematic feedback would serve you well. Ask your...
