Jan 24, 2020 | Sean Answers
YES. If none of the stock has been sold to anyone, which would be very odd.(Someone normally gets the ball rolling and thus owns shares.) Yes, it would be possible—but...
Jan 24, 2020 | Sean Answers
Remember: every big company started as a small business! Only you can control how long it stays a small company. Start small, but always THINK...
Jan 24, 2020 | Sean Answers
What do all these companies have in common? Apple, Microsoft, Disney, HP, Twitter, Uber, Facebook, Berkshire Hathaway, McDonald’s—and I can keep going and going… They started with a partnership. So why would you want to partner? I tell people, “I would rather...
Jan 24, 2020 | Sean Answers
BUY. When you buy an established business, assuming you did your due diligence, you are buying a proven business model. It has already worked so you just need to continue doing what has been done and help improve upon that. A startup is taking something YOU have never...
Jan 24, 2020 | Sean Answers
Keep your business goals Simple. Clear—be able to explain this goal to your team in 1 sentence. Measurable—Example: We want to increase annual revenue by 7%. Timetable—Example: By end-of-year. Plan to make a reality. Example: Improve revenue by increasing our...
Jan 24, 2020 | Sean Answers
When you are creating a business model for a startup company, what are the most important things to include? You want to use a business model that is already proven if at all possible. Successful businesses leave footprints… so follow them. In general, you want a...