The Blog

f we have some half-backed business ideas, how can we find some early-stage startups to join, so we can pursue our ideas in collaboration with them? Get them past half-baked and then get someone smart to polish and or critique them. Remember, ideas are a dime a dozen,...

As an early stage startup, what should we know about pre-sales activities? Pre-sales will tell you if you have an actual demand for what you are selling. I would say it is the most important indicator of potential success.

How did you set up your own small business with minimal seed money? MIcrotest your business FIRST and you will not need as much startup money and very well may be able to bootstrap it. Test your idea before you put a great deal of money into it. Can you create a...

What is the best way to recruit employees? 7 STEPS TO MAKING THE PERFECT HIRE Determine who you need to hire (critical positions that need to be filled) Create job descriptions for each job as well as salary packages Post these positions on job boards/online Review...

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...

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...

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...

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...

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...