As an introvert that had to overcome my resistance towards sales outreach, I can imagine how daunting it can be. Contrary to popular belief, from my experience I've seen introverts become the best sales professionals. As you may know, introverts are often very good at focusing on their strengths...
Hi, I've helped a lot of entrepreneurs with partner issues. The fact is that equity is divided in whatever way you negotiate. Rights such as first right of refusal are normally dealt with in the shareholder's agreement. Certain clauses or rights can certainly be unattractive to investors but...
Here's what you need to do to recruit any cofounder: 1) Prove or at least instill *high* confidence that you can fund the business or raise the funds required; 2) Demonstrate that you are someone worth following. What have you done previously that clearly shows to others that you have what i...
The better question may be why can't you find startup co-founders? I can see two main reasons why this might be the case. First, no one else sees the same opportunity. If this is the case, you may be on to unique value that no one understands, but that could also include the potential market. If ...
Your question is clear and understandable, but you either need to pay for the services, or give away equity - talented and trustworthy people won't work for free - nor should they. The only question that remains is how can you develop the platform while paying less or giving away less equity. A...
I always recommend to continue working on the business in parallel with keeping an eye out for a cofounder. As you continue to move forward, it will become easier to get others interested and passionate about joining you. Keep potential cofounders that you may have already met updated on progre...
If you're bootstrapping, pay yourself less and re-invest in the company. If you've raised money, then pay yourself average salary as you aren't subsidizing and getting more stock (for the $$) as an investor would - so once you raised, then it's a shared risk - don't make the financial subsidy a ...
You are thinking about it wrong. Don't think of your organization as a pie. Think of it as a house. When you add an extension (say a new kitchen) to your house, the value of your new kitchen now accounts for a larger *percentage* of your house, more than it did before. But something else al...
The specifics of what an investor might try to look for may vary depending on whether the startup is, say, a daily deals play, a chip company, a mobile app, or a genomics startup. In general, here are the key things being examined with respect to a technical co-founder. Different investors might...