I'm not usually big on crowdfunding, but this is the sort of thing that it was created for. I would think that if you made your pitch compelling you'd be able to raise a fair amount that way. I would also suggest that you really pear down your app so as minimize expenses. Use only one developer,...
In a book, "Slicing Pie", Mike Moyers shows you different methods of securing talent prior to paying them a salary or securing investment capital. You can also use an ICO model similar to IPO except it is using a digital token to secure funding with a promise to buy back tokens. There are sever...
You might consider a Kickstarter project.
I've worked with a couple of CRMs; if you are looking for a custom-like solution, I'd recommend Podio. Salesforce has a lot of options, but tends to overwhelm folks who are not familiar with their tool. If I didn't go with Podio, I'd choose HubSpot because of the integration with their other sa...
Yes, thats understandable. If a person if giving you money on the spot, you have to rewards them on the spot for their risk. Their money is not convertible they are essentially exchanging their cash for ownership. Do you know what is a strategic investor? If so, I hope you mean someone who is i...
The terms are based on how an Angel investor views your company as well as your startup’s value in the market. So they are looking at your impact potential within your sector and industry, the size of any recent exits, the willingness to enter into a deal, and vice versa for the entrepreneur.
Over the years I have been asked many variants of this question, and the answer is almost always “yes, you can”, so what we prefer to dig in on is the “why should you”. There tend to be three scenarios where people ask this question: 1. A prior campaign failed and the founders want to try again...
I have NO idea BUT... Here's a couple of things I would do if I were in your position and trying to find out. 1. Look at the questions on Quora related to this topic. 2. Look at the questions and topics being discussed in LinkedIn groups. 3. Survey the people you intend to give your talk to bef...
I'm not trying to be a contrarian for the sake of being a contrarian, but can you afford to NOT do proper screening on VCs? If you're averaging $100K/month in revenue, then you'll be the pick of the litter, assuming your pro forma, etc., add up for the investors. A bad fit in an investor can hurt...
Two key issues in your question: (1) when you say "majority are making millions" you're not seeing the hundreds of startups that failed in the same space... (2) if it's such a great idea, you should have traction. CHALLENGE: Adding photos to menus is tricky... Good pics are very expensive, an...