How to Get a Small Business Loan

I personally took a business plan for a nightlife company to this place https://longbeachsbdc.org/ along with a cofounder who had a 680 credit score and was approved for a $30,000 loan through a credit union. There are Small Business Development Centers set up by the Small Business Association everywhere across the United States.  They will help … Read more

How to Quit the Startup You Founded without Causing Too Much Fallout

Someone on Quora asked: How do I quit the startup I founded without causing too much fallout? Our business has been around for two very tough years, but is finally seeing the green shoots of growth that sprout after hard effort, love and dedication has been applied. We’re generating revenue and were seed-funded to the … Read more

How to Compensate a Contractor with Equity at an Early Stage Startup

Someone on Quora asked: What is the best way to compensate a contractor with equity at an early stage-startup? Let’s say I’ve got 1M shares assigned to founders, representing 100% of the stock set forth in the articles of incorporation. Bootstrapped, without any non-founder investment, and without any outside professional help toward a valuation (i.e. … Read more

How I Would Evaluate a Potential Technical Co-Founder

Someone on Quora asked: How should I evaluate a potential technical co-founder? I’m in the surprising and apparently unusual position of interviewing technical co-founders for my startup. I am a non technical founder. I have several highly qualified people who have expressed interest and who appear, via job background and my experience with them, to … Read more

Strategies to Compete with a Mature Business

On Quora I was asked: What are some strategies to compete with a mature but inferior product with a strong customer base? Hypothetical situation: You have a neighborhood with a local coffee shop. The coffee shop has been there for years and has happy customers and makes good revenue. They have tuned their business well for … Read more