Borrow a conference room from a friend who owns a business. Preferably in an executive suite of a building in your downtown. The more security clearance the client has to go through (signing in, verifying they have an appointment, ID checks, metal scanners, pat down, etc.) and the higher the floor the conference room is … Read more
Someone on Quora asked: How important is it for a cofounder to be excited about solving problems in their company’s industry? I’ve been asked to cofound a startup. The idea has a lot of business potential, the work would be interesting, and I work well with the other cofounder. But it’s in a space I’m … Read more
1. Go to Google. Type in Godaddy. Click on the 99 cent ad. Buy a web domain for 99 cents. 2. Go to One Dollar Hosting. Sign up for 12 months for $12. You’re at $13 now. 3. Go to fiverr.com. Find someone to design a logo for you for $5. 4. Design a website … Read more
Don’t work for any company with a single founder. Interview your C.E.O. Call references. Talk to their clients. See if they’re worth working for. Get feedback from as many people as possible before committing to your venture. Weigh out the pros and cons. If you can’t trust your C.E.O., then there is no future for … Read more
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 can you make money online? If you have an internet connection, you can do anything. There’s a site called Taskrabbit that lets you look for side jobs to do. Then there’s Craigslist, where you can buy or sell anything. Ebay let’s you just put anything you want up for auction. Zaarly let’s you set … Read more
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
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
When starting a business, you need to lay out everything backwards. You have to go from the big picture back to where you are today so you don’t miss anything and get into a situation where you give someone too much equity, deal with an unforeseen predicament, etc. Write out what you want to do. … Read more
On Quora someone asked: How can I take my web design, freelance business to the next step where I can make good money? How do I catch the big clients? Should I work with a team? How could I invest money to make a better business? This was my response: Create a full service brokerage. … Read more