How to attract cofounders: Share your vision with others. See who buys into it. Start with friends and family then expand to other networks. If you are scared of having your idea stolen: Leonard Kim’s answer to What’s the best way to discuss an idea for a startup in public without it being stolen? How … Read more
On Quora, someone asked: “I have $200,000 from my inheritance, I am a 30 year old with a wife, and have a bad part-time job. I have lots of time, but am not sure what to do with the money. What do you suggest?” This is how I responded: You should put it all into … Read more
Failing to plan. Many entrepreneurs feel that if they build it, people will come. This isn’t “The Field of Dreams”. Failing to evaluate co-founders. If your co-founders cannot do their assigned tasks, or even worse, cannot be trusted, then your business is bound for failure. Working with friends. Friends are just that. Friends. Business and … Read more
Are you trying to acquire wisdom? If so, then quit your job and go work for an early staged startup. Put your all into it and try your hardest to make it succeed. Use the $10,000 to live off of. Minimize all your expenses and learn how the business world works. In most cases, the … 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