1) Designing Your Invention (CAD Software): A) If you just want a shell of your invention, then learn to use Rhino3D, or some other 3D design software. B) If you want to have the entire mechanical internals of your invention be a part of your prototype, then use something like Solidworks which...
Most of mine come from being eternally curious about the world around me - questioning how things are done, why things are done a certain way. Ideas tend to strike me when something happens that either makes me happy or excited (which I then want to make repeatable or shareable with the world)...
Finding a cofounder is tough, especially at early stage. I think the way your are approaching it make sense and I followed a similar path. Once you have developed an MVP you will have more to show both to potential cofounders, employees and investors. This will also allow you to raise some see...
Lyft was founded in 2012. They operate in 200+ cities in the U.S. cities. They've raised more than $2B and they're valued at $5.5B. Udacity was founded in 2011 and is valued at over $1B. Vox Media was also founded in 2011 and is also valued at over $1B. Uptake was founded in 2014 and is val...
You're saying is that your product strikes a middle ground, "providing powerful project management features without the learning curve." Why is no learning curve important? Because it allows teams to transition to it without taking time to do it. Teams that are already using complex products lik...
This question leads me to believe there are a limited number of people in the company. With that said, and I mean this sincerely; why do you need a title? If you are a key person in an early stage start-up what will the title do for you? Will it pigeon hole you into a specific role or skill set w...
I would try selling it to 10 customers (without changing your pitch) and if you don't get 3 customers to buy, then adjust. It's less about time and more about # of learnings. I don't like interviews, I like asking if they have the problem, showing them our solution (verbally or with a visual) a...
A pre-launch raise is really hard but not impossible. I raised a seed round for a mobile app that hasn't launched but it was quite honestly incredibly difficult and I wouldn't recommend others trying it! I answered a question about when is best to raise under what circumstances here: https://...
This one by Jason Daley on whether entrepreneurs are born or made is a great one: http://www.entrepreneur.com/article/228273 Steve Blank is always an enjoyable read: http://steveblank.com/2012/06/04/entrepreneurship-for-the-99/ You gotta love this one by Richard Branson http://venturebeat.co...
Greater risk = greater equity. How likely is this to fail or just break even? If you aren't receiving salary yet are among 4-6 non-founders with equivalent sweat investment, all of whom are lower on the totem pole than the two founders, figure out: 1) Taking into account all likely outcomes, w...