Hi there, Congratulations on your scholarship! I am both a startup adviser and college professor. My advice is based on my experience in the US, so please bear that in mind. Typically a personal statement is a combination of resume, aspirations and suitability. In that the school wishes to see...
Depends on the startup. If you have IP that provides a clear advantage, that's more valuable and easier to make successful than say a mobile app idea. Traction has become investors favorite buzz word. It makes sense though because they aren't gamblers. They are looking to fund proof of concept. T...
Interesting question, but I don't really see it as a "chicken and egg" type challenge. For a service startup business, you will still need an online presence. In the Lean Startup method we talk about MVP, the minimal viable product you can build to both test the waters and get paid. Why build a ...
I wrote a couple of articles when I was going through it for the first time: http://www.danielarroyo.net/2011/08/can-corporate-employees-become-entrepreneurs/ http://www.danielarroyo.net/2011/09/how-to-transition-from-employee-to-entrepreneur/ I hope you enjoy them. I can talk in length about ...
Honestly? Me. Admittedly, my focus is very narrow -- brand names and domains. But I see an appalling number of good startups begin by blundering in that narrow little area I know. Just as many get it right; yet even the fortunately named sometimes just luck out, without really thinking things...
This really depends on the idea that you want to test. Remember, a test is just a test, and not a complete depiction of how your actual business will do once it launches as that greatly depends not only on your product, but also on how your business is managed and what value you provide to the cu...
If you want to build a business around this, I'd recommend looking into some platforms that offer white-labeling and an easy interface for creating courses. Check out www.thoughtindustries.com. Or you could always go with something like Udemy, which may be a bit easier, but would be hosted throu...
When taking on employees you have to be mindful of state labor laws. If they are sales people working on commission only then you might get away with this form of payment. However if they are providing you skilled labor then you maybe required to pay them minimum wage. The bigger question should...
Silicon Valley Bank. Tell them I sent you and they'll take care of you ;-)
First off, you have to find out who would be willing to pay for this. All the information you describe here is already out there online, if you have the knowledge and the time to research it. In my view, your segments should be found with people, who are too busy to build a schedule themselves, ...