How Honest Should You Be with Clients?

My Mom is dying right now – quite literally. She’s on hospice and her condition just got worse. I own a small business, I’m the CEO, copy writer, and chief everything. I spent the entire last week in the hospital by her side. Meanwhile, I have a business to run. Today I missed a major…

August 4, 2015

1 Comment

New Entrepreneur

So I have my first idea for a business. The gist is that it is a SaaS model, people sign up for the service, and the value of paying is that someone helps you curate the service to best suit your needs. This will be mainly geared toward businesses (small to medium). It is a…

August 3, 2015

10 Comments

How do you network and grow your business when you have social anxiety?

I am an entrepreneur because I fail as an employee. I have been working as an online freelancer for nearly five years, and an online-based entrepreneur for the last 6 months. I provide content and consulting services. For the last year I have been unemployed and making just about poverty level for my family size…

August 3, 2015

3 Answers

I have a website idea for a niche market, what to do?

I want to create a website that focuses on a niche market that I don’t think has been tapped yet. The problem is, how do I go about creating a website? I know there are website creators like wordpress, etc, but are those good sources? Or should I create a website myself from scratch? Can…

July 31, 2015

6 Answers

Does anyone else deal with on-demand field service contractors?

We do, a lot. We spent over $70k this year on contractors and are seeing that contractors lately are asking for more money, but … quality of work is going down they don’t arrive on time they have an entitlement attitude (pay is still deserved for subpar work) they won’t follow instructions (like calling upon…

July 31, 2015

No Answers

Sold my first company!

I started a E-commerce company in 2011 from scratch on a shoe string budget, ran it at for 4 years and just sold it for a Quarter Million Dollars to a large competitor. I was hoping to cash out for MUCH more but I realized that a business is ONLY worth what someone is willing…

July 30, 2015

7 Comments

How do you find a buyer for a hardware company?

I want to get the hell out of running this business. It makes $15K a month but holds $500K in debt. The brand is strong and drives traffic and the space is getting popular so bigger companies might be interested. Where are the basic calcs I need to run and where do I go to…

July 29, 2015

2 Answers

FrontBack was a great feature but what were the investors thinking?

So recently FrontBack shuttered. For those of you who don’t know its an app that took front and back photos from your phone to show the scene and your reactions to the scene. Cute. Cool feature… but a product worth a 3.9M investment? I’d love to hear what Michael Arrington thinks since he invested in…

July 28, 2015

2 Comments

How do I do a market pivot while retaining revenue from current product?

My startup created an enterprise product, and within 3 months of beta had signed up 3 high profile customers, the revenue of which covers our basic operating costs (but not salaries). Since then, we have discovered that our enterprise offering doesn’t have enough revenue potential to be worth the long sales cycle and enterprise feature…

July 27, 2015

13 Answers

SpringSled the “startup” that got 138,790 users in less than 40 days has flatlined… good riddance!

Alexa traffic shows this “growth hacked” startup has flatlined. http://www.alexa.com/siteinfo/springsled.com At the end of the day, build a frickin solid product and get traction through positive word of mouth, and not this stupid growth hacking shit. Stop wasting everyone’s time with your tricks. In case you need some background. SpringSled launched with nothing but a…

July 27, 2015

1 Comment

Can a Non-Technical person create a technical startup?

I’ve had this idea for a while now and really think it’s a home run. It will be an app, but I have no coding skills. I’m currently learning coding by myself through sites such as codeacademy.com, or codeschool.com. I’m only 19 and attending community college. As a person with no coding experience, can I…

July 27, 2015

10 Answers

How do I counter cofounder betrayal?

I started 2 startups with the same set of 3 (so total 4 co-founders). First one, 3 of us brought in some of our savings to bootstrap our venture. Since it was clearly not enough, we brought in a private investor and sold too much equity (33%) for too little money ($50,000 USD). Anyways, moving…

July 23, 2015

4 Answers