The biggest barrier to entrepreneurial comfort

I’m stuck. I started a business while I was still studying, got the diploma and pushed as hard as possible to make it a success. After 2 years of effort, I had to face reality (ok ok ok I was not making a single euro, had to live on my parents donations and my girlfriend’s…

July 1, 2015

1 Comment

My partner isnt following through…

Not because he is lazy, but he has a business he has been running for close to 20 years that is taking all his time. He just grossly overestimated his available time and underestimated the time the new venture was going to require. We do not have a partnership agreement yet. The tricky part is…

June 30, 2015

2 Answers

How much equity should a PT employee get?

We are a bootstrapped company looking to engage a jr. designer & jr. developer to help out. Both folks that we are talking with have full time jobs. They would not be full-time hires & a cash salary is not an option for us right now. What would a good percentage of equity? And, over what period…

June 26, 2015

1 Answer

Legal advice?

I’m a young engineer that will need to officially start a company in the next month to handle IP that could will be internationally valuable. I’m working on a business model and plan, meeting with potential partners/clients/advisors, the works….however: I have no idea how to start an S-Corp on paper. I have an LLC, but…

June 25, 2015

3 Answers

How Do You Let Things Go (Mentally), Even After The Business Is Closed

Looking for advice on clearing my head of past experiences that still bother me. My first business was an adventure and full of amazing lessons, I was able to exit sucessfully with no financial detriment. However there are numerous events that happened that I still dwell on these days which give me anxiety and knots…

June 24, 2015

8 Answers

How to find a Hustler?

We’re an techies-only, 100% bootstrapped startup. We’ve got a great (working!) product, some paying customers, and quite some traction within our niche. Which is nice But we need to sell more. Right now, our team is composed of Hackers only. Read: the product sells itself. So we feel the time has come to add a…

June 24, 2015

12 Answers

Great idea, patents filed, now how do I gain traction?

So I’m bootstrapping a new ride-sharing service, working during the day to support it and building it in the morning/night. I’ve gotten it hammered out as much as it needs to be to start gaining interest: business plan, landing page, social pages, etc. The problem is I’m entirely new to creating a business from scratch…

June 24, 2015

15 Answers

Turnover prediction for VC’s

We have a working product (SaaS) but we need some funding in order to continue. We also have first clients and the product has big potential. However, we would need a lot more resouces to get things off the ground. How much revenue should I plan for where VC’s are interested in the product. My predictions…

June 18, 2015

4 Answers

If you build it, will they come?

The “Silicon Valley way” of doing business is to come up with an idea first, then form a company/startup. Is it possible to do it the other way around…form a company first, then generate ideas/prototypes among the talent you’ve acquired or assembled together? Are they both means to the same end?

June 18, 2015

6 Answers