article thumbnail

7 Lessons They Don’t Teach You In Crowdfunding School

Startup Professionals Musings

Here are seven lessons I’ve accumulated from real life experiences on how crowdfunding can lead you astray -- and guidance on how to offset these potential negatives: Keep your attention on the business model as well as the solution. Several crowdfunding successes have failed as a business. Keep all IP details close to the vest.

article thumbnail

5 Factors That Set Your Best Startup Funding Strategy

Startup Professionals Musings

This is the realm of the angel investor, who wants to own a piece of the new business, and probably knows how to run it and wants a seat on the Board.For B2B startups, every investor expects to see a proven business model, with a working prototype, and preferably a real customer or two.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What intellectual property (IP) steps should a startup take?

NZ Entrepreneur

One of the main (and early) steps is to make a considered decision about what IP means to your business and what IP tools will be used to support your business model. Not doing so can cause big problems later for your business. Using non-disclosure agreements (NDAs) can ensure your know-how is not misused.

article thumbnail

Create your IP strategy early to avoid common pitfalls

NZ Entrepreneur

Having a business strategy that includes an IP strategy will help you make informed decisions, identify opportunities, reduce unforeseen costs and improve your negotiation positions while avoiding long-term negative consequences. IP by itself will not make a company succeed, no more than writing a song will make someone a rock star.

IP 62
article thumbnail

HOW TO: Build an App for Your Small Business

mashable.com

When you’re working with a freelance or contract developer, make sure you have all your paperwork — from non-disclosure agreements to invoices and beyond — signed and sealed early in the process. Other sites that let developers solve computer science and algorithmic problems are CodeChef and Project Euler.

article thumbnail

How to Hire a CRO Agency: A Process to Get It Right

ConversionXL

Before scaling testing, we wanted to get foundational tracking implemented on the marketing side to better understand testing results relative to the health of the business. What is your budget for CRO services plus the costs to run tests? Ask agencies about their process, costs, and structure.

Hiring 94
article thumbnail

How to hire a programmer to make your ideas happen

sivers.org

Youll estimate time and cost better. The programmer will probably not understand your business model, and therefore cant help you point out anything that doesnt make sense in the requirements. Thinking of your project in milestones makes all the difference. Misunderstandings cant run on too long. in a short period of time.