This article picks up from that point onward, discussing the challenges we ran into once we went into operation mode, the invaluable lessons that only first-hand experience can teach, the exit strategy which was the $250,000 sale of the website, and finally my overall concluding thoughts on the entire experience. Pardon the tangent. MORE >>

Clearly define the customer, channel, and revenue model associated with this solution. In this section, you need to be passionate about revenue, profit, and volume growth. Many people seem to use the social network advertising model for revenue, but forget it assumes at least 100M users and $50M investment. Exit strategy. MORE >>

Clearly define the customer, channel, and revenue model associated with this solution. In this section, you need to be passionate about revenue, profit, and volume growth. Many people seem to use the social network advertising model for revenue, but forget it requires at least 100M users and $50M investment. Exit strategy. MORE >>

Investors are fond of asking entrepreneurs about exit strategy. After all, Investors get in in order to get out or exit. And these days the predominant exit is to be bought by another company. That’s how important exit strategy is. . What is your entry strategy?  . How will you acquire users? MORE >>

In this section, you need to be passionate about recurring revenue, profit margin, and volume growth. Implicit in this is the go-to-market strategy. Describe marketing strategy, sales plan, licensing, and partnership plans. Project both revenues and expense totals for next five years, and past three years. Exit strategy. MORE >>