This is a very important issue. Vesting and commitment should be decided upfront and in consensus. While I could tell you my experiences with founders, I would encourage you to first read this two posts on vesting: http://www.feld.com/archives/2005/05/term-sheet-vesting.html http://www.naffzig...
Hi, I am not sure what country your located in, but many of the western countries offer grants for startups who have something innovative. You do not have to return the grant in many cases, and they don't take equity, but there are some limitations: for example you can only use the money to pay ...
Are you looking for a partner or a vendor?
A member buyout option for a startup partnership LLC can be structured in a number of ways, depending on the specific circumstances of the partnership and the agreement of the members. One common way to structure a buyout is for the purchasing member(s) to pay the selling member(s) an agreed-upo...
I always feel the next step once you have an idea is to validate it by creating something simple that you can put in front of someone, so they can review and give feedback. This can come in different forms 1) Verbally describing the solution and getting feedback from target customers 2) Design s...
This really depends on the type of e-commerce platform and the platform on which it is built. For my e-commerce clients, with less than 1,000 products, the best business plan reference book would be The Success Principles by Jack Canfield. However, you must first understand the triggers you woul...
Market to your niche, talking about the same problems your beta clients signed on to get fixed. These are called "pain points" and are valuable language. Anyone in the situation will instantly pay attention to you. Note that I am saying you should talk about the problem(s), not the features of ...
I have worked with some of the Top 50 Fortune 50 companies for Mobile/Web/Google Glass Development Projects. Never work for free if you don't want to devalue yourself later. If the client is big (read rich) he won't mind paying for some initial Mockups. The whole point of working with big clie...
I think there are multiple issues going on and I would honestly love to work with you on this as it looks like an actual challenge for me. I'm a business consultant and really do only like working with real hurdles that challenge me. One thing that stands out is your branding - or lack of. Y...
If you have an already established business then the strategy would be different and if you are going to launch the same kind of business in India then the steps would be different. Keeping your words in consideration that you want to grow it, it means you already have such business with you, no...