Depending on your individual circumstances, your spouse may be entitled to as much as 50 percent of your business in a divorce. Since it is probably safe to assume that you will not want your ex-spouse to remain in your life as a business partner, what can you do to protect your business? Althoug...
10% of the total monthly sales churning on an absolute basis is near fatal. That means that within 5 months, you have 50% absolute churn per year, which reveals fundamental flaws with the service itself. Anything above small single digit churn is telling you and your team that customers are not...
First I'm lot a tax attorney or even know anything about Malaysian tax law. I'm however a person that has moved around a lot and have encounter this situation before. You will must likely have to declare your US income in your home country. However some local tax laws allow for a deduction of fo...
I've been where you're at *multiple* times. The advice I gave myself was to throw my arms up and just get a job and focus on being better at developing software, the act of coding, since thats what me/you are "passionate" about. If you want a business though, you have to first ask yourself, "Wh...
I am not a lawyer and am not giving you professional advice here. Merely discussing the topic. I see what they are getting from you...but what are you getting from them? You lose control...they get your expertise...you can be booted out at any time thereafter. I don't see the upside. If they ...
Knowing your target market is a core part of your business plan and go to market strategy. Survey potential customers, find the pain points, offer them a solution which solves it and if they can't live without it you've got a winner. There may be some information online but this is a pretty imp...
The conventional wisdom is to create a minimum viable product (MVP), release it, get customer feedback, use that feedback to improve the product, release again, get more feedback and so on. In terms of releasing to a closed user group, that is fine but when you launch a new website you're probab...
I'm going to be making some assumptions with the hope that my answer will be helpful to you (if the assumptions are correct) and others. 1. Make sure YOU are "running" all marketing. By this I mean that those you hire should be following your strategy - not creating it. They should be communicat...
Your question is clear and understandable, but you either need to pay for the services, or give away equity - talented and trustworthy people won't work for free - nor should they. The only question that remains is how can you develop the platform while paying less or giving away less equity. A...
The best ones that I have used are as follows: O-Desk: https://www.odesk.com/. This is good for more complex tasks that are still relatively cheap to implement. Fiverr: https://www.fiverr.com/. These are small jobs that cost $5 bucks per gig. Good to get small stuff done fast. I hate to say ...