I think that the answer is dependent on the level of technical talent that is already on-board. If you have an engineering focused squad, you can get away with rudimentary understanding. To your description a "non-technical CEO" is just that. Of course, whenever there is a gap in the team, it is ...
Cross-functional, proactive, user focused: you do not want somebody who will stop if he does not have a wireframe to work from or who will not plan for common error messages just because that was not in the specs that were given to him. You need someone who loves the product you are building and ...
No. The ongoing costs are significant, it's very difficult to create liquidity and trading volume, and the valuation is often lower than what that same company could achieve in venture funding. Also, the CEO's time is spent managing investor relations in a very inefficient way.
I think the premise of your question is wrong. The best way to recruit experts that are most likely to be helpful is not by building a Board of Directors. Being on a board has a tremendous set of responsibilities that most people aren't prepared to take-on initially. Furthermore, most early-...
The revenue that fintech companies generate from issuing credit builder loans can vary widely depending on various factors, including the specific terms of the loan, interest rates, fees, and the volume of loans they handle. Exact figures would depend on the specific fintech company, its busines...
The "important attributes" of any product are typically determined by your target market and vary significantly, but broadly speaking "ease of use" for the customer could be added to your list.
You could start with my APELA framework. Awareness: The first consideration is the size of your target audience. If your product or service is only relevant to a small number of people, it will be more effective to reach them directly by LinkedIn or email. If on the other hand, they are numero...
Marketing strategy! During the build of the product you should have been testing how it solves pain points for customers. This would help with clear brand and value alignment. As for acquisition, from the value alignment stage you should have a clear understanding of who your clients are, from th...
Hi: Looks like you've done a lot of good work - well done. I contend that your first fundraising effort should be friends and family. The leads are warm so you can focus on your pitch -- developing it, honing it, practicing it -- and the process -- setting the cadence for meetings, follow-ups and...
Investors fund businesses that show promise and a handful of bookings wouldn't cut the deal. How are you going about marketing and branding it? If you have a strong website that offers flawless experience, then, the right marketing strategy can be the game changer to attract the target audience...