It’s one thing to ask for information from your customers. It’s another thing to get them to provide it. The difficulty is that, if you don’t take the time to think about what information you need, you may not get the right data.
If you want your customers to provide you with the information you need, they have to know what that information is.
Information gathering is a two-way street: it’s about both your needs and theirs. It is a process of give and take. …
Before we begin, I want to define some terms.
What I am calling the distance between what you want your user to do and what they are actually doing. In the case of a mobile app, this could be measured in taps.
If it takes five taps to get from landing on your app’s screen to completing the task you want them to complete, then there is friction.
This is what you want your user to do when they come into contact with your product. …
When you start a venture with other people, you have to decide how to split the ownership of the company.
You need to agree on who will own what part of the company and in what proportions.
You need to decide how to make decisions about the company, such as what decisions require everyone’s agreement and what decisions only require majority or supermajority agreement.
This agreement is known as a “Founders Agreement.” …
You’ve done it. You’ve raised venture capital for your startup. Congratulations!
You now have the financial resources to hire a team, build a product, and grow your business.
You also have a new problem: what to do with all that money? How much should you pay yourself? What’s the right amount? How do you make sure you don’t overpay yourself or underpay yourself?
To figure out how much to pay yourself as a founder of a startup, I talked to dozens of founders and investors who have raised money for their startups.
And I found that there is one simple…
Most people would think dropping out of university to start a startup is the most stupid idea.
They are probably right, especially if you are considering it because you don’t like your current major or if you don’t want to pay off your student loans.
However, if you have a business idea that is worth pursuing and can earn enough money while in school, it might be worth taking the risk.
I’m not saying that I recommend dropping out of university to start a startup. …
Today, when you are starting a business, the first thing that comes to your mind is technology. The Internet has been the biggest revolution of the 21st century.
This revolution has helped in the success of a lot of businesses. If you are also starting a business, you must know how to make use of technology for the success of your business.
The information that is required for this purpose can be collected from cloud computing providers and technology partners.
If you are a startup and you have already taken the step towards launching your product, then it is quite…
If you are a SaaS entrepreneur or startup founder looking to grow your business and want to know how to list on Appsumo, you’ve come to the right place.
I’m sure you already know Appsumo is a leading e-commerce site for online marketing and growth hacking tools, where the SaaS startups and entrepreneurs can list their products for a limited time offer.
Appsumo is not just a place to sell your product, but also a platform where you can get new customers and grow your business.
If you have not heard of what Appsumo is, then you are probably not…
It’s an exciting time to be an entrepreneur.
Today, the barriers to entry for startups are lower than ever before. This means that if you have a great idea, you can build a product and release it into the world with minimal capital.
But one thing that hasn’t changed is the importance of a solid pitch. A strong pitch is still the first step to building a successful startup. It’s your ticket to meetings with investors and it’s what gets journalists interested in writing about your company.
There’s just one problem: building a solid pitch takes time. And if you’re…
SaaS stands for Software as a Service. This software delivery model is an alternative to the traditional software purchase, where you install and manage the software on your servers. In SaaS, the vendor hosts and manages the software and charges you a recurring fee for uses.
The SaaS model has become increasingly popular in recent years, led by companies like Salesforce.com.
The SaaS business model is more accessible to start than selling packaged software because it’s less capital intensive.
You don’t need to buy or build servers or hire a software development team. …
If you are an entrepreneur, then you have heard the terms “Business Owner” and “Entrepreneur” used interchangeably. But are they really the same thing? Well, not exactly.
There is a difference between the two roles. An entrepreneur is someone who starts up a business, and a business owner is someone who has started up a business.
In this article, we will be discussing this difference in detail so that you can know what it means to be an entrepreneur.
An entrepreneur is someone who is the founder of an organization or venture and plays a major role in its development.