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Entries tagged entrepreneurship in Nov, 2013

Filters: Type: entry × Year: 2013 × Month: Nov × entrepreneurship × Sorted by date


I’ve been working alone for about a year, how do I get out of this feeling of loneliness because no one is around me?

This is why co-working spaces exist. I don’t know which country you are based in but here in the UK most cities and many larger towns now have at least one tech-focused co-working space where you can rent a desk on a month-to-month basis and have a work environment outside your home with other freelancers with whom you can socialize.

[... 129 words]

Should I pull the plug?

Is there any way if turning this in to a recurring revenue product? It’s enormously easier to get money from an existing customer (since they already know that your product works for them and is worth the cash) than to sign up a brand new customer.

[... 140 words]

In which case have you seen a non-tech sole founder rise to build a sustainable great company without a tech co-founder? How can this work? What are the steps/advice you would give to the non-tech founder?

Here’s a great write-up of his experience: From Selling Scoops Of Ice Cream To Founding ZeroCater | TechCrunch

[... 110 words]

I’m a developer, I’ve an idea, how to look for funding?

If you only need $10,000-$15,000 you should be looking at funding it yourself—professional investors very rarely get involved for that size of raise, and you probably wouldn’t want them to—giving up equity in exchange for so little money is usually a bad idea.

[... 90 words]

What should be my strategy to become a tech entrepreneur?

Go and work for an early-stage startup. Pick well and you’ll learn a ridiculous amount in a very short space of time: excellent preparation for later striking out on your own.

[... 47 words]

Can top VCs hire almost any employee they want for their portfolio companies?

There’s little a VC can do to convince someone to go and work for one of their portfolio companies that the company couldn’t do itself. They might hear about good candidates through their networks, but that candidate will still have plenty of other opportunities to chose from.

[... 117 words]

Is it worth it to give up equity in a seed stage company for something other than money? E.g. access to multiple consultants/mentors, as well as regional angel and vc groups?

Yes, but not very much equity. It’s reasonably common to give small (less than 1%) stock grants to members of your advisory board for example.

[... 75 words]