#1 What compelling reason exists for people to give you money? You have to have a value add to your consumer. If I don’t think your product will leave me better off than without it, I’m not buying it.
#2 How do you acquire what you’re selling for less than it costs to [...]
Which of the 4 components in a startup business is more important?
The Team
The Product or Service
The Business Model
The Market
Take your time…you do not have to answer right away. Pretty tough eh??
I know, as a serial entrepreneur and budding venture capitalist I have learned a few things about startups. If you would have asked me this [...]