Q&A
How to Launch a New Branch Office
I have a PC service business that I have operated in a small community for ten years, and two of my children are now old enough to work with me. I have a process oriented, TQM background, and I've developed effective methods for handling large volumes of repair with high •••
- November 24, 2009
Raising Capital for an Alpaca Farm
We are interested in starting an Alpaca farm. Do you think this is something investors might be interested in investing in? •••
- November 4, 2009
Venture Academy DVD Set vs. Entrepreneurial Bootcamp DVD Set
Are there any differences between your new Venture Academy DVD set and the Entrepreneurial Bootcamp DVD set? If so, what are the differences? Is there added information, is it more applicable? What advantages are there purchasing your DVD set? This •••
- November 4, 2009
How to Raise Early-Stage Capital While Minimizing Dilution
I need to raise capital for my software startup and I have investors ready, willing and able to invest in the range of $1m - $2m, but my dilemma is that I have a couple of significant events that are likely to happen in the next several months (major initial customer commitment and a major channel •••
- August 11, 2009
How to Negotiate a Licensing/Royalty Deal
I am about to enter into a licensing/royalty negotiation with a company that is interested in taking my idea to market. I've read your Q&A post on Taking an Invention to Market and it was very helpful, but I am looking for more specifics on the actual agreement itself. Any •••
- July 22, 2009
How to Invest for the Near Term
I am trying to realize the investing potential with the $20,000 I end up with at the end of each summer that I work between school years. Throughout the rest of the year I usually spend most of this slowly on rent, daily necessities and other costs, but I believe there should be some options •••
- June 30, 2009
Out-of-Work IT Director Looking for Ideas
I am an out-of-work IT director that cannot seem to land another job and I'm planning ahead for the worst while looking for ways to avoid that eventuality, however likely it may be. I'm in my fifties and I know from experience that finding more work anywhere near my own field will probably •••
- June 24, 2009
Looking to Buy Technology-Based Intellectual Property
I am a technology executive that is interested in acquiring a technology-based product IP (intellectual property) that I can work on and take to market. Any ideas on how I go about finding technology-based ideas for sale? •••
- May 20, 2009
A Framework To Evaluate Yoking Concerns
As a former executive, I am considering establishing a consultancy in my field. I hope to license and adapt some educational and management training materials for use in my consulting. The entrepreneurs who have developed the materials and methods are not believers, but I would •••
- May 8, 2009
Intern Seeks Advice on Internship Compensation
I am a young man seeking an internship where I can be mentored by an experienced Christian entrepreneur. What advice would you give me in terms of structuring the relationship and compensation? •••
- May 7, 2009
How to Grant Someone Sweat Equity in a Business
How should I think about granting someone "sweat equity" in my business? Should I grant them stock or give them a royalty? Any suggestions? •••
- April 22, 2009
Idea Generation and Industry Analysis
My family has some investment capital and there are several initiatives that the Lord is placing on our heart so we are going to pray, read Scripture and think through ideas, information, articles, etc. that are relevant to this topic. I have listened to your messages you gave at the •••
- April 16, 2009
Opportunities for Entrepreneurs to Focus On During a Downturn
Given the current economy and political environment of today, if you were going to focus on a particular type of business, market or segment what would it be? What would be your top 3 choices? •••
- February 23, 2009
MBA with Sales Experience Seeks Advice on Building His Entrepreneurial Skills
I am a father of two girls and was introduced to you through a magazine article 6 months ago, just as I was finishing my MBA. You've been a blessing! My question is: Now that I'm in management consulting, where should I focus my skill/knowledge development which will best complement •••
- February 19, 2009
Semi-Conductor Process Engineer Seeks Advice
I found your site after having seen DVDs of a couple presentations that Wade Myers did at the Entrepreneurial Bootcamp in 2006. The perspective presented there was a new one for me after working for several decades in the conventional worker economy. I'm a thirty year veteran of •••
- February 4, 2009
Age Group for the Venture Academy
I'm in my early 50's. Will the academy be oriented to a younger age group? It would be difficult to attend this year, but what I have read is of interest to me. •••
- February 4, 2009
Managing Future Uncertainty When Buying a Company
I've read through the Q&A postings relating to valuation of an existing business for purchase and appreciate the information you've presented. I wonder if you might elaborate on how pricing should be adjusted in light of the increased risk present under our current economic •••
- January 26, 2009
Testing Out a Business Concept in Company Counseling Services
I have been considering starting a business that would provide pastoral care for businesses that want to have this service available to their employees. It would involve providing a chaplain to have small group Bible studies at the business site, biblical counseling, and or seminars on •••
- January 16, 2009
How to Make the Most of an Idea without Any Money
I have a "patent pending" on a new type of commercial resistance exercise machine. Here's the problem. I don't have the money to get a prototype built. I know what I have here, but I have no money to pay for anything. My desire is to start a small manufacturing •••
- January 16, 2009
Limiting Prospects Based Upon Lifestyle
I am a financial advisor and I recently met two "men" at the airport who turned out to be living together in a gay lifestyle. I started a conversation with them and we ended up talking for several hours both in the terminal and on the flight. The topic of our conversation was primarily •••
- December 30, 2008
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