Q&A
Investors and Legal Entity Structure
I am thinking about raising equity and granting stock options, but I am currently organized as an LLC. Any thoughts on that? •••
- June 24, 2008
What Makes an Entrepreneur
I read your post about the skills and experiences necessary to be an entrepreneur, but what about the "softer" stuff like my personality? Any thoughts on what makes an entrepreneur? •••
- June 22, 2008
Accounts Receivable Factoring
I've heard of the term "factoring" in terms of a potential financing method. What exactly is factoring and what does it involve? •••
- June 22, 2008
Men Serving Female Clients
This is a question about men working for women. My wife and I have recently started a home-based virtual personal assistant business where my wife is serving the female clients and I am serving the male clients, since that seems to be the prudent thing to do. •••
- June 21, 2008
Sales Pipeline Management
I've picked up from some of your materials and blog posts that sales pipeline management is a big deal. What exactly is sales pipeline management? Please explain... •••
- June 7, 2008
Need Advice On A Business Turnaround
I launched a retail store about nine months ago, but I need immediate help. My business is losing several thousand dollars per month and I am not even drawing any salary for me or my family. My revenue has flattened out due to the economy and is around $40,000 per month, but my expenses •••
- June 7, 2008
How to Patent a Game
I would like more information on how to patent and market a game I have invented. I am specifically looking for a company that will market a provisional patent to potential buyers. •••
- June 4, 2008
How To Structure a Spin-In
Can you please share more information on exactly how a "spin-in" works in terms of its deal structure? •••
- May 30, 2008
Selecting a Software Developer
I am about to hire a software developer to work on a new web-based business I am launching. Any tips for how I should approach this? •••
- April 24, 2008
How To Get Sales and Marketing Experience
It is quite apparent to me from reading through your site and listening to your presentations, that sales and marketing skills are essential for an entrepreneur. I am a young man without any experience in sales and marketing and I am curious what you might suggest for someone in my •••
- April 9, 2008
Raising Venture Capital for An Internet Company
I am the CEO of a successful and profitable content-based Internet company that leverages licensed content over a proprietary technology infrastructure developed over the course of the past several years that I believe to be best-in-class. I am considering leveraging my extensive technology •••
- March 25, 2008
Cashing in an IRA or 401(k)
What are your thoughts on the pros and cons of cashing in an IRA early? In addition to our IRA’s, I also have a larger 401(k). According to my CPA, a premature distribution is subject to ordinary income tax and a 10% penalty. The penalty can be waived for first time home •••
- March 25, 2008
Basic Business Coaching
I have no business acumen and no mind for business. I feel like I need a business coach. Not ongoing, but maybe an hour or two of consulting to review my current plan/thoughts and make some suggestions. Any ideas on where to turn for help? •••
- February 29, 2008
Disruptive Business Models
Regarding your post on Web-based Tutoring, this concept of "disruption" is very interesting. Can anyone explain this in more detail? Many of these ideas are new to me. •••
- January 22, 2008
Entrepreneurship and Greed
How do you explain the issues with capitalism/entrepreneurship when it comes to the potential for companies to do anything for a dollar out of greed? •••
- January 17, 2008
Taking an Invention to Market
I am a 48-year old man with no business experience in terms of starting a company, raising capital or running a company, but I've invented a product that I feel would be very useful for every bathroom in the U.S. and I believe it would be a huge hit. Any recommendations on what I should do •••
- January 4, 2008
Targeting a Potential Spin-In Buyer
We have created a new technology applicable to consumer electronics and we have presented it with some success to a few large consumer electronics companies. We would like to develop the technology around a "spin-in" format as you suggested in your Creative Models for Raising Capital •••
- January 1, 2008
Inventor's Notebooks
What exactly is an "inventor's notebook", where can I get one and how do I use it to document my invention? •••
- December 21, 2007
Car Washes as a Business Model
I’m thinking about trying to raise $500K to build a car wash. What do you think about car washes? Is that a good business to go into? •••
- December 15, 2007
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