Hello: Sounds like you have some pieces in place, which is good. To get the rest secured, consider the following: * Develop a financing plan that encompasses how the money you raise will drive your business' growth as well as how much you need - it sounds like your initial approach fell a bit sho...
Not exactly sure what you mean. Typically you get an exit either because the company in which you invested is acquired or it goes public (there are other options, but those are the normal ones). Angel investors usually consider the acquisition potential when making an investment. If there are a l...
Great at the age of 22. Your concepts is really nice and extraordinary, it might you face a lot of compositors already but still you do your revolution your way. --------------------------- About value of startup. If your are calculating your startup >> Investment is the 1st part + Estimated yr...
Because of the nature of your consulting business (web development) you have the advantage of being able to effectively offer your services remotely. I think more important than deciding between a large or small city, is finding a city where you would enjoy living and building a network. Is there...
First to your question. No, unless there is a law in place, nothing is mandatory. That said, not liking your industry will make it more difficult to succeed. Those who love what they do will work harder and longer to achieve success. But success means different things to different people. Do yo...
A recurrent question in the region. Thank you for asking! I've been based in Singapore since 2012 and have contributed to the expansion of the different startup ecosystems in Southeast Asia (more here: http://exitcoach.fyi.to/linkedin), including Malaysia. In 2014 I was part of MaGIC (Malaysian...
Yes, it is possible. These are called Information Interviews. The key to keep in mind here is that some people are going to be happy to talk with you, and a few are not. Don't take the few personally: they don't want to talk to anybody. If you want a fast turnaround, call; if you can wait, send...
You use the title co-founder, which indicates a partnership and mandates that the tech hire (I'm assuming is the CTO) be provided with the perks and benefits of other co-founders. If you are using the term co-founder loosely and there is no formal co-founder designation in place, then wait 6 mont...
I have worked with a few international teams on business projects, and great things can be done across seas :) I would suggest really clarifying expectations and responsibilities of each position. Would the 4th American guy be amenable to checking in regularly (however you define that) on projec...
You could use a payment processor and also a call system such as twilio. If you want to work with the phone companies (i.e. 1900 number in the US) this is also an option but the API's are not friendly (or non-existent) and they will take a larger fee.