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visits member for 1 year, 4 months
seen May 17 at 17:14
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Apr
25
comment Should small start-up partners record purchases in initial phase?
I'm not sure that it actually makes sense to own 75% of the company, however he definitely should be entitled to the amount he spent plus some amount for the risk he took.
Dec
28
comment Is making a product free a valid sales strategy?
"The hung up on something else" part is a huge (expensive) problem to solve. There are subtle network effects at play, making our software more valuable the more businesses use it. I think we'll have businesses begging us to take their money if enough are using it for free
Dec
27
comment Is making a product free a valid sales strategy?
These are relatively small businesses, most of them are in the $500k - 2m range in yearly revenue, so I would think that level of spending should matter. Our current prices work out to be about $5k/year, which many prospects think is far too much, however, a lot of the other prospects are willing to pay, but are hung up on something else.
Dec
27
comment Location Specific Domain Name?
If what shows on screen changes drastically with the locale the user is in, it makes sense to have those at different URLs for SEO reasons. We use IP addresses to guess which locale to send our users too
Oct
26
comment When to compete on an idea?
Ideally, you would have competition - big profitable competition - but you would have an idea that serves the same market, but with a much better product.
Jul
26
comment Software product with very limited support or without it, what is better?
I think you can have documentation (and accompanying videos) without calling that support. That's something you almost certainly need.
Jul
25
comment How do I pursue funding for a vertical product?
Who else has done things in that vertical? Who invested in them?
Jul
11
comment Is there a “magic number” of stores to have prior to launch?
If you're having a very hard time getting stores to sign up for your product, find out why. It could be that no liquor store wants that for some reason
Apr
28
comment How Would You Market A Product To High Schools? (Most Effective Way)?
Are there any sort of associations that every high school coach belongs to? Contact them.
Apr
24
comment How do you verify the viability of your idea?
How hard is a MVP to create? How hard is your idea for users to understand? Have you talked to any potential users?