1,374 reputation
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bio website nbdtech.com/Blog
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visits member for 2 years, 8 months
seen May 19 at 12:51
stats profile views 74

Oct
22
comment Credit card processing for startup
+1 for "try to beat your competitor on something other than a half percentage difference in end cost"
Jul
21
comment How to propagate and fund business ideas by consumers
@Jakob - reaching customers who are willing to pay is called "marketing" and is one of the most difficult parts (often the most difficult part) in creating a successful product.
May
12
comment Under GPL, can I legally put my own logo & copyright, considering that I have made significant changes?
@Mawg - no, from the gnu.org web site (emphasis mine): "the GPL requires you to make the modified source code available to the program's users" - anyone who has access to the binaries must be able to get the source for free, you are not required to give the source to the general public (BTW, the words "freely available" do not appear in any version of the GPL)
Jan
17
comment How do I find a “techie” to help build a start up website?
@DaveMateer - I disagree, 99.9% of ideas (I didn't say people) are not commercially viable and are not worth implementing at all (at least not as a business) - if you want me to take you seriously show me market research not mockups (actually, market research and mockups).
Jan
10
comment Should I provide a trial version or a money-back guarantee?
How much money do you want to make with this software? small niche at a low price will not result in a lot of money - take your monthly salary (or the salary you hope for) divide it by price minus processing fees – this is the number of new customers you have to get every single month (and we didn’t even takes marketing costs such as advertizing into account)
Sep
21
comment Two years in development mode at a startup: how do you deal with family?
@Chris Bridgett - thanks
Feb
27
comment How can I have people work for my start-up if I have no way to pay them?
@Robb - Thanks, fixed the typo
Jan
3
comment While working on my startup, should I keep track of my time?
@Alex - I had a hard time when I started, at the beginning you will forget to start and stop tracking - but if you don't give up at some point it will just become an habit
Dec
23
comment Should I charge for my service or not?
@Nick H - You have to be better (or at least different) than your competitors, that's true when they're charging money and even more true when they're free. that doesn't change the fact that online ads are a poor source of income unless you have lots of targeted traffic (btw, I sell software that has lots of free alternatives - and people still pay)
Nov
3
comment CEO , what % of equity to give
Just be aware that CEO is a big corp and CEO in a startup are two completely different things, a big name CEO with a strong background in big companies is likely to be completely useless in a startup - before hiring the CEO read this: bhorowitz.com/2010/04/28/why-we-prefer-founding-ceos than read everything else on that site.
Nov
3
comment Need an idea for a logo
Isn't one of the big advantages of sites like 99designs.com is that you can give them a description exactly like what you wrote here and have the graphic designers come up with ideas?
Oct
24
comment First-time meeting with a VC and Angel Investor
Investors don't like "if we had 1% of the market we would make xxx" because it makes you sound clueless, unless you have a realistic marketing and sales plan to actually reach and sell to more than 1% in a short time, in most markets getting 1% of all potential customers to buy is almost impossible (let's say I sell exercise equipment, every single person on earth has a body that needs exercise, now if I get just 1% of them to buy I'll be richer than bill gates)
Oct
11
comment How to save a really bad AdWords account
Their lowest option for monthly budget on the sign up form is $1000-$3000, I don't want to spend anything near $1000 until I can see some real ROI
Oct
11
comment How to save a really bad AdWords account
thank you for the answer, I haven't found an agency that fits into my budget, I'm very interested to hear your experience, I don't know how to DM on this site but you can e-mail me at nir(at)nbdtech.com , thanks
Oct
10
comment Registering My small Web Design & Development Company
The procedures are completely different depending on what country you are at, you should add this information to the question.
Oct
3
comment What skills should i get to start?
@Andrew - I'm a software developer, if I were you I would try to outsource or use freelancers to create the product (no employees, no expenses you can't stop and since you are a tech guy you can evaluate the results they give you) and concentrate on marketing (put up a web site, drive traffic to that site, convince those people to buy).
Sep
28
comment What skills should i get to start?
@Andrew - I've started a software company alone while working a full time job (I work on my company nights and weekends) and I can tell you that most of what I learned about selling software before starting is irrelevant, highly exaggerated, lacks important details or just plain wrong - you can learn more in one month of doing than in a year of learning (also, the correct thing to do in a small company is often the opposite than in a large one), so, if you want to start a company - just do it - but it will cost more then you think and be profitable later then planned - so have some reserves
Sep
27
comment Using Paypal for accepting online payments
@rem - yes, they are a payment gateway for PayPal, they accept every payment option my customers ever wanted (even invoices and purchase orders)
Sep
26
comment Debt Free Tech Startups
Totally agree (I'm doing #3 and am profitable since year 2 of the company)