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May 17 |
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Does it make sense for a SaaS company to also do consulting work? @Vogt: Yes, if most profitable long-run. Since the belief is that implemented SaaS ideas will create more value (read, profit) in the long-run, think of consulting as cash cows in the BGC matrix and SaaS as the ? mark (again, which u believe will be a star w investment). This implies that once w SaaS stars it should be less profitable for you to divert resources to consulting. If you have excess capacity, welcome all revenue streams (obvious?). |
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May 9 |
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How do I find a technical co-founder? to hire someone |
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Apr 28 |
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How much does a SaaS customer support cost on average? @Joseph - Well, let's get the available data, prefixed with what kind of SaaS product. Then I (and readers) pick the most suitable /average / mean/ min/ max... |
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Apr 25 |
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I feel it is nonsensical to conduct so many estimations in a business plan, what's your idea I find compete.com/plans too expensive for a single startup but sharing (in an incubator/angels network) it might pay off |
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Apr 24 |
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25% for angel investor for 20k$ @user9950 - I would invest time in presenting the idea to other 'experienced' angel investors. I think it'll benefit you a great deal to get feedback on the idea (from friends and competitors) but angels that put money it will be critical of business too. Then again, pick the best offer. |
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Apr 12 |
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Approach to online marketing @John, et al. - I'm not sure I agree w you on FB. I don't have a profile there (!) but I had run ads for my previous gifts business and I thought the targeting was quite unique to social networks with detailed user profiles. If I recall correctly for $50 I used to get $10 gross profit (yeah, a loss but I thought it was still a good at that stage). This's the now-defunct fb page: facebook.com/pages/Simpatico-Online-Store/23138612138 |
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Apr 12 |
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Business Plan with No Immediate Revenue Opportunity do you mean that a business projecting to make losses in the first 2 years will not get funded? I thought the cap was 3 years. |
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Apr 10 |
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Should I have my own content before opening content-repository website? +1 - I learnt it the hard way (5 years ago). |
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Apr 10 |
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Should I pitch my idea to Angel Investors? @Tim - what do you mean by "Your own skepticism is healthy for your financial welfare, but you'll be passed over in a blink of an eye"? |