Assaf Ben-DavidMentor, Entrepreneur, Lawyer, Public Speaker
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Experienced Startup Mentor, Commercial lawyer, Lecturer & public speaker. I've helped over 300 entrepreneurs & 100+ startups. Taught tens of courses and given hundreds of talks. Founder of the Legal Clinic for Startups.



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Hi
Almost the exact same question was asked a few weeks ago on this platform, so maybe the answers there will help you:
https://clarity.fm/questions/6664/what-re-the-top-3-things-you-will-do-if-you-re-starting-an-airbnb-for-corporate
Good luck
I've successfully helped over 350 entrepreneurs, startups and businesses, and I would be happy to help you. After scheduling a call, please send me some background information so that I can prepare in advance - thus giving you maximum value for your money. Take a look at the great reviews I’ve received: https://clarity.fm/assafben-david


Hi
Good question. Selecting the right investors is one of the most important stages - as investors can make or break the venture. - especially if it's friends and family.

The amount of shares that should be given:
1. A good tactic in negotiations (and this is a negotiation) is to first try and find out what the investors want. It may just be that they were expecting a percentage that you are happy to give, in which case there is no problem (In this case, I would even give a little bit more than they asked for which will positively surprise them - even if it's just one %).

2. Calculating how many shares each founder should get:
There are various factors to take into account. These include: (a) the size of the investment (b) the current + potential value of the company, (c) the added value that the investor brings to the business (such as connections or expertise), and (d) how hard or easy it is to get investments from other sources.
At the end of the day, it's all about value and psychology (both side's feelings and perception of value).
Bottom line:
1. It all really depends on how much value they are giving you (not only financial, sometimes even just moral support goes a long way).
2. Ask the potential investor how much shares they want (before YOU give a number).
3. Have an open conversation with them in regards to each of your expectations.

I've successfully helped over 350 entrepreneurs, startups and businesses, and I would be happy to help you (including drafting the investment agreement if need be). After scheduling a call, please send me some background information so that I can prepare in advance - thus giving you maximum value for your money. Take a look at the great reviews I’ve received: https://clarity.fm/assafben-david


1. Linkedin
2. Facebook.
3. Music forums
4. Instagram.
5. Bands / Orchestras.
Ask others on the above platforms to help. People enjoy sharing and participating in such things.
Sounds fun. Good luck
I've successfully helped over 350 entrepreneurs, startups and businesses, and I would be happy to help you. After scheduling a call, please send me some background information so that I can prepare in advance - thus giving you maximum value for your money. Take a look at the great reviews I’ve received: https://clarity.fm/assafben-david


Schedule 2 separate calls.
The person books a call using the promotion link (or just set your hourly rate to 0), then, change the rate, and have them book another call for a time which is directly after the first one.
Alternatively, let them book a paid 30 min call (at half your usual rate) and then talk for 60 minutes - so they’ll only be paying for 30min I’m actual fact.
Good luck


Before giving you the practical tips, it is important to first point out 3 things:
A) You should be 100% sure that you really need a co-founder (versus using a freelancer or employee which may be sufficient).
B) Investors usually take a deep look into the team and prefer founders that have worked together for some time and/or know each other for a minimum period (preferably those who’ve already experienced difficulties together before).
C) There is a reason that CBInsights found that the third most common reason cited for startup failure is “not the right team” and that the most common agreement that I draft as a startup lawyer/mentor is a ‘separation agreement’. The reason being that most co-founders eventually split – and not under nice terms.
In most cases, freelancers/employees can do what you need (perhaps the only exception is having a CTO when trying to raise capital from VC’s – and even this depends on the type of startup).
How to find a co-founder:
1. Go to networking events - some of which are dedicated to “co-founders dating/matching” - try www.meetup.com for this.
You can also try www.founderdating.com or www.cofounderslab.com or http://www.founders-nation.com or www.founder2be.com
2. Take part in chats in relevant forums (depending on the type of co-founder you’re looking for).
3. Consider joining accelerator/incubator programs for startups/entrepreneurs - some of them connect between founders.
4. Contact head of programs at universities and tell them what you’re looking for. Today, many universities and cities have startup programs with a lot of talented participants (or speakers) who might be the perfect co-founder for you.
5. Talk to friends and family and let them know that you’re looking. This helps expand your network. Post a message on www.LinkedIn.com .
I've successfully helped over 350 entrepreneurs, startups and businesses, and I would be happy to help you. After scheduling a call, please send me some background information so that I can prepare in advance - thus giving you maximum value for your money. Take a look at the great reviews I’ve received: https://clarity.fm/assafben-david


when you say 'raising money' do you mean from investors or from the users (in which case you mean your business model)?
If you're referring to your business model, then here are some common options: advertising, affiliate programs/leads, up-selling of related products or services, etc.
If you meant raising money from investors, then it is very important to them to see a clear business model which can realistically generate profits. Many startups think: I'll get tens/hundreds of thousands of users and then I'll be bought out by a big company. This is rarely the case unless you have millions of users. So, you either need to show investors that you have a clear, realistic business model, or that you have a lot of users, that the number is growing, and that the users are recurring users (there are other stats, but these are the main ones).
If you give me more details I'd be happy to give you more specific advice.
Good luck
I've successfully helped over 350 entrepreneurs, startups and businesses, and I would be happy to help you. After scheduling a call, please send me some background information so that I can prepare in advance - thus giving you maximum value for your money. Take a look at the great reviews I’ve received: https://clarity.fm/assafben-david


In general, you should try answer as quick as possible, But, we are all very busy running our business and don't always have time to answer immediately, and therefore you should set an order of urgency based on the issue/subject/question - in the following order from fastest to least fast.
A) Questions regarding potential sales - answer asap.
B) Questions regarding a product recently purchased - answer asap.
C) General inquiries/suppliers/admin etc... - same day or next day. If it requires a long time to answer, try at least respond with a short sentence saying: "Got your email. Super busy, but I will do my best to get back to you tomorrow" - or something similar.
Good luck
I've successfully helped over 350 entrepreneurs, startups and businesses, and I would be happy to help you. After scheduling a call, please send me some background information so that I can prepare in advance - thus giving you maximum value for your money. Take a look at the great reviews I’ve received: https://clarity.fm/assafben-david


1. Make sure to list yourself in all 3 categories and fill in all the information in your Clarity profile.
2. Answer as many questions as possible - with quality answers!
3. Set a reasonable starting price.
4. Be patient. Clients will eventually come. Don’t expect too many though. Although Clarity is an amazing platform, it unfortunately seems like the founders/owners have stopped promoting it. Not sure why or if this is true but I’ve never seen any online promoting.
I’ve helped 350 startups and would be happy to help you as well. After booking the call send me some background information and the questions you’re interested in having answered.
Good luck


Yes, people will be interested - I say this because there are numerous websites that already offer this service. Take a look at Houzz for example.
As for models, almost all the known online models would work: advertising, affiliates, commission, fermium etc...
I’ve successfully helped over 320 startups and entrepreneurs and would be happy to help you. After scheduling a call please send additional details and I’ll be happy to provide you with more value during the call.

Good luck


I can connect you with someone who could help you with this. Send me a private message with the topic, due date and your location.
Good luck
I've successfully helped over 300 entrepreneurs, startups and businesses, and I would be happy to help you. After scheduling a call, please send me some background information so that I can prepare in advance - thus giving you maximum value for your money. Take a look at the great reviews I’ve received: https://clarity.fm/assafben-david


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