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Evaluating a prospective investment requires getting to know a company over time. There are four main stages of evaluation: a) The “first read” (which can be an instant reaction to determine whether the deal matches the firm’s strategy), b) The first meeting (in which the team can be evaluate...

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You have two questions. One is how to actually establish a price or pricing plans, the other are tactics most useful after pricing has been established. I think Laura provides some great tactics around pricing but as I read her answer, I think it addresses the tactics part less than the pricing...

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I would focus on the problem you solve more than the "business model" per se. Unless you're talking specifically about how to make money. The problem with most startups is that they don't solve an actual specific problem. It's a mobile app for example that does something, but doesn't really ...

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Teaching. Set up some sort of online, or even better, night course at a local college. Charge for it. By teaching, you set yourself up as an authority on the subject. The more you teach, the more people see you as the person who knows those most on the subject. What you'll get out of it is...

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1. Congrats on building a successful business. 2. It is important to look at your existing business and see what other services you can offer to the existing client base before you try to pivot the business. 3. What services do your customers use other firms for that you could bring in-house w...

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Before you weigh the pros and cons of different platforms structures it's important to think about who your customers are and how you want the business to grow. I help companies find their most profitable customers and have worked with pre-revenue to high-growth $70M+ companies in the SaaS, con...

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The key to understanding if you are going in the right direction from a product standpoint is to get it in front of users - so if you haven't let some of your potential end users spend time with the product, or at least put the concept in front of them to solicit feedback - that would be priority...

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Your business model is the difference between what the buyer is willing to pay, and what the seller is willing to accept. The key is pushing on both sides, getting customers to pay more (or pay more often), and getting sellers to accept higher fees, typically in exchange for moving more inventory...

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Are we doing homework for you? I suspect the "best" business model at the moment is the one where the users create or provide the content, and the company is an organizer and platform. We've all seen this quote recently: "Uber, the world’s largest taxi company, owns no vehicles. "Facebook, ...

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There are several questions/pieces of information you would want to consider to know which avenue to go down (a few highlighted below): - which platform are you going to be on-boarding and connecting students/tutors thoughts? web, mobile, hybrid or brick & mortar (includes actual phone calls etc...

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