Er... You don't require investors, you require customers. I know many people running this type of business. Startup cost is $0. Well, whatever your site hosting costs every month. Best starting point is just to research other Medical + Dental Tourism companies. Clone what they do. Pay your ...
This is an awesome question! As a fellow entrepreneur and strategist I can tell you that this is way more common than you may expect. I think social media and public figures like Gary V and the like have built sense of quick scalability by simply getting going and that is simply not the case. In ...
You should consider purchasing a company already in business that provides those services in one of the "business friendly states", Delaware, Texas, Nevada. Doing so will set you apart from your competitors and will give you credibility based on the reputation of the company you are purchasing.
There are three angles to look at this structure from: 1) Is it the best way to set things up to hold your investment from a legal perspective? 2) Is the it the best way to minimize your taxes? and 3) Is the best way to set things up from an accounting (i.e. bookkeeping) perspective? In your q...
That is perfectly normal and really just fine. Creating a company, growing a company and maintaining a company are three different jobs and the best fit is rarely the same person. Now that your creation has matured, it may be time for you to hand it over to someone else who will protect your in...
This is not tax or legal advice. Two things stand out - usually people leave it up to the investors to ask for preference shares and also I see a lot of family members in that cap table. He could pool them into one entity to make the structure less complex IMO. You'll want to make sure typical pr...
Two key issues in your question: (1) when you say "majority are making millions" you're not seeing the hundreds of startups that failed in the same space... (2) if it's such a great idea, you should have traction. CHALLENGE: Adding photos to menus is tricky... Good pics are very expensive, an...
Being both a Consultant to Startups and an Educator to young people like yourself, I commend you first on getting international experiences of any kind. And it's great you have a good business idea! Here's the beauty of applying to those companies - you can always say no or not pursue the job. A...
Well , first , you have to know exactly what you want to produce , and why . Then, you have to think about the brand of market that is viable at the moment , and/or the consumers you want to attract/market to . You have to brainstorm , figure in the cost of production & distribution + profit. T...
Lock yourself in your home this weekend and spend every hour possible on YouTube learning how to use a particular type of software commonly used by ecommerce companies (eg. Kiss Metrics, CrazyEgg, Click Tales, Google Analytics, Google Conversion Optimizer, Google Tag Manager, etc...). The goal i...