I have an idea for a product and would like to find an investor. I currently have a graphic designed 3D prototype with all the specs. My quesiton is, should i make a physical prototype to figure out cost of production before approaching an investor?

Validation and prototyping is key in understanding the potential, cost, value. The more information you have about your product, cost, market, business model, customers etc… the better your meeting with any investor will go.

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I have a small clothing store and would like to try something like Groupon, but their cut is too steep for my business. Any other ideas?

Answered by Dan Martell – Founder & Investor.

You could try other services that offer more competitive fees than Groupon. I'm not sure who does, but with all the clones out their - I can only image there is. (more)

I have an idea for a website and need a programmer to partner with that will do it for equity in the concept? Any thoughts on how to find someone?

Answered by Tim Berry – Founder of Palo Alto Software Posted in Money Management

I answered this question in more detail about an hour ago. I say don't give equity to a programmer until you know her or him well and want to work with her or him forever. ... (more)

Hi Dan, I have an idea for a tech start-up. Unfortunately coding is not my specialty, my knowledge of coding is very basic. The market is fresh, I have all the designs, id...

Answered by Dan Martell – Founder & Investor.

Try and earn a technical co-founder. Here's some article that might help. http://www.humbledmba.com/please-please-please-stop-asking-how-to-find http://www.jetcooper.com/b... (more)

We are developing a productivity and collaboration application similar to Yammer but specifically for task management. My struggle is that I can’t define my target market a...

Answered by April Dunford – Product Marketing Expert.

I disagree that Yammer didn't have a focus when they started. The majority of their early business was from Tech companies (even today on their site Tech/Internet companies... (more)

Like many other startups, I have an idea for a website but do not have too much starting capital. Should i use a website that has pre-made templets like go daddy or should ...

Answered by Scott Rutherford – Founder, UserVoice

Well, if you can create something using existing technology that provides a viable product and gives insight into your business plan then that would be the way to go. You c... (more)

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