Startup Q&a With Matthew Paulson
Startup Q&A #3: MLMs, Business Incorporation, Pitching Investors and Angel Investing
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Synopsis
Growth Hack of the Week: Stop doing low-value tasks in your business. Focus on high-value tasks and outsource, delegate or automate the rest. Resource of The Week: Automatic Income by Matthew Paulson This Week's Questions "What is your take on MLM and other direct marketing companies? Worth it or do something solo? How long might a person "give " themselves before backing out. (I've done direct sales before and enjoyed it. Left for other reasons) thought this might be a good Q for your next episode" - Laura T. Wingert "What do I need to do in order to form an LLC. And how does that differ from a DBA. And when do I need both... Or neither... Or one versus the other." - Ryan McKeever "When would you recommend getting a company credit card, bank account and company specific accounts? Right now I use a personal account because this is a side business. Thanks!" - Micah Kennedy "What do investors expect from an initial contact? An informal pitch? A formal pitch?" - Lisa Groon "What are your successes and failures