Category: Startup Guide

Is it possible to launch a startup while working somewhere else? It’s a question that many new founders face. You have new business ideas – ones that are most likely related to your current job or interests. Unfortunately, most people with these thoughts do not take action and the contemplation of starting a business never… Continue reading The Hitchhiker’s Guide to Part-time Non-tech Founders

When Bill Gross created Idealabin 1996, during the early days of the internet boom, startup incubators were a fairly unique concept. Incubators differ from research and tech parks. Incubators are strictly dedicated to startups. Most tech parks do not offer any business assistance services. Business incubation has jump-started our economy in many cases. Now accelerators… Continue reading What is Wrong with Incubators and Why We Are Starting a New One?

We started iScripts.com in 2005, offering just a few software scripts to build online businesses. Early on, we weren’t exactly sure who would need our products but concluded that target customers would be webmasters managing several websites. Our software made the process easier for them by cutting down on time and effort needed to build… Continue reading The Crisis of Mid-Career Entrepreneurs

One day my wife, Priya, was browsing Facebook when she saw that her friend Pat recently purchased gluten-free baking mix from a Facebook store.  Priya quickly took note because she had been unsuccessfully searching for hypoallergenic baking mixes to make for our daughter.  She asked Pat about the mixes, and he had only good things… Continue reading What is Social Commerce and How to Capitalize it?

I am fortunate to work with many talented and energetic founders through Codeventures and iScripts. Most of them are well informed about the industry, product, and customers. But the basic starting up part seems challenging. One of the topics that keep coming is splitting the equity among the founders. Many companies with great potential die… Continue reading How to Split Equity Among Startup Cofounders?

Imagine that you are planning to start a new Startup. You have a fantastic startup idea to build. And you need to ensure your approach is unique and doesn’t exist. You start working on the concept. You are enthusiastic, and you are on to something.  One day your friend finds that your idea is the… Continue reading How to Proceed When Someone Else is Working on your Startup Idea?

Originally published by BuiltinChicago I have been a techie for most of my life and cofounded multiple startups with varying levels of success. I had conversations with a number of teams and individuals over the last year, for partnering to create something great. After meeting with quite a few early-stage startups and cofounders, I thought it… Continue reading How NOT to Find a Technical Cofounder?

Do you know How to protect your business idea? App development isn’t a one-person job. To make a quality product, you will need to work with partners. They can help to fund the project and startup guide it through all the steps between idea conception and market success. You will also need developers who can… Continue reading How to Protect Your Business Idea When Working with Developers and Partners?

Last few weeks I was working on a project. It is a seed funding company for Chicago startups. I am trying to bring a few Chicago Entrepreneurs together to launch this seed funding company for startup companies in the state. I was meeting a few folks about this for the last few weeks. So far… Continue reading A New Kind of Venture Capital