Startup Q&A with Matthew Paulson

Startup Q&A with Matthew Paulson is a weekly program that answers listener questions about startups, entrepreneurship and achieving financial freedom.
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Startup Q&A with Matthew Paulson


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Now displaying: December, 2016
Dec 26, 2016

Growth Hack of the Week: Export your contact list from LinkedIn

Resource of The Week: The Publisher Lab Podcast

This Week's Questions

  • "If you have a decent profit and you want to reinvest it in your company, how do you decide what to spend it on?" - Anthony Fasano
  • "When should someone consider taking some money home from their business to enjoy or just to live on?" - Jordan Dekker
  • "What are some good steps to follow when looking for an attorney or an accountant?" - Lisa Groon
  • "I have a modest equity stake in a startup. How can I find another investor to buy my share?" - Anonymous
  • "How do you hire great talent? How do you vet people, find people, and how do you let go of control?" - Kevin Gilbertson
Dec 19, 2016

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 with angel investing, what do you recommend to someone that might want to get into angel investing, and what mistakes have you had or seen from others that the rest of us can learn from?" - Kevin Gilbertson
Dec 12, 2016

This week's questions:

"How do you build a high-margin business that relies heavily on automation?" (from Alan Park)
"How do you feel about investing in commercial real-estate?" (from Tyler Stunes)
"How do I find a mentor and what can I expect from a mentor-mentee relationship?) (from Joshua Sopko)
"How do you create good content without writing it all yourself?" (From Kevin Gilbertson)
"Is there ever a time I should go into debt for my business?" (From Adam Huber)

Growth Hack of the Week: Use Web Push Notifications on Your Website
Resource of the Week: The Automatic Customer by John Warrilow

(Note: I changed the name of this thing. The first episode was called "Business Q&A". Now it's Startup Q&A.)

Dec 6, 2016

The questions:

#1 – How do I tackle a big idea that I lack the skills to accomplish?
“I have this great idea, but lack the immediate skills to accomplish it. Do I find partners or other companies to help me develop and grow it, or do I spend the time to learn the skills and develop it myself? It would deal with app development (yes, yes, cliche…), so it would be at least learning a new language I’d imagine. Then there would be a portion of it that would deal with handling payments of money between two people through the service (so laws and regulations to take into consideration there).” from Andrew Cedergren

#2 – What is your best lead generation source?
“What is your best lead generation source? You mentioned that Adwords is not working as well anymore, what are you doing to get around this?” from Hilawe Semunegus

#3 – How can I hire someone when I don’t need a full-time employee?
“I’m at a point in my business where I need additional help, but I don’t have enough work to keep them busy for 40 hours a week. It’s been a challenge for me to find someone with the skills I need who also wants to work part-time. How do you handle this in-between position?” from Jason Cannon

#4 – I’ve been a part-time consultant for years. How do I go full-time?
“I have been a part-time computer consultant during my entire career. what is the best footprint/process to go full-time as a consultant?” from Greg Kludt

#5 – What are your thoughts on the stock market in 2017?
“What are your thoughts on the upcoming stock market year? I hear both sides saying it’s going to go up others say the market is poised to drip up to 70% of its value. I understand it’s the future and it’s impossible to answer but I was curious of the opinion of someone I know that researches and knows more than me about the markets. If you see signs one way or the other. Also was interested in private money lending and what the implications were for me to a find a local private lender for say a real estate deal. Or B be a private money lender to others if I have money save. How do I go about doing it to comply with the IRS?” from Pete Krentz