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You could find cheap products to buy at auctions and hire third party professionals to fix the product before you sell. This is often a fantastic opportunity if you are already a skilled roofer or carpenter who can offer sweatequity. This is however capital intensive and why a lot of aspiring entrepreneurs choose to stay away.
To do this, you will need to invest money in hiring programmers who can build and maintain the app. In the early stages of business, sweatequity can often be a good substitute for cash. Anand Srinivasan is the founder of LeadJoint.com , an online leadgeneration tool for digital marketing agencies.
Such positions include: PR, Sales, Product Development, LeadGeneration, Strategic Planning, Fund Raising, etc. At the early stages of your company’s life, you cannot rely on disinterested, hired guns to define your company’s key tasks. Equity should be saved for people who will deliver ongoing value to your venture.
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