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Start-ups are all Naked in the Mirror

Both Sides of the Table

I started my first company in 1999 in London at the height of the dot com craze. As the economy soured and people grew wary of buying Internet software (we were SaaS as early as 1999 – our buyers were certainly “early adopters&# ) and life grew more difficult. Join because you’ll make a good not great salary.

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What Angel Investing & Florida Condos Have in Common

Both Sides of the Table

The price of property has an inherent value tied to two factors: 1) the rental rate you could charge for your property and 2) annual salaries in a given geography. Most of these companies will not get big enough and earn enough profits to pay big enough salaries for teams. You’re stuck in the past.&#.

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My Commencement Speech?—?Life at Your Crossroads

Both Sides of the Table

It was 1999 and I had valuable Internet skills. I cut my salary in half and started my own company. I found a firm that was interested but they told me they hadn’t raised enough money yet to pay me a full salary. Pay me half salary and if we raise a fund together you can pay me back.” Be politely persistent.

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My 2020 Vision for Graduates: How to be Optimistic in Terrible Times

Reid Hoffman

At the same time, I was beginning to realize that the Internet was fundamentally different from closed, proprietary online services like CompuServe or eWorld. Because of the Internet — and especially because of the World Wide Web — things were starting to move very quickly in Silicon Valley in 1995. Trust your allies too.

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52 Entrepreneurs Explain Why They Started Their Business

Hearpreneur

Something similar happened during a salary negotiation seminar years later. After creating many successful start-ups- from internet fashion companies to home market businesses- I spent several years researching a category that intrigued me from a health-standpoint. My oldest son, Coby Joshua, was born with Down syndrome in 1999.

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28 Entrepreneurs Discuss Why they Started Their Businesses

Hearpreneur

In January of 1999, I co-founded a marketing agency with a former boss. I was searching the internet for hours hoping to find the perfect gift to commemorate a special date in the life of my fiancé, Steve. For creatives, it is a global stage for creativity where title and experience don’t matter. 3 – I was Fired Twice.

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The Long-Term Value of Loyalty

Both Sides of the Table

That is when no customers wanted to work with Internet startups because we as an industry had burned so many customers. I was paid less in salary in 2004 than I was paid at the job I quit in 1999 (a job I had held 8+ years). No employees wanted to join startups – they were all looking for stable jobs.