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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. Our software wasn’t fully baked. We had one of the largest US software companies talk about buying us. Join because you’ll make a good not great salary. We were unprepared. Our phones rang off the hook. We were hot.

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The Very First Startup Founder You Need to Invest in is You

Both Sides of the Table

We had raised a $2 million seed round, which meant taking almost no salary so we could afford to hire staff. Back then there was no “cloud” so we had to plow money into hardware, software licenses and web hosting. So even after raising a $16 million A-round I still paid myself a paltry salary.

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Create a Business Plan for Fewer Hassles and Faster Growth

Up and Running

There’s a famous scene in the cult-classic 1999 movie “ Office Space “ where the main character, Peter, is confronted by his boss, Bill. What literally haunts his dreams are not big things like salary or responsibilities or key projects. They make him feel like a useless cog in a wheel (in truth, he is).

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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. Starting my own business has given me a freedom I never had before and a control of my destiny that no salaried job could never offer. I started thinking about other types of businesses I could run, and I thought software was really appealing.

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The Long-Term Value of Loyalty

Both Sides of the Table

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). But in these years I learned how to sell software – necessity is the mother of all invention. But in our first year of sales (and those were really shitty years to be selling software) we sold $2.1

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

Reid Hoffman

And my dream was to create some kind of software product that could positively impact people’s lives at massive scale. I wasn’t exactly sure what this software would do yet. It’s not just a salary issue. It was 1999. If you were paying close attention to the rise of Facebook, Instagram, the same deal.

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5 Ways to Keep Your Small Business Growing

Up and Running

million in 1999, Zappos is now worth $1 billion. If I wanted to outsource back office operations to the Philippines, the cost would range from 7 to twelve dollars per hour, and this includes salaries, benefits, power, internet, rent, and contingencies. Here are a few options: Use available software programs.