Startup Professionals Musings

DECEMBER 25, 2022

Create a market you can’t supply and support. I always recommend that a startup create an advisory board of two or three outside experts, who have connections to even more resources. As a bleeding-edge startup, you can be assured of product quality problems, missing business processes, and customer support issues.

Technical Review 250

Technical Review Advisory Board Due Diligence Silicon Valley 250

Steve Blank

OCTOBER 10, 2023

Most of her lessons were applicable to any government employee venturing out to the private sector. At the Agency , 85% of my time was spent navigating bureaucracy and equities, arguing for resources and permission for operations, and dealing with the bottom rung of employees, all while making decisions with little data or data overload.

Government 178

Government CTO Hire Technical Review Advisory Board 178

Startup Professionals Musings

MARCH 30, 2020

Create a market you can’t supply and support. I always recommend that a startup create an advisory board of two or three outside experts, who have connections to even more resources. As a bleeding-edge startup, you can be assured of product quality problems, missing business processes, and customer support issues.

Technical Review 314

Technical Review Advisory Board Due Diligence Silicon Valley 314

Steve Blank

SEPTEMBER 16, 2010

Advisory Board. At one of our initial board meetings we had agreed on the general principle of an advisory board and put together an overall stock budget to compensate advisors. Over the next week we exchanged emails over advisory board stock. He was having too much fun at Sun and turned me down.).

Advisory Board 263

Advisory Board Part-Time VPE CTO Hire Stock 263

Austin Startup

SEPTEMBER 19, 2017

For startup founders, it’s never too early to start thinking about putting together a target market advisory board. The target market advisory board should consist of 2–4 industry veterans who have connections to C-level execs and VPs in your target market.

Advisory Board 48

Advisory Board Sweat Equity Marketing Vertical 48

Both Sides of the Table

MAY 27, 2013

He has grown our US operations from 1 employee (him) to a global organization of 75 employees that will finish the year with 8-digit revenues (90+% recurring) and more than 350% year-over-year growth. I am on a board that does business with Yahoo! One key board member knows Marissa. Between Board Meetings.

Advisory Board 365

Advisory Board CTO Hire Fractional CTO Los Angeles 365

Startup Professionals Musings

NOVEMBER 1, 2014

They couldn’t possibly understand the new social media culture, new technologies, or have the determination to beat their younger counterparts in the market. Gallup says the Boomer demographic is the largest and still growing mainstream pool of experienced talent in the market today (76 million people strong).

Entrepreneur 266

Entrepreneur Advisory Board Dividend Angel Investor 266

www.instigatorblog.com

MARCH 2, 2010

Home About Contact My thoughts & lessons learned on startups, entrepreneurship, marketing and other stuff. The Importance of Advisory Boards for Startup CEOs Tweet When a startup receives financing it will need to setup a Board of Directors. The Board probably existed beforehand, but was made up only of the founders.

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Advisory Board Startup Cofounder Equity 40

Startup Professionals Musings

JULY 1, 2022

Plus you have to remember that these 200,000 shares could still be worth nothing in four years, depending on the “strike price” today, compared to the market price four years from now. CEO brought in to replace the founder, 5 - 10% CTO, CFO, VP of Marketing or Sales, 1.5 - 3% Chief Engineer or Architect, 1 - 1.5%

Stock Options 343

Stock Options Advisory Board Stock Startup 343

thinkspace.com

SEPTEMBER 7, 2012

Marketing Intern. How to Divide Equity to Startup Founders, Advisors, and Employees. The part that I’d like to zero in on is when you’ve got a high growth company what are some of the best practices out there to distribute equity to the founders, advisors, and employees? Equity for Employees. Board Member 1.

Equity 62

Equity Employee Founder CTO Hire 62

Up and Running

MAY 10, 2012

We actually consult with each client, and tend to become an extension of their marketing team or development office.” ” By August they had filed their incorporation paperwork and started marketing their new business. . ” By August they had filed their incorporation paperwork and started marketing their new business.

Small Business 142

Small Business Advisory Board Employee Entrepreneur 142

YoungUpstarts

JUNE 4, 2019

The first post drilled down into the often-overlooked notion of “market-engineering” and why it’s so critical. A well-developed product architecture helps a startup to achieve rapid market/product fit by successfully appealing to customers (users). What does this mean for their early stage investors? Revenue Architecture.

Framework 127

Framework Architecture Cleveland Early Stage 127

Startup Professionals Musings

MARCH 14, 2018

Create a market you can’t supply and support. I always recommend that a startup create an advisory board of two or three outside experts, who have connections to even more resources. As a bleeding-edge startup, you can be assured of product quality problems, missing business processes, and customer support issues.

Technical Review 158

Technical Review Advisory Board Due Diligence Silicon Valley 158

David Teten

MAY 7, 2019

Do you wish there was a product to help companies “Get things done” by leveraging your own employees, your employees’ networks, and more broadly other influencers around you? . Although we envision we initially use our technology for a political purpose, that’s only the test case and that alone is nearly a $20 billion market.

America 60

America Technical Review Advisory Board Due Diligence 60

YoungUpstarts

MAY 24, 2019

The first post drilled down into the often-overlooked notion of “market-engineering” and why it’s so critical. A well-developed product architecture helps a startup to achieve rapid market/product fit by successfully appealing to customers (users). What does this mean for their early stage investors? Revenue Architecture.

Framework 113

Framework Architecture Cleveland Early Stage 113

David Teten

JULY 10, 2019

Do you wish there was a product to help advocacy organizations and companies “Get things done” by leveraging their own employees, their employees’ networks, and more broadly other influencers around them? . If the answer is yes to any of these, keep reading. We assume we’ll be structured as a traditional Delaware C corporation.

America 60

America Technical Review Advisory Board Due Diligence 60

Startup Professionals Musings

MARCH 25, 2022

Even though many of these may seem intuitively obvious to most of you, I continue to see them overlooked by many, so I offer them for your consideration in staying a step ahead of the market and your competitors: Close the deal and cash the check before you spend it. Establish an advisory board of experienced peers.

Advisory Board 336

Advisory Board Due Diligence Demand Partner 336

Steve Blank

MAY 19, 2015

Startups focus on speed since they are burning cash every day as they search for product/market fit. Equally important their VP of Marketing had brilliantly executed a stream of social media campaigns (Facebook likes and partnerships, email campaigns, etc.) These shortcuts add up and become what is called technical debt.

Technical Review 120

Technical Review Salary Early Stage Software Review 120

BeyondVC

JANUARY 3, 2019

We are purpose-built to not only invest pre-product but also to help accelerate your path to product-market fit with our decades of entrepreneurial and investing experience along with our active CXO advisory board. will be a great fit with the Salesforce marketing cloud. First check to seed?—?congrats

Stealth 79

Stealth Advisory Board Cloud Virginia 79

Startup Professionals Musings

JUNE 10, 2020

This almost always starts at the top, based on a founder’s dream and passion, without the proper homework on sizing the market, or assessing product realities. Too many employees these days, and even executives, are focused only on doing what they have been told, without regard to impact on the business.

Advisory Board 283

Advisory Board Due Diligence Retention Agile 283

Jeff Hilimire

MAY 2, 2014

Several of those near-misses were the result of advice from our amazing advisory board – Bill , Ken , James , William , and Mike. ” Then as if they had rehearsed their responses, each of the advisory board members expressed their reasons why it would be a very bad idea for us to do this. Entrepreneurship'

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Advisory Board Atlanta Charlotte Florida 62

Startup Professionals Musings

MARCH 18, 2020

You need to maintain explicit C-suite and Board buy-in for constant transformation through effective communication, highlighting the struggles of peer businesses, and establishing the right metrics. Keeping priority on what matters for long-term success.

Agile 307

Agile Advisory Board Metrics Asia 307

Steve Blank

JULY 9, 2013

I had a group of ex-students out to the ranch who were puzzling over a dilemma – they’ve been working hard on their startup, were close at finding product/market fit and had been approached by Oren, a potential angel investor. I explained that as a non-public company there was no legal requirement for any investor to have a board seat.

Advisory Board 323

Advisory Board Venture Capital Angel Investor Limited Partner 323

Hearpreneur

DECEMBER 12, 2021

During the early days of my digital marketing business, my mentor offered counsel and functioned as my sounding board. 3- Helps employees develop skills. We practice career pathing in our company and mentorship helps ensure that our employees are on the right track to the next step in their path. 1- Offers counsel.

Entrepreneur 126

Entrepreneur Technical Review Advisory Board Leadership 126

Startup Professionals Musings

DECEMBER 11, 2010

“When I get funded,” the entrepreneur thinks, “I can build a prototype, hire a development team, go to market, scale more quickly, and beat my competition.” Many startups have an advisory board of sympathetic people with industry expertise, or people who enjoy mentoring, or people who donate a few services on the come.

Advisory Board 233

Advisory Board Cofounder Phoenix Arizona 233

Mike Michalowicz

MARCH 16, 2015

Matt dives into how time tracking protects employees and helps employers maximize their profitability. Matt Rissell is the co-founder and CEO of TSheets, an Eagle, Idaho-based technology firm that provides online, GPS-powered time tracking for companies with hourly employees. A time tracker protects both the employer and the employee.

Idaho 60

Idaho Advisory Board Cofounder United States 60

Hearpreneur

FEBRUARY 8, 2023

In addition to finding new clients at a chamber of commerce, you can also use it as a marketing opportunity. 15- Performance Marketing Association Photo Credit: Joe Sanfilippo One of my favorite organizations that supports my business is the Performance Marketing Association (PMA). These relationships are always useful. #15-

Community 96

Community Architecture Entrepreneur Networking 96

Hearpreneur

APRIL 12, 2019

Everything had potential, but as an employee, my power to act upon the opportunities I saw was limited. I started my Marketing company in the year 2017 and it has been a challenging during the growth phase, but what I enjoy most about it is learning and development. 6- Gaining success for your employees. Photo Credit: Bob Bentz.

Entrepreneur 128

Entrepreneur St. Louis Florida Colorado 128

Startup Professionals Musings

SEPTEMBER 25, 2019

Plus you have to remember that these 200,000 shares could still be worth nothing in four years, depending on the “strike price” today, compared to the market price four years from now. CEO brought in to replace the founder, 5 - 10% CTO, CFO, VP of Marketing or Sales, 1.5 - 3% Chief Engineer or Architect, 1 - 1.5%

Equity 237

Equity Stock Options Advisory Board Stock 237

Hearpreneur

SEPTEMBER 23, 2022

So, new employees who join the company may not know the principles and values you use to run the business and may take them for granted. I would say that while a significant amount of investor capital is invested in research and development and concept concepts, the market only accepts things that are effective.

Entrepreneur 97

Entrepreneur Advisory Board Green Networking 97

Steve Blank

JUNE 6, 2016

A thought leader in the area of big data analytics, social media, optimization, machine learning, and data mining, he also served as a Venture Advisor focusing on big-data analytics at Trident Capital , and was on the advisory board of several startups. . It included things like advertising, marketing analytics, cyber security.

Silicon Valley 120

Silicon Valley Entrepreneur Fractional CTO Analytics 120

crowdSPRING Blog

FEBRUARY 14, 2019

You should know that about two-thirds of businesses with employees survive 2 years and about half survive only five years. It’s important to evaluate existing businesses in the market niche of your choice. Market analysis. This looks at the target market for your product or service. Sales and marketing plan.

Angel Investor 85

Angel Investor Small Business Business Plan Intellectual Property 85

YoungUpstarts

OCTOBER 22, 2012

It must cross boundaries, working cooperatively with other divisions in your business such as sales, marketing, social media, PR, product development, and the like. These may include references, referrals, testimonials, serving on advisory boards, and participating in your customer communities, he explains.

Programming 145

Programming Customer Social Media Advisory Board 145

Up and Running

AUGUST 30, 2017

Projected enrollment growth and market demand can also be tricky to estimate. Write about the market and how you’re fulfilling demand. Do a focused market analysis. Next up is a market analysis. How big is your target market? Who is your target market ? What employee childcare discount will you offer?

Business Plan 93

Business Plan SBA Software Review Advisory Board 93

David Teten

NOVEMBER 17, 2011

It’s very powerful to have a model that you can email to everyone in the firm, because then everyone sees clearly that you’re communicating the exact same message to the whole team (including outside consultants and the advisory board, if any). In banking, a lot of my time was spent on modeling cash flows.

Employee 155

Employee IRR Startup Mexico 155

Berkonomics

NOVEMBER 23, 2023

Some rules about stock options and phantom stock: [Email readers, continue here…] The real insight here is that stock options or phantom stock are the tools of early-stage businesses used to attract great talent when there is not enough cash to pay market rates. In other words, you cannot create bargain options at below “market rates.”

Equity 62

Equity Stock Options Vesting Early Stage 62

ConversionXL

AUGUST 11, 2021

All companies that This Week in Startups’ audience of entrepreneurs, company founders, and marketers would be interested in. A well-thought-out strategy lays the foundations for your sponsorship efforts in the same way a marketing strategy guides your marketing campaigns. Market identification.

Audience 139

Audience Social Media Email Ruby 139