Startup Professionals Musings
MAY 14, 2023
Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month.
Startup Professionals Musings
AUGUST 19, 2020
Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month.
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Startup Professionals Musings
AUGUST 26, 2019
As an advisor to business owners, and an occasional angel investor, my job is to separate the actual challenges from the common misconceptions that distract many promising entrepreneurs while building the leadership team required for your solution, marketing, and finance success. You have to pay big salaries to get top-notch help.
The Startup Magazine
MARCH 10, 2018
Thus, as with many other expensive aspects of starting a business, many entrepreneurs like you are turning to software. Lawyers have existed for centuries, and they command high salaries due to the intricacy of their work — so is it really possible to replace them with a few lines of code? But most of them remain out of reach for now.
Startup Professionals Musings
SEPTEMBER 29, 2018
Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month.
Berkonomics
OCTOBER 5, 2023
Fixed overhead for salaries, rent, equipment leases and more make up the majority of the “burn rate” (monthly expenses) for most companies. In the technology sector where I most often play, extended unplanned software development cycles account for the majority of these corporate failures. We’ll get to my heartbreak in a minute.
Startup Professionals Musings
OCTOBER 5, 2014
Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month.
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