Startup Professionals Musings

JUNE 18, 2012

That’s a burn rate of at least $10K per month that can be eliminated if you are handy with computers and Quickbooks. As a rule of thumb, you should double every employee’s salary in estimating employee costs, so less is more. No office space rental, no secretary, and no accountant are required. Technology costs.

Cost 255

Cost Burn Rate SEM Startup 255

Startup Professionals Musings

FEBRUARY 15, 2011

That’s a burn rate of at least $10K per month that can be eliminated if you are handy with computers and Quickbooks. As a rule of thumb, you should double every employee’s salary in estimating employee costs, so less is more. No office space rental, no secretary, and no accountant are required. Technology costs.

Entrepreneur 235

Entrepreneur Burn Rate SEM Social Network 235

Gust

JUNE 10, 2012

That’s a burn rate of at least $10K per month that can be eliminated if you are handy with computers and Quickbooks. As a rule of thumb, you should double every employee’s salary in estimating employee costs, so less is more. No office space rental, no secretary, and no accountant are required. Technology costs.

Cost 139

Cost Burn Rate SEM Startup 139

Startup Professionals Musings

FEBRUARY 13, 2010

That’s a burn rate of at least $10K per month that can be eliminated if you are handy with computers and Quickbooks. As a rule of thumb, you should double every employee’s salary in estimating employee costs, so less is more. No office space rental, no secretary, and no accountant are required. Technology costs.

Burn Rate 125

Burn Rate SEM Social Network Angel Investor 125

BeyondVC

JULY 6, 2006

Typical salaries range from $150-200k plus performance equaling a total package of $300 to $350k. The burn rate added to your company almost doubles overnight with these heavyweight sales guys with no leads to go after and no mature product to sell. Hiring a VP of Sales too early can cost you dearly.

Hiring 79

Hiring Sales Burn Rate Vertical 79