Both Sides of the Table

JULY 13, 2013

You know, the weird thing, Derek, and I should probably let you speak some time, but I was deeply technical when I went into Andersen consulting, and I got paid much less than engineers who graduated, because I had a degree in economics. They paid engineers $4,000 more entry-point. Engineering vs. non-engineering. [00:10:32]

Cofounder 337

Cofounder Technical Cofounder Startup San Diego 337

crowdSPRING Blog

JUNE 25, 2018

What is the average age of an entrepreneur when they start a business? What is the average salary of an entrepreneur? How often do new businesses fail? For an idea of where to start, take a look into any of the following: Business management. Business analytics. IT/Software Engineering/UX or UI Design.

Entrepreneur 83

Entrepreneur Chicago Cofounder United States 83

Up and Running

MAY 20, 2014

Since much of the start-up playbook is about learning as much as you can as quickly and cheaply as possible in order to reach some important milestone, many founders, investors, and engineers look at a $200k, two-year program as an inefficient means to an uncertain end.

Entrepreneur 88

Entrepreneur Advisory Board Silicon Valley New York 88

A Smart Bear: Startups and Marketing for Geeks

DECEMBER 21, 2009

In the last post I beat you to death about ditching your business plan but failed to provide an alternative. For example, I'm an engineer, so my first answer to "Why don't you have more customers?" Cartoon by Andertoons. Most little companies aren't honest about this, yet it's possibly the most important question you could ask.

Startup 315

Startup Revenue Cofounder Sales 315

YoungUpstarts

DECEMBER 3, 2019

Setting up a business is never easy, but you can improve your chances of success with careful planning, plenty of research, and commitment to work hard. Step 1: Create a strong business plan. A business plan is an essential tool for any entrepreneur looking to start their own company.

Limited Liability Company 136

Limited Liability Company LLC Hiring Software 136

crowdSPRING Blog

JUNE 25, 2018

What is the average age of an entrepreneur when they start a business? What is the average salary of an entrepreneur? How often do new businesses fail? For an idea of where to start, take a look into any of the following: Business management. Business analytics. IT/Software Engineering/UX or UI Design.

Entrepreneur 48

Entrepreneur Chicago Cofounder United States 48

rob.by

MARCH 8, 2012

He argued that software engineers don’t finish what they start, and that you’re better off paying a technical person than partnering with one. He picked engineers who were technically-driven but not entrepreneurially-driven. He picked engineers who weren’t comfortable taking risks as great as he wanted to take.

Technical Cofounder 42

Technical Cofounder Cofounder Software Engineering Fractional CTO 42

VC Cafe

SEPTEMBER 26, 2010

If they invested in a competitor, there’s a chance that you’re business plan will end up on the competitor’s lap. Business Plan. That said, it is important to talk to customers before you spend 6 months writing a plan. Don’t raise just to get a salary or because you need to pay for servers.

Elevator Pitch 102

Elevator Pitch Incubator Technical Review Startup 102

Startup Professionals Musings

JUNE 18, 2012

Establishing the legal structure for your business, registering trademarks, filing copyrights and patents, and drafting partnership agreements used to require extensive attorney fees and ongoing consultation. I now see and believe business plans that budget $1K for all this, versus a previous $20K or more. Facilities and staff.

Cost 255

Cost SEM Burn Rate Startup 255

Austin Startup

AUGUST 20, 2017

They’re looking to be paid properly in the context of the overall salary structure, including cash, benefits, and equity, and to be paid commensurate with performance. Your original business plan will probably go out the window when you land your first customer. One of my engineers once told me my favorite color was plaid.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

Hearpreneur

JANUARY 21, 2017

It was definitely a huge leap to leave the corporate world (and the salary and security that comes with it) and start a company. Architecture is the art, science and business of building and requires an extreme social awareness and understanding of social change as well as a strict attention to detail and design.

Entrepreneur 48

Entrepreneur Investment Bankers PR Social Media 48

Steve Blank

JULY 27, 2009

And I understood engineering since I interacted with them almost daily. And finally, I had a great working relationship with our engineers who designed the chips. I found that having a senior marketer responsible for business strategy surrounded by ex-engineers and domain experts makes one heck of a powerful marketing department.

Silicon Valley 120

Silicon Valley RSS Technical Review California 120

Startup Professionals Musings

FEBRUARY 15, 2011

Establishing the legal structure for your business, registering trademarks, filing copyrights and patents, and drafting partnership agreements used to require extensive attorney fees and ongoing consultation. I now see and believe business plans that budget $1K for all this, versus a previous $20K or more. Facilities and staff.

Entrepreneur 235

Entrepreneur Burn Rate SEM Social Network 235

Startup Professionals Musings

SEPTEMBER 14, 2015

Create a business plan online, but don’t wait for funding. Too many entrepreneurs still think plans are for investors, and investors are required to build a startup. You need a simple plan to set real milestones, and you don’t need investors. Both are wrong. Now you can do what you love to do at a cost you can afford.

Intellectual Property 120

Intellectual Property LLC Social Media China 120

Cracking the Code

JANUARY 22, 2009

For company with complex UI or usability issue, you might also want to add a small incentive to reward the sales of training module as this will impact churn, but this should be short term fix as your engineering team works hard to improve the product. Excellent article on the actual sales plan and associated incentives. at 11:17 AM.

Software Review 91

Software Review Clawback Sales .Net 91

Hunter Walker

JANUARY 15, 2016

Though I should point out was still doing client work for OneMatchFire until mid-2005 until the business could pay full salaries. From the middle to 2005 to early 2010 the business was break-even or better every quarter. Any companies that actually made it through your filter and you think are building something impressive?

Technical Review 48

Technical Review Startup Cofounder SMS 48

www.forentrepreneurs.com

FEBRUARY 2, 2010

However there is a lot of value in looking at these same metrics for all other businesses. In pure web businesses where the headcount doesn’t need to grow as customer acquisition scales, it is also very useful to look customer acquisition costs without the headcount costs.) Consider every possible way to minimize this.

Acquisition 103

Acquisition Cost Customer Entrepreneur 103

Gust

JUNE 10, 2012

Establishing the legal structure for your business, registering trademarks, filing copyrights and patents, and drafting partnership agreements used to require extensive attorney fees and ongoing consultation. I now see and believe business plans that budget $1K for all this, versus a previous $20K or more. Facilities and staff.

Cost 139

Cost Burn Rate SEM Startup 139

www.virtuosimedia.com

MARCH 8, 2012

Look at online advertising rates for your potential product keywords, industry publications ad rates, search engine optimization fees, and any other advertising avenues you’d like to pursue. Gather your market research, your business plan, and your prototype and make your presentation to potential CTOs. Salaries/Bonuses.

Technical Cofounder 41

Technical Cofounder Cofounder Technical Review NDA 41

Startup Professionals Musings

FEBRUARY 13, 2010

Establishing the legal structure for your business, registering trademarks, filing copyrights and patents, and drafting partnership agreements used to require extensive attorney fees and ongoing consultation. I now see and believe business plans that budget $1K for all this, versus a previous $20K or more. Facilities and staff.

SEM 125

SEM Burn Rate Social Network Angel Investor 125

www.drowningamerican.com

JUNE 22, 2012

The business plan was starting to look great and all the idea kinks were worked out. Opportunity & Compensation: We have done the heavy lifting in terms of the idea, how it will be implemented, and conveying this in a comprehensive and professional business plan. Skip to primary content. Skip to secondary content.

Sweat Equity 40

Sweat Equity Equity Hiring Technical Review 40

Reid Hoffman

JULY 27, 2021

In contrast, earning an MBA or working as a management consultant is less a final destination and more a way station on the way to a better future, usually with a vigorous salary. (As But what I wasn’t doing was trying to earn a credential or boost my salary. Going to business school is one of the worst places to accomplish this.

Silicon Valley 69

Silicon Valley Venture Capital Balance Sheet Cofounder 69

Reid Hoffman

JULY 27, 2021

In contrast, earning an MBA or working as a management consultant is less a final destination and more a way station on the way to a better future, usually with a vigorous salary. (As But what I wasn’t doing was trying to earn a credential or boost my salary. Going to business school is one of the worst places to accomplish this.

Silicon Valley 69

Silicon Valley Venture Capital Balance Sheet Networking 69

VC Cafe

JUNE 20, 2011

More and more incubators are popping up, students are participating in business plan competitions, and actively look to get involved with startups. The HackFwd model has a lot of potential here: give entrepreneurial engineer a year of salary to startup a company. But that is now changing. Conclusions.

Spain 108

Spain Silicon Valley Brazil Europe 108

www.mint.com

MARCH 9, 2010

Has anyone in the engineering team actually shipped a product? I worry about everything: money, sales, engineering, support, and recruiting. Lots of people join start-ups for equity, minimal (if any) salaries, in the hopes that their dedication and hard work will propel the company forward into something great.

Software Review 68

Software Review Startup Post-Money Valuation Technical Review 68

YoungUpstarts

AUGUST 19, 2016

Companies that commit to their teams succeed because they attract hard-to-recruit talent like Brianna Crab , a data engineer at Capital One. Crab says she was swayed by the company’s culture of continuous learning — not the perks or salary — proving that employee development hones the sharpest competitive edge companies can buy.

Startup 100

Startup Burn Rate Cofounder Salary 100

crowdSPRING Blog

FEBRUARY 11, 2019

Navigating the transition between a salaried employee and running your own consulting business can be tricky. People often ask: How do I get clients for my consulting business? Can I start a consulting business while working full time? First, you will need to choose the legal structure for your new consulting business.

Small Business Administration 86

Small Business Administration Small Business Social Media Elevator Pitch 86

David Teten

JANUARY 21, 2021

Jonathan Bragdon , CEO, describes Capacity as “a team of founders-turned-funders making non-dilutive, founder-aligned investments of $50-$300k in post-startup, post-revenue businesses planning to 2X revenues in 12-24 months. We determine a salary cap with the founder based on a software engineer in the closest major city.

Equity 78

Equity Revenue Cofounder Colorado 78

Austin Startup

AUGUST 16, 2017

Before she quit to try her hand at entrepreneurship, Ashley was pulling in a six-figure salary. She owned a house (well, a mortgage), plus she had a spouse making a similarly high salary as a senior engineer. What is the red line that they will not cross for the sake of one more chance at entrepreneurial success?

Entrepreneur 54

Entrepreneur Cofounder Salary Bankruptcy 54

The Next Web

OCTOBER 10, 2013

He started his first business at age 15 and ran it until he went off to college at UC Berkeley. When Gleb was in business school at Berkeley he founded NetRelevance – his professors liked his business plan so much that they used it in the Haas School of Business as a teaching tool. The last is a designer.

Cofounder 143

Cofounder Technical Cofounder Kenya Dilution 143

ReadWriteStart

SEPTEMBER 30, 2010

To replace them, employers spend $11,500 average per healthcare employee acquisition cost (20% of the annualized salary plus hiring incentives is considered customary for acquisition cost). She has founded three companies, writes a business blog, Sramana Mitra on Strategy , and runs the 1M/1M initiative.

India 115

India Silicon Valley Bootstrapping Incubator 115

Up and Running

AUGUST 12, 2015

Recently, Palo Alto Software CEO Sabrina Parsons hosted a webinar for our Bcast members on how to use LivePlan to create a better business plan, pitch your idea to investors, and track your business. As a successful small business owner, Sabrina wanted to show off how LivePlan’s many features can help boost your business.

Forecast 60

Forecast Video Business Plan United States 60

viniciusvacanti.com

SEPTEMBER 7, 2010

It’s actually pretty hard to find a good start-up job if you have no real engineering or user acquisition / product management skills. My company and product involve HW/SW/RF/embedded system integration, and I am NO kind of engineer. Presenting something of a front end and detailed business plan/mind map just isn't enough.I'm

Cofounder 43

Cofounder Technical Cofounder Founder Ruby 43

Up and Running

AUGUST 21, 2014

If you’re in a really crowded area, let’s pretend one of you is selling flowers and competing in the online flower market, it’s going to be really hard to rank in search engines. One of the reasons you want to track all of this is it does help uncover where you may have problems in your business. Again, data is great.

Metrics 84

Metrics Startup Churn Rate Forecast 84

Hearpreneur

OCTOBER 30, 2015

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. Worse, the publisher had no plans to publish the novels as mass market paperbacks. Thanks to Pascal Culverhouse, The Electric Tobacconist Ltd. #8 8 – I Saw the Struggles of My Father.

Entrepreneur 48

Entrepreneur Australia Software Review LLC 48

Steve Blank

OCTOBER 24, 2017

A CEO brought in from a large company came with all the big company accoutrements – org charts, HR departments with formal processes and procedure handbooks, formal waterfall engineering methodology, sales compensation plans, etc. — all great things when you are executing and scaling a known business model.

Founder 245

Founder Technical Review CTO Hire IPO 245

YoungUpstarts

JULY 27, 2020

Many Man and Van companies in the UK are small businesses. If you have a lot of free time on your hands, you can look into creating your own Man and Van business to supplement your salary. Angles, Plans And Budget Schemes. Focus on key issues and create solutions and back-up plans. . Plan Your Services.

Social Media 130

Social Media Advertising Business Plan Media 130