Startup Professionals Musings

SEPTEMBER 10, 2018

I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a co-founder or two. Giving a co-founder a salary won’t get you the “fire in the belly” you want. Each co-founder should get equity for value, based on these key variables: Lived a key role in a previous startup.

Equity 238

Equity Cofounder Technical Cofounder Intellectual Property 238

Startup Professionals Musings

JANUARY 8, 2023

This alternative has been around for several decades, with the generally accepted advantage of reducing costs. Saving cost won’t help you if you can’t make the daily innovations required to stay competitive. Results on commodities, including mature software maintenance, adapt well to low-cost contracting.

Software Review 285

Software Review Technical Review Due Diligence Intellectual Property 285

ReadWriteStart

NOVEMBER 20, 2023

Review Your Software Subscriptions “Reviewing your software subscriptions can be a quick way to reduce costs. ” — Phil Norton, Founder of Leave Dates In today’s digital age, software subscriptions have become integral to business operations. ” — Carl Jenson, Founder of Compare Bank.

Software Review 138

Software Review Technical Review Retention Cost 138

Startup Professionals Musings

APRIL 13, 2020

This alternative has been around for several decades, with the generally accepted advantage of reducing costs. Saving cost won’t help you if you can’t make the daily innovations required to stay competitive. Results on commodities, including mature software maintenance, adapt well to low-cost contracting.

Intellectual Property 306

Intellectual Property Non-disclosure Agreement Software Review Technical Review 306

View from Seed

APRIL 14, 2020

VCs are always founder focused no matter the market environment. But in a FOMO world, more investors are willing to take a chance on a founder that they don’t know, but seems to match some of the heuristics of other high quality founders. This gets really challenging if it remains difficult to meet in person or to travel.

Early Stage 374

Early Stage Software Review Technical Review Due Diligence 374

Startup Professionals Musings

FEBRUARY 8, 2021

Especially if you are a first-time business owner, the payback for this initiative is well worth the effort and cost. Unfortunately, I see too many new entrepreneurs who let their passion for a new idea or invention blind them to the stark realities of customer need, opportunity size, or pricing and cost implications.

Advisory Board 356

Advisory Board Bandwidth Cofounder Technical Review 356

ReadWriteStart

JULY 5, 2023

Recently, the medical diagnostics company Neko Health, which was co-founded by Daniel Ek, CEO of Spotify, was successful in acquiring €60 million ($65.4 Neko Health will be able to revolutionize the healthcare industry and expand its operations beyond the borders of its home country of Sweden as a result of the funding received.

Sweden 126

Sweden Artificial Inteligence Cofounder Technical Review 126

The Startup Magazine

MARCH 7, 2024

Guest Author: Danish Ahmed, Founder of startuptools.ai. Companies are turning to AI to streamline their operations, notably in areas like customer service, cybersecurity, and fraud prevention. Furthermore, AI facilitates more accurate financial planning by estimating revenues, minimizing costs , and increasing profitability.

Artificial Inteligence 117

Artificial Inteligence Entrepreneur Algorithm Cofounder 117

Up and Running

JULY 28, 2022

Not only do these requirements ensure that businesses operate within the law but it also protects small business owners and their consumers. . A small business is an independently owned and operated entity that engages in commercial activity and fulfills the set industry-specific size standards. What legally defines a small business?

Small Business 167

Small Business Intellectual Property Cofounder Software Review 167

YoungUpstarts

MAY 31, 2018

by Penny Garbus, co-author of ‘ Mining New Gold — Managing Your Business Data “ Every day, businesses across the country hum along efficiently, their operations supported by enormous reams of data that most employees – and bosses – take for granted. Penny Garbus, co-founder of Soaring Eagle Consulting Inc. ,

Cost 140

Cost Security Cofounder Matching 140

Startup Professionals Musings

AUGUST 24, 2016

I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a co-founder or two. Giving a co-founder a salary won’t get you the “fire in the belly” you want. Each co-founder should get equity for value, based on these key variables: Lived a key role in a previous startup.

Equity 120

Equity Cofounder Technical Cofounder Intellectual Property 120

YoungUpstarts

DECEMBER 29, 2020

by Hema Crockett and Jamie Jacobs, co-founders of Gig Talent . Cost Savings. Whether you’re working for a large corporation or a small startup, operational costs will always exist. Since the transition out of the office we have seen significant cost savings in multiple areas.

Technical Review 275

Technical Review Cofounder Leadership Employee 275

YoungUpstarts

AUGUST 31, 2020

by Roland Polzin , MBA and Co-founder of Wing AI. In addition, not everyone has the privilege of having a real personal assistant due to high costs. There are countless VA services out there that offer outsourcing opportunities for almost any type of work and sometimes at a fraction of the cost of an employee.

Artificial Inteligence 214

Artificial Inteligence Mali Management Technical Review 214

Startup Professionals Musings

JULY 16, 2017

Very few entrepreneurs have the range of skills and experience to be the solution creator as well as business creator, or operational as well as sales leader. The challenge is to recognize and recruit that ideal partner match early with minimal cost and risk. Operate with a comparable level of integrity.

Partner 140

Partner Software Review CTO Hire Cofounder 140

YoungUpstarts

JANUARY 11, 2021

by Swapnil Shinde, Co-Founder and CEO of Zeni. Most businesses use spreadsheet software like Microsoft Excel to track their revenue and expenses when they first start operating, but this system requires a lot of manual data entry, so it can be time-consuming and easy to make mistakes.

Small Business 208

Small Business Startup Cofounder Vertical 208

YoungUpstarts

OCTOBER 13, 2020

by Simone Semprini, CEO & Co-Founder, TourScanner. It is no secret that transportation is a sector that generates pollution and CO 2 emissions. The global lockdown, due to the pandemic, has forced companies to digitize their operations. It was a surreal situation with over one billion people confined at home.

Technical Review 278

Technical Review United States China Cofounder 278

Women Entrepreneurs Can

AUGUST 3, 2020

Leveraging technology within your business model can lay down the path for improved productivity, smoother operation, and increased profits. Here are some of the many ways technology can help streamline your business operations…. This will completely change the way business operations are carried out within the organization.

Technical Review 52

Technical Review Operations Artificial Inteligence Technology 52

YoungUpstarts

JULY 31, 2019

by Anish Sebastian and Juan Pablo Segura, co-founders of Babyscripts. Founders need seed capital to get their operations up and running, and to begin generating revenue. They need to comply with laws, create back-end processes, and build prototypes — all of which cost money.

Cofounder 127

Cofounder Burn Rate Technical Cofounder Seed Capital 127

The Startup Magazine

FEBRUARY 21, 2024

Arif Bhalwani is the co-founder and CEO of Third Eye Capital (TEC) in Toronto, Canada. We engage intimately with businesses and their assets, understanding their operations, aspirations, and the hurdles they face. Simultaneously, we conducted a thorough operational review to identify inefficiencies and areas for cost reduction.

Technical Review 131

Technical Review Due Diligence Bankruptcy Intellectual Property 131

Startup Professionals Musings

DECEMBER 12, 2013

Most entrepreneurs who start a company alone soon come to the conclusion that two heads are better than one – someone to share the workload, the hard decisions, and the costs. In a moment of crisis, you may be tempted to take on the first person expressing interest as a co-founder. We both have the same vision.” Marty Zwilling.

Cofounder 240

Cofounder Founder Sweat Equity Startup 240

The Next Web

DECEMBER 2, 2013

Here are their breakdowns of the costs and time investments to create 10 of the world’s hottest startups. This means — assuming you already have a laptop — the cost is almost nothing to build the next Twitter. 1) Twitter. But a good developer could make it quicker.”. 3) Facebook. Others would say one million or a much bigger number.

Cost 168

Cost San Francisco New York City Ruby 168

David Teten

JANUARY 19, 2021

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. From RBI, Flexible VCs borrow the ability to reap meaningful returns without demanding founders build for an exit. By tying payments to actual revenues, founders and investors remain aligned around the company’s real-time performance, good or bad.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

The Startup Magazine

FEBRUARY 11, 2022

According to Mark Hauser, the rising costs of healthcare and growth of the aging patient demographic in the region made the company well-positioned for growth within the market, and in researching the company he found that it had a very favorable reputation and was in line with Hauser Private Equity’s mission to invest in stable, quality companies.

Private Equity 127

Private Equity Equity Technical Review Software Review 127

Startup Professionals Musings

NOVEMBER 8, 2012

Most entrepreneurs who start a company alone soon come to the conclusion that two heads are better than one – someone to share the workload, the hard decisions, and the costs. In a moment of crisis, you may be tempted to take on the first person expressing interest as a co-founder. We both have the same vision.”

Cofounder 244

Cofounder Founder Sweat Equity Partner 244

This is going to be BIG.

JANUARY 18, 2024

Still, there are a lot of downsides to taking venture money—the push to grow at all costs, our desire to be all up in your business, literally, and sometimes, we’re kind of obnoxious. Some of these folks are founders and CEOs, but not at high-growth tech startups. It will save everyone a lot of cost and time.

.Net 88

.Net Cap Table Startup Technical Review 88

Startup Professionals Musings

AUGUST 8, 2014

This alternative has been around for several decades, with the generally accepted advantage of reducing costs. Saving cost wont help you if you cant make the daily innovations required to stay competitive. Results on commodities, including mature software maintenance, adapt well to low-cost contracting.

Intellectual Property 238

Intellectual Property Non-disclosure Agreement Software Review Offshore 238

Steve Blank

APRIL 23, 2018

That year, as management tried to coordinate all the operating details across all the divisions, the company almost went bankrupt when poor planning led to excess inventory, with unsold cars piling up at dealers and the company running out of cash. Ford’s Model T cost just $260 ($3,700 in today’s dollars) and Ford held 60% of the U.S.

Michigan 268

Michigan Cofounder Stock Forecast 268

Startup Professionals Musings

DECEMBER 24, 2018

Based on my experience, creating a new business is at least as difficult as creating an innovative solution, and it takes a knowledge of finance, operations, customers and the marketplace. Plan to and assemble the right team, including co-founders. Building and running a business is not a solo operation.

Angel Investor 249

Angel Investor Cofounder Finance Operations 249

Startup Professionals Musings

JANUARY 14, 2022

Most entrepreneurs who start a company alone soon come to the conclusion that two heads are better than one – someone to share the workload, the hard decisions, costs, and tasks you don’t like. In a moment of crisis, you may be tempted to take on the first person expressing interest as a co-founder. It usually doesn’t work.

Partner 351

Partner Cofounder Sweat Equity Startup 351

Both Sides of the Table

AUGUST 14, 2017

I read commentary or Twitter or blogs and realize that there are also strongly held convictions that there are these evil VCs who do terrible things to mostly altruistic founders. But unlike the popular press reporting of this conflict — 80% of the time it is founder-to-founder conflict and not investor-to-founder conflict.

Cofounder 217

Cofounder Stock Options Equity Technical Review 217

View from Seed

MARCH 1, 2016

As an adult, I know the world operates on story first and logic second. Tiny Speck decided to sunset Glitch and began winding down its operations. I find it intriguing that species not only evolve against their environment, but their environment co-evolves simultaneously against them. A nice account of Stuart’s story is here.

Founder 120

Founder Technical Review Cofounder Non-Compete 120

YoungUpstarts

FEBRUARY 12, 2017

by Andriy Skoropad, co-founder & CEO at Perfectial. FinTech businesses can be startups that offer traditional financial operations at a cheaper cost or in a more convenient manner, established financial firms keen to apply innovations or just tech companies that provide their own payment tools.

Ruby 210

Ruby Cofounder Finance Campaign 210

YoungUpstarts

MAY 27, 2019

by Christopher Grey, co-founder and COO of CapLinked. Implementation is different to theory and ideas, so you need to be able to bring operational performance and many other skills to the table. Inexperienced founders often overestimate their own importance and don’t appreciate the importance of the team they build around them.

Cofounder 170

Cofounder Private Equity Software Review Equity 170

View from Seed

APRIL 21, 2015

On the heels of our research on HBS entrepreneurs , NextView’s Dimitri Dadiomov (HBS ’15) interviewed several top founders on the early stages of their companies. Matt Prince , Co-Founder and CEO, CloudFlare (Web performance and security to protect and accelerate websites; $72.1

Founder 120

Founder Las Vegas Entrepreneur Cofounder 120

YoungUpstarts

JANUARY 7, 2018

by Humberto Farias, CEO and co-founder at Concepta. The problem, is historically, the investment in time and resources required for traditional digital solutions can feel out of reach, and the type of programs used by corporations aren’t practical for SMBs for daily operations like reporting, inventory, or accounting.

Artificial Inteligence 164

Artificial Inteligence Analytics SCRUM Cofounder 164

View from Seed

SEPTEMBER 18, 2019

Depending on the composition of the founding team, you might or might not have near-term holes in certain functions at the exec level – e.g. you’ll most likely need to bring on a CTO/VP of Engineering shortly after the seed round if you don’t have a technical co-founder. The “product roadmap”.

Part-Time VPE 195

Part-Time VPE Seed Stage CTO Hire Forecast 195

Startup Professionals Musings

JULY 11, 2012

On the other hand, if it is maintenance and testing on non-core software, use the lowest cost solution. Cost factors. Companies in Asia and Eastern Europe can still provide direct cost reductions of up to 75%. The net may be less cost reduction than you thought. Creative or operational.

Intellectual Property 222

Intellectual Property Non-disclosure Agreement Non-Compete Vietnam 222