Remove Cofounder Remove Customer Remove Entrepreneur Remove Technical Cofounder
article thumbnail

5 Equity Distribution Parameters For Key Contributors

Startup Professionals Musings

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

article thumbnail

8 Tactics For Every Entrepreneur To Manage Technology

Startup Professionals Musings

Technology is so key to every business these days that experienced business-smart but non-tech entrepreneurs are feeling deeper and deeper in the hole. Even if they realize that they need real technical strength at the top, they are not sure how to attract and select the talent and expertise they really need.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Keys To Negotiating Your Fair Share Of Any Startup

Startup Professionals Musings

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. You need to find the skills or experience you don’t have in business, technology, or money.

Cofounder 435
article thumbnail

How Much Founder Stock Should You Offer Co-Founders?

Startup Professionals Musings

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.

Cofounder 261
article thumbnail

How to find the right cofounder

NZ Entrepreneur

Wondering how to find the right cofounder but don’t know where to start? If you are a solo founder, you may be able to do it all on your own initially but you’re making it very difficult for yourself. In my opinion, founders or early stage companies should only have a team of two or three people. This will never work.

article thumbnail

Is a Venture Studio Right for You?

Steve Blank

Most are founded and run by experienced entrepreneurs that have previously built companies and who understand the difference between theory and practice. But these look for founders who have a technical or business model insight and a team. But these look for founders who have a technical or business model insight and a team.

article thumbnail

7 Ways To Elevate Your Team Connection And Leadership

Startup Professionals Musings

Entrepreneurs need to be effective team leaders, since no one can transform an idea into a product and a business without some help. Unfortunately many founders I work with as a mentor are experts on the technical side, but have no insight into leading a team. Otherwise, in my experience, the startup will fail.