Business Plan Blog

NOVEMBER 15, 2013

Milestones That Friends, Family, and Founders Care About Before Investing. As a startup with zero to very low revenue, your friends, family, and cofounders do not expect you to have achieved very many major milestones. Investors at any stage like to see that you have committed personal funds in addition to sweat equity.

Sweat Equity 71

Sweat Equity Founder Cofounder Valuation 71

The Equity Kicker

SEPTEMBER 2, 2015

– The company also needs the hustle to get stuff done and find the first few customers. – Don’t compromise on quality for co-founders and other permanent decisions. And that includes the choice of co-founder. Yet founders want to move fast and there is an inevitable tension between speed and quality.

Sweat Equity 60

Sweat Equity Cofounder Angel Investor eCommerce 60

grasshopperherder.com

FEBRUARY 19, 2011

Q: “What will be your best channel for customer acquisition?&# How many customers have you spoken to? If you’re waiting for a technical co-founder to put up a landing page with signup form, you’re lazy. I just need a co-founder to web enable it!" Names redacted.)

Cofounder 47

Cofounder NDA Founder Sweat Equity 47

Up and Running

DECEMBER 23, 2019

Sweat Equity. “I Your first proof of concept can be done without a technical co-founder or a lot of money. Rather than wasting energy chasing alternative sources of funding, start selling your product to customers and slowly grow your company using generated revenue. Inexpensive Freelance Labor.

Finance 92

Finance Sweat Equity Bootstrapping Entrepreneur 92

ConversionXL

NOVEMBER 6, 2019

Then we ship it to customers way before it’s ready. Mike Arsenault and his two co-founders—all with technical backgrounds—built their MVP while working full time for other SaaS companies. “We We didn’t spend any real cash prior to getting our first paying customer,” recounts Arsenault. “I’ll Qualified.io

Sweat Equity 78

Sweat Equity Software Review Vesting Cofounder 78

infochachkie.com

SEPTEMBER 24, 2011

Tracking such revenue can be a challenge but is possible to approximate the revenue impact of PR activities via the use of unique URLs, customer surveys, etc. Any function within your startup that involves iterative learning, passion and/or close proximity to your customers should not be outsourced. Passion Cannot be Outsourced.

Equity 40

Equity Silicon Valley Cofounder PR 40

ConversionXL

NOVEMBER 6, 2019

Then we ship it to customers way before it’s ready. Mike Arsenault and his two co-founders—all with technical backgrounds—built their MVP while working full time for other SaaS companies. “We We didn’t spend any real cash prior to getting our first paying customer,” recounts Arsenault. “I’ll Qualified.io

Sweat Equity 50

Sweat Equity Software Review Vesting Cofounder 50

www.chubbybrain.com

SEPTEMBER 28, 2011

After a thorough analysis of those 32 start-up post-mortems, we have determined the common reasons founders gave to compile this list of the top 20 ways to have your startup fail. By way of crude example, if your building innovative trading software for Wall Street, be where you customers are and where you can best network.

Cofounder 89

Cofounder Startup Technical Cofounder CTO Hire 89

grasshopperherder.com

SEPTEMBER 24, 2011

Piercing the Corporate Veil – Sweat Equity Consulting. « Thanks but No Thanks – Things to Avoid When Recruiting Co-founders Why is Cyber Squatter a Bad Word? But much like becoming a co-founder, getting paid sweat equity is essentially becoming an investor in the company.

Sweat Equity 41

Sweat Equity Equity Cofounder Non-Compete 41

Duct Tape Marketing

APRIL 24, 2019

She is the co-founder and CEO of the Grommet and author of How We Make Stuff Now. Really doing everything you can to shape and quantify the potential customers for your product and getting beyond talking to your friends and family who will all tell you your product’s a great idea. So Jules, thanks for joining me.

Product 60

Product Sweat Equity Naming SEO 60

www.chubbybrain.com

SEPTEMBER 28, 2011

When a co-founder walks out of a company — as was the case for me — you’ve already been dealt a heavy blow. Don’t exacerbate the issue by needing to figure out how to deal with a large equity deadweight on your hands (investors won’t like that the #2 stakeholder is absent, even estranged, from your company). Company : BricaBox.

Software Review 79

Software Review Startup Technical Review Vesting 79

Women Entrepreneurs Can

MAY 9, 2019

As you acquire customers and your customer base grows, once you start to make a profit it’s only natural to start thinking about the next step forward. Funding has only become more difficult to pursue and isn’t always a viable option for early-on founders to pursue. This isn’t a decision that should be taken lightly.

Programming 40

Programming Sweat Equity Startup Private Equity 40

sivers.org

JUNE 25, 2010

Also important: Only go for providers who have great reviews from many past customers. Programmers, and certainly not the visionary founders, are the most qualified for that task. #6 Dont make cheap skate equity offers, with programmer getting equity share of first employee and salary of founder(nothing or next to nothing).

CTO Hire 84

CTO Hire Hiring Software Review Technical Review 84