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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.

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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. Investors may not be called co-founders, but they always get equity, commensurate with their share of the total costs anticipated, or share of the current valuation. Amount of venture funding provided.

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7 Likely Criticisms Every Founder Needs To Anticipate

Startup Professionals Musings

In my role as an advisor to entrepreneurs, I often find founders who have such conviction and passion for their new idea, that they can’t believe anyone could challenge it. The best entrepreneurs and business professionals learn to anticipate these push-backs before they happen, and respond calmly and effectively.

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How to find the right cofounder

NZ Entrepreneur

Wondering how to find the right cofounder but don’t know where to start? Finding a technical cofounder. It’s a common issue – you have an idea that will require some technical know-how (eg coding, engineering, science) but don’t have those skills yourself. Finding a non-technical cofounder.

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6 Hiring Principles To Grow The Best New Venture Team

Startup Professionals Musings

In my role as a business advisor, I see successful businesses most often emerging from great teams rather than great products. Of course, it’s no surprise that most entrepreneurs don’t have a background in hiring teams, and don’t have a budget for training or human resource consultants. It’s a small cost to prevent a long-term loss.

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5 Criteria For Splitting Equity In Your New Venture

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. Investors may not be called co-founders, but they always get equity, commensurate with their share of the total costs anticipated, or share of the current valuation. Amount of venture funding provided.

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7 Negative Reactions To New Ideas And How To Prevail

Startup Professionals Musings

In my role as an advisor to entrepreneurs, I often find founders who have such conviction and passion for their new idea, that they can’t believe anyone could challenge it. The best entrepreneurs and business professionals learn to anticipate these push-backs before they happen, and respond calmly and effectively.