Startup Professionals Musings

APRIL 10, 2019

Image via Pixabay 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. This would be a mistake, and could easily cost you your startup. I’ll put in the money, if you put in the sweat equity.”

Partner 177

Partner Sweat Equity Cofounder Equity 177

Startup Professionals Musings

APRIL 8, 2017

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. This would be a mistake, and could easily cost you your startup. I’ll put in the money, if you put in the sweat equity.” It usually doesn’t work.

Partner 149

Partner Cofounder Sweat Equity Startup 149

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. This would be a mistake, and could easily cost you your startup. I’ll put in the money, if you put in the sweat equity.” It usually doesn’t work.

Cofounder 240

Cofounder Founder Sweat Equity Startup 240

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. This would be a mistake, and could easily cost you your startup. I’ll put in the money, if you put in the sweat equity.” It usually doesn’t work.

Cofounder 244

Cofounder Founder Sweat Equity Partner 244

Startup Professionals Musings

AUGUST 13, 2012

Explain in terms your mother could understand, and quantify the “cost-of-pain” in dollars or time. Marketing, sales, and partners. Describe your market penetration strategy, sales channels, pricing, and strategic partnerships. Quantify existing skin-in-the-game, by insiders and outsiders, including sweat equity and capital.

Business Plan 283

Business Plan Sweat Equity Exit Strategy Intellectual Property 283

Startup Professionals Musings

FEBRUARY 13, 2016

The business model has to clearly define who is your customer, market penetration expected, how much customers pay versus total costs and the investment required to sustain cash flow. What are your specific marketing and sales plans? Quantify founder investments, both cash and sweat-equity.

Sweat Equity 120

Sweat Equity Advisory Board Liquidity Event Startup 120

Startup Professionals Musings

SEPTEMBER 3, 2011

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. This would be a mistake, and could easily cost you your startup. I’ll put in the money, if you put in the sweat equity.” It usually doesn’t work.

Cofounder 239

Cofounder Founder Sweat Equity Startup 239

Up and Running

DECEMBER 23, 2019

Sweat Equity. “I The Garage Sale Approach. The garage sale approach is a simple, fiscally safe and effective approach to bootstrapping a services-based business. This way your biggest cost is just your personal time. I did this by budgeting for my expenses in order to cover the costs I needed.

Finance 92

Finance Sweat Equity Bootstrapping Entrepreneur 92

Startup Professionals Musings

MAY 13, 2011

Explain in terms your mother could understand, and quantify the “cost-of-pain” in dollars or time. Marketing, sales, and partners. Describe your market penetration strategy, sales channels, pricing, and strategic partnerships. Quantify existing skin-in-the-game, by insiders and outsiders, including sweat equity and capital.

Business Plan 290

Business Plan Sweat Equity Exit Strategy Intellectual Property 290

YoungUpstarts

APRIL 12, 2016

You will also need an advertising budget and sales/marketing professionals who can make that happen. This way, you can focus your initial days of business in building the marketplace instead of developing an app that costs money. Find marketing opportunities that does not cost money. That seems like a lot of capital.

Cofounder 100

Cofounder Sweat Equity Startup Seed Capital 100

Up and Running

FEBRUARY 12, 2019

Investors want to hear about your first customers, other investments put into the company (including your own sweat equity), key media placement, signed letters of intent (LOI) to purchase/partner, product and customer milestones , key hires, and so on. is our customer acquisition cost (CAC). 1,000 new leads captured per month.

Sweat Equity 122

Sweat Equity Churn Rate Elevator Pitch Forecast 122

Startup Professionals Musings

AUGUST 4, 2010

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. This would be a mistake, and could easily cost you your startup. I’ll put in the money, if you put in the sweat equity.” It usually doesn’t work.

Cofounder 207

Cofounder Founder Sweat Equity Startup 207

Startup Professionals Musings

JUNE 2, 2011

Starting small and nimble allows you to adjust and be flexible as you gain experience instead of being tied to a large concept by heavy investment in upfront costs. Businesses can be built on sweat equity. If you will be making a product to sell, be sure the cost of materials is minimal and beyond that it costs only your labor.

Sweat Equity 231

Sweat Equity Startup Angel Investor Seed Money 231

Gust

AUGUST 5, 2012

Explain in terms your mother could understand, and quantify the “cost-of-pain” in dollars or time. Marketing, sales, and partners. Describe your market penetration strategy, sales channels, pricing, and strategic partnerships. Quantify existing skin-in-the-game, by insiders and outsiders, including sweat equity and capital.

Business Plan 182

Business Plan Sweat Equity Exit Strategy Intellectual Property 182

Startup Professionals Musings

APRIL 22, 2010

Explain in terms your mother could understand, and quantify the “cost-of-pain” in dollars or time. Marketing, sales, and partners. Describe your market penetration strategy, sales channels, pricing, and strategic partnerships. Quantify existing skin-in-the-game, by insiders and outsiders, including sweat equity and capital.

Business Plan 186

Business Plan Exit Strategy Sweat Equity Intellectual Property 186

Up and Running

JANUARY 24, 2014

Investors want to hear about your first customers, other investments put into the company (including your own sweat equity), key media placement, signed letters of intent (LOI) to purchase/partner, product and customer milestones, key hires, etc. is our customer acquisition cost (CAC). is our customer acquisition cost (CAC).

Sweat Equity 138

Sweat Equity Churn Rate Forecast Business Model 138

ConversionXL

NOVEMBER 6, 2019

“We also got lucky and qualified for some startup benefits with companies like Rackspace, who covered our infrastructure costs for the first year,” continues Arsenault. “We It cost less than $1k to build, and they released it in 2016. Justcall is a cloud phone system that sales teams can use to make calls using local numbers.

Sweat Equity 78

Sweat Equity Software Review Vesting Cofounder 78

www.virtuosimedia.com

MARCH 8, 2012

Your product must solve an actual need, have a profitable market size, differentiate itself from the competition, generate sufficient interest from your target market, be cost-effective to produce in a timely manner, and have a clear marketing path. Research the cost of advertising your product.

Technical Cofounder 41

Technical Cofounder Cofounder Technical Review NDA 41

infochachkie.com

SEPTEMBER 24, 2011

For instance, many a BDC CEO has initiated a consultant to study cost cutting issues before announcing a significant layoff. If a consultant claims they can enhance your marketing efforts, pay them based on their direct impact on your incremental sales. Passion Cannot be Outsourced. Pyramid Power.

Equity 40

Equity Silicon Valley Cofounder Technical Review 40

Growthink Blog

MAY 23, 2011

An entrepreneur starts a company in classic " bootstrap " fashion - with a combination of sweat equity and their own financial resources. With this capital, the company propels itself to $50 million+ in revenues, and to either a sale to a strategic acquirer or to an initial public offering. There are a lot of dark, hard days.

Angel Investor 112

Angel Investor Venture Capital Sweat Equity Cram Down 112

ConversionXL

NOVEMBER 6, 2019

“We also got lucky and qualified for some startup benefits with companies like Rackspace, who covered our infrastructure costs for the first year,” continues Arsenault. “We It cost less than $1k to build, and they released it in 2016. Justcall is a cloud phone system that sales teams can use to make calls using local numbers.

Sweat Equity 50

Sweat Equity Software Review Vesting Cofounder 50

grasshopperherder.com

SEPTEMBER 24, 2011

Piercing the Corporate Veil – Sweat Equity Consulting. But much like becoming a co-founder, getting paid sweat equity is essentially becoming an investor in the company. If you did, why would you be consulting for sweat equity instead of investing as a VC or for yourself? GrasshopperHerder.com.

Sweat Equity 41

Sweat Equity Equity Cofounder Non-Compete 41

grasshopperherder.com

FEBRUARY 19, 2011

We’re testing a viral loop, direct sales, and affiliate marketing.&# Problem is the practicality, cost and hassle of the microtransaction. Q: “What will be your best channel for customer acquisition?&# A: “I don’t know. Those are answers I respect, because you don’t know everything and neither do I.

Cofounder 47

Cofounder NDA Founder Sweat Equity 47

Austin Startup

JUNE 26, 2019

I recruited a top-flight engineer and serial entrepreneur to build our MVP, on equity?—?and As we self-funded on a tiny amount of cash, sweat equity and vision, we also worked in a methodical manner, moving the ball down the field week by week. and every other team member the same way.

Silicon Valley 54

Silicon Valley Startup B2C Sweat Equity 54

Gust

AUGUST 7, 2012

Sweat equity can be a problem. Projecting absurdly high profits doesn’t mean it’s a profitable business; it means somebody doesn’t understand the business well enough to know its costs and expenses. Lots of plans build sales by taking a small percentage of a huge market, but that’s never convincing.

Business Plan 172

Business Plan Sweat Equity Salary Founder 172

Up and Running

JUNE 26, 2017

Mark Cuban has famously said, “Sweat equity is the best startup capital.” But the team’s mindset on marketing and sales was: we’ll talk to everyone about it, and if they don’t get it instantly, they aren’t worth our time. Who do you know that can help you? Nearly everyone wants to help and add value where they can.

Sweat Equity 145

Sweat Equity Business Plan Naming eCommerce 145

YoungUpstarts

JULY 31, 2012

In 1809, Kies patented a new method of weaving straw with silk and thread, which proved to be a cost-effective way to make work bonnets. During 1810 alone, the new method brought in more than $500,000 in sales in Massachusetts, or the equivalent of $4.7 million in today’s dollars. billion in today’s dollars) at the time of her death.

South Carolina 188

South Carolina Sweat Equity Green Chicago 188

www.chubbybrain.com

SEPTEMBER 28, 2011

Don’t exacerbate the issue by needing to figure out how to deal with large equity deadweight on your hands (investors won’t like that the #2 stakeholder is absent, even estranged, from your company). So, the best way of dealing with this issue is to take a long, long vesting period for all major sweat equity founders.”.

Cofounder 89

Cofounder Startup Technical Cofounder CTO Hire 89

Women Entrepreneurs Can

MAY 9, 2019

During the early days, these are your key contributors and they must be willing to put as much sweat equity into the organization as you are. Scaling will increase the cost it takes to do business and it often does it before you’re able to generate additional revenue in the traditional way your company acquires sales.

Programming 40

Programming Sweat Equity Startup Private Equity 40

Small Business Force

AUGUST 22, 2009

Your business is typically the single largest element of your asset base and estate, often with both real capital tied up and huge amounts of sweat equity invested. In future posts, we will assist you through the subsequent phases of the process to, hopefully, a potentially successful sale. Why consider selling?

Valuation 20

Valuation Sweat Equity Merger Sales 20

Small Business Force

AUGUST 22, 2009

Your business is typically the single largest element of your asset base and estate, often with both real capital tied up and huge amounts of sweat equity invested. In future posts, we will help you through the ensuing stages of the process to, hopefully, a potentially successful sale. What Are Your Expectations from a Sale?

Entrepreneur 20

Entrepreneur Valuation Sweat Equity Merger 20

techcrunch.com

FEBRUARY 19, 2010

I personally think there should be a shift generally to funding smaller ideas, that are innovative enough to not cost millions to build and run, that may still net similar returns (30-50 times) but are less risk since they’re smaller. The cost of money is steep, and only works in certain verticals, of which software is NOT one.

Venture Capital 62

Venture Capital Technical Review Sweat Equity Valuation 62

sivers.org

JUNE 25, 2010

Youll estimate time and cost better. But what I think was hard, and it was something he couldnt consider was that it would be harder to find a *maintaining* programmer, and how much it would cost to run the software, because of technical details he didnt understand. Thinking of your project in milestones makes all the difference.

CTO Hire 84

CTO Hire Hiring Software Review Technical Review 84