Gust

article thumbnail

10 Key Traits Of An Ideal Entrepreneur Partner

Gust

If both of you are experts at software development, even though one loves design and the other loves coding, that still won’t get the marketing done. Partner decisions are more important than hiring decisions. This is a critical element of a good relationship, but a tough one. Complementary skills. Passion for what they do.

Partner 179
article thumbnail

Don’t Let Investors Conclude Your Startup Is A Hobby

Gust

At this stage, you should start recruiting, hiring, paying, and training others to help you run your business. How do you access the Internet, what servers do you need, applications required, databases designed, and backups scheduled? Manage human resources. It all has to be written down and maintained. Billing and revenue collection.

Startup 187
Insiders

Sign Up for our Newsletter

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

article thumbnail

10 C-Level Positions That Are Red Flags For Funding

Gust

The more conventional VP of Marketing role should cover branding, as well as other marketing advertising, design, public relations and customer service requirements. Branding is indeed an important role within a startup, but the implied scope of the role is far too narrow. Chief Risk Officer. Chief Human Resources Officer (VP Personnel).

CTO Hire 171
article thumbnail

Nuts & Bolts of Intellectual Property for New Startups

Gust

At a startup, the concept of IP should be viewed expansively: The business is new, the team is small, branding/UI/UX is in flux, and as a matter of practicality, anyone can have input on nearly anything, from business and marketing plans to product design decisions.As

article thumbnail

Is it common for startups to have a president? Why or why not?

Gust

As the company grows and brings on more people, even in cases where everyone wants to keep the organization ‘flat’, it simply becomes too unwieldy for the CEO to have more than six or so direct reports, or for the CTO to both code everything personally AND design/plan the product line AND be involved at the larger, strategic level.

CTO Hire 118
article thumbnail

Entrepreneurs Must Not Confuse Action With Results

Gust

Cashflow is the element of momentum that allows you to hand over jobs to other people and do more of your core passion jobs, like creating content or designing new products. At this point especially is where you need to watch out for fake work, which thrives in less dedicated hires, outdated cultures, and old work processes.

article thumbnail

10 Startup Shortcuts That Will Be Back To Haunt You

Gust

Be quick to hire and slow to fire. Hiring after one interview is like hopping a red-eye to Vegas to get married after one date. On the other end of the process, don’t hesitate to pull the trigger fast when a new hire isn’t working, but don’t forget to be human and follow all the steps. Personal discipline is the key word here.

Startup 183