Startup Professionals Musings

FEBRUARY 24, 2020

One of the most stressful and unanticipated challenges that comes with starting a new business is hiring and managing employees. While this approach appears to cost more on the surface, it often actually costs you less, when you consider the hidden costs of rework, poor customer satisfaction, employee management, and training required.

Technical Review 308

Technical Review Due Diligence Startup Employee 308

Startup Professionals Musings

JANUARY 15, 2020

Leaders are judged on key elements of execution, including a focus on priorities, ensuring clear accountability, managing decision making, mobilizing others, adapting quickly, and communicating execution urgency. Good performance management is more about rewarding desirable behavior than penalizing bad performance.

Valuation 311

Valuation Technical Review Due Diligence Leadership 311

Startup Professionals Musings

FEBRUARY 18, 2023

The allocation of shares among the founders, and the number and size of outside investments, will tells volumes about the health, stability, and management of the business. Every startup should have at least a couple of outside advisors who are not major investors or family members, anxious to talk to new investors and key new hires.

Sweat Equity 207

Sweat Equity Burn Rate Technical Review Intellectual Property 207

Startup Professionals Musings

APRIL 25, 2020

When McDonald’s was still a small company, Ray Kroc, the CEO, had a penchant for asking a store manager to help him clean up trash in their parking lot. Then it extends to the hiring process. When it’s time for due diligence, we will talk to your team. Instill optimism and self-confidence, but stay grounded in reality.

Technical Review 308

Technical Review Kentucky Due Diligence Japan 308

Startup Professionals Musings

DECEMBER 16, 2013

They should be asking to speak to you if you are a potential investor or a superstar hire. But don’t let management divert you with comments on your failure to understand “the vision and the big picture.” In the parlance of an investor, asking these questions and getting answers is the heart of that mysterious “due diligence” process.

Due Diligence 253

Due Diligence Sweat Equity Intellectual Property Burn Rate 253

Startup Professionals Musings

NOVEMBER 19, 2018

I find that it takes less time to explain what you need, and specifically delegate results, than to manage the chaos that occurs when many several well-intentioned people are all trying to guess what you need and do the right thing. The job of an entrepreneur is a big one, so you can’t afford to be a “control freak” or a “micro-manager.”

Leadership 241

Leadership Technical Review Due Diligence Founder 241

Startup Professionals Musings

JULY 15, 2019

If they or you find it hard to trust others, love to work alone, always have to be in control, or insist on micro-managing, it may be time for change or looking elsewhere. Neither partner needs to be managed. Partner decisions are more important than team member hiring decisions. Carry minimal historical baggage.

Cofounder 221

Cofounder Software Review CTO Hire Founder 221

YoungUpstarts

MARCH 4, 2019

They want platforms and services that automate hiring and retention while ensuring freelancers feel as supported as their full-time colleagues. Managing the Freelance Economy. Solutions like Alia are addressing real problems in the gig economy for freelancers. Business leaders have different needs, however.

Technical Review 228

Technical Review Software Review San Francisco Due Diligence 228

YoungUpstarts

OCTOBER 24, 2017

Zyla, managing director of Acuitas, Inc., Hire professionals. A CPA provides input on tax structure and metrics, and assists with due diligence related to your industry. You need to ask questions and perform due diligence before you invest substantial time and money. Congratulations! Ask tough questions.

Partner 208

Partner Technical Review Intellectual Property Due Diligence 208

YoungUpstarts

MAY 18, 2015

by Al Fialkovich, Managing Director at Transworld Business Advisors. The task of vetting a business prior to a potential purchase is referred to as due diligence. Hire a CPA. Hire an attorney. Most speculators will find the due diligence process to be tedious at best. Efficiency is essential.

Due Diligence 100

Due Diligence CPA Merger Acquisition 100

YoungUpstarts

JUNE 27, 2020

Put simply, offshore outsourcing means hiring a company to perform a service from a different part of the world. After a while, it began to place an immense strain on our internal resources to manage all of the centers efficiently, effectively negating the cost-savings we were benefiting from. Ease of Communication.

Offshore 165

Offshore Costa Rica Dominican Republic Jamaica 165

Gust

DECEMBER 8, 2013

They should be asking to speak to you if you are a potential investor or a superstar hire. But don’t let management divert you with comments on your failure to understand “the vision and the big picture.” In the parlance of an investor, asking these questions and getting answers is the heart of that mysterious “due diligence” process.

Due Diligence 174

Due Diligence Sweat Equity Intellectual Property Burn Rate 174

NZ Entrepreneur

SEPTEMBER 29, 2021

experiments to build a product, find customers, test business models and hire amazing people. So managing risk in a startup is less about compliance, it’s more about being as brave and ambitious as you can without breaking things. This may mean straddling the line between governance and management when necessary.

Technical Review 88

Technical Review Software Review New Zealand Due Diligence 88

Startup Professionals Musings

APRIL 22, 2014

If you find it hard to trust others, love to work alone, always have to be in control, or insist on micro-managing, you probably won’t find a partner who will satisfy you. Does not need to be managed. Partner decisions are more important than hiring decisions. You may be too independent to be partner material.

Partner 269

Partner Software Review CTO Hire Fractional CTO 269

YoungUpstarts

MARCH 9, 2016

by Larry Fontillas, managing director of the Americas for ansarada. He or she is skilled at managing the deal’s tenor and flow, and makes sure negotiations happen without a hitch to both improve the transaction process as well as the end result for the seller. This is where a good advisor is absolutely essential. Tech Savvy.

Technical Review 100

Technical Review Due Diligence San Francisco Merger 100

YoungUpstarts

AUGUST 6, 2018

Continuously hiring new employees is a huge expense for a company. It’s more than the cost of hiring new staff that makes your employee retention rate so important. Do Your Due Diligence When Hiring. Having a strong team that will stay long-term starts with the hiring process. Provide the Necessary Training.

Retention 100

Retention Employee Software Review Due Diligence 100

YoungUpstarts

MARCH 22, 2019

So you have a great business idea, you’ve done your research and due diligence, you know your market and you are good at what you do. Either way, you will need a professional, compliant and easy to use method to invoice clients and track payments as well as manage banking and inventory minutiae. What could go wrong?

Software Review 176

Software Review Due Diligence Startup Stock 176

Startup Professionals Musings

JULY 16, 2017

If they or you find it hard to trust others, love to work alone, always have to be in control, or insist on micro-managing, it may be time for change or looking elsewhere. Neither partner needs to be managed. Partner decisions are more important than team member hiring decisions. Carry minimal historical baggage.

Partner 140

Partner Software Review CTO Hire Cofounder 140

Startup Professionals Musings

FEBRUARY 8, 2013

If you find it hard to trust others, love to work alone, always have to be in control, or insist on micro-managing, you probably won’t find a partner who will satisfy you. Does not need to be managed. Partner decisions are more important than hiring decisions. You may be too independent to be partner material.

Partner 258

Partner Software Review CTO Hire Equity 258

Startup Professionals Musings

APRIL 8, 2015

The allocation of shares among the founders, and the number and size of outside investments, will tells volumes about the health, stability, and management of the business. Every startup should have at least a couple of outside advisors who are not major investors or family members, anxious to talk to new investors and key new hires.

Technical Review 120

Technical Review Due Diligence Sweat Equity Burn Rate 120

Women Entrepreneurs Can

MARCH 26, 2024

To overcome this, individuals seeking an apostille should consider hiring a professional translation service versed in legal and academic terminologies. This red tape can be managed by thoroughly researching the specific requirements for apostille in the destination country and ensuring all paperwork is meticulously completed and compliant.

Global 52

Global Technical Review Due Diligence Government 52

YoungUpstarts

OCTOBER 12, 2017

It’s an expertise that Brian Connell-Tombs offers through his practice, CT Compliance Consulting : regulatory compliance services that dovetail with risk management services that he executes. Knowing best practices and having a robust risk management approach is essential to protect your own business including its reputation.”.

Technical Review 138

Technical Review Software Review Due Diligence Founder 138

ReadWriteStart

JULY 23, 2020

With the Relativity tech, lawyers can store and search for documents, automate contract reviews, and perform other regulatory work and due diligence. . Some large firms and in-house corporate legal departments have hired experts from Relativity to help them set up eDiscovery departments. . law firms use the service.

Technical Review 152

Technical Review Software Review Artificial Inteligence Incubator 152

Version One Ventures

JULY 24, 2019

The primary responsibility will be to help manage the day-to-day activities of the fund, including: Identifying new and interesting entrepreneurs and companies that align with our investment thesis on network effects. Performing market research and due diligence for potential investments.

Technical Review 125

Technical Review Advisory Board Due Diligence LP 125

Rembrandt Communications

FEBRUARY 1, 2023

Probably not, so… Do your due diligence when it comes to press releases and publicity. Do your due diligence. But, instead of just hiring a “cheap” press release service, look at other options. Your release may be a generic template, packed with errors and show up on all kinds of websites all over the world.

Due Diligence 263

Due Diligence Distribution Reputation Public Relations 263

OnlyOnce

DECEMBER 20, 2023

For most startups the idea of hiring a CBDO is a pipedream, it’s a role that only global corporations have, right? So how do you know when it’s time to hire your first CBDO? You know it’s time to hire a CBDO when you are spending too much of your own time on things that a CBDO could be doing.

Hiring 71

Hiring Developer Due Diligence Bandwidth 71

YoungUpstarts

JUNE 20, 2016

This data is stored on a secured online server that only allows restricted access to view, share or manage stored information. These services are offered by VDR providers and are managed by an administrator. The old PDRs were quite cumbersome due diligence processes. The Evolution of Virtual Data Rooms. Human Resources.

Software Review 100

Software Review Technical Review Due Diligence Security 100

Startup Professionals Musings

NOVEMBER 4, 2015

Leaders are judged on key elements of execution, including a focus on priorities, ensuring clear accountability, managing decision making, mobilizing others, adapting quickly, and communicating execution urgency. Good performance management is more about rewarding desirable behavior than penalizing bad performance.

Leadership 120

Leadership Technical Review Due Diligence Valuation 120

Startup Professionals Musings

APRIL 8, 2012

When McDonald’s was still a small company, Ray Kroc, the CEO, had a penchant for asking a store manager to help him clean up trash in their parking lot. Then it extends to the hiring process. When it’s time for due diligence, we will talk to your team. Instill optimism and self-confidence, but stay grounded in reality.

Technical Review 332

Technical Review Entrepreneur Kentucky Due Diligence 332

YoungUpstarts

OCTOBER 5, 2019

Many companies hire remote teams, and this comes with plenty of advantages. But, with the right hiring strategies, tools, and communication, you can experience all the positives of this structure while reigning in the challenges. The first step to creating a successful remote team is hiring people who can work independently.

Software Review 113

Software Review Due Diligence Hiring Employee 113

Startup Professionals Musings

JUNE 29, 2011

If you find it hard to trust others, love to work alone, always have to be in control, or insist on micro-managing, you probably won’t find a partner who will satisfy you. Does not need to be managed. Partner decisions are more important than hiring decisions. You may be too independent to be partner material.

Partner 240

Partner Software Review CTO Hire Fractional CTO 240

Startup Professionals Musings

MAY 4, 2013

When McDonald’s was still a small company, Ray Kroc, the CEO, had a penchant for asking a store manager to help him clean up trash in their parking lot. Then it extends to the hiring process. When it’s time for due diligence, we will talk to your team. Instill optimism and self-confidence, but stay grounded in reality.

Technical Review 278

Technical Review Entrepreneur Kentucky Due Diligence 278

YoungUpstarts

AUGUST 30, 2016

We hired a CEO to help us build the business. After months of due diligence and reviewing hundreds of pages of contracts, McAfee acquired InternetSafety. After the acquisition, I managed the Safe Eyes team at McAfee for two years. We had beaten out products from Microsoft, AOL and Symantec.

Software Review 188

Software Review Technical Review Due Diligence Startup 188

SoCal CTO

JANUARY 26, 2010

What worries me a bit is how often I read that startups should hire a developer / hands-on lead developer. I understand the desire for hiring someone who is going to product product. But often the result of a Founder hiring a developer or lead developer or even a VP engineering is a gap created between the founders and the developers.

CTO 225

CTO Fractional CTO CTO Hire Technical Review 225

Gust

APRIL 13, 2014

If you find it hard to trust others, love to work alone, always have to be in control, or insist on micro-managing, you probably won’t find a partner who will satisfy you. Does not need to be managed. Partner decisions are more important than hiring decisions. You may be too independent to be partner material.

Partner 179

Partner Software Review CTO Hire Fractional CTO 179

Startup Professionals Musings

MARCH 25, 2022

Managing cash must always be your top priority. Hire the best, and provide necessary training and tools. Too many busy business leaders I know take shortcuts in hiring, looking for a quick fill, assuming new employees can learn on the job, with minimal training and old tools. Don’t sell what you don’t have.

Advisory Board 336

Advisory Board Due Diligence Demand Partner 336

Board Effect

APRIL 28, 2021

Due Diligence in Applying for 501(c)(3) Status. The waiting time is a good time to get things organized , hire staff, recruit volunteers, plan fundraising activities, and put processes in place for managing board activities. Major donors are often familiar with the difference between Form 1023 and Form 1023-EZ.

Software Review 98

Software Review Technical Review Due Diligence Government 98