article thumbnail

Equity for Early Employees in Early Stage Startups

SoCal CTO

I was asked by a reader how much equity he should give out to early employees and to service providers in a very early stage startup. Founders vs. Early Employees To help with this discussion, let me start with a definition of "early employee." Which means n = (i - 1)/i.

article thumbnail

Is a Venture Studio Right for You?

Steve Blank

Three types of organizations – Incubators, Accelerators and Venture Studios – have emerged to reduce the risk of early-stage startup failure by helping teams find product/market fit and raise initial capital. They do the most to de-risk the early stages of a startup. I pointed out that there were.

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 Keys To Raising Your New Venture Funding Potential

Startup Professionals Musings

For early-stage startups, the goodwill component can easily exceed the size of all the financial elements together, or can just as easily mark a company with good financials as not investable. In the investment community, these leadership elements are often called “goodwill.” Performance accountability processes.

article thumbnail

Common Employee Performance Management Challenges and How to Fix Them

Up and Running

As they begin to grow , they start to recognize that using a spreadsheet or using memory to keep track of employee performance just doesn’t work. In this article, we outline the challenges that startups can face when managing their employee performance, as well as solutions to get their employees on the right track.

Employee 139
article thumbnail

How Baby Boomers Fit In The Realm Of Entrepreneurship

Startup Professionals Musings

In addition to being the startup entrepreneur, there are other key roles where Boomers can be a force in driving successful startups, in concert with leaders from Gen-X and Gen-Y: Early-stage angel investors. Often a little gray hair gives added credibility to their efforts, and provides a role model for other support roles.

article thumbnail

Leaving Government for the Private Sector – Part 2

Steve Blank

Most of her lessons were applicable to any government employee venturing out to the private sector. At first many start-ups hire a lobbying firm. Larger companies hiring a Chief of Staff often look for someone who has an MBA, experience with one of the big consulting firms, or experience doing the job already.

article thumbnail

How to Hire Your First Employee

Up and Running

But eventually, all successful businesses will have to start taking on employees, and that’s when the fun really begins. Before you get there, however, you have to actually complete the interviewing, hiring, and onboarding process. Their responses ranged from practical tips on hiring to what to look for in a first employee.

Hiring 60