Remove Employee Remove Metrics Remove Sales Remove Sweat Equity
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Target market advisory boards

Austin Startup

A strong advisor can walk you in the door to the same number of companies as 2–3 new sales hires. I think of this as an early test of the founding team’s sales ability. As founders, your job includes selling product to customers, stock to investors, and opportunity to employees. Never discount the power of a warm intro.

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Piercing the Corporate Veil of Sweat Equity

grasshopperherder.com

Piercing the Corporate Veil – Sweat Equity Consulting. Some have been as co-founder, most have been as a consultant with the possibility of becoming an paid employee, “as soon as we close our funding round.” If you did, why would you be consulting for sweat equity instead of investing as a VC or for yourself?

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Things to Avoid When Recruiting Co-founders

grasshopperherder.com

We’re testing a viral loop, direct sales, and affiliate marketing.&# Show Metrics If you ask me to be a co-founder or even just a consultant, you’re essentially asking me to invest in your company with my time. As an investor, I will expect the same metrics an investor would get. A: “I don’t know.

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5 Signs You Need to Create Your Startup Sponsorship Program

Women Entrepreneurs Can

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. This can be problematic if employees are stretched too thin; it doesn’t matter how much talent they have or how invested they are into your concept.