SoCal CTO

SEPTEMBER 27, 2011

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." I'll get to service providers in a later post. Which means n = (i - 1)/i.

Early Stage 391

Early Stage Equity CTO Hire Sweat Equity 391

Duct Tape Marketing

JUNE 7, 2023

How Employee Experience Shapes Brand Perception written by John Jantsch read more at Duct Tape Marketing Marketing Podcast with Tiffani Bova In this episode of the Duct Tape Marketing Podcast , I interview Tiffani Bova. Key Takeaway: Prioritizing the employee experience alongside customer experience drives business success.

Employee 76

Employee Technical Review Advisory Board Sales 76

Up and Running

JUNE 28, 2021

On average, employees change jobs every four years. Employee retention is one of the biggest and potentially expensive issues for companies. Employee retention is one of the biggest and potentially expensive issues for companies. There are many ways to help your employees and make them thrive in the workplace.

Employee 83

Employee Developer Software Review Salary 83

Startup Professionals Musings

MAY 14, 2023

Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. This could equate to two technical founders (with a minimal salary), funding two developers for a year.

Burn Rate 258

Burn Rate Hockey Stick Management Salary 258

YoungUpstarts

OCTOBER 23, 2019

But in this customer-focused model, some businesses make the mistake of neglecting to focus on their employees. Their study, alongside others , found that happier employees are at least a predictor of customer happiness, if not one of the main causes. Happier employees = greater customer loyalty. But what’s the reason for this?

Employee 113

Employee Customer Software Review Salary 113

YoungUpstarts

AUGUST 6, 2018

Do you pay attention to your employee retention rate and whether your top employees are happy? If your employees are unhappy and continue to hand in their resignation, it makes it challenging to keep the business moving forward. Continuously hiring new employees is a huge expense for a company.

Retention 100

Retention Employee Software Review Due Diligence 100

Startup Professionals Musings

SEPTEMBER 29, 2021

In my experience as an employee, up to an executive, in large companies as well as small, I’ve found that people who are consistently negative and complain are a big constraint on productivity, as well as the most difficult management problem that most business leaders face. They may really want to change.

Employee 371

Employee Salary Hiring Stock 371

YoungUpstarts

JUNE 28, 2022

Pay, benefits, greater work-life balance and better personal wellbeing top the list when it comes to what employees want in their next job. The post Today’s Job Seekers Aren’t Just Looking For Salary. Here’s What They Really Want. appeared first on Young Upstarts.

Salary 242

Salary Employee Hiring 242

Transformify

JANUARY 3, 2023

Today, HR professionals work with a greater responsibility to ensure that organizations are living their purpose and values while safeguarding employees’ interests. HR has undergone a dynamic shift in its approaches and is currently focused on enhancing employees’ experience and building sustainable brands.

Software Review 52

Software Review Software Employee Technical Review 52

Steve Blank

OCTOBER 23, 2023

Most of her lessons were applicable to any government employee venturing out to the private sector. The same Emotional Quotient and approach that attracts investors will also attract excellent employees. Choose big for stability and higher salaries. The salaries are almost always higher. Read part one here.

Government 212

Government Advisory Board Salary Sales Cycle 212

The Startup Magazine

MAY 31, 2022

Any operation that involves an employee, like recruitment, payroll management, or even offboarding, can be included in these HR functions or duties. . Most HR functions are outsourced to an HR consulting agency by SMBs (10–500 employees). We are introducing new employees to the organization. What Is Human Resources Outsourcing?

United States 143

United States Salary UAE Hiring 143

YoungUpstarts

JULY 8, 2016

Dissatisfied employees are a problem. Try these methods for improving employee satisfaction: Give pay rises where you can. It’s unlikely that you can afford to give everyone a pay rise, but it’s worth investigating whether you have money to increase the salary of some of your employees. Want to avoid both these outcomes?

Employee 113

Employee Salary Software Review Software 113

Duct Tape Marketing

APRIL 6, 2023

Humanizing the Workplace: Building Strong Employee Relationships written by John Jantsch read more at Duct Tape Marketing Marketing Podcast with Joey Coleman In this episode of the Duct Tape Marketing Podcast , I interview Joey Coleman. Questions I ask Joey Coleman: [02:42] what’s the real cost of employee turnover? [04:04]

Employee 89

Employee Retention Hiring Artificial Inteligence 89

Startup Professionals Musings

JUNE 11, 2022

Personal loans from individuals, employees and board members. As in any company, they can lead to employee problems, or messy legal issues. This could work to get you legal or accounting services, but won’t get you cash to pay employee salaries. Personal loans are certainly an option, but should be avoided if possible.

Angel Investor 327

Angel Investor Equity Technical Review Exit Strategy 327

Startup Professionals Musings

SEPTEMBER 22, 2023

The process must be employee friendly, as well as customer friendly, and have feedback mechanisms to correct poor results. If service employees are not happy, the process isn’t working yet. Companies with great service routinely spend 3% to 5% of salaries training team members – experienced as well as new.

Technical Review 249

Technical Review Salary Metrics Matching 249

Steve Blank

OCTOBER 10, 2023

Most of her lessons were applicable to any government employee venturing out to the private sector. At the Agency , 85% of my time was spent navigating bureaucracy and equities, arguing for resources and permission for operations, and dealing with the bottom rung of employees, all while making decisions with little data or data overload.

Government 174

Government CTO Hire Technical Review Advisory Board 174

A Smart Bear: Startups and Marketing for Geeks

DECEMBER 12, 2011

salary, benefits). You’re not just hiring any old programmer or salesman, you’re hiring employee #1. Right, so it doesn’t matter with your first few employees either. In a small startup there’s no layer separating employees from customers. Potential earnings (e.g. Write a crazy job description.

Hiring 282

Hiring Employee Ruby Java 282

Startup Professionals Musings

MAY 22, 2020

One more key employee or one more investor will probably not turn the situation around. Calculate employee stock option values and vesting times, as well as salary. These questions are the key ones in every due diligence effort, always done by accredited investors, but almost never done by key employees and new partners.

Technical Review 436

Technical Review Due Diligence Sweat Equity Burn Rate 436

YoungUpstarts

JULY 15, 2020

In simple terms, the payroll is the list of your employees and the corresponding amount of money that you pay them. Hence, a payroll system is the collective steps that involve the preparation, computation, and transmission of the payments to the employees. Also, you need to secure the tax and financial information of your employees.

Salary 147

Salary Software Review Security Employee 147

Startup Professionals Musings

FEBRUARY 18, 2023

One more key employee or one more investor will probably not turn the situation around. Calculate employee stock option values and vesting times, as well as salary. These questions are the key ones in every due diligence effort, always done by accredited investors, but almost never done by key employees and new partners.

Sweat Equity 207

Sweat Equity Burn Rate Technical Review Intellectual Property 207

Startup Professionals Musings

AUGUST 19, 2020

Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. This could equate to two technical founders (with a minimal salary), funding two developers for a year.

Burn Rate 310

Burn Rate Hockey Stick Salary Angel Investor 310

YoungUpstarts

NOVEMBER 23, 2020

This means that companies do not have to keep an expensive in-house team idle and still pay them big salaries. It makes economic sense to pay for the number of customers served compared to hiring a full-time employee. This not only saves the companies enormous costs of salaries but also gives them access to expertise.

Startup 238

Startup Technical Review Salary Hiring 238

Transformify

JUNE 11, 2021

Employee engagement is a designed methodology for the workplace to track and improve employees' job duties, a position with the company culture, and fellow employees. HR and management use employee engagement methods to achieve a number of goals and objectives. Identifying Employee Needs.

Employee 95

Employee Management Technical Review Software Review 95

YoungUpstarts

APRIL 6, 2020

Smart scheduling software for employees is a terrific example of modern tech that refines and upgrades a traditional workplace process – in this case, staff rostering. By overhauling your existing staff scheduling process, you can empower your employees , reactively respond to staff shortages and bring about a world of improvements.

Software Review 179

Software Review Software Product Technical Review 179

YoungUpstarts

AUGUST 20, 2020

This means it can be easy to measure employees’ productivity based on the number of completed projects. This way, you may engage such employees to improve their performance levels to meet your productivity goals. When things are in the open, workers can easily understand their earnings and those of other employees. Secure Data.

Software 219

Software Management Salary Startup 219

Up and Running

MARCH 7, 2018

In my time, I learned a thing or two about the importance of preventing employee turnover. Aside from the time-consuming tasks of screening potential employees, interviewing, and re-hiring , losing and replacing employees is expensive. On average, it costs nearly three times an employee’s salary to replace them.

Employee 91

Employee Startup Salary Hiring 91

YoungUpstarts

OCTOBER 6, 2014

by Michael Houlihan and Bonnie Harvey, authors of “ The Entrepreneurial Culture: 23 Ways to Engage and Empower Your Peopl e “ We all know today’s companies need to be more nimble, more innovative, and more entrepreneurial, and that this shift begins with employees. We were able to do so because of their dedicated employees.

Employee 208

Employee Leadership Technical Review Hiring 208

Startup Professionals Musings

JANUARY 8, 2021

The process must be employee friendly, as well as customer friendly, and have feedback mechanisms to correct poor results. If service employees are not happy, the process isn’t working yet. Companies with great service routinely spend 3% to 5% of salaries training team members – experienced as well as new.

Technical Review 385

Technical Review Salary Metrics Matching 385

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

YoungUpstarts

FEBRUARY 5, 2014

by Todd Patkin, author of “ Finding Happiness “ We all know that employee engagement matters. Yet again and again, studies point to a pervasive lack of it (for instance, a recent Gallup report indicates that only 13 percent of employees worldwide are engaged), as well as the incredible costs of this problem.

Employee 248

Employee New Hampshire Massachusetts Dividend 248

YoungUpstarts

APRIL 10, 2014

by Todd Patkin, author of “ Finding Happiness “ What were your last 10 or 15 employee conversations like? And chances are, unless they were delivered in a, shall we say, forceful tone of voice, your employees don’t mind hearing pertinent instructions and questions. So why does their morale seem to be, well, wilting?

Employee 212

Employee Massachusetts Dividend Campaign 212

Duct Tape Marketing

APRIL 20, 2022

Rolling Out The Red Carpet For Your Employees written by John Jantsch read more at Duct Tape Marketing. She’s the author of three books including: The Celebrity Experience: Insider Secrets to Delivering Red-Carpet Customer Service and her new book Employees First! We dive into core concepts from her new book Employees First!

Employee 76

Employee Networking Audio Customer 76

The Startup Magazine

AUGUST 17, 2022

Ensuring that your employees feel appreciated for their effort, enthusiasm and capabilities will lead to a much happier, more fulfilled, and longer-lasting workforce. . As a boss, effective communication is one of the key attributes you must have and show to your employees. Verbal Thanks. Give and Take. Thoughtful Gifts.

Employee 131

Employee Salary Retention Cost 131

Transformify

DECEMBER 6, 2021

You need the right WFM software, from model management and operations to tracking your employees’ leave. Here are some of the best apps that you can use to help you with everything, from employee attendance to team engagement. Transformify can help build on your human resources, managing all your employees from start to finish.

Software Review 52

Software Review Software Employee Management 52

The Startup Magazine

APRIL 5, 2017

Senior management has to establish trust with all other employees. Employees in authority positions should earn this trust by demonstrating credibility, honesty and integrity in all their actions. Employees can deal with bad news, provided that their leader share such information. Pay Your Employees Well.

Employee 71

Employee Salary Security Global 71

Board Effect

DECEMBER 29, 2021

The 2019 Race to Lead Survey (a poll of 4,385 nonprofit employees) shows 26% of white people hold CEO or executive director positions. Salary Increases in Nonprofits . In the spirit of pay equity, salary increases can’t be arbitrary or inconsistent. . Nonprofit Salary Transparency .

Equity 105

Equity Salary Software Review Iowa 105

YoungUpstarts

NOVEMBER 25, 2020

It shows that you are on the path to success, and hiring the correct employee will boost the value of the business. Don’t let your potential employees leave an interview without a clear idea about what the job entails. Be open about their salary, working hours, and the jobs they will be expected to do. Be as Open as Possible.

Small Business 264

Small Business Hiring Employee Salary 264