Startup Professionals Musings

FEBRUARY 15, 2023

With one of the many new tools , and a dose of sweat equity, you can create a website for almost nothing -- and you are on your way to success with ecommerce, your latest invention or personal services. Here are the key principles I recommend as an advisor to many entrepreneurs: Start your business in your own home.

Equity 349

Equity Hockey Stick Bootstrapping Sweat Equity 349

Startup Professionals Musings

SEPTEMBER 25, 2023

Many first-time entrepreneurs find themselves unable to bootstrap their startups, and also unable to find early funding at the venture capital level or even with angel investors. The average amount per startup has been $23,000, usually in the form of a convertible loan, rather than an equity investment.

Sweat Equity 274

Sweat Equity Elevator Pitch Startup Equity 274

Startup Professionals Musings

NOVEMBER 13, 2012

There is so much written these days about how to attract investors that most entrepreneurs “assume” they need funding, and don’t even consider a plan for “bootstrapping,” or self-financing their startup. In fact, most of the rich entrepreneurs you know actively turned away early equity proposals. Need to spread the risk.

Sweat Equity 239

Sweat Equity Technical Review Bootstrapping Equity 239

Startup Professionals Musings

MAY 18, 2020

With one of the many new tools , and a dose of sweat equity, you can create a website for almost nothing -- and you are on your way to success with ecommerce, your latest invention or personal services. Here are the key principles I recommend as an advisor to many entrepreneurs: Start your business in your own home.

Hockey Stick 423

Hockey Stick Bootstrapping Sweat Equity Intellectual Property 423

Startup Professionals Musings

JANUARY 11, 2021

Many first-time entrepreneurs find themselves unable to bootstrap their startups, and also unable to find early funding at the venture capital level or even with angel investors. The average amount per startup has been $23,000, usually in the form of a convertible loan, rather than an equity investment.

Sweat Equity 346

Sweat Equity Elevator Pitch Equity Venture Capital 346

Startup Professionals Musings

MARCH 16, 2016

Whether you are talking to peers, competitors or investors, you as an active entrepreneur will be judged on your familiarity with today’s startup and funding jargon. In that context, I offer you my latest collection of popular investor-to-entrepreneur terms and concepts. Frothy is good for entrepreneurs. Sweat equity.

Software Review 120

Software Review Sweat Equity Accredited Investor Angel Investor 120

ReadWriteStart

DECEMBER 29, 2010

Together with 40 Nordic entrepreneurs , we decided to take a trip to the startup mecca, looking for opportunities and lessons to learn. Not Businessmen, Entrepreneurs. We Europeans think of entrepreneurs as businessmen. legislation is not on the foreign entrepreneur’s side. A trader on Wall St. Photo by luigig.

Silicon Valley 156

Silicon Valley Finland Sweat Equity Entrepreneur 156

Startup Professionals Musings

APRIL 10, 2016

Most founders like to talk about their many months or years of sweat-equity , but cash invested is a stronger commitment. 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 120

Sweat Equity Burn Rate Technical Review Intellectual Property 120

Both Sides of the Table

APRIL 19, 2011

o Early on they hired 3 people from ACT software at once (more team hiring) on staff and supplement it with Agency (in LA worked with First Communications – good). On Entrepreneurship: What makes a great entrepreneur? o CPM model gave him control over the information in the acquisition cycle so he focused on that. -

Acquisition 304

Acquisition Warrant Customer Term Sheet 304

grasshopperherder.com

SEPTEMBER 24, 2011

Piercing the Corporate Veil – Sweat Equity Consulting. But much like becoming a co-founder, getting paid sweat equity is essentially becoming an investor in the company. If you did, why would you be consulting for sweat equity instead of investing as a VC or for yourself? GrasshopperHerder.com.

Sweat Equity 41

Sweat Equity Equity Cofounder Non-Compete 41

Startup Professionals Musings

JUNE 1, 2015

Image via Flickr by Jupiter Labs Many first-time entrepreneurs find themselves unable to bootstrap their startups, and also unable to find early funding at the venture capital level or even with angel investors. The average amount per startup was $23,000, usually in the form of a convertible loan, rather than an equity investment.

Sweat Equity 120

Sweat Equity Entrepreneur Elevator Pitch Equity 120

Startup Professionals Musings

SEPTEMBER 5, 2011

The intent of this question is to determine the level of commitment of founders, both cash and “sweat equity,” and how much others have already invested into this plan. They should be asking to speak to you if you are a potential investor or a superstar hire. How much “skin” is already in the game?

Due Diligence 237

Due Diligence Sweat Equity Intellectual Property Entrepreneur 237

Up and Running

DECEMBER 23, 2019

To help you better understand your choices — and learn how others have tackled the challenge — we asked a panel of Young Entrepreneur Council members the following questions: When you first started your business, how did you fund it? What advice do you have for entrepreneurs in the early stages who are considering their funding options?

Finance 92

Finance Sweat Equity Bootstrapping Entrepreneur 92

sivers.org

JUNE 25, 2010

Derek Sivers about me blog books email list contact How to hire a programmer to make your ideas happen 2010-06-19 Do you have an idea for a website, online business, or application, but need a programmer to turn that idea into reality? Say, “We are hiring a developer to create only the beginning of an application. Hire one from each.

CTO Hire 84

CTO Hire Hiring Software Review Technical Review 84

Startup Professionals Musings

DECEMBER 16, 2013

The intent of this question is to determine the level of commitment of founders, both cash and “sweat equity,” and how much others have already invested into this plan. They should be asking to speak to you if you are a potential investor or a superstar hire. due diligence employee entrepreneur investor startup'

Due Diligence 253

Due Diligence Sweat Equity Intellectual Property Burn Rate 253

YoungUpstarts

AUGUST 10, 2016

A lot of aspiring entrepreneurs fail to make the move to running their own business either due to lack of funds or time. You could find cheap products to buy at auctions and hire third party professionals to fix the product before you sell. This is however capital intensive and why a lot of aspiring entrepreneurs choose to stay away.

Sweat Equity 100

Sweat Equity Lead Generation Demand SEO 100

Startup Professionals Musings

APRIL 6, 2016

With one of the new free tools and a dose of sweat equity, you can create a website for almost nothing -- and you are on your way to success with ecommerce, your latest invention or personal services. Here are the key principles I recommend as an advisor to many entrepreneurs: Start your business in your own home.

Bootstrapping 120

Bootstrapping Hockey Stick Sweat Equity Intellectual Property 120

Startup Professionals Musings

NOVEMBER 2, 2012

The intent of this question is to determine the level of commitment of founders, both cash and “sweat equity,” and how much others have already invested into this plan. They should be asking to speak to you if you are a potential investor or a superstar hire. How much “skin” is already in the game?

Due Diligence 244

Due Diligence Sweat Equity Burn Rate Intellectual Property 244

chrischandler.name

NOVEMBER 1, 2010

If you’ve considered finding and asking a developer for his or her time in exchange for sweat equity, I’m going to strongly advise you against it. Equity to a developer works the same way, except it’s often approached as hiring an employee instead of bringing on an investor.

Equity 40

Equity Developer Entrepreneur Syndicate 40

YoungUpstarts

APRIL 12, 2016

To do this, you will need to invest money in hiring programmers who can build and maintain the app. Many aspiring entrepreneurs waste away precious time reaching out to investment firms with their undeveloped idea only to realize that these investments do not happen in the absence of validated traction. Find a cofounder.

Cofounder 100

Cofounder Sweat Equity Startup Seed Capital 100

rapidrollout.wordpress.com

OCTOBER 23, 2010

Web Startup Lessons Advice from a CTO and Entrepreneur Home About Finding a Technical Partner for Your Startup Today I received an inquiry from a student at an Ivy League university who wants to launch a web startup. How can I go about looking for a (very) good programmer willing to do this as sweat equity?

Technical Review 40

Technical Review Fractional CTO Partner CTO Hire 40

Startup Professionals Musings

AUGUST 20, 2010

The intent of this question is to determine the level of commitment of founders, both cash and "sweat equity,” and how much others have already invested into this plan. They should be asking to speak to you if you are a potential investor or a superstar hire. Tags: entrepreneur startup investor due diligence employee.

Due Diligence 229

Due Diligence Sweat Equity Intellectual Property Startup 229

Up and Running

FEBRUARY 12, 2019

I’ve heard many entrepreneurs deliver their pitch as if they’re auctioning off their grandmother’s antiques. This is a rookie mistake, but many entrepreneurs say this. I’ve seen so many pitches where the entrepreneur doesn’t even show their actual product. Pare it down to the essentials. Address competition head-on.

Sweat Equity 122

Sweat Equity Churn Rate Elevator Pitch Forecast 122

Gust

DECEMBER 8, 2013

The intent of this question is to determine the level of commitment of founders, both cash and “sweat equity,” and how much others have already invested into this plan. They should be asking to speak to you if you are a potential investor or a superstar hire. How much “skin” is already in the game?

Due Diligence 174

Due Diligence Sweat Equity Intellectual Property Burn Rate 174

The Equity Kicker

SEPTEMBER 2, 2015

There’s currently a placeholder site which explains what The Path Forward is (a guide for ecommerce and marketplace entrepreneurs in their first year). The founding team sets the mould for future employees of a company and the oft repeated cliche that A players hire A players while B players hire C players is very true.

Sweat Equity 60

Sweat Equity Cofounder Angel Investor eCommerce 60

Hearpreneur

DECEMBER 10, 2016

Share Being an entrepreneur or business owner has its share of ups and downs. While the downs can be pretty low the ups always seem to triumph for a true entrepreneur at heart. Milestones are what entrepreneurs and business owners work towards. My favorite part of being an entrepreneur and running my business is the growth.

Entrepreneur 48

Entrepreneur Sweat Equity Alabama LLC 48

Up and Running

JANUARY 24, 2014

I’ve heard many entrepreneurs deliver their pitch as if they’re auctioning off their grandmother’s antiques. This is a rookie mistake, but many entrepreneurs say this. I’ve seen so many pitches where the entrepreneur doesn’t even show their actual product. Pare it down to the essentials. Address competition head-on.

Sweat Equity 138

Sweat Equity Churn Rate Forecast Business Model 138

femgineer.com

JULY 18, 2010

If you’re a founder who is still trying to grasp the product roadmap and create a company vision its probably not a good time to hire an engineer. Sweat equity or salary? Its up to the entrepreneur to unleash their potential to accomplish great feats together.

Engineer 41

Engineer Software Review Startup Technical Review 41

ReadWriteStart

SEPTEMBER 18, 2012

Sometimes even the most dedicated, uber-competent entrepreneur doesn’t have everything it takes to ensure startup success. Kaviani co-founded CoFoundersLab less than tw Shahab o years ago with the aim of bringing entrepreneurs together to launch startups. LESONSKY : Then why not go it alone and hire the skills you need?

Cofounder 150

Cofounder Founder St. Louis Sweat Equity 150

Up and Running

JULY 10, 2018

own their own business —it’s actually the fastest growing segment of entrepreneurs, so if you’re a mom with dreams of being self-employed or starting your own business, you’re in good company. But more and more mothers are taking the plunge and pursuing their dreams of entrepreneurship. million women in the U.S.

Sweat Equity 73

Sweat Equity Social Media Lean Business Plan 73

www.chubbybrain.com

SEPTEMBER 28, 2011

We love a good entrepreneurial success story – entrepreneur as protagonist overcomes obstacles and builds a thriving, successful company (and become wealthy while doing so). Post-Mortem Title : My eHarmony for Hiring Failure. – made compromises in early hiring decisions – choose expediency over talent/competency.

Software Review 79

Software Review Startup Technical Review Vesting 79

Up and Running

JUNE 26, 2017

So many entrepreneurs have great ideas, yet what they need is an actionable plan for getting to the next level. Any entrepreneur, investor, or even editor will tell you the best businesses solve a problem. Entrepreneurs often base their decisions on an assumption, and they aren’t always right. The solution?

Sweat Equity 145

Sweat Equity Business Plan Naming eCommerce 145

Berkonomics

OCTOBER 15, 2020

Investors love it when entrepreneurs draw little or no money from their startups. If you had to replace yourself with a professional hired to duplicate your skills, what would you have to pay in salary and incentive today? That amount is almost always higher, much higher, than the amount budgeted for the entrepreneur.

Sweat Equity 62

Sweat Equity Equity Business Plan Balance Sheet 62

Growthink Blog

MAY 23, 2011

An entrepreneur starts a company in classic " bootstrap " fashion - with a combination of sweat equity and their own financial resources. The angel then introduces the entrepreneur to his or her wealthy friends and business connections who, based on the good reputation of the referring angel, also invest.

Angel Investor 112

Angel Investor Venture Capital Sweat Equity Cram Down 112

ReadWriteStart

SEPTEMBER 18, 2012

Sometimes even the most dedicated, uber-competent entrepreneur doesn’t have everything it takes to ensure startup success. Kaviani co-founded CoFoundersLab less than two years ago with the aim of bringing entrepreneurs together to launch startups. RIEVA LESONSKY: CoFoundersLab has been described as “eHarmony for entrepreneurs.”

Cofounder 110

Cofounder Founder St. Louis Sweat Equity 110

Scott Edward Walker

JUNE 23, 2011

As I discussed in my recent post “ How To Hire a Superstar Engineer for Your Startup ,” startups may not give employees “sweat equity” in lieu of any ongoing cash payment/salary; nor may startups defer wages and other compensation. university. Many thanks, Scott.

Accredited Investor 82

Accredited Investor Sweat Equity Los Angeles Finder 82

www.virtuosimedia.com

MARCH 8, 2012

Here’s a typical situation that goes awry: An entrepreneur has an idea for something online and after talking to a few friends who like it, decides to try to turn the idea into a business. Hire someone to do a working prototype/proof-of-concept. This is where it starts to fall apart. At this point, everyone loses.

Technical Cofounder 41

Technical Cofounder Cofounder Technical Review NDA 41