Startup Professionals Musings

SEPTEMBER 25, 2023

The average amount per startup has been $23,000, usually in the form of a convertible loan, rather than an equity investment. The vehicle of choice is most often a convertible note, which is really a loan with a specified duration and interest, with an option to convert it to equity when professional investors come in later.

Sweat Equity 274

Sweat Equity Elevator Pitch Startup Equity 274

Startup Professionals Musings

JUNE 20, 2016

Even if your product is a technological marvel, I look for balanced strength on the team in finance, marketing and operations. Investors all know that the startup road is long and hard, so they look for people who have put and will continue to put “skin in the game” -- time, sweat equity, and money. Build your dream team early.

Sweat Equity 152

Sweat Equity Entrepreneur Elevator Pitch Software Review 152

Startup Professionals Musings

MAY 1, 2021

Aspiring entrepreneurs ask me why their great idea hasn’t sold; they talk about it endlessly, and they expect others to do the development, finance, and marketing work for them. Those at the other extreme don’t look up from the grindstone long enough to notice whether all their work is producing sweat equity or just sweat.

Sweat Equity 400

Sweat Equity Intellectual Property Startup Viral 400

Startup Professionals Musings

FEBRUARY 11, 2023

That’s why all those so-called million dollar ideas I hear about as an investor don’t get me excited, and entrepreneurs find that working twenty hours a day often generates nothing more than sweat, instead of the desired sweat equity. Even with the perfect product, your customers won’t even know you exist without marketing.

Sweat Equity 296

Sweat Equity Startup Salary Viral 296

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. Use your equity for key executives and business partners. Bootstrapping doesn’t mean that you don’t share equity.

Hockey Stick 423

Hockey Stick Bootstrapping Sweat Equity Intellectual Property 423

Startup Professionals Musings

MARCH 16, 2016

I’m not recommending that you saturate your discussions with lingo, but responding with a blank stare once-too-often won’t convince anyone that you can build the next world-changing business or outpace the market. Sweat equity. Equity crowdfunding. Growth-hacking” marketing. It’s a term of respect and endearment.

Software Review 120

Software Review Sweat Equity Accredited Investor Angel Investor 120

Startup Professionals Musings

JANUARY 11, 2021

The average amount per startup has been $23,000, usually in the form of a convertible loan, rather than an equity investment. The vehicle of choice is most often a convertible note, which is really a loan with a specified duration and interest, with an option to convert it to equity when professional investors come in later.

Sweat Equity 346

Sweat Equity Elevator Pitch Equity Venture Capital 346

Startup Professionals Musings

SEPTEMBER 30, 2013

For a business, you must define the absolute minimum features you need to satisfy the customer problem, and test it in the market. Investors like to see that you have committed personal funds as well as “sweat equity,” and they like to see real progress at this level. Show personal investment.

Intellectual Property 281

Intellectual Property Entrepreneur Sweat Equity CTO Hire 281

Up and Running

FEBRUARY 6, 2017

One of the first things to go, in most budgets, is marketing. After all, sweat equity can make up for a trim marketing budget, but it would be hard to make up for cuts in product development and customer service without sacrificing customer experience. Resources for the first-time, do-it-yourself online marketer.

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Sweat Equity Equity Sales PR 60

Startup Professionals Musings

MAY 16, 2020

That’s why all those so-called million dollar ideas I hear about as an investor don’t get me excited, and entrepreneurs find that working twenty hours a day often generates nothing more than sweat, instead of the desired sweat equity. Even with the perfect product, your customers won’t even know you exist without marketing.

Sweat Equity 435

Sweat Equity Salary Viral Leadership 435

YoungUpstarts

SEPTEMBER 23, 2017

Deciding whether to increase money or trade equity in the business for much needed assistance, could be a tough call. I raised money and traded equity, but with my venture, I had to make one of the toughest decisions, to build it with some assistance of co-founders. Both the choices tend to take away a few options. Plan, Plan and Plan.

Cofounder 124

Cofounder Sweat Equity Equity Dilution 124

Startup Professionals Musings

JANUARY 14, 2022

You really need a partner who is complementary, and can tackle the operational roles, like marketing, finance, and sales. I’ll put in the money, if you put in the sweat equity.” and the answer better not be ambiguous. “We We are so alike, we finish each other’s sentences.” Most startups can’t afford that.

Partner 351

Partner Cofounder Sweat Equity Startup 351

Startup Professionals Musings

AUGUST 31, 2012

For a business, you must define the absolute minimum features you need to satisfy the customer problem, and test it in the market. Investors like to see that you have committed personal funds as well as “sweat equity,” and they like to see real progress at this level. Show personal investment.

Intellectual Property 260

Intellectual Property Sweat Equity CTO Hire Fractional CTO 260

Startup Professionals Musings

JUNE 17, 2011

For a business, you must define the absolute minimum features you need to satisfy the customer problem, and test it in the market. Investors like to see that you have committed personal funds as well as “sweat equity,” and they like to see real progress at this level. Show personal investment.

Intellectual Property 253

Intellectual Property Sweat Equity CTO Hire Fractional CTO 253

Startup Professionals Musings

MAY 22, 2010

For a business, you must define the absolute minimum features you need to satisfy the customer problem, and test it in the market. Investors like to see that you have committed personal funds as well as “sweat equity,” and they like to see real progress at this level. Show personal investment.

Intellectual Property 222

Intellectual Property Sweat Equity CTO Hire Fractional CTO 222

socialmatchbox.com

OCTOBER 23, 2010

These days sales, marketing and PR people seem to grow on trees. If they charge well above the market average then they are usually either greedy or motivated to do something on their own that you are basically funding. You are probably wondering how do I know if they are asking for more than the market rate or not?

Part-Time VPE 41

Part-Time VPE Sweat Equity DC Washington 41

Up and Running

NOVEMBER 20, 2018

If you need to learn more about digital marketing, take an online class—just take small steps toward the things that seem overwhelming. Much has changed since Edison’s day, but sweat equity is still the most effective kind of startup capital. You don’t have to solve everything all in one day. Practical ways to get started.

Sweat Equity 93

Sweat Equity Startup Lean Italy 93

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. So when is equity OK?

Equity 40

Equity Developer Entrepreneur Syndicate 40

Both Sides of the Table

APRIL 19, 2011

Good listener, take in information, • Have pulse on what the market wants (hard to train that) cannot take this from customers only. If you need money to even hire a developer [means you cannot even excite one person to put in some sweat equity – not a good sign about your ability to motivate people.].

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Acquisition Warrant Customer Term Sheet 304

discuss.joelonsoftware.com

NOVEMBER 1, 2010

where I can learn about how to build a sweat equity team? After 14 years of trying to do most of it myself, Im ready to build a team, and aggressively build market share in a niche that I believe my competitors have neglected. Rather, it is a proposal for sweat-equity investors. The gist: 1. Go to user groups.

Sweat Equity 40

Sweat Equity Equity Angel Investor Affiliate 40

Startup Professionals Musings

APRIL 10, 2019

You really need a partner who is complementary, and can tackle the operational roles, like marketing, finance, and sales. I’ll put in the money, if you put in the sweat equity.” and the answer better not be ambiguous. “We We are so alike, we finish each other’s sentences.” Most startups can’t afford that.

Partner 177

Partner Sweat Equity Cofounder Equity 177

David Teten

MARCH 9, 2021

One or more of our past coworkers are joining us in this new business, and working for sweat equity.”. We’re a great fit for this market, because ” . If we meet you over a period of a month, we’ll notice what happens during that month. We hired a coach to help make us a world-class team.” . Current status .

Sweat Equity 78

Sweat Equity Equity Metrics Demand 78

ReadWriteStart

DECEMBER 29, 2010

The market is larger, less fragmented, the consumers are earlier adopters. Unsurprisingly, this seems to weed out the less passionate people, while encouraging others to put in sweat equity in their own ideas. Foreign markets seem to be an afterthought, space for local startups and copycats. Access to Finance.

Silicon Valley 156

Silicon Valley Finland Sweat Equity Entrepreneur 156

The Startup Magazine

JANUARY 10, 2023

The enhanced water market is growing as customers are more and more frequently seeking healthier flavored beverages over those that are sugar-filled and artificially flavored. Lemon Perfect’s success comes at a price: Hufnagel and his employees are willing to pay with sweat equity. It works. “We That drives me.”.

Hiring 131

Hiring Founder Sweat Equity Cofounder 131

Startup Professionals Musings

MAY 18, 2013

Aspiring entrepreneurs ask me why their great idea hasn’t sold; they talk about it endlessly, and they expect others to do the development, finance, and marketing work for them. Those at the other extreme don’t look up from the grindstone long enough to notice whether all their work is producing sweat equity or just sweat.

Sweat Equity 251

Sweat Equity Intellectual Property Startup Viral 251

Startup Professionals Musings

APRIL 29, 2012

Aspiring entrepreneurs ask me why their great idea hasn’t sold; they talk about it endlessly, and they expect others to do the development, finance, and marketing work for them. Those at the other extreme don’t look up from the grindstone long enough to notice whether all their work is producing sweat equity or just sweat.

Sweat Equity 256

Sweat Equity Intellectual Property Entrepreneur Viral 256

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. Use your equity for key executives and business partners. Bootstrapping doesn’t mean that you don’t share equity.

Bootstrapping 120

Bootstrapping Hockey Stick Sweat Equity Intellectual Property 120

Austin Startup

SEPTEMBER 19, 2017

For startup founders, it’s never too early to start thinking about putting together a target market advisory board. The target market advisory board should consist of 2–4 industry veterans who have connections to C-level execs and VPs in your target market. Target market advisors can help add to your credibility.

Advisory Board 48

Advisory Board Sweat Equity Marketing Vertical 48

YoungUpstarts

MAY 16, 2018

Commit to plowing as much sweat equity as you can muster into your eventual choice. When [Gull Harbour Marina] came on the market, we jumped at the opportunity,” says Manitoba-based hospitality entrepreneur David Janeson , whose lakefront inn has earned rave reviews since its 2016-17 renovation. Hold Out for the Ideal Setting.

Sweat Equity 124

Sweat Equity Entrepreneur Equity Hosting 124

Startup Professionals Musings

APRIL 8, 2017

You really need a partner who is complementary, and can tackle the operational roles, like marketing, finance, and sales. I’ll put in the money, if you put in the sweat equity.” and the answer better not be ambiguous. “We We are so alike, we finish each other’s sentences.” Most startups can’t afford that.

Partner 149

Partner Cofounder Sweat Equity Startup 149

Austin Startup

JULY 23, 2010

In obvious keeping with the rule of “necessity as the mother of invention,&# Dave first felt compelled to build 1TeamWeb because he couldn’t find anything else on the market that met his functionality needs and price range.

Sweat Equity 60

Sweat Equity Technical Review Software Review Austin 60

Startup Professionals Musings

FEBRUARY 13, 2016

Investors are looking for a concise description of your product or service without technical jargon or fuzzy marketing terms with value quantified in customer terms. How big and growing is the total market and your target segment? They like billion-dollar markets with double-digit growth rates.

Sweat Equity 120

Sweat Equity Advisory Board Liquidity Event Startup 120

Startup Professionals Musings

DECEMBER 12, 2013

You really need a partner who is complementary, and can tackle the operational roles, like marketing, finance, and sales. I’ll put in the money, if you put in the sweat equity.” and the answer better not be ambiguous. “We We are so alike, we finish each other’s sentences.” Most startups can’t afford that.

Cofounder 240

Cofounder Founder Sweat Equity Startup 240

YoungUpstarts

SEPTEMBER 15, 2018

Your Market Valuation May Differ from Your Worth. You might as well have all your liquid assets and sweat equity in place but if you are unable to raise money for your business beyond the valuation which has been stated by your investors ($ 1.5 Now your investors might as well tell you that your business is worth $ 1.5

Pre-Money Valuation 124

Pre-Money Valuation Valuation Sweat Equity Startup 124

Startup Professionals Musings

JUNE 1, 2015

The average amount per startup was $23,000, usually in the form of a convertible loan, rather than an equity investment. The vehicle of choice is most often a convertible note, which is really a loan with a specified duration and interest, with an option to convert it to equity when professional investors come in later.

Sweat Equity 120

Sweat Equity Entrepreneur Elevator Pitch Equity 120

YoungUpstarts

NOVEMBER 1, 2016

If you can keep costs low while repairing and time the market properly, you could end up with a decent profit for your efforts. A lot of the profits from house flipping stem from sweat equity. Usually the whole cycle takes a few months to complete. Homeowners lose their property because of mortgage defaults.

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Sweat Equity .Net Equity Cost 100

Startup Professionals Musings

APRIL 2, 2016

That’s why all those so-called million dollar ideas I hear about as an investor don’t get me excited, and entrepreneurs find that working twenty hours a day often generates nothing more than sweat, instead of the desired sweat equity. Even with the perfect product, your customers won’t even know you exist without marketing.

Sweat Equity 120

Sweat Equity Salary Startup Viral 120