Startup Professionals Musings

AUGUST 31, 2012

Make sure your plan answers every relevant question that you could possibly imagine from your business partners, spouse, and potential investors. Don’t expect them to believe your $100M revenue projection, if you are still waiting for the first revenue dollar. Get a real customer and real revenue. Only real results count.

Intellectual Property 260

Intellectual Property Sweat Equity CTO Hire Fractional CTO 260

Startup Professionals Musings

JUNE 17, 2011

Make sure your plan answers every relevant question that you could possibly imagine from your business partners, spouse, and potential investors. Don’t expect them to believe your $100M revenue projection, if you are still waiting for the first revenue dollar. Get a real customer and real revenue. Only real results count.

Intellectual Property 253

Intellectual Property Sweat Equity CTO Hire Fractional CTO 253

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. If the company has been around for more than a couple of years, and still has no product or revenue flow, there better be a good explanation. When did this effort really start, including pivots?

Sweat Equity 120

Sweat Equity Burn Rate Technical Review Intellectual Property 120

Startup Professionals Musings

APRIL 8, 2015

Most founders like to talk about their many months or years of sweat-equity , but cash invested is a stronger commitment. If the company has been around for more than a couple of years, and still has no product or revenue flow, there better be a good explanation. When did this effort really start, including pivots?

Technical Review 120

Technical Review Due Diligence Sweat Equity Burn Rate 120

Startup Professionals Musings

MAY 22, 2010

Make sure your plan answers every relevant question that you could possibly imagine from your business partners, spouse, and potential investors. Don’t expect them to believe your $100M revenue projection, if you are still waiting for the first revenue dollar. Get a real customer and real revenue. Only real results count.

Intellectual Property 222

Intellectual Property Sweat Equity CTO Hire Fractional CTO 222

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

socialmatchbox.com

OCTOBER 23, 2010

Another option is sweat equity. It is important to realize that most people who are willing to work for sweat equity are not a) the best, b) in demand, and c) going to put their heart and soul into your project. Motivation to work for sweat equity is something else that founders tend to take for granted.

Part-Time VPE 41

Part-Time VPE Sweat Equity DC Washington 41

Austin Startup

JUNE 26, 2019

We tried, and opted out of, potentials for pivots; we pitched for game-changing partners and acquisitions that did not ultimately convert. I recruited a top-flight engineer and serial entrepreneur to build our MVP, on equity?—?and You might notice what’s not on that list above: revenue, investors. We pitched. And we pitched.

Silicon Valley 54

Silicon Valley Startup B2C Sweat Equity 54

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. Favor profitability over revenue and user growth. Use your equity for key executives and business partners.

Bootstrapping 120

Bootstrapping Hockey Stick Sweat Equity Intellectual Property 120

Startup Professionals Musings

AUGUST 13, 2012

Clearly define the customer, channel, and revenue model associated with this solution. In this section, you need to be passionate about revenue, profit, and volume growth. Many people seem to use the social network advertising model for revenue, but forget it assumes at least 100M users and $50M investment. Funding requirements.

Business Plan 283

Business Plan Sweat Equity Exit Strategy Intellectual Property 283

Startup Professionals Musings

FEBRUARY 13, 2016

You need to identify pricing details, sales channels, strategic partners and a customized marketing plan consistent with your industry and target segment. How big is the funding request, and how much equity will you give? Quantify founder investments, both cash and sweat-equity.

Sweat Equity 120

Sweat Equity Advisory Board Liquidity Event Startup 120

Startup Professionals Musings

MAY 13, 2011

Clearly define the customer, channel, and revenue model associated with this solution. In this section, you need to be passionate about revenue, profit, and volume growth. Many people seem to use the social network advertising model for revenue, but forget it assumes at least 100M users and $50M investment. Funding requirements.

Business Plan 290

Business Plan Sweat Equity Exit Strategy Intellectual Property 290

Up and Running

DECEMBER 23, 2019

Sweat Equity. “I Additionally, I found some trusted partners who had solid backgrounds to join me. Having partners cuts down on the initial risk of creating and funding your own business, and budgeting helps ensure that your capital will not run dry before you get on your feet.” – David Chen , Sharebert.

Finance 92

Finance Sweat Equity Bootstrapping Entrepreneur 92

Up and Running

FEBRUARY 12, 2019

Investors want to hear about your first customers, other investments put into the company (including your own sweat equity), key media placement, signed letters of intent (LOI) to purchase/partner, product and customer milestones , key hires, and so on. 160 is average revenue per user (ARPU). 5 percent monthly churn rate.

Sweat Equity 122

Sweat Equity Churn Rate Elevator Pitch Forecast 122

infochachkie.com

SEPTEMBER 24, 2011

Instead of hearing from your long lost third-cousin, you will be inundated with an avalanche of ‘congratulatory’ emails, calls and letters from people who want to relieve you of the burden of your hard-earned equity round. Many such ‘congratulations’ will come from consultants. Performance-based deals are healthy for all parties.

Equity 40

Equity Silicon Valley Cofounder Technical Review 40

Gust

AUGUST 5, 2012

Clearly define the customer, channel, and revenue model associated with this solution. In this section, you need to be passionate about revenue, profit, and volume growth. Many people seem to use the social network advertising model for revenue, but forget it assumes at least 100M users and $50M investment. Funding requirements.

Business Plan 182

Business Plan Sweat Equity Exit Strategy Intellectual Property 182

Austin Startup

JANUARY 30, 2020

We made it from nothing, built it up with sweat equity, do everything in our means to make this thing grow, and wait to see what happens. This also gave us legitimacy when we talk to potential customers, partners, advisers, and investors. Last summer, we found our business in this predicament.

Sweat Equity 63

Sweat Equity B2B B2C Business Model 63

Up and Running

AUGUST 19, 2014

The famed venture capitalist Peter Thiel once declared that the salary an entrepreneur collects from their startup is about a lot more than dollars and cents—it sets the precedent for the guiding force behind the company, among both internal staffers and equity shareholders. When you are confident you can and have paid everyone else.

Salary 119

Salary Sweat Equity Silicon Valley Sales Cycle 119

Startup Professionals Musings

APRIL 22, 2010

Clearly define the customer, channel, and revenue model associated with this solution. In this section, you need to be passionate about revenue, profit, and volume growth. Many people seem to use the social network advertising model for revenue, but forget it requires at least 100M users and $50M investment. Exit strategy.

Business Plan 186

Business Plan Exit Strategy Sweat Equity Intellectual Property 186

Up and Running

JANUARY 24, 2014

Investors want to hear about your first customers, other investments put into the company (including your own sweat equity), key media placement, signed letters of intent (LOI) to purchase/partner, product and customer milestones, key hires, etc. 160 is average revenue per user (ARPU). 1,000 new leads captured per month.

Sweat Equity 138

Sweat Equity Churn Rate Forecast Business Model 138

techcrunch.com

FEBRUARY 19, 2010

Researchers polled experts in lending, mezzanine capital, private equity, venture capital and private businesses themselves. Respondents deemed between 12%-16% of companies generating revenues to be essentially “worthless” and deemed 20%-26% of their pre-revenue investments to be “worthless.” Add to this that 72.7%

Venture Capital 62

Venture Capital Technical Review Sweat Equity Valuation 62

Gust

AUGUST 7, 2012

For example, I saw a founder tell investors, during a pitch session, that some investors screwed him and his previous partners were dishonest. Sweat equity can be a problem. They are not measured by the quantity of impressive graphics or the size of the revenue projections.

Business Plan 172

Business Plan Sweat Equity Salary Founder 172

www.virtuosimedia.com

MARCH 8, 2012

If the idea was reliant on ad revenue for profit, it quickly becomes apparent that there will be no incoming money at all. If your presentation is compelling and detailed enough, you might be able to get them to become a full partner. The situation becomes even worse if there is no marketing plan or budget. Red Flags Galore.

Technical Cofounder 41

Technical Cofounder Cofounder Technical Review NDA 41

www.chubbybrain.com

SEPTEMBER 28, 2011

The negativity either impacted investment funding (venture capital fell off a cliff in 2009) or the customers they were targeted as was the case for Untitled Partners who were building a platform for fractional art ownership. We were obviously wrong about Untitled Partners’ ability to grow through the subsequent downturn. #19

Cofounder 89

Cofounder Startup Technical Cofounder CTO Hire 89

Up and Running

APRIL 10, 2019

I know this from personal experience because my business partner and I did just that with our company, Louder.Online. It is simple to use, and it means that my business partner and I were able to act as HR without having to spend a lot of time on it. Setting up. The software boasts: Centralized employee information. OKR management.

Marketing 79

Marketing Bootstrapping Sweat Equity Harvest 79

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. With this capital, the company propels itself to $50 million+ in revenues, and to either a sale to a strategic acquirer or to an initial public offering.

Angel Investor 112

Angel Investor Venture Capital Sweat Equity Cram Down 112

Women Entrepreneurs Can

MAY 9, 2019

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. Scaling will increase the cost it takes to do business and it often does it before you’re able to generate additional revenue in the traditional way your company acquires sales.

Programming 40

Programming Sweat Equity Startup Private Equity 40

www.chubbybrain.com

SEPTEMBER 28, 2011

spent $20 million to get back to the same revenue that I had when I was CEO. created a vastly higher cost structure; I had 80 people mostly on base salaries under $100,000 and was bringing in revenue at the rate of $20 million annually. .”). Post-Mortem Title : Untitled Partners Post-Mortem. During this year they.

Software Review 79

Software Review Startup Technical Review Vesting 79

Hearpreneur

DECEMBER 10, 2016

All the sweat equity that comes with being an entrepreneur is all worth it when you see your business grow into the vision you had when you started. It all started when my childhood friend, who also became my business partner, suddenly died at the age of 27. Growing my business, is seeing hard work resulting in success.

Entrepreneur 48

Entrepreneur Sweat Equity Alabama LLC 48

Small Business Force

OCTOBER 14, 2016

Professional investors, be they angels, venture capital or private equity firms are always looking at far more deals than they could invest in. However you define it, be it eyeballs, customers, revenue, cash flow, what have you accomplished to date with your business? So, at the end of the day, you are selling.

Sweat Equity 20

Sweat Equity Private Equity Valuation Equity 20

www.thestartup.eu

OCTOBER 23, 2010

Home RSS About Contact Advertise Partners How to bootstrap a Startup with less than $10k. Sweat Equity: Juliette and Marco put in a bit of work during weekends as project managers, designers, developers, sysadmins, etc. And I would say half the effort, if not 75% is in creating the revenue model… Please do keep us posted!

Bootstrapping 49

Bootstrapping Italy Sweat Equity Europe 49

sivers.org

JUNE 25, 2010

Im a UX and front end designer bootstrapping my own products with pure sweat equity at night but always looking for someone else to partner with(engineer/programmer)to bring these ideas life. Would love to hear your insights sometime into how to partner with engineers. But you really arent getting a committed partner.

CTO Hire 84

CTO Hire Hiring Software Review Technical Review 84

Small Business Force

AUGUST 22, 2009

Your business is typically the single largest element of your asset base and estate, often with both real capital tied up and huge amounts of sweat equity invested. You've built relationships with partners, employees, and customers that are nearly family-like. Have you been approached by a prospective buyer or merger partner?

Valuation 20

Valuation Sweat Equity Merger Sales 20

Small Business Force

AUGUST 22, 2009

Your business is typically the single largest element of your asset base and estate, often with both real capital tied up and huge amounts of sweat equity invested. And it's probably been the center of your life, with relationships that have been built with partners, employees and customers that are nearly family-like.

Entrepreneur 20

Entrepreneur Valuation Sweat Equity Merger 20