Startup Professionals Musings

AUGUST 26, 2019

As an advisor to business owners, and an occasional angel investor, my job is to separate the actual challenges from the common misconceptions that distract many promising entrepreneurs while building the leadership team required for your solution, marketing, and finance success. Partner with experts who share the risk.

Bandwidth 246

Bandwidth Software Review Salary Angel Investor 246

Startup Professionals Musings

JULY 16, 2017

In fact, I would broaden the definition of partner from co-founder to “business partner.” The reason is that good attributes apply equally well to “external” partners, as they do to internal partners, like a co-founder or CTO. Neither partner needs to be managed. Some people are too independent to be partner material.

Partner 140

Partner Software Review CTO Hire Cofounder 140

Startup Professionals Musings

FEBRUARY 8, 2013

A while back I talked about how and where to find a co-founder in “ For a Startup, Two Heads are Always Better Than One.” In this context, I’m broadening the definition of partner from co-founder to “business partner.” In this context, I’m broadening the definition of partner from co-founder to “business partner.”

Partner 258

Partner Software Review CTO Hire Equity 258

YoungUpstarts

JANUARY 11, 2021

by Swapnil Shinde, Co-Founder and CEO of Zeni. To avoid these common pitfalls — and set up your finances to support your business as it grows — follow these four accounting tips for startups and small businesses. If you want your business to grow, it’s vital to have the right financial foundation.

Small Business 208

Small Business Startup Cofounder Vertical 208

Both Sides of the Table

DECEMBER 11, 2022

There were startups and a software industry but barely. SEEING THINGS FROM THE VC SIDE OF THE TABLE While I was a VC in 2007 & 2008 those were dead years because the market again evaporated due the the Global Financial Crisis (GFC). There was no money train. It was 1991. We still loved every moment.

Valuation 466

Valuation San Francisco Ratchet Liquidation Preference 466

Up and Running

JULY 28, 2022

Partnership – Formed by two or more owners in agreement on how to start, manage and operate a business. You are required to change/replace your EIN if there has been a change in tax status, business name, address, management, and ownership. Still, you can use accounting software or work with a tax professional.

Small Business 167

Small Business Intellectual Property Cofounder Software Review 167

ReadWriteStart

NOVEMBER 20, 2023

Review Your Software Subscriptions “Reviewing your software subscriptions can be a quick way to reduce costs. ” — Phil Norton, Founder of Leave Dates In today’s digital age, software subscriptions have become integral to business operations. ” — Carl Jenson, Founder of Compare Bank.

Software Review 138

Software Review Technical Review Retention Cost 138

YoungUpstarts

APRIL 16, 2020

When is the next payroll due? Purchase of fixed assets like machines, vehicles, real estate, or capitalized software. For example, a rapidly growing business is often purchasing lots of inventory, investing in fixed assets, and not managing their accounts receivable. Is it enough to cover payroll? Owner cash infusion or loan.

Recapitalization 200

Recapitalization Forecast Software Review Finance 200

YoungUpstarts

MARCH 22, 2019

So you have a great business idea, you’ve done your research and due diligence, you know your market and you are good at what you do. One-stop-shop” accounting software. Again this can be managed by implementing a strong accounting software program. For the self employed, software needs to be fit for purpose.

Software Review 176

Software Review Due Diligence Startup Stock 176

YoungUpstarts

AUGUST 10, 2017

by Mark Gilbert, founder and CEO of MBS Accounting Technology & Advisory. Startups don’t demonstrate due diligence. These software programs are more efficient for managing a company’s finances. These accounting software programs were designed to scale the financials with the business.

Software Review 124

Software Review Technical Review Due Diligence Startup 124

Startup Professionals Musings

JUNE 29, 2011

A while back I talked about how and where to find a co-founder in “ Ten Steps in Choosing the Right Startup Partner ”. In this context, I’m broadening the definition of partner from co-founder to “business partner.” In this context, I’m broadening the definition of partner from co-founder to “business partner.”

Partner 240

Partner Software Review CTO Hire Fractional CTO 240

Gust

APRIL 13, 2014

A while back I talked about how and where to find a co-founder in “ For a Startup, Two Heads are Always Better Than One ”. In this context, I’m broadening the definition of partner from co-founder to “business partner.” Does not need to be managed. Look at the big picture first of development, finance, and marketing/sales.

Partner 179

Partner Software Review CTO Hire Fractional CTO 179

YoungUpstarts

MAY 9, 2014

Once you have reviewed that resource and you have your bearings on what it takes to get started, you can start thinking about streamlining and implementing extensions of your business (think accounting and payroll, apps, ecommerce, etc). Best way to manage your social media – Hootsuite.

Management 167

Management Software Review eCommerce Entrepreneur 167

The Startup Magazine

APRIL 2, 2020

Be able to prove due diligence whenever you can. Remember that as the founder, the things you value trickle down to the other officers, managers, and employees of the company. Besides learning how to recognize good advice and heed it when necessary, you have another role to play as well.

Software Review 114

Software Review Intellectual Property Limited Liability Company IP 114

YoungUpstarts

AUGUST 20, 2019

by Chris Grey, co-founder and COO of CapLinked. The move to specific tools and software programs increases speed and accuracy of processes. Human Resources Management. Finance companies increasingly recognize that their people are the most valuable resource and need to be managed more thoughtfully as well as efficiently.

Technical Review 127

Technical Review Software Review Private Equity Cofounder 127

A Smart Bear: Startups and Marketing for Geeks

AUGUST 9, 2010

By definition, if you're a startup founder you're explicitly not your customer. founder Blogger & Twitter. "If If the VP of Marketing thinks the target customer is just like him/her, you're doomed." — Cranky Product Manager? Now: How many do you suppose are decent pieces of software that basically work? (My

Software Review 312

Software Review Part-Time VPE Houston Cofounder 312

Startup Professionals Musings

MAY 24, 2010

A week ago I talked about how and where to find a co-founder in “ How to Select an Ideal Startup Co-Founder ”. In this article, I’m broadening the definition of partner from co-founder to “business partner.” In this article, I’m broadening the definition of partner from co-founder to “business partner.”

Partner 230

Partner Software Review CTO Hire Fractional CTO 230

Both Sides of the Table

NOVEMBER 14, 2017

He came to work in our offices at Upfront Ventures as an EIR and immediately began building software to improve how storage was picked up, photographed, scanned and routed to a warehouse. Understanding how your company will change as you move through these phases is critical if you hope to scale to a large business one day.

Operations 286

Operations New York City Technical Review Startup 286

Startup Lessons Learned

OCTOBER 20, 2008

Lessons Learned by Eric Ries Monday, October 20, 2008 The engineering managers lament I was inspired to write The product managers lament while meeting with a startup struggling to figure out what had gone wrong with their product development process. This engineering manager is a smart guy, and very experienced.

Software Review 164

Software Review Engineer Management Technical Review 164

This is going to be BIG.

MAY 27, 2014

It was a company whose product I believed in and whose founder I liked, but a firm lobbed in a term sheet at a price 33% higher than what I had offered using a very light agreement meant for a much earlier stage company. Then, I read about the idiotic comments made by a co-founder of Rap Genius. Perhaps we all should. No, probably not.

Term Sheet 143

Term Sheet Founder Cofounder Software Review 143

Austin Startup

FEBRUARY 1, 2018

(Almost) everything you need to know (but are afraid to ask) before you wistfully ask a product manager to coffee so they will help you find a job. TL;DR Product management is a unique and poorly understood discipline, especially as it applies to software and other tech-related companies.

Management 85

Management Product Technical Review Software Review 85

YoungUpstarts

MAY 27, 2019

by Christopher Grey, co-founder and COO of CapLinked. They were promised that their hard work and diligence will earn them an attractive job and a high chance of success. Often young founders don’t think about basic concepts like unit economics, which is selling something for more than what it costs to make.

Cofounder 170

Cofounder Private Equity Software Review Equity 170

YoungUpstarts

JUNE 10, 2019

by Nik Williams, Managing Director of Shredall SDS Group. Businesses of all shapes and sizes are always looking for ways to innovate and increase their productivity by investing in the latest tools, software and training programs. Stress management starts with organisation,” Chris Robertson, Creditsafe’s UK CEO explains.

Software Review 212

Software Review Security Social Media Cost 212

YoungUpstarts

JULY 21, 2019

You can find free software on the internet that does almost the same thing as your subscription-based software. Review if you need the extra perks of the costlier alternative, and see if you can make do with the cheaper one. If you and your co-founder(s) are friends, why not work on your home instead? Stay online.

Software Review 191

Software Review Entrepreneur Cost Cofounder 191

David Teten

AUGUST 19, 2019

RBI normally requires founders to pay back their investors with a fixed percentage of revenue until they have finished providing the investor with a fixed return on capital, which they agree upon in advance. For background, see Revenue-Based Investing: A New Option for Founders who Care About Control. Alternative Capital. “

Revenue 60

Revenue Technical Review Software Review Equity 60

Both Sides of the Table

JUNE 30, 2016

Amongst the most often asked questions I get from founders is, “How much money should I raise?” Reflexively founders want to raise as much money as they can because they figure it will give them more resources, better chances of competing and a longer runways before they have to do the often painful job of asking, yet again, for money.

Pre-Money Valuation 292

Pre-Money Valuation Valuation Early Stage Startup 292

Both Sides of the Table

JANUARY 6, 2014

When you first start your company and raise initial venture capital your board probably consists of 1-3 founders and 1-2 VCs. Most experienced VCs won’t push you to give up founder control at this stage of the business nor should they. Reviewing financial & operational performance. Founder’s perspective.

Technical Review 325

Technical Review Early Stage Software Review Los Angeles 325

Startup Professionals Musings

JUNE 20, 2016

Thus the top priority of every entrepreneur who wants funding should be to build and highlight their “dream team” of co-founders, executives and advisers, to attract the biggest and best investors. If your team has a depth of expertise in software, that won’t help you get funding for a new hardware solution.

Sweat Equity 152

Sweat Equity Entrepreneur Elevator Pitch Software Review 152

Austin Startup

NOVEMBER 1, 2017

The Financier (Finance Manager): Assesses the viability & profitability of the business and product — This is vital when looking for investors. Additionally, your Finance Manager should understand the relationship between data, decisions, and people. It’s an arduous process and takes some skill.

Software Review 54

Software Review Technical Review CTO Hire San Antonio 54

ReadWriteStart

MAY 22, 2012

When it comes to financing a brand-new startup, most founders find themselves stuck between the proverbial rock and hard place. I’m seeing more people using credit cards for financing,” says David Worrell, founding partner of Rock Solid Finance , which helps business owners find solutions to their financing problems.

Technical Review 118

Technical Review Software Review Angel Investor Startup 118

Hunter Walker

JUNE 7, 2014

Founders are building small, focused teams based on people they worked with previously and referrals from their networks. While I’m sure TechCrunch and other publications are at or near record traffic levels, the influence is more diffuse these days due to wide number of tech blogs and reach of personal/social media.

Technical Review 117

Technical Review CTO Hire Finance Stealth 117

YoungUpstarts

OCTOBER 23, 2017

by Joe Duncan, founder of Duncan Capital LP. To dig deeper, let’s first review the influence of technology on the core components. Morgan Stanley predicts that Robo Advisors will manage $6.5 Fintech is triggering a profound rethink for financial institutions, from retail to investment banking. Research and Trading. Compliance.

Technical Review 154

Technical Review Artificial Inteligence Software Review IPO 154

Hearpreneur

JANUARY 20, 2021

Thanks to Olivia Summerhill, Summerhill Wealth Management ! #2- The trends shifting in the eLearning sector due to the influence of COVID 19 on schools and colleges across the United States and the world are shifting to a hybridized-online and in-person format. 2- Hybridized-online and in-person format. Photo Credit: Kurt Bodenstedt.

Entrepreneur 149

Entrepreneur United States Software Review Technical Review 149

YoungUpstarts

OCTOBER 28, 2015

This article highlights their advice on issues ranging from financing to patent trolls: While startups may believe lawyers are too costly, working with one early on avoids potentially serious problems later. ” The Cost of Financing. In a Series A financing, companies must pay the investors’ lawyers as well as their own.

Convertible Security 100

Convertible Security IP Technical Review Software Review 100

ReadWriteStart

JUNE 1, 2020

Any custom manufactured IoT device would require software development as well as hardware customization. Under this category, you have the angel investors who would invest their own money and Venture Capital or VC firms, who manage funds aimed towards specific startup sectors and stages. Both of which are expensive and time-consuming.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Up and Running

AUGUST 30, 2021

It’s difficult to be an entrepreneur — whether you’re a recent college graduate or have managed multiple companies. Entrepreneurs have to get really comfortable with rejection, especially as a first-time founder. This is what most founders do. One of the top reasons startups fail is due to their team.

Entrepreneur 132

Entrepreneur Lean Colorado Engineer 132

David Teten

APRIL 1, 2021

Once you have assembled the right core team, I recommend prioritizing as follows: First, meet with your portfolio company management. As an agenda for each meeting, I suggest: – How can we most add value, in addition to helping with financing? I have developed a founder curriculum on my blog. AskAnything.VC

Private Equity 78

Private Equity Venture Capital Portfolio Equity 78