ReadWriteStart

JANUARY 20, 2020

Construction, utilities, transportation, retail, finance, insurance and real estate startups are industries that hit hardest on startups with an average failure rate among them of 40%. That was before we even discussed the required software development. Failure rate increases to 34% in total by year two. 53% by year four.

Sweat Equity 107

Sweat Equity Non-Compete Startup Azure 107

ReadWriteStart

JANUARY 20, 2020

That was before we even discussed the required software development. I have close friends in accounting and finance that have tapped into newer businesses and taken the ride with them as they have doubled and then doubled again. Making it the focal point of any outbound marketing campaign is ill advised, however.

Sweat Equity 78

Sweat Equity Non-Compete Startup Azure 78

rapidrollout.wordpress.com

OCTOBER 23, 2010

How can I go about looking for a (very) good programmer willing to do this as sweat equity? In the process of gathering feedback, you’re beginning to develop a network of advisers and supporters. Or you can find seed-stage investors who will give you the money to hire a developer. So you see my dilemma.

Technical Review 40

Technical Review Fractional CTO Partner CTO Hire 40

www.virtuosimedia.com

MARCH 8, 2012

Software development is like an iceberg – 90% of it is under the surface. It’s simply an untenable situation to expect the technical co-founder to assume the full burden of risk through sweat equity. Unrealistic expectations – No, I can’t build a Facebook clone in a week.

Technical Cofounder 41

Technical Cofounder Cofounder Technical Review NDA 41