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.

Sweat Equity 152

Sweat Equity Entrepreneur Elevator Pitch Software Review 152

Startup Professionals Musings

SEPTEMBER 22, 2011

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.

Sweat Equity 255

Sweat Equity Technical Review Entrepreneur Bootstrapping 255

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.

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Sweat Equity Intellectual Property Startup Viral 400

Gust

DECEMBER 15, 2013

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.

Bootstrapping 183

Bootstrapping Sweat Equity Entrepreneur Technical Review 183

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.

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Partner Cofounder Sweat Equity Startup 351

YoungUpstarts

SEPTEMBER 23, 2017

However, with proper planning, the right resources and tools, and co-founders who share the same vision as yours, you can certainly start your own business without having to raise money and give up equity. If you are having any issues with cash flow, you always have the option of opting for alternate business finance.

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Cofounder Sweat Equity Equity Dilution 124

YoungUpstarts

JULY 6, 2020

It’ll cost you some sweat equity and time, but the extra income will help you chip away debt. To keep reading about personal finance, keep scrolling through our blog for more articles. Understand that failure to make payments can result in the foreclosure of your home. Start a Side Business.

Sweat Equity 173

Sweat Equity Equity Security Finance 173

Up and Running

DECEMBER 23, 2019

One of the most important decisions a new business owner can make is how they’re going to finance their venture. . Sweat Equity. “I You can use your own savings to fund your company and move to a cheaper area to save money.

Finance 92

Finance Sweat Equity Bootstrapping Entrepreneur 92

Up and Running

NOVEMBER 20, 2018

For example, if finances are challenging and you notice that you avoid reviewing them, use a business planning and ongoing financial management tool with a dashboard so you can see where you are without getting bogged down in spreadsheets. Use tools that can help you manage the challenging aspects of your business.

Sweat Equity 93

Sweat Equity Startup Lean Italy 93

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

ReadWriteStart

DECEMBER 29, 2010

Unsurprisingly, this seems to weed out the less passionate people, while encouraging others to put in sweat equity in their own ideas. Access to Finance. More events, money and startups, means more competition, making it all the more necessary to stand out by hiring outstanding people, being more ambitious, more risk-taking.

Silicon Valley 156

Silicon Valley Finland Sweat Equity Entrepreneur 156

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

The Startup Toolkit

AUGUST 29, 2012

I think it’s acceptable (but far from ideal) if you plan to bootstrap or self-finance the entire company until it’s profitable. Version 1 is funded through sweat, not cash. Idea + product - team = Nothing. So is there ever a time when it’s wise to hire out your prototype?

Sweat Equity 45

Sweat Equity Bootstrapping Equity Salary 45

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 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

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

Startup Professionals Musings

NOVEMBER 8, 2012

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 244

Cofounder Founder Sweat Equity Partner 244

Startup Professionals Musings

SEPTEMBER 3, 2011

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 239

Cofounder Founder Sweat Equity Startup 239

Startup Professionals Musings

NOVEMBER 12, 2010

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 222

Sweat Equity Intellectual Property Viral Salary 222

Startup Professionals Musings

AUGUST 4, 2010

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 207

Cofounder Founder Sweat Equity Startup 207

Startup Professionals Musings

JUNE 2, 2011

By John Williams Fast Company magazine recently reported that PayPal founder Paul Thiel is giving away $100,000 to twenty-four young men and women to finance startup businesses. For most of us, though, the idea of investors or even securing financing may as well go the way of the corporate ladder.

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Sweat Equity Startup Angel Investor Seed Money 231

Growthink Blog

MAY 23, 2011

The typical wisdom regarding the appropriate financing course for a new company goes as follows: 1. An entrepreneur starts a company in classic " bootstrap " fashion - with a combination of sweat equity and their own financial resources. My suggestions for the investors seeking emerging companies to back?

Angel Investor 112

Angel Investor Venture Capital Sweat Equity Cram Down 112

Up and Running

FEBRUARY 5, 2010

I like this summary by Asheesh Avani, who’s a brilliant strategist and a true expert on the ins and outs of small business and startup financing. Ownership belongs with those who are fully dedicated to the company. Asheesh founded Circle Lending, which was purchased by the Richard Branson group and is now Virgin Lending.

Equity 60

Equity Sweat Equity Cofounder Startup 60

crowdSPRING Blog

NOVEMBER 25, 2012

SM is cheap, fast, flexible, powerful and, with an investment of sweat equity, can bring meaningful returns to a small business. Many small businesses have turned to a DIY approach to branding and have leveraged the social media as the foundation for their efforts. Let it all hang out !

Small Business 121

Small Business Social Media Sweat Equity Startup 121

Rob Go

APRIL 22, 2014

Mainly, they revolve around the signaling and reduced optionality that the entrepreneur may give up by hitching themselves to one firm over others even if that firm has no official rights associated with financing that entrepreneur’s company. Avoid the temptation to play VC.

Sweat Equity 72

Sweat Equity Venture Capital Silicon Valley Differentiation 72

www.virtuosimedia.com

MARCH 8, 2012

It’s simply an untenable situation to expect the technical co-founder to assume the full burden of risk through sweat equity. Good financial situation - Personal finances also affect relationships and they can do a lot of damage absent a relationship as well. Check out our most recent business articles and resources.

Technical Cofounder 41

Technical Cofounder Cofounder Technical Review NDA 41

Tim Keane

APRIL 12, 2006

What’s your attitude about “next round” financing? The percentage owned by the entrepreneur after the investment has been made is the “sweat equity” that represents the work the entrepreneur has done to get to this point. What’s your attitude about “next round” financing? A list of possible answers: 1.

Entrepreneur 60

Entrepreneur Valuation Sweat Equity Common Stock 60

Austin Startup

JUNE 26, 2019

As we self-funded on a tiny amount of cash, sweat equity and vision, we also worked in a methodical manner, moving the ball down the field week by week. No revenue isn’t always a problem for venture-style businesses; no investors + no revenue = challenges for most founders without tremendous self-funding.

Silicon Valley 54

Silicon Valley Startup B2C Sweat Equity 54

philipsmith.typepad.com

SEPTEMBER 24, 2011

It usually takes one bad experience for people to understand that working for sweat equity is a bit 'stinky' - fool me once, shame on you, but fool me twice, shame on me. That's why it makes sense to get some combination of cash/deferred cash and equity, if you can.

Silicon Valley 40

Silicon Valley Equity Technical Review Recapitalization 40

rapidrollout.wordpress.com

OCTOBER 23, 2010

How can I go about looking for a (very) good programmer willing to do this as sweat equity? It’s common for a college student to do a sweat equity partnership with another college student. So you see my dilemma. Which avenues would you suggest I should take? Is Your Partner a College Student?

Technical Review 40

Technical Review Fractional CTO Partner CTO Hire 40

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. You Trust Your Team. Solid choices in co-founders can make or break a company’s success. Solid Organizational Processes.

Programming 40

Programming Sweat Equity Startup Private Equity 40

www.chubbybrain.com

SEPTEMBER 28, 2011

Don’t exacerbate the issue by needing to figure out how to deal with a large equity deadweight on your hands (investors won’t like that the #2 stakeholder is absent, even estranged, from your company). So, the best way of dealing with this issue is to take a long, long vesting period for all major sweat equity founders.

Software Review 79

Software Review Startup Technical Review Vesting 79

techcrunch.com

FEBRUARY 19, 2010

Tweet View Comments Sarah Lacy Feb 19, 2010 Pepperdine has a new study out that attempts to shed some light on the clubby, shadowy world of private finance. Researchers polled experts in lending, mezzanine capital, private equity, venture capital and private businesses themselves. Think Again. This has been the case for decades.

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Venture Capital Technical Review Sweat Equity Valuation 62