Startup Professionals Musings

OCTOBER 16, 2022

Supportive co-founder and executive positions. Often the Boomer is more willing to work for equity, and easily convinced to step aside when revenues reach that next threshold. They want to share your satisfaction in success, maybe as a reward for their own mistakes and learning earlier in life in their own businesses.

Advisory Board 368

Advisory Board Dividend Angel Investor Cofounder 368

Startup Professionals Musings

MAY 22, 2020

Every startup founder loves to prompt for questions from investors and potential key team members about their vision, and the huge opportunity that can be had with their disruptive technology. Most founders like to talk about their many months or years of sweat-equity , but cash invested is a stronger commitment.

Technical Review 436

Technical Review Due Diligence Sweat Equity Burn Rate 436

Both Sides of the Table

OCTOBER 15, 2014

Much has been written about when it is time to hire a “professional CEO” to run a startup company and of course that has long been a norm in Silicon Valley when founders find that their inexperience may be a limiting factor in company growth ( know as the Peter Principle ). It now seems that Mark is more firmly in control.

Founder 309

Founder CTO Hire Silicon Valley Leadership 309

David Teten

AUGUST 19, 2019

So you’re interested in raising capital from a Revenue-Based Investor VC. A new wave of Revenue-Based Investors (“RBI”) are emerging. For background, see Revenue-Based Investing: A New Option for Founders who Care About Control. Rational burn profile, up to 50% of revenue at close, scaling down. Bigfoot Capital.

Revenue 60

Revenue Technical Review Software Review Equity 60

Startup Professionals Musings

FEBRUARY 18, 2023

Every startup founder loves to prompt for questions from investors and potential key team members about their vision, and the huge opportunity that can be had with their disruptive technology. Most founders like to talk about their many months or years of sweat-equity , but cash invested is a stronger commitment.

Sweat Equity 207

Sweat Equity Burn Rate Technical Review Intellectual Property 207

A Smart Bear: Startups and Marketing for Geeks

OCTOBER 13, 2015

The question is: How do you decide what role is most important to hire for? Founders typically revert to whatever they’re already expert in, and decide they need more of that. So, a technical founder decides she needs another developer, or a sales-oriented founder decides she needs another sales person.

Part-Time VPE 120

Part-Time VPE Hiring Retention Revenue 120

Both Sides of the Table

MARCH 17, 2011

This will be the team who hires the most talented people, channels them in the most productive configuration and gets the most output from their unique capabilities. Only hire A players. B players tend to have slightly more self-confidence issues so they tend to hire people slightly worse than themselves – thus C teams.

Hiring 399

Hiring Startup Global Revenue 399

Mucker Lab

OCTOBER 10, 2023

In navigating the transition from founder-led sales to a structured approach, the pivotal question arises: when to hire a Sales Development Representative (SDR) or an Account Executive (AE) ? If there are inbound leads, the situation is different; hiring an AE might be suitable if these leads align with the ideal customer profile.

Early Stage 78

Early Stage Sales Developer Development Team Review 78

Steve Blank

JANUARY 17, 2023

But these look for founders who have a technical or business model insight and a team. Accelerators provide these teams with technical and business expertise and connect them to a network of other founders and advisors. Firms asking for greater than 60% are actually hiring an employee rather than a founder.

Technical Cofounder 346

Technical Cofounder Intellectual Property Technical Review Incubator 346

The Next Web

SEPTEMBER 22, 2013

While you are working away on your business plan, looking for ways to raise capital, finding the right people to hire, etc., But have you ever had the opportunity to pick the brains of founders who created amazingly successful startups and companies like Envato , Backblaze , Simple , or Treehouse ? Things snowballed from there.”.

Cofounder 164

Cofounder Founder Startup Bootstrapping 164

Startup Professionals Musings

AUGUST 19, 2020

Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. This could equate to two technical founders (with a minimal salary), funding two developers for a year.

Burn Rate 310

Burn Rate Hockey Stick Salary Angel Investor 310

ReadWriteStart

DECEMBER 16, 2021

Founders face multiple challenges when they are in the initial faces of a startup. It also allows businesses to create call playlists to accelerate new hires’ sales training and ramp-up process. A SaaS-based revenue startup was initially saving all their sales call recordings in Google Drive. Customer demands .

Conversion 162

Conversion Technical Review Startup Software Review 162

ReadWriteStart

DECEMBER 15, 2022

Client work serves as an additional source of revenue to form new startups. This outside work provides a valuable source of revenue able to be used to fund operations. Over time, this revenue reduces the dependency on outside venture capital sources. It also provides critical domain experience in a variety of business sectors.

Incubator 188

Incubator Startup Software Developers Software Development 188

YoungUpstarts

APRIL 17, 2018

by Felix Winstone, Co-Founder and Managing Director at Talkative. As a new entrepreneur or business owner, the most important thing you will do is hire talent. As a startup co-founder with a growing team, here are the recruiting tips I’ve learnt over the last couple of years. Hiring = Sales. Know When To Hire.

Cofounder 164

Cofounder Elevator Pitch Hiring Dividend 164

Transformify

MARCH 14, 2020

At the same time, the stock markets collapsed, and most businesses already report skyrocketing losses, unmet revenue targets and insufficient stock due to production slow down in China, India and the rest of the world. Out of a sudden, both startup founders and investors started asking themselves ‘’ What is our remote strategy?

Hiring 98

Hiring Bulgaria Italy Spain 98

OnlyOnce

SEPTEMBER 8, 2022

In most startups, the founder is the first salesperson and while it may be difficult to let that go you’ll eventually scale, add sales reps, or maybe some form of a Sales Manager once there are more than a couple of reps. If your board asks you if you’re ready to step on the gas and scale your revenue engine (e.g.,

Revenue 62

Revenue Hiring Forecast Early Stage 62

Both Sides of the Table

NOVEMBER 14, 2017

As a startup in this phase you often raise capital, get press, hire staff and everything feels possible. As the idea went from innovating on software & systems to launching a company to rolling it out in the field brought on Rahul Gandhi as his co-founder to physically launch the company. As an early-stage VC I love this phase.

Operations 286

Operations New York City Technical Review Startup 286

This is going to be BIG.

AUGUST 21, 2014

No one wants to be *that* founder--the non-technical founder poking around developer meetups asking for a unicorn with a Github account. They can help vet what you''re building, give you credibility in the hiring process and help assess candidates. Go find someone technical you could probably never hire.

Founder 120

Founder Software Developers Software Development Venture Capital 120

Up and Running

JULY 18, 2017

As a founder, you’ve probably been focused on writing your business plan , building out your financial forecasts to position yourself to get funding, and managing the day-to-day minutia of running a business. Founders of young organizations sometimes feel like they’re under a microscope. It’s not going to happen overnight.”

Founder 115

Founder United Kingdom Leadership Washington 115

Startup Professionals Musings

DECEMBER 5, 2021

The founder explains that the product or service is so “buzz-worthy” that the merits will spread rapidly through word-of-mouth only, meaning people loving it and recommending it to their friends. Here are three key cost elements of just the viral marketing campaigns: Hire brand evangelists. That’s a double death wish.

Viral 348

Viral Marketing SEM Campaign 348

Startup Professionals Musings

JANUARY 18, 2020

Supportive co-founder and executive positions. Often the Boomer is more willing to work for equity, and easily convinced to step aside when revenues reach that next threshold. They want to share your satisfaction in success, maybe as a reward for their own mistakes and learning earlier in life in their own businesses.

Advisory Board 312

Advisory Board Startup Dividend Angel Investor 312

ReadWriteStart

AUGUST 28, 2012

But when it comes to core technical skills, more and more entrepreneurs are opting to partner with technical co-founders rather than hiring someone for an in-house position. I really believe that what’s most important for a founder is the ability to have a vision for the company, make sales and hire well.

Technical Review 131

Technical Review Cofounder Founder Software Review 131

Both Sides of the Table

NOVEMBER 16, 2014

But if you level up , raise capital and grow customers, revenue and staff – life changes. You hire great people. You motivate, cajole, reassign tasks, hire, fire and push the organization forward. The best leaders are great at hiring in large part because they are inspirational. Do you hire more sales people?

CTO Hire 385

CTO Hire Entrepreneur Technical Review Leadership 385

Startup Professionals Musings

JANUARY 28, 2015

New entrepreneurs tend to focus only on getting the product right, and assume that the right culture and ethics will come later simply by hiring good people. Hire only ethical people, so further time on business ethics is not needed. times the return of other companies over the last 10 years. The reality is different.

Founder 120

Founder Software Review Offshore Startup 120

YoungUpstarts

NOVEMBER 13, 2020

founder of HireMyMom.com . It’s easy to find and hire an independent contractor. Any person or business you hire to do work on your behalf, but not as an employee, is an independent contractor. The Internal Revenue Service (IRS) has set guidelines for determining if someone is an employee or an independent contractor.

Hiring 246

Hiring Non-disclosure Agreement Non-Compete NDA 246

Steve Blank

SEPTEMBER 5, 2018

Jeff Katzenberg has a great track record – head of the studio at Paramount, chairman of Disney Studios, co-founder of DreamWorks and now chairman of NewTV. He just hired Meg Whitman. Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan.

Lean 335

Lean Burn Rate Startup IPO 335

The Next Web

NOVEMBER 6, 2013

Rick Boerebach is a co-founder of ZEEF.com , a curated link directory built by passionate experts. If your startup’s goal is to sell a product or service but you’re having a hard time with your revenue model, affiliate marketing might be the perfect match to give you that much-needed boost. What is affiliate marketing?

Affiliate 134

Affiliate Revenue Internet Marketing 134

Startup Professionals Musings

SEPTEMBER 29, 2018

Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. This could equate to two technical founders (with a minimal salary), funding two developers for a year.

Burn Rate 223

Burn Rate Hockey Stick Startup Salary 223

ReadWriteStart

DECEMBER 16, 2021

Founders face multiple challenges when they are in the initial faces of a startup. It also allows businesses to create call playlists to accelerate new hires’ sales training and ramp-up process. A SaaS-based revenue startup was initially saving all their sales call recordings in Google Drive. Customer demands .

Conversion 78

Conversion Technical Review Startup Software Review 78

ReadWriteStart

AUGUST 28, 2012

But when it comes to core technical skills, more and more entrepreneurs are opting to partner with technical co-founders rather than hiring someone for an in-house position. You Need To Know Tech Basics I really believe that what’s most important for a founder is the ability to have a vision for the company, make sales and hire well.

Technical Review 79

Technical Review Cofounder Founder Software Review 79

Version One Ventures

NOVEMBER 17, 2015

Since then, over 400 Insight alumni have been hired as data scientists or data engineers at top tier companies like Facebook, LinkedIn, Twitter, Airbnb, and Google. Keep in mind, I won’t share all of Insight’s secret sauce, but will hopefully provide enough high level lessons and principles that you can apply to your own hiring process.

Hiring 60

Hiring SQL Artificial Inteligence Engineer 60

Up and Running

JULY 28, 2022

Small Business Administration , an organization is considered to be a small business if their: Firm revenue ranges from $1 million to $40 million Number of employees is between 100 and 1,500. You’ll need the EIN to pay taxes for your business, apply for licenses and permits, open a bank account, and hire and pay employees.

Small Business 167

Small Business Intellectual Property Cofounder Software Review 167

ReadWriteStart

NOVEMBER 20, 2023

” — 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. Carl Jenson, the Founder of Compare Bank, emphasises the importance of cutting meeting expenses by adopting virtual meeting solutions.

Software Review 138

Software Review Technical Review Retention Cost 138

ReadWriteStart

JULY 7, 2023

Small and medium-sized businesses frequently face difficulties in meeting the high costs associated with hiring agencies or creating content on their own. This difficulty is something that Jatin Mehta, one of the co-founders of SpeedyBrand, is aware of. A: SpeedyBrand was established by Jatin Mehta, Ranti Dev Sharma, and Ayush Jasuja.

Generative AI 127

Generative AI SEO Artificial Inteligence Forecast 127

This is going to be BIG.

JANUARY 18, 2024

Some of these folks are founders and CEOs, but not at high-growth tech startups. They might not understand how a pre-revenue startup could be worth anything, let alone be valued at $5mm. Role When I was a lowly Analyst at Union Square Ventures, I had so many ideas for the founders we worked with. What’s Simply Hired, you ask?

.Net 88

.Net Cap Table Startup Technical Review 88

ConversionXL

JUNE 8, 2017

It is about focusing your marketing efforts on a few select companies that could represent huge revenue streams. As Des Traynor , co-founder of Intercom put it in the Intercom on Jobs-to-be-Done book : Des Traynor: Some products are better defined by the job they do than the customers they serve. Behavioral segments.

Programming 97

Programming Revenue Analytics Software Review 97

YoungUpstarts

DECEMBER 21, 2020

Diversifying revenue streams (35%). According to the data, 76% of business owners have pivoted or are in the process of pivoting their business model to maintain revenue, and among those that already pivoted, 73% expect to pivot again in the next year. Changing their hiring and recruiting processes (47%). Cutting expenses (36%).

Small Business 147

Small Business Cofounder United States Technical Review 147