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Hiring Employee #1

A Smart Bear: Startups and Marketing for Geeks

Tweet. --> It’s a big decision to make your first hire, because what you’re really deciding is whether you want to keep a lifestyle business or attempt to “cross the chasm” and maybe even get rich. There’s already a lot of great advice about hiring at little startups. (Powered by LaunchBit ).

Hiring 282
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Is the Lean Startup Dead?

Steve Blank

He just hired Meg Whitman. As a reminder, the Dot Com bubble was a five-year period from August 1995 (the Netscape IPO ) when there was a massive wave of experiments on the then-new internet, in commerce, entertainment, nascent social media, and search. the ex-CEO of HP and eBay, as CEO of NewTV.

Lean 335
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Founder Interview: Salo Sterental, Co-Founder of SoStereo, Marketing with Music

The Startup Magazine

Being faced with the same issues as Zumba a couple of years earlier, either you spend tons of money for major artists or you’re left with commonplace stock tracks, we realized a middle ground was needed. At the same time, brands and agencies struggled to find great music. That’s when SoStereo really came to life. Quality control?

Cofounder 151
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Should Startups Focus on Profitability or Not?

Both Sides of the Table

If you hire 6 sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business for 4-6 months. So your Q1 results will be $180,000 less profitable than if you hadn’t hired them. Hiring more people isn’t always the right answer.

Startup 418
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The Audacious Plan to Make Electricity as Easy as WiFi

Both Sides of the Table

It is also a function of the stage of much of our careers where we aren’t interested in playing small ball with incrementalism on how to squeeze out an extra 5% of margin by optimizing the Internet slightly better. I seldom hire patent attorneys during due diligence but this was too important. We hired OSHA regulatory lawyers.

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How to Develop an App for Your Business Without Coding Knowledge

Up and Running

Mobile app usage now makes up more than 50% of all internet traffic. The good news for startups and other businesses with limited funds (or, who have financially savvy owners) is that you don’t (necessarily) need to hire an expensive team of software developers to create an app. Hire a team or do it yourself.

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Building A Tech Startup: Avoiding Silicon Valley Mishaps

YoungUpstarts

Google notably bought out Picasa, an early website dedicated to photography and photo sharing, only to reduce its budget and quietly starve it out of the internet when it failed to perform to expected levels. It could keep your startup afloat for a short while, but the long-term damage may be much worse than a cash flow problem.