Startup Professionals Musings

SEPTEMBER 29, 2021

In my experience as an employee, up to an executive, in large companies as well as small, I’ve found that people who are consistently negative and complain are a big constraint on productivity, as well as the most difficult management problem that most business leaders face. The result is a positive and productive work environment for all.

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Employee Salary Hiring Stock 371

The Startup Magazine

MAY 31, 2022

Your human resource activities can be outsourced to: Independent HR consultants are professionals who can assist you with hiring, HR policies, and other decision-making. Finding and hiring new talent is one of the most important tasks for any HR department. To Whom Can You Outsource HR Tasks? 2 Managing Performance.

United States 138

United States Salary UAE Hiring 138

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

YoungUpstarts

MARCH 11, 2016

It’s not enough to launch a startup that offers a new product or service that shakes up the market. If you make common mistakes , like not hiring the right people, you’re heading for trouble. Hiring the right people is not as easy as it may seem. It takes years of experience acquiring the intuition to hire the right people.

Hiring 100

Hiring Technical Review Reputation Employee 100

Startup Professionals Musings

SEPTEMBER 22, 2023

You have to start with hiring only people who are willing and able to make serious customer service happen. Companies with great service routinely spend 3% to 5% of salaries training team members – experienced as well as new. It’s a core process that must be up and effective when you deliver your first product or service.

Technical Review 249

Technical Review Salary Metrics Matching 249

The Startup Magazine

DECEMBER 5, 2022

Worldwide talent hiring. Hiring an expert from, say, Ukraine or another offshore development center may significantly lower the cost of paying programmers’ salaries, as well as totally eliminate the expense of equipment purchases and utility costs, whether the customer is based in the US, EU, UK, or Australia.

Offshore 141

Offshore Software Developers Software Development Software 141

Startup Professionals Musings

MAY 22, 2020

If the company has been around for more than a couple of years, and still has no product or revenue flow, there better be a good explanation. Every startup should have at least a couple of outside advisors who are not major investors or family members, anxious to talk to new investors and key new hires.

Technical Review 436

Technical Review Due Diligence Sweat Equity Burn Rate 436

YoungUpstarts

JANUARY 26, 2020

Sure, they may hand out a few training booklets and introduce new hires to the team, but successful onboarding goes much deeper than that. When organizations fail to implement such a strategy, new hires slip through the cracks. These companies also see a 69% boost in new hire retention. these are hiccups that stall productivity.

Employee 165

Employee Software Review Technical Review Dividend 165

Startup Professionals Musings

FEBRUARY 18, 2023

If the company has been around for more than a couple of years, and still has no product or revenue flow, there better be a good explanation. Every startup should have at least a couple of outside advisors who are not major investors or family members, anxious to talk to new investors and key new hires.

Sweat Equity 207

Sweat Equity Burn Rate Technical Review Intellectual Property 207

Startup Professionals Musings

FEBRUARY 24, 2020

One of the most stressful and unanticipated challenges that comes with starting a new business is hiring and managing employees. For example, if I need help with product installation or customization, I don’t want to see someone who is clearly new to this role or inexperienced. You contract expertise rather than train employees.

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Technical Review Due Diligence Startup Employee 308

The Startup Magazine

AUGUST 11, 2019

Not only are you in charge of planning all the business logistics but also hiring the best talent to increase your organization’s productivity. Today, more and more businesses are starting to embrace the concept of remote working and hiring talent from different countries. How to Increase Remote Team’s Productivity .

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Product Cloud Global Distribution 100

Startup Professionals Musings

JANUARY 8, 2021

You have to start with hiring only people who are willing and able to make serious customer service happen. Companies with great service routinely spend 3% to 5% of salaries training team members – experienced as well as new. It’s a core process that must be up and effective when you deliver your first product or service.

Technical Review 385

Technical Review Salary Metrics Matching 385

The Startup Magazine

APRIL 2, 2022

Moreover, the demand for freelancers is also set to increase as the gig economy proves that they are equally productive as full-time employees, but arguably, a more cost-effective option for employers. To maximize the benefits of hiring freelance workers, it is important to learn how to support them and work with them properly. .

Salary 143

Salary Hiring Portfolio Cost 143

Up and Running

NOVEMBER 21, 2016

So if you don’t have the money for unlimited ping pong tables and a gourmet chef—much less top salaries—can you still find and attract the best people? First, take a few minutes to jump on Glassdoor and find out what people who work in the position you’re hiring for complain about. Search for inurl:forum [position you’re hiring for].

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Hiring Silicon Valley Technical Review Startup 60

YoungUpstarts

AUGUST 31, 2020

Personal assistants are often hired to prepare decisions and information for managers and take care of miscellaneous tasks for busy executives and CEOs — who all earn higher incomes. Alternatively, individual VA contractors can be hired for a monthly salary, or workers for short gigs can be found via Fiverr or TaskRabbit.

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Artificial Inteligence Mali Management Technical Review 214

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

Feld Thoughts

SEPTEMBER 2, 2011

This week they set out to create their cap table and hire a CTO. They come up with two options: Hire Praveena as an employee and offer her stock options. The benefit of hiring Praveena is they think they could keep more equity and control of the company. With the funds Jane and Dick have, a big salary is not possible.

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Cap Table CTO Hire Technical Cofounder Cofounder 133

Up and Running

APRIL 12, 2021

The lack of clarity on tasks and responsibilities for employees not only causes confusion but also harms productivity. Managers should also over-communicate, particularly with new hires. Startups tend to focus on the product or service first and may not prioritize creating their values until a later date.

Employee 139

Employee Management Salary Retention 139

Up and Running

SEPTEMBER 11, 2020

When paying employees becomes too expensive, many companies either lay people off or keep their workers but reduce salaries. First, reducing salaries or offering inadequate compensation turns away talented applicants and discourages your current staff. Remember: an organization is only as efficient and productive as the people in it.

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Cost Technical Review Salary Social Media 150

YoungUpstarts

OCTOBER 28, 2020

To begin again, to start anew, to have a fresh, blank slate — the corporate advantages of hiring entry level employees, strong professionals at their career beginnings, seem self-explanatory. In any economy, successful entry-level hiring is a crucial aspect of corporate success. Onboarding at the entry level can be resource intensive.

Hiring 264

Hiring Early Stage Non-Compete Salary 264

Startup Professionals Musings

MARCH 11, 2020

Thus if you want to change the world with your new business, you need to follow the example of startups like Zappos , which hires according to cultural fit first. There are many ways to add levity to a tough challenge, and engaging the team occasionally in some fun activities will work wonders for your team’s productivity and motivation.

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Product Stock Options Salary Leadership 322

The Startup Magazine

JANUARY 10, 2022

In simple terms, it is a help for product teams looking to meet sprints and deliver releases on time. Let’s imagine that you are expanding your business, reorganizing it, or launching a new product. For many job seekers, this is even more interesting than working on the same product for years.

Java 133

Java PHP Salary Technical Review 133

Startup Professionals Musings

APRIL 12, 2019

For example, I come from a software background, and back in the early PC days, it could easily cost half a million dollars for a team of professionals to produce a commercial product. Unfortunately, even today, building a good product doesn’t guarantee you a business. Subscription software and computer hardware.

Cost 264

Cost Founder Software Review Startup 264

The Startup Magazine

OCTOBER 29, 2018

Are you are a startup that needs to market your products and services ? If you want app development that is both affordable and efficient, you need to know how to hire programmers to do the job. The best way to plan your app development is to know how to hire the best app developers for your project requirements.

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Developer Offshore Software Developers Software Development 93

crowdSPRING Blog

JANUARY 27, 2013

We write often about ways small business can reduce expense, increase productivity, and operate more efficiently through a lean approach to marketing, technology, and operations. Today I want to write briefly about a strategy we have used to very good effect when hiring new workers: outsource. Reduce, reduce, reduce. Expense, that is.

Lean 99

Lean Hiring Salary United States 99

YoungUpstarts

FEBRUARY 27, 2015

Be sure your new hires have entrepreneurial DNA. Identifying and hiring entrepreneurial candidates is one of the best things you can do for your bottom line, because these individuals will be self-reliant, engaged, empowered, and innovative problem solvers. They think of everyone as a customer for them, their service, or their product.

Hiring 100

Hiring Technical Review Lean New York 100

Transformify

DECEMBER 6, 2021

If you’re struggling to keep up, you likely need the best workforce management software to help improve your team’s productivity. Some features include attendance, leave management, employee productivity, labor requirements, schedules, benefits, and onboarding. What Is Workforce Management Software? Oracle Cloud HCM.

Software Review 52

Software Review Software Employee Management 52

Startup Professionals Musings

OCTOBER 5, 2014

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 262

Burn Rate Hockey Stick Entrepreneur Salary 262

The Startup Magazine

MAY 24, 2022

Failure to understand their mood contributions may lead to employee retention, motivation, productivity, work performance, communication, collaboration, and team member engagement at risk. If you’re experiencing workload in the workplace, it’s best to hire more employees for you as a team leader to be fair with your team.

Retention 145

Retention Employee Salary Programming 145

Transformify

MAY 15, 2023

And the only way to do that is by being creative and strategic with your approach to hiring software developers. Ways To Attract The Best Software Development Talent Hiring the best talent always starts with attracting them. One way to do that is to offer competitive salary packages. And we're going to help you with that.

Software Developers 52

Software Developers Software Development Software Developer 52

Steve Blank

MAY 19, 2015

Startups focus on speed since they are burning cash every day as they search for product/market fit. While he kept bringing the conversation back to their big valuation I tried to steer the conversation back to how they were going to deal with: training the influx of new hires – in both culture and job specific tasks.

Technical Review 120

Technical Review Salary Early Stage Software Review 120

Startup Professionals Musings

FEBRUARY 21, 2012

When I was interviewed for my first startup CEO job, I was expecting a $150,000 salary, but instead was offered an opportunity to contribute $50,000 to the business, and work for equity only. This will equate to 2 working founders (taking no salary), hiring a 5-person development team for a year. Great strategy.

Burn Rate 232

Burn Rate Startup Salary Equity 232

Duct Tape Marketing

APRIL 14, 2024

How to Hire a Fractional CMO: The Smart Way to Scale written by John Jantsch read more at Duct Tape Marketing Are you looking at your business goals and feeling your marketing strategy just isn’t cutting it? This is where hiring a fractional CMO can make a significant difference. When should I hire a fractional CMO?

Hiring 79

Hiring Leadership Differentiation Cost 79

Version One Ventures

MAY 23, 2019

And she has just about completed 60 to 140 ( Ada is hiring !). Unlike “traditional” departments such as Engineering, Product, Sales, Marketing, BD, Customer Support/Success, People is a relatively new leadership function. Planned 2020 future salaries projections. Re-hashed salary bands for 2020.

Part-Time VPE 136

Part-Time VPE Software Review Salary Non-Compete 136

The Next Web

FEBRUARY 1, 2014

You might have started searching for a tech-oriented co-founder to help you launch your idea, only to find that your startup can’t afford the ongoing salary for a skilled software developer. You can find out whether your idea will succeed ahead of time by gauging the potential demand for your product or service.

Web 160

Web Silicon Valley Salary Demand 160

ReadWriteStart

FEBRUARY 21, 2021

Adopting a fully remote model means you’ll be able to hire people all over the world, greatly increasing your potential talent pool. It also means your employees will (in many cases) benefit form higher morale and higher productivity. Instead, it’s better to hire only the people who are absolutely necessary to get the job done.

Startup 106

Startup Software Review Open Source Technical Review 106

The Startup Magazine

MAY 2, 2023

So, while this company is focused on an environment that caters to the masses, the individuals suffer in their lonely space, affecting their performance, their emotional and mental health, and productivity. Hiring was tough because we didn’t make enough money to have full staff on board. Getting visibility? Raising capital?

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Founder Equity Leadership Hiring 150