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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. If you spent the 3 years perfecting some hugely differentiated technology IP that may also be different.

Startup 418
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The Acquihire Market for Early Stage Startups is Ice Cold. One Better Strategy? Announce You’re For Sale.

Hunter Walker

The proverbial win-win-win: founders got to land their company often with some retention premium; employees got job offers; and we got capital back, that even if it wasn’t a power law return, allowed us to recycle into new investments or the existing portfolio. of the time my answer is no f **g way].

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How Great, Operationally-Focused CFO’s Can Transform Your Business

Both Sides of the Table

Stock option top-ups after a few years are vital retention mechanisms. People care about salary increases and benchmarking to market and even if you can’t pay market you sure as hell better know what “market” is. Legal threats from other IP holders? Yet being a buttoned up company requires all this.

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18 Entrepreneurs Share Why They Started Their Own Business

Hearpreneur

I was made to spam journalists, pick up the slack for other departments, and work crazy amounts of hours for a low base salary. With each job I had, the directors of these agencies had no idea how Digital PR truly worked. We now have happy clients.

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19 Entrepreneurs Share Why They Started Their Own Business

Hearpreneur

I was made to spam journalists, pick up the slack for other departments, and work crazy amounts of hours for a low base salary. With each job I had, the directors of these agencies had no idea how Digital PR truly worked. We now have happy clients.

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Making Decisions in Context

Austin Startup

Compensation decisions obviously affect hiring and retention. They’re looking to be paid properly in the context of the overall salary structure, including cash, benefits, and equity, and to be paid commensurate with performance. If you’ve got patent or other IP needs, you may want to engage specialists in those areas.

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Crazy! 189 Answers To The Top Startup Questions On Your Mind

maplebutter.com

Product/Metrics (70%/30% time) * Get your product activation (sign-up + meaningful action) to 60% * then, Get your product retention to 20% weekly. Press is something you should do once you know your activation / retention metrics are good. When starting a new venture, esp one in concept phase should you be drawing a salary?