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Startup Professionals Musings
FEBRUARY 21, 2012
As a rule, you need to review your burn rate every month, and manage it every day. Pay people with equity or future revenue. 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.
Startup Professionals Musings
JANUARY 28, 2011
As a rule, you need to review your burn rate every month, and manage it every day. Pay people with equity or future revenue. 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.
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Hearpreneur
DECEMBER 30, 2020
Due to business, I am free to spend my time and money as I see fit. Financial freedom due to business enables me to grow my business and pay my employees, but it gives my family the quality of life that I want for them. I’ve spent more than two decades in the software industry. Thanks to Ashwin Sokke, WOW Skin Science ! #11-
ReadWriteStart
MAY 22, 2012
So far, Herman has put about $60,000 on his credit cards, using them mostly to finance software development. To ensure he didn’t get in over his head, Herman says, “I only put monies on the credit cards for which I know I have corresponding payments due from customers.
Startup Professionals Musings
FEBRUARY 5, 2010
As a rule, you need to review your burn rate every month, and manage it every day. Pay people with equity or future revenue. 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.
Growthink Blog
OCTOBER 16, 2012
The reason the media call the Friday after Thanksgiving Black Friday is that many businesses do not reach their break-even point for the whole year until that day, due to the tremendous volume of sales. Fixed costs include rent, salaries, maintenance, licenses, equipment, and other overhead expenses.
YoungUpstarts
JUNE 16, 2020
Reasons for a business valuation run a gamut from selling the business due to retirement or health reasons to financing expansion efforts to adding shareholders to a buyout situation. Capitalization Factor – This can be defined as a multiplier used for converting projected future earnings and revenue into present day value.
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