SoCal CTO
NOVEMBER 1, 2010
Understand where they were in terms of being able to pay or was this equity-only (sweat equity only). However, when I told him that the level of engagement required from me and the fact that equity-only development was required, he seemed to be a bit offended. There are cases where I will do equity-only deals.
Up and Running
AUGUST 19, 2014
You might have held off paying yourself while launching your startup, but is it time to give yourself a salary? You may be the last on your list of creditors when you’re just starting a business, but at some stage, you’ve got to start earning yourself. You’ve been better than “break even” for one year.
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www.virtuosimedia.com
MARCH 8, 2012
Gather your market research, your business plan, and your prototype and make your presentation to potential CTOs. Otherwise, you will have to offer actual compensation (read salary) in addition to corporate shares. If you don’t have the money to provide even a reduced salary up-front, find investors. Salaries/Bonuses.
Scott Edward Walker
JUNE 23, 2011
As I discussed in my recent post “ How To Hire a Superstar Engineer for Your Startup ,” startups may not give employees “sweat equity” in lieu of any ongoing cash payment/salary; nor may startups defer wages and other compensation. And be forewarned: governmental audits of small businesses are clearly on the rise.
ConversionXL
NOVEMBER 6, 2019
Co-founder and CEO Kyle Wong, who was featured on Forbes’ 30 Under 30 List, says the company’s MVP was built using “sweat equity.” Since their launch, the company has focused on two core audiences: Small businesses earning between $2 million and $20 million in revenue, and enterprise customers earning more than $20 million.
Small Business Force
JANUARY 25, 2013
When to start paying yourself�anything at all, let alone a livable wage.Yet, if you think about it, it's not until you do pay yourself on a consistent and rational (meaning somewhere above minimum wage and but certainly something less than a Fortune 500 CEO) basis, that you actually have a real business.
grasshopper.com
SEPTEMBER 24, 2011
Getting Paid in Equity: A What to Do Guide. Equity-based pay is often used by the founders of young start-ups who want to grow their businesses but cannot offer big salaries to qualified professionals. Sweat Equity Or Equity With Compensation? Equity As a Performance Incentive. Small Business.
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