Both Sides of the Table
DECEMBER 27, 2011
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.
Both Sides of the Table
JANUARY 5, 2010
Partners in VC funds only wanted to fund entrepreneurs who had a certain percentage of their net worth tied up in their venture. VCs don’t have the same net worth litmus test and great entrepreneurs have a ton of sources for seed money to get financed very early. That’s hard core. Not my problem. It was May.
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The Startup Magazine
OCTOBER 5, 2020
However, the beauty of being in college is that it’s a safety net. In return, you may be able to get your hands on some seed money for your college startup. Hiring your peers as employees or partners is a win win situation for everybody involved. Additionally, college is a hub of knowledge and support. .
Both Sides of the Table
JUNE 17, 2017
If you hire 6 senior 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 6 months. If you don’t have a strong balance sheet and can’t hire more people that’s fine — but understand this may lead to slower growth. Not necessarily.
www.reincubate.com
FEBRUARY 1, 2010
Share this: net c# development django java language php software Were often asked by entrepreneurs which language their startups should adopt when developing their technology. These are Java (from Sun),NET (from Microsoft), and three Open Source options: PHP, Python and Ruby. Java stands alone from the four others.
pandodaily.com
NOVEMBER 29, 2012
We know this: As many as a thousand companies who’ve received seed rounds won’t be around in a year — maybe six months. There simply won’t be soft-landings and acqui-hires for all of them. The number of seed and angel investors has exploded in recent years, buoyed up by a number of factors.
Berkonomics
MARCH 30, 2012
Most economists, however, purport that our recovery will never stabilize until small businesses can access capital, hire new employees, and grow. Crowd Funding: The Internet is at work here, especially for obtaining early stager seed money.
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