article thumbnail

10 Famous People Who Flourished After Being Laid Off

YoungUpstarts

In 1997, Armstrong was fired from the French racing team Cofidis while he was undergoing cancer treatment. The team refused to give Armstrong the rest of his salary and medical coverage. Cycling star and seven-time Tour de France winner Lance Armstrong didn’t always come out on top.

article thumbnail

Paying Lip Service to Developing Entrepreneurs

Gregg Fraley, Author of Jack's Notebook

in 1997 to 24.7 The percentage of new entrepreneurs who are women has also dropped significantly since 1997. There is very little respect for high level crafts and workmanship and every student is made to think the only option for them is college and a white collar salary job. That is not good.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Should You Really be a Startup Entrepreneur?

Both Sides of the Table

Low salary. The truth is that in my experience very, very few people really enjoy the “pure&# startup environment: months with no salary, months with no live product and lots of trial, error & rejection. Let’s say you became a partner in a VC fund in 1995 and started investing heavily in 1997-99. Long hours.

article thumbnail

My story and support for the Founders Visa

K9 Ventures

couldn’t draw a salary). The latter was fine by me since there was no money in the company for me to draw a salary any way. I graduated from Carnegie Mellon in 1997 and decided to use my OPT to give the company a proper shot. I formed SneakerLabs, Inc. in December 1996, while on a student visa.

article thumbnail

If You Don’t Define Your Personal Brand the Market Will

Both Sides of the Table

My starting salary was $27,000. In 1997 I was sent to England to work on a project for the oil company Halliburton. For 1991 I was very technical and also had a lot of practical business implementation experience in technology. My first job after graduation was with Andersen Consulting (now Accenture).

Marketing 385
article thumbnail

Should You Really be a Startup Entrepreneur?

Both Sides of the Table

Low salary. The truth is that in my experience very, very few people really enjoy the “pure&# startup environment: months with no salary, months with no live product and lots of trial, error & rejection. Let’s say you became a partner in a VC fund in 1995 and started investing heavily in 1997-99. Long hours.

article thumbnail

Building a Great Startup Board: Pt 1

Reid Hoffman

For example, in 1997, I had not realized that you need to invent and reinvent your go to market strategy together with your product idea. Unfortunately, I experienced this dysfunction personally at my very first startup, SocialNet. As SocialNet was my first startup, I began with many bad theories of the startup game.

Startup 36