Remove Business Plan Remove CTO Hire Remove Forecast Remove Fractional CTO
article thumbnail

What Makes an Entrepreneur? Four Letters: JFDI

Both Sides of the Table

You’re sales person is getting blocked by the CTO who says she shouldn’t go above him but the CTO isn’t approving the deal. But “he didn’t have the budget to hire a developer until he had raised money!&#. When he re-approached me he had a much better plan and he had a prototype!

article thumbnail

How to Divide Equity to Startup Founders, Advisors, and Employees

thinkspace.com

The elements of the decision making process are 1) Idea; 2) Business Plan Preparation; 3) Domain Expertise; 4) Commitment and Risk; 5) Responsibilities. Business Plan 2 3 6 8 16. I was originally hired as a contractor, developing a SaaS app from scratch, including DB design and coding. Idea 7 10 70 3 21.

Equity 62
article thumbnail

What is Sweat Equity Worth?

www.entrepreneur.com

Entrepreneur Homepage Startups Starting a Business Home How-To Guides Startup Basics Business Ideas Business Planning Startup Financing Success Stories Home-Based Business Starting a Business Play Video How to Take a New Product from Just an Idea to a Business (Video).