N.C. man gives up big salary to help less fortunate

Winston-Salem Journal State/Region News

CHARLOTTE — Brent Morris did the unthinkable, considering the nation’s economy is still struggling

Franklin Graham gets salary again from father's ministry

Winston-Salem Journal State/Region News

CHARLOTTE, N.C. (AP) AP) — Franklin Graham started taking a salary from the Billy Graham Evangelistic Association two years after giving up pay from the Charlotte ministry founded by his father

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2 Considerations for agile succession planning

Taffy Williams

The fees for the search firm alone run around 35% of the salary plus bonus for the first year. This would make an executive search fee around a $70,000 - $120,000 price tag if the salary were $200,000 plus bonus.

Agile 47

Need Money? A Few Links to Possible Investors

Taffy Williams

You may need to manage with no salary for prolonged periods of time. In addition, some investors do not want to see early cash go toward salary. Later in the investment cycle, you can get paid, but plan to survive with no salary from the startup for a year or two. One can borrow against personal assets but, this adds risk beyond the time spent with no salary. Other articles can be found in the Charlotte, NC- small business section of Examiner.com.

SBIR 40

5 Reasons entrepreneurs never get their big exit

Taffy Williams

This means NO SALARY in the near term. So, do not plan on a near term salary and protect your personal assets the best you can! Other articles are in the Charlotte, NC- small business section of Examiner.com. Try to avoid going down the wrong roads!

Are You Involved or Committed in a Startup?

Taffy Williams

Most employees will have a need to maintain their salary. For example, employees that live day to day on the salary will leave if they see finances become an issue for the company. Other articles can be found in the Charlotte, NC- small business section of Examiner.com. Entrepreneurs in startup companies may spend years working before the company becomes financially stable or a reasonable exit turns up.

NC teachers offered more money to move to Texas

Winston-Salem Journal State/Region News

CHARLOTTE — North Carolina teachers are being offered substantially higher salaries to move and teach in Texas

Always be prepared for the sigma walk

Taffy Williams

Bob had no salary or termination provisions. Try to have the agreement cover vesting and duration of your options in addition to some time for salary. Other articles are in the Charlotte, NC- small business section of Examiner.com.

6 great athlete-entrepreneurs and what they accomplished

crowdSPRING Blog

His lifetime player salary was nearly $100 million, but it is as an entrepreneur that he has made the greatest impact. He is the owner of 2 minor league teams (the Augusta GreenJackets and the Charlotte Stone Crabs) as well as a spokesman for many major consumer product brands.

If It Ain't Broke, Don't Fix It!

Taffy Williams

The search firm brought a fantastic candidate, which we immediatelyhired at a great salary plus options. Other articles can be found in the Charlotte,NC- small business section of Examiner.com. Are you the kind of person that likes to tinker with thingsto optimize performance? It is hard for me to see devices withouttrying to improve the performance. Sometimes, this activity overlaps into managing a business.

Founders behaving badly negatively affect the business

Taffy Williams

Borrowing beyond the means of your actual salary has potential risks if you use a non-liquid asset. Other articles are in the Charlotte, NC- small business section of Examiner.com. I may look cute, but will certainly do dumb stuff !

Ask These 3 Questions?

Taffy Williams

Money, salary, recognition and other factors can move the situations tobecome more stressful. Other articles can be found in the Charlotte,NC- small business section of Examiner.com. Starting acompany will come with many stresses and strains over a prolonged time. Even well run companies have issues thatarise and the issues may start or add to conflicts or problems. One of the things you can do to ensure yourpotential success is to build a great team.

Is a Bird in the Hand Worth Two in the Bush?

Taffy Williams

The dividendswould likely supply salary for the rest of their lives. Other articles can be found in the Charlotte, NC- small business section of Examiner.com. In arecent meeting, I asked company founders if they would take $10MM for theirtechnology and just walk away. Thequestion was a bit of a trick question. Any answer provided would be revealing valuable information about theteam.

USE THEM!

Taffy Williams

Relocationexpenses, bonus, options, and salary were negotiated. Other articles can be found in the Charlotte, NC- small business section of Examiner.com. Hiring qualitypersonnel in a startup is partly an art and partly a learning experience. Most likely when creating the startupbusiness plan, an organizational chart and budget was created for long termhiring. The titles should fit the anticipatedneeds and the timings of the hires become part of the future projected budget.

A Diamond in the Rough: Reinventing a Sleepy Mortgage Company

Inc Startups

Doman, a Cleveland mortgage title executive, started kicking the tires of sleepy mortgage processing company called Accurate Group, in Charlotte, North Carolina in 2008. If you want to reinvent your business, having a new growth plan helps.

Should We Tell Pat to Depart

Taffy Williams

You should learn what is fair in terms of equity and salary and hold the line on those levels. Other articles are published in the Charlotte, NC- small business section of Examiner.com. Unexpected departures of key employees can be hard to manage because of loss of experience and morale changes in the company. Great employees are what you want and never want to lose.

Why a 50/50 Split is Almost Never Right for Co-Founders by @DaveParkerSEA

fi.co

Charlotte. I was asked a question last week about co-founder compensation - specifically about guidance around splitting equity and salary requirements for the early contributors of a new startup. Will you work for the same salary?

43 Entrepreneurs Explain Why They Started Their Businesses

Hearpreneur

My father owned PT business in New York and saw first-hand the financial toll of having to wait on long payment cycles, often not taking a salary for months before payments arrived. Each business has a story.

LLC 42

Highlights On The Business of Software (2012)

OnStartups

a privately held IT consulting firm servicing enterprise customers with offices in Atlanta, GA ; Birmingham, AL ; Charlotte, NC ; Chattanooga, TN ; and Mobile, AL. Remove salary from the equation. The following is a guest post by Matthew Dean.

Preparing Your Company for a Big Sale

Inc Startups

Getting Started As a first order of business, Evolution and Doman moved headquarters from Charlotte to Cleveland, to keep a close watch on it. Doman located a hardened data center in Charlotte where it would be protected from hackers as well as rainstorms and stuck it there.

America’s founding entrepreneurs: revolution at work

crowdSPRING Blog

His lifetime player salary was nearly $100 million, but it is as an entrepreneur that he has made the greatest impact. He is the owner of 2 minor league teams (the Augusta GreenJackets and the Charlotte Stone Crabs) as well as a spokesman for many major consumer product brands.

Startup Blog: Take a Stand!

Taffy Williams

Secondly, decisions can be affected by the concerns over having a job and a salary; this even the case for the employees. Other articles can be found in the Charlotte, NC- small business section of Examiner.com. Startup Blog Steps to consider to start and grow a company.