Startup Professionals Musings

NOVEMBER 1, 2014

Supportive co-founder and executive positions. Often the Boomer is more willing to work for equity, and easily convinced to step aside when revenues reach that next threshold. All the learning from parenting pays big dividends here. Member of the Advisory Board. Member of the Advisory Board. Manage customer service.

Entrepreneur 266

Entrepreneur Advisory Board Dividend Angel Investor 266

YoungUpstarts

APRIL 17, 2018

by Felix Winstone, Co-Founder and Managing Director at Talkative. As a startup co-founder with a growing team, here are the recruiting tips I’ve learnt over the last couple of years. Robert Metcalfe, co-founder and CEO of 3Com, says you need to think about it as “recruiting, not hiring”. Hiring = Sales. Be Specific.

Cofounder 164

Cofounder Elevator Pitch Hiring Dividend 164

Agile VC

APRIL 17, 2011

Kayak was started here in my backyard of Boston… co-founder & CTO Paul English and the product/engineering team is based here in Concord MA. Co-founder & CEO Steve Hafner and the business team are based in Norwalk, CT. Financial Snapshot: 2010 Revenue: $170 million. Distribution revenue is CPC and CPA. .

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

ReadWriteStart

OCTOBER 2, 2021

Why should a founder entertain this idea? And even though an LLC is legally required to report its revenues, profits, and losses, it does not have to pay corporate income taxes on profits. No founder wants to start a business that would only survive for one or two years. Most SaaS , AI, and IoT enterprises are corporations.

Technical Review 78

Technical Review LLC IPO Stock 78

The Startup Magazine

SEPTEMBER 10, 2019

There is a myth among first time tech founders that product is everything. Here are five financial concepts that every startup founder should know to build an everlasting company. The basic lesson that founders can learn about asset valuation is that Accounting is past and Finance is future. million in revenue at the time.

Founder 118

Founder Valuation Dividend Startup 118

Startup Professionals Musings

DECEMBER 11, 2022

Getting investors to trust you with their money is always a challenge, and it’s even more difficult in the early stages, where you don’t have a significant revenue stream, a few customers, or maybe even a product yet. At these stages, it’s all about you, and your ability to communicate and execute effectively.

Due Diligence 271

Due Diligence Intellectual Property Entrepreneur Preferred Stock 271

Startup Professionals Musings

OCTOBER 10, 2014

In the interim, there is no market for the shares, and no dividends or interest. Tie payments to your product or service revenue. Some founders are too focused on quick repayment, and they compromise strategic decisions. More than 50% fail in the first two years, and even the “overnight successes” take six years on the average.

Founder 254

Founder Cram Down Angel Investor Equity 254

Startup Professionals Musings

MARCH 14, 2020

Getting investors to trust you with their money is always a challenge, and it’s even more difficult in the early stages, where you don’t have a significant revenue stream, a few customers, or maybe even a product yet. At these stages, it’s all about you, and your ability to communicate and execute effectively.

Due Diligence 308

Due Diligence Intellectual Property Preferred Stock Seed Stage 308

Startup Professionals Musings

MARCH 2, 2020

Yet there are clearly some positive steps I can recommend for getting you (and him) over the bridge: Find a co-founder who has been there and done that. At least the first time around, it pays big dividends for an idea person to find a partner with the business skills you haven’t tested yet.

Elevator Pitch 315

Elevator Pitch Cofounder Dividend Leadership 315

Steve Blank

OCTOBER 24, 2016

If the Microsoft board was managing for quarter to quarter or even year to year revenue growth, Ballmer was as good as it gets as a CEO. When visionary founders depart (death, firing, etc.), Large companies and their boards live in fear of losing what they spent years gaining (customers, market share, revenue, profits.)

Azure 120

Azure Business Model Cloud Artificial Inteligence 120

Steve Blank

OCTOBER 24, 2016

If the Microsoft board was managing for quarter to quarter or even year to year revenue growth, Ballmer was as good as it gets as a CEO. When visionary founders depart (death, firing, etc.), Large companies and their boards live in fear of losing what they spent years gaining (customers, market share, revenue, profits.)

Azure 120

Azure Business Model Cloud Artificial Inteligence 120

David Teten

JANUARY 21, 2021

This essay is part of a series on alternative VC: I: Revenue-Based Investing: a new option for founders who care about control. II: Who are the major Revenue-Based Investing VCs? III: Why are Revenue-Based VCs investing in so many women and underrepresented founders? Revenue-Based Flexible VCs.

Equity 78

Equity Revenue Cofounder Colorado 78

Startup Professionals Musings

MARCH 22, 2020

In the interim, there is no market for the shares, and no dividends or interest. Tie payments to your product or service revenue. Some founders are too focused on quick repayment, and they compromise strategic decisions. More than 50% fail in the first two years, and even the “overnight successes” take six years on the average.

Management 308

Management Cram Down Angel Investor Equity 308

The Startup Toolkit

SEPTEMBER 28, 2014

As a founder, you get a pile of money in one of four ways: You generate profits and keep some (dividends). You’re making solid revenue (e.g. 5mm/year) and someone buys you to add that revenue to their portfolio (revenue-based acquisition). all your revenue comes from one big customer).

Dividend 50

Dividend Acquisition Founder Bootstrapping 50

YoungUpstarts

DECEMBER 9, 2018

The amount you’ll pay will depend on the type of entity you choose and how much revenue you generate. Because they issue stock and dividends, they pay taxes on corporate profits and on dividends issued. Founders must also pay a first-year franchise tax prepayment. Taxes are a complicated issue, but they cannot be ignored.

Cost 127

Cost Dividend LLC Stock 127

Hearpreneur

AUGUST 11, 2021

Thanks to Ben Reynolds, Sure Dividend ! #3- With a simple 30 second video posted on social media, business owners have the opportunity to build major traffic and revenue from their sites. As a co-founder of a digital marketing agency, I'm already planing forward to expanding my marketing reach through other ventures.

Entrepreneur 126

Entrepreneur Technical Review Social Media Bootstrapping 126

YoungUpstarts

MAY 28, 2020

by RJon Robins, founder and CEO of How To Manage A Small Law Firm. Businesses generate revenue by solving problems for their clients and customers. Whether you already have or decide to begin developing great long-term relationships with clients, it’s an investment that will pay long-term dividends. small businesses.

Florida 147

Florida Dividend Small Business Campaign 147

Tim Keane

JANUARY 12, 2010

  Note that this applies only to earl stage Series A-type equity financings and assumes no cash dividends are paid to investors. 3]   However, if they are built bottom up, they demonstrate and make explicit a range of business model assumptions the entrepreneur is using to think about his business and its revenue model.

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68

Lightspeed Venture Partners

OCTOBER 29, 2012

The founder, Shelton Wilder (in the middle below), sought to raise $60,000 for 20% of the company to build inventory. It eventually came out that she had previously been a co-founder of a company that had made a very similar product and had sold $150,000 worth of slips over 18 months. This caught Kevin’s attention.

Pre-Money Valuation 97

Pre-Money Valuation Offshore Valuation Cofounder 97

Mike Michalowicz

MAY 22, 2019

As mentioned in our previous article, Boston Restaurant Group Founder, Charlie Perkins, tells us that total Occupancy costs should not exceed 8% of gross revenue. Finally, yet equally important, is to evaluate all the costs involved with your location.

Software Review 68

Software Review Boston Due Diligence Dividend 68

VC Cafe

SEPTEMBER 26, 2022

The past year was a wild ride for startups and founders, giving a whole new meaning to the ”rollercoaster” aspect of being an entrepreneur. Patrick Collison , self-made billionaire founder of Stripe. Bill Gates , founder of Microsoft. Choosing a co-founder, and hiring the early employees is key to building a successful company.

Founder 187

Founder Startup Valuation Pre-Money Valuation 187

Startup Professionals Musings

MARCH 9, 2018

In the interim, there is no market for the shares, and no dividends or interest. Tie payments to your product or service revenue. Some founders are too focused on quick repayment, and they compromise strategic decisions. More than 50% fail in the first two years, and even the “overnight successes” take six years on the average.

Cram Down 148

Cram Down Angel Investor Equity Dividend 148

Startup Professionals Musings

APRIL 14, 2021

Blake Mycoskie, founder of TOMS shoes, set a higher purpose of donating a pair of shoes to the needy for every pair sold, and found that the return was far greater than the cost of donated shoes. But these days, it can pay big dividends to go above and beyond to make people happy or benefit society.

Customer 432

Customer Social Media Dividend Technical Review 432

Startup Professionals Musings

AUGUST 1, 2016

Getting investors to trust you with their money is always a challenge, and it’s even more difficult in the early stages, where you don’t have a significant revenue stream, a few customers, or maybe even a product yet. At these stages, it’s all about you, and your ability to communicate and execute effectively.

Due Diligence 120

Due Diligence Intellectual Property Preferred Stock Seed Stage 120

Mike Michalowicz

FEBRUARY 28, 2018

You produce the revenue, and you should benefit from that revenue. Too many company founders suffer under the delusion that they must sacrifice income in order to start a business. Your healthy business should pay you dividends that reflect your hard work, vision, and dedication.

Dividend 113

Dividend Employee Revenue Hiring 113

Startup Professionals Musings

MAY 2, 2016

Mark Zuckerberg can tell you a horror story about how his early informal breakup with a co-founder ultimately cost him a settlement later worth four billion dollars. A co-founder who loses interest and backs out early will likely be back to claim his half after you reach unicorn status. Delay incorporating until required by investors.

Intellectual Property 120

Intellectual Property Due Diligence Non-Compete Startup 120

Both Sides of the Table

APRIL 25, 2011

A great recent example of this was a successful group of entrepreneurs who had created a company that will do $10-12 million in revenue at their system integration business (read: services business) in 2011 after having done $5 million or so in 2010 and $2-3 million in 2009. No VC is interested in dividends – they want growth.

Silicon Valley 332

Silicon Valley IP Dividend Finance 332

Up and Running

JULY 18, 2014

Recently our Bplans audience had the chance to attend a free webinar on Small Business Taxes, hosted by the CEO and founder of TaxAlli.com, Zach Olson. First, let me start off by giving you some more background so again my name is Zach Olson and I’m the founder and CEO of TaxAlli.com. Here’s why the S corporation is so attractive.

Small Business 87

Small Business LLC Nevada Software Review 87

The Startup Lawyer

AUGUST 22, 2011

Dividend (that pays out). By paying your investor a dividend (rather than having dividends accrue and be paid out at acquisition or other typical payable events), you are simply paying back the investor with his own money. You need to figure out why your potential angel investor wants to control your startup. Personal Guaranty.

Angel Investor 99

Angel Investor Dividend Dilution Cofounder 99

Startup Professionals Musings

NOVEMBER 11, 2015

In the interim, there is no market for the shares, and no dividends or interest. Tie payments to your product or service revenue. Some founders are too focused on quick repayment, and they compromise strategic decisions. More than 50% fail in the first two years, and even the “overnight successes” take six years on the average.

Cram Down 120

Cram Down Angel Investor Equity Dividend 120

The Equity Kicker

SEPTEMBER 15, 2016

Ben’s point is that investing time in proper planning pays huge dividends when building products. Once revenues are established, then maintaining some level of growth is hugely important. There’s no universally applicable answer, but here are some guidelines from our experience: Growth is the biggest driver of value.

Dividend 60

Dividend Partner Revenue Programming 60

Both Sides of the Table

APRIL 14, 2010

It will usually be higher because the liquidation preference has a dividend so if the deal is long in the tooth assume that the liquidation preference might be $20-22 million. management, founders, angel investors) get any money. Liquidation preference is the amount of money that an investor gets paid before the common stock (e.g.

Venture Capital 289

Venture Capital Liquidation Preference Common Stock Dividend 289

Duct Tape Marketing

JULY 26, 2018

John Jantsch: If you’re a founder of a startup, maybe you need some brutally honest advice from somebody who’s been there. He is the founder and former CEO of Moz. But we’re going to talk a lot about his new book called, “ Lost and Founder: A Painfully Honest Field Guide to the Startup World. Transcript.

Silicon Valley 33

Silicon Valley SEO Startup Technical Review 33

The Startup Toolkit

DECEMBER 4, 2013

A few weeks ago, In Costa Rica, I talked to a guy whose company did 7 million revenue its first year. Now, a couple years on, he and his cofounders are taking a 5 million dividend apiece and it’s growing fast. Founders' I wanted to know why he can pull that off and I can’t. He’s 42; I’m 29.

Costa Rica 55

Costa Rica Cofounder Dividend Revenue 55

YoungUpstarts

MAY 21, 2012

Simply put, smart businesses tend to follow the money, and sometimes that means growing into a business the founders hadn’t ever imagined. 3M struggled, and was not able to pay dividends until 1916, but years of trouble laid the foundation for smart production, supply, and innovation. Berkshire Hathaway.

Mississippi 209

Mississippi San Francisco Minnesota Bankruptcy 209

Mike Michalowicz

FEBRUARY 24, 2015

You produce the revenue, and you should benefit from that revenue. Too many company founders suffer under the delusion that they must sacrifice income in order to start a business. Your healthy business should pay you dividends that reflect your hard work, vision, and dedication.

Dividend 60

Dividend Employee Revenue Hiring 60

ConversionXL

MAY 27, 2022

Then they increased their revenue from $2M to $6M in six months. In this article, you’ll learn how to build a demand generation funnel that fuels the pipeline, shortens the sale cycle, and generates revenue. But when executed right, it pays dividends. Your number one metric for any marketing initiative should be revenue.

Demand 124

Demand B2B Distribution Channel 124