The Startup Magazine

JANUARY 27, 2022

Every startup needs financing in order to get off the ground, but maintaining a stream of income is also crucial for staying in business. While you don’t have to be a financial professional, understanding the basics of business finance is still important for tracking your budgets and overall financial performance. Project planning.

Startup 105

Startup Web Development Australia Forecast 105

YoungUpstarts

JUNE 4, 2019

Most early stage startups tend to do well in this area because entrepreneurs generally launch their startups believing they have a great product idea. What does this mean for their early stage investors? Weak revenue architecture poses the greatest near-term risk of failure for most early stage startups.

Framework 115

Framework Architecture Cleveland Early Stage 115

Both Sides of the Table

JULY 1, 2010

A good early-stage CEO needs to be accessible, to be accountable for producing results and should be establishing the cultural norms of the company through direct leadership at all levels. As a content management system we had lots of write activities and went with Postgres. I’m not a big believer in too much hierarchy.

CTO Hire 308

CTO Hire Management Technical Review Part-Time VPE 308

YoungUpstarts

MAY 24, 2019

Most early stage startups tend to do well in this area because entrepreneurs generally launch their startups believing they have a great product idea. What does this mean for their early stage investors? Weak revenue architecture poses the greatest near-term risk of failure for most early stage startups.

Framework 101

Framework Architecture Cleveland Early Stage 101

Both Sides of the Table

NOVEMBER 14, 2017

An alternate outcome that I also unfortunately observe in some cases are companies who had extreme early success with an initial product adoption but failed in key areas that limited the growth and therefore the ultimate financial outcomes. As an early-stage VC I love this phase.

Operations 286

Operations New York City Technical Review Startup 286

Both Sides of the Table

JUNE 30, 2016

It is a truism that with more capital you will hire people more quickly and spend more liberally whether it’s on external contractors, PR firms, attending events, doing legal work (trademarks, patents) or whatever. It forces harder decisions about whom you’ll hire and whom you’ll delay. million or $4 million.

Pre-Money Valuation 292

Pre-Money Valuation Valuation Early Stage Startup 292

Up and Running

JULY 28, 2022

Partnership – Formed by two or more owners in agreement on how to start, manage and operate a business. You’ll need the EIN to pay taxes for your business, apply for licenses and permits, open a bank account, and hire and pay employees. The right time for drafting a founders agreement is in the early stages of business.

Small Business 167

Small Business Intellectual Property Cofounder Software Review 167

Steve Blank

NOVEMBER 1, 2011

Every potential early-stage Venture Capitalist should take a year and do it before he or she makes partner. Early-stage Venture Capital firms grow their partnerships in different ways, some hire: partners from other firms. Today, you can start a web/mobile/cloud startup for $500,000 and have money left over.

Venture Capital 332

Venture Capital Early Stage Technical Review Startup 332

The Startup Magazine

JULY 1, 2019

What you may not know is that 82% fail due to poor cash flow management, according to a study by a US Bank. While hiring a CPA may be quite costly for a startup that is yet to establish a footing in the business world, it does have its own benefits. Perform inventory management. Hire a Bookkeeper. Generate invoices.

CPA 70

CPA Software Review Bankruptcy Early Stage 70

Startup Professionals Musings

MAY 30, 2022

Early-stage entrepreneurs rightly keep their focus on creating an innovative product or service. After celebrating success at that level, they often find themselves ill-prepared to move to the next stage, for scaling their business into a high-performing enterprise. Hire more help than helpers. There is no free lunch.

Mezzanine 368

Mezzanine Private Equity Bandwidth Metrics 368

Business Plan Blog

OCTOBER 4, 2013

The single most important factor to raising capital for any tech startup is the management team. This is true for early stage funding as well as venture capital funding. Don’t hire people with skills and qualifications similar to yours. Hire based on functionality and avoid having too many C’s.

Part-Time VPE 79

Part-Time VPE Fractional VPE Cofounder CTO Hire 79

Hearpreneur

OCTOBER 25, 2023

3- Investing both time and finance Photo Credit: Jonathan Hussey The biggest thing for me is to understand what you're undertaking before you start. However, if you do manage to find success, the rewards can be significant. And that can make or break your customer retention, especially in the early stages.

eCommerce 129

eCommerce Omaha Entrepreneur SEO 129

Up and Running

NOVEMBER 26, 2018

Most healthy businesses need business financing at some point. Startups have to deal with starting costs and ongoing businesses have to finance growth and working capital. Financing options depend on what kind of business you have. Don’t waste your time looking for the wrong kind of financing. You should.

SBA 161

SBA Venture Capital Angel Investor Technical Review 161

VC Cafe

JULY 21, 2022

Private financing market continued to see strong deal activity with $3.6B in total financings in Q2, surpassing Q1 total through 169 deals. In addition, several gaming companies announced layoffs, including Unity and Niantic and many others froze hiring. While mobile game revenue was down 6.6% as they reached 28.1

Forecast 190

Forecast IP Mobile Acquisition 190

YoungUpstarts

AUGUST 31, 2019

You should never leave the office at the end of any day or week without having all finances reconciled with the proper supporting documentation. Hire the Right People. Make sure you take hiring seriously and don’t make foolish mistakes that put your company on unstable footing. It’s easy for one slip-up to snowball into another.

Burn Rate 131

Burn Rate Startup Lean Early Stage 131

David Teten

APRIL 1, 2021

Once you have assembled the right core team, I recommend prioritizing as follows: First, meet with your portfolio company management. As an agenda for each meeting, I suggest: – How can we most add value, in addition to helping with financing? This is an open-ended query and the most important question.). Customer Development.

Private Equity 78

Private Equity Venture Capital Portfolio Equity 78

YoungUpstarts

MAY 27, 2019

You have to be careful, and realize you will make mistakes, about who you hire early in the life of your company. Recognize your hiring mistakes and correct them quickly. This is an especially dangerous pitfall for early stage startups and new entrepreneurs. Teams often don’t rise to the level of their best people.

Cofounder 125

Cofounder Private Equity Software Review Equity 125

Startup Professionals Musings

OCTOBER 31, 2022

After many years in business, I’m convinced that none of us has the strengths and interest in all the areas needed for success, including solution changes, finance, marketing, and operations. This work requires market feedback, managing trials, and working with the sales team as well as developers.

Metrics 272

Metrics Early Stage Finance Programming 272

Startup Professionals Musings

SEPTEMBER 4, 2022

Even though everyone has an opinion on good early stage practices, I was impressed with the actionable blueprint in the classic book by Scott Duffy, “ Launch! Duffy emphasizes the often overlooked personal side of entrepreneurship, including balancing finances, relationships, and your health.

Early Stage 307

Early Stage Bootstrapping Revenue Framework 307

Steve Blank

APRIL 11, 2013

In the last decade Torch managed to break free of China’s state central planning bureaucracies. Examples are Hollywood for movies, Milan for fashion, New York for finance and today, Silicon Valley for technology entrepreneurship. The early clusters occurred by happenstance of geography or history. Venture Guiding Fund.

Programming 280

Programming Technical Review SBIR China 280

The Startup Magazine

OCTOBER 9, 2019

The vast majority of startups fail because the founders that drive them fail to recognize the importance of critical factors such as accounting, cash flow management, and business structure. . Practice Effective Cash Flow Management. Nine out of ten startups fail solely due to improper cash flow management.

Technical Review 80

Technical Review Bootstrapping Startup Finance 80

Both Sides of the Table

MAY 2, 2015

What I love about my job is getting to see teams of super-early-stage companies develop ideas that while raw have potential to make an impact on the market. For a well-funded seed company I have controversially recommended hiring a great office manager that doubles as an administrative assistant.

Operations 150

Operations Metrics Early Stage Non-Compete 150

Feld Thoughts

NOVEMBER 18, 2013

Following is his advice to early stage entrepreneurs for creating structure in their company. Here’s the punchline: if you run your company as if you have closed a VC equity financing round even though you actually closed a convertible debt round, you’ll be in much better shape when it comes time to raise your Series A financing.

Burn Rate 152

Burn Rate Equity Software Review Early Stage 152

This is going to be BIG.

MAY 19, 2010

Early stage startups have that task many times over after they receive their first funding. That's why hiring at the stage that our companies tend to be at is a unique proposition.one that can seriously create or destroy a ton of value. We're going to adjust the frequency of the Key Hire Wire and perhaps wind it down.

CTO Hire 99

CTO Hire Hiring Portfolio Early Stage 99

Transformify

SEPTEMBER 12, 2017

Commenced in July 2017, The Youth Enterprise Development Fund provides start-up loans to help young entrepreneurs fund their businesses at a very early stage. The ‘’must have ingredients’’ of a strong start-up team are tech, product/project management, marketing, sales, and business/finance competences.

Africa 75

Africa Nigeria Benin Mauritius 75

Both Sides of the Table

APRIL 13, 2011

There was a lot of consumer internet activity again…resurgence of things, but it was still mysterious, venture capital was still kind of closed, 1st time entrepreneurs had a lot of questions that were unanswered, and there was still some sort of hand waiving around all the financing stuff and so we took it on….”.

Technical Review 288

Technical Review Venture Capital Silicon Valley Software Review 288

Mucker Lab

MAY 28, 2020

This post originally appeared in TechCrunch back in 2015, written by our co-founder and managing partner Erik Rannala. Hire the wrong people. Bad hiring decisions are often a symptom of premature scaling. Why hire a sales team when you have nothing to sell yet? Be trigger shy about hiring.

Startup 78

Startup Cofounder Burn Rate Technical Review 78

Steve Blank

SEPTEMBER 1, 2011

They hire local employees or family. They hire the best and the brightest. Any government that starts public financing entrepreneurship better have a plan to get out of it by building a private VC industry. They are anyone who runs his/her own business. They work as hard as any Silicon Valley entrepreneur.

Government 335

Government Silicon Valley Startup Venture Capital 335

View from Seed

FEBRUARY 27, 2019

Most startups don’t have the luxury of hiring an experienced PM early in their journey. Many founders have to turn to brute force to figure it out, even when they themselves don’t have practitioner product management experience. growth/revenue target) to get to the next stage/financing round.

Hiring 120

Hiring Bandwidth Product Early Stage 120

David Teten

JANUARY 21, 2021

VI: Revenue-based financing: The next step for private equity and early-stage investment. This is a summary of: Revenue-Based financing: State of the Industry 2020. Versatile is an aggressive user of technology internally to manage the firm and make better investments. . Check sizes range from $15k – $50k.

Equity 78

Equity Revenue Cofounder Colorado 78

Both Sides of the Table

JULY 9, 2013

If you’re at a startup and new to sales & sales people you might want to read my basic primers: Why hiring seasoned reps at a startup might not work. Or thinking about how much capital you have and therefore how many people you can hire – you rigorously prioritize. Managing C deals is called “nurturing.”

Customer 324

Customer PR Marketing Technical Review 324

View from Seed

FEBRUARY 9, 2016

As a result, the interview process during the seed stage can feel a bit more meandering to the hiring manager — who is most likely the founder(s) given the size and stage of the company. Here’s what we learned… Hire a Missionary. Ben Rubin , Co-founder & CEO, 10% Happier.

Founder 120

Founder Seed Stage Cofounder Boston 120

Both Sides of the Table

OCTOBER 31, 2010

As your company develops multiple offices, hires a larger number of sales people or increases product complexity over time this kind of tacit knowledge doesn’t scale. The new hires that you pick up will use your same sales decks created by marketing but will have less impact and you often don’t realize it’s happening.

Sales 286

Sales PR Forecast Technical Review 286

YoungUpstarts

OCTOBER 28, 2015

This article highlights their advice on issues ranging from financing to patent trolls: While startups may believe lawyers are too costly, working with one early on avoids potentially serious problems later. ” The Cost of Financing. Investors’ fees are capped, which influences what a startup will pay its own lawyers.

Convertible Security 100

Convertible Security IP Technical Review Software Review 100

Steve Blank

APRIL 11, 2013

In the last decade Torch managed to break free of China’s state central planning bureaucracies. Examples are Hollywood for movies, Milan for fashion, New York for finance and today, Silicon Valley for technology entrepreneurship. The early clusters occurred by happenstance of geography or history. Venture Guiding Fund.

Programming 172

Programming Technical Review SBIR China 172

This is going to be BIG.

AUGUST 22, 2012

Who should you hire? Let’s start out with the basic functions of a tech company: 1) Engineering 2) Marketing 3) Sales 4) Business development 5) PR 6) Design 7) Product Management 8) HR 9) Operations 10) Finance Ok, that's just overwhelming. Getting people to join your company is a key goal of early PR.

PR 132

PR Technical Review Seed Stage Design 132

Up and Running

DECEMBER 9, 2014

Bates: Good morning and welcome to our CEO panel, “How to Fine-Tune Your Small Business Finances From Funding to Growth” which I think is the direction that we would all like to be going. I’m here with some really phenomenal CEOs who are going to talk to us today about small business finances from funding to growth.

Small Business 95

Small Business Finance Forecast Metrics 95