Remove Early Stage Remove Hiring Remove Management Remove Product Development
article thumbnail

Startup Sales – Why Hiring Seasoned Reps May Not Work

Both Sides of the Table

Even if you don’t have “direct&# sales I would tell you that “everything is a sale&# including fund raising, hiring, getting press and doing business development. One of the biggest mistakes I see early-stage startups making is hiring “seasoned&# sales professionals or hiring people too senior, too early.

Hiring 346
article thumbnail

How to Configure Your Startup Team

Both Sides of the Table

I am fond of quoting that about 70% of my investment decision of an early-stage company is the team. But not anal if one founder who shares equity graciously with early employees who are treated as “co-founders” My idea startup team is heaving on tech personnel but also has strong product management.

Cofounder 388
Insiders

Sign Up for our Newsletter

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

article thumbnail

Extremely Valuable Tips for Creating a Financial Forecast During the Early Stages of an Entrepreneurial Journey

Up and Running

Things like product development, materials and packaging, performance-based bonuses, and more. Bringing in a business manager or an advisor is a great way to make sure all of the details are taken care of and paid for. Communication (telephone, internet). Equipment and licensing (computers, servers, software, and so on).

article thumbnail

Accelerator Spotlight: Caesar Sustainability

View from Seed

CC: Our customers are companies that are collecting, managing, and tracking their ESG data. . RH: What’s your favorite thing about being an early-stage founder? One hour I’m deep into product development, the next I’m thinking about our hiring needs and recruiting, to the next on a sales call.

DC 156
article thumbnail

How to Survive Four Common Worst Case Scenarios

Startup Professionals Musings

There are unknowns at every turn, leading product development, attracting customers, managing cash, and dealing with human resources and office politics. Trusted partners quit, personal friends become enemies, and staff management becomes a huge burden. Stretch” goals in early-stage are not advised.

article thumbnail

10 Steps To Second Stage Success For Your New Venture

Startup Professionals Musings

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.

Mezzanine 368
article thumbnail

Four Major Startup Stages That You Should Know About

YoungUpstarts

by Arsalan Sajid, startup community manager at Cloudways. In this article, we will discuss why it is important to understand the whole startup stages concept before you start a business to get the most benefit. Early Stage. This startup stage starts from the day you decide to work on a startup idea. Commitment.

Startup 113