Startup Professionals Musings

FEBRUARY 18, 2023

If the company has been around for more than a couple of years, and still has no product or revenue flow, there better be a good explanation. One more key employee or one more investor will probably not turn the situation around. Look for examples of similar companies and revenue multiples achieved from acquirers.

Sweat Equity 207

Sweat Equity Burn Rate Technical Review Intellectual Property 207

The Startup Magazine

MAY 31, 2022

Any operation that involves an employee, like recruitment, payroll management, or even offboarding, can be included in these HR functions or duties. . Most HR functions are outsourced to an HR consulting agency by SMBs (10–500 employees). We are introducing new employees to the organization. What Is Human Resources Outsourcing?

United States 136

United States Salary UAE Hiring 136

Up and Running

JUNE 1, 2021

It’s even possible for many of them to be revenue-neutral or better. Here’s an explanation of what conditions make an employee benefit revenue-neutral and a look at the five best options for businesses in a post-pandemic hiring environment. What is a revenue-neutral benefit? Flexible working arrangements.

Revenue 150

Revenue Employee Small Business Matching 150

David Teten

AUGUST 19, 2019

So you’re interested in raising capital from a Revenue-Based Investor VC. A new wave of Revenue-Based Investors (“RBI”) are emerging. For background, see Revenue-Based Investing: A New Option for Founders who Care About Control. Rational burn profile, up to 50% of revenue at close, scaling down. Bigfoot Capital.

Revenue 60

Revenue Technical Review Software Review Equity 60

YoungUpstarts

AUGUST 18, 2020

Liabilities are anything that the company owes, often coming with the word “payable,” and may include items such debt owed to creditors and salaries due to employees. Look at Revenues. Use previous years’ revenue figures to get an idea of how much revenue your business is likely to generate in the coming fiscal year.

Balance Sheet 195

Balance Sheet Valuation Software Review .Net 195

Startup Professionals Musings

SEPTEMBER 29, 2018

Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. This could equate to two technical founders (with a minimal salary), funding two developers for a year.

Burn Rate 223

Burn Rate Hockey Stick Startup Salary 223

Feld Thoughts

OCTOBER 28, 2011

While Jane was building SayAhh’s revenue projections , Dick focused his attention on building the expense side of the projections. It is simple in that it forecasts how much cash will be coming in the door (revenues + equity financing + debt financing) and then subtracts from that amount how much cash is expected to be going out the door.

Revenue 127

Revenue Balance Sheet Forecast Software Review 127

Startup Professionals Musings

OCTOBER 5, 2014

Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. This could equate to two technical founders (with a minimal salary), funding two developers for a year.

Burn Rate 262

Burn Rate Hockey Stick Entrepreneur Salary 262

Up and Running

JULY 28, 2022

Generally, the size is based on the number of employees and annual receipts for a given period. Small Business Administration , an organization is considered to be a small business if their: Firm revenue ranges from $1 million to $40 million Number of employees is between 100 and 1,500. According to the U.S.

Small Business 167

Small Business Intellectual Property Cofounder Software Review 167

Steve Blank

MAY 19, 2015

I had lunch last week with Tom, the CEO of a startup that was quickly becoming a large company – last year’s revenue was $40M, this year likely to be $80M maybe even $100 million in ad revenue. to drive traffic to their site, which they then turned into ad revenue. Organizational debt was coming due.

Technical Review 120

Technical Review Salary Early Stage Software Review 120

The Startup Magazine

NOVEMBER 13, 2020

Employee Benefits. It’s not enough to base your estimates on salaries alone. You also need to consider taxes, perks and other employee benefits including healthcare, holidays, retirement and so forth. What you’ll have to spend on each policy depends on key areas such as business type, size, location, revenue and risk factors.

Cost 109

Cost Entrepreneur Software Review Salary 109

Hearpreneur

JANUARY 1, 2023

As I've taken the time to invest in companies and programs that can manage various facets of my business on my behalf, I've been able to increase my revenue and provide better financial insulation for my firm to help it withstand the negative effects of a recession. Our teams and employees are our biggest support during an economic downturn.

Entrepreneur 96

Entrepreneur Software Review Technical Review Revenue 96

Startup Professionals Musings

SEPTEMBER 14, 2016

Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. This could equate to two technical founders (with a minimal salary), funding two developers for a year.

Burn Rate 120

Burn Rate Hockey Stick Startup Salary 120

This is going to be BIG.

NOVEMBER 24, 2014

When I was coming out of college, working in finance, I used to think a lot about my salary. I liked maxing out on raises and I liked the feeling I got getting to a six figure salary. It was, in my mind, what the salary meant. Founders, I think the best thing you can do with your earliest employees is to be transparent.

Salary 130

Salary Venture Capital Equity Finance 130

ConversionXL

JUNE 8, 2017

It is about focusing your marketing efforts on a few select companies that could represent huge revenue streams. For example, here is a version of the Optimizely’s homepage personalized for Adidas employees : Image Source. The post Personalization: How to Build a Revenue Boosting Program from Scratch appeared first on CXL.

Programming 97

Programming Revenue Analytics Software Review 97

Austin Startup

MAY 8, 2018

Background reading: Founder Compensation: Cash, Equity, Liquidity Fatal Errors in Early Startup Hiring Early Hires: Options or Stock Given how deeply involved we are with early-stage startups hiring their first key employees, I figured it would be helpful to outline a few key principles to help entrepreneurs navigate the topic.

Employee 48

Employee Seed Stage Startup Equity 48

Both Sides of the Table

DECEMBER 27, 2011

If you hire 6 sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business for 4-6 months. They have have raised $2-3 million, built a product that has some amount of market traction and got to annualized revenues of around $1 million.

Startup 418

Startup Revenue Technical Review Flash 418

YoungUpstarts

JULY 16, 2019

Information systems analyst and consultants start at a median salary of $74,048. Information and communications technology include 4,600 companies and 45,000 employees. This generated $16 billion in annual revenues in 2015. Tech sector employees earned on average approximately $67,000 per the Brookfield Institute report.

Canada 167

Canada Hiring Artificial Inteligence Software Developers 167

YoungUpstarts

AUGUST 3, 2017

Any banker or accountant will tell a small business owner that it’s crucial to separate personal and business finances in order to accurately track revenue streams and create measurable business goals. When finances are clustered together, it’s difficult to distinguish which deposits are considered personal income versus business revenue.

Small Business 140

Small Business Finance Distribution Government 140

Hearpreneur

JANUARY 19, 2022

The team, on the other hand, is focused on remaining upbeat, and leaders go out of their way to help employees in any way they can, even if that means staying up late at night to talk them through anything they're going through. My business pivoted as a result of the pandemic by becoming more remote for my employees.

Entrepreneur 119

Entrepreneur Metrics Technical Review North America 119

ReadWriteStart

FEBRUARY 21, 2021

In many cases, digital marketing offers a return on investment (ROI) of many times your initial capital, meaning $1,000 per month in spending could turn into $3,000 per month in revenue. It also means your employees will (in many cases) benefit form higher morale and higher productivity. Employees are Your Largest Investment.

Startup 106

Startup Software Review Open Source Technical Review 106

Startup Professionals Musings

APRIL 8, 2015

If the company has been around for more than a couple of years, and still has no product or revenue flow, there better be a good explanation. One more key employee or one more investor will probably not turn the situation around. Look for examples of similar companies and revenue multiples achieved from acquirers.

Technical Review 120

Technical Review Due Diligence Sweat Equity Burn Rate 120

Startup Professionals Musings

APRIL 10, 2016

If the company has been around for more than a couple of years, and still has no product or revenue flow, there better be a good explanation. One more key employee or one more investor will probably not turn the situation around. Look for examples of similar companies and revenue multiples achieved from acquirers.

Sweat Equity 120

Sweat Equity Burn Rate Technical Review Intellectual Property 120

Steve Blank

NOVEMBER 1, 2017

At GE the biggest problem in 2017 was major revenue misses in their Power business.) Often the short-term cuts directly affect employee salaries, jobs, and long-term investment in R&D. capture the imagination of investors and can focus on revenue and user growth instead of on the bottom line. So What is a CEO to Do?

Institutional Investors 233

Institutional Investors Dividend Stock Technical Review 233

Startup Professionals Musings

MARCH 22, 2023

I have personally worked as an employee of large businesses, as well as a partner in new ventures, and found the latter to have more potential for satisfaction. Rather than a focus on salary and perks, your focus is on customers, revenue, and operations. Incent high employee engagement and accountability.

Metrics 279

Metrics Startup Agile Salary 279

Hearpreneur

FEBRUARY 26, 2023

One result of this was the beginning of the Great Resignation surge, which prompted employers to realize that they need to adapt to the changing needs of their employees if they want to keep them. If companies give employees, and entrepreneurs, a chance to innovate within their day-to-day roles, this could be a win-win.

Entrepreneur 131

Entrepreneur Georgia Employee Reputation 131

YoungUpstarts

SEPTEMBER 29, 2014

Employees want a paycheck on time. But making a mistake, especially when it comes to government taxes and regulations, could land you in trouble with the Internal Revenue Service (IRS). As the new year starts, employers have to ensure they have mailed or provided their employees the IRS W-2 form no later than January 31.

Small Business 165

Small Business Software Review Salary Government 165

Hearpreneur

AUGUST 11, 2021

There will be less employees and more solopreneurs. With a simple 30 second video posted on social media, business owners have the opportunity to build major traffic and revenue from their sites. If nothing else, the pandemic taught us that employees can be extremely effective in remote settings and that many enjoy working remotely.

Entrepreneur 126

Entrepreneur Technical Review Social Media Bootstrapping 126

A Smart Bear: Startups and Marketing for Geeks

FEBRUARY 23, 2016

SnapChat, Pinterest, WeWork, InstaCart, Square, FourSquare, and even Twitter, who has impressive revenue but has still never been profitable). Uber makes entrepreneurs out of under-paid employees who were indentured slaves to the medallion system, but perhaps they are still indentured and still under-paid.

Technical Review 120

Technical Review Viral Metrics Salary 120

ReadWriteStart

JANUARY 26, 2021

The solution is to start generating consistent revenue faster or to work with angel investors or venture capitalists to get more funding. If you want to continue existing, you need to make money—ideally more money than you’re spending on things like employee salaries and raw materials. The Wrong Team. Internal Disputes.

Startup 180

Startup Angel Investor Business Model Demand 180

Steve Blank

MARCH 17, 2020

Large companies are sending employees to work at home. If you’re running a startup or small business, your first priority (after your family) is keeping your employees and customers safe. And how much are variable expenses (salaries, consultants, commission, travel, AWS/Azure charges, supplies, etc.?). Laying off people?

Burn Rate 436

Burn Rate Startup Valuation Sales Cycle 436

Duct Tape Marketing

NOVEMBER 21, 2022

But with an average annual salary of over $330,000 many small to mid-sized businesses can’t easily afford a CMO. Hiring, managing, and sometimes promoting employees are commonly known responsibilities of a fractional CMO. Other responsibilities of a Fractional CMO are creating programs that support employees in different ways.

Fractional CTO 63

Fractional CTO Small Business Metrics Revenue 63

www.avc.com

SEPTEMBER 22, 2011

Employee Equity: How Much? The most common comment in this long and complicated MBA Mondays series on Employee Equity is the question of how much equity should you grant when you make a hire. Once you have assembled a core team that is operating the business, you need to move from art to science in terms of granting employee equity.

Equity 64

Equity Employee CTO Hire Fractional CTO 64

ReadWriteStart

JUNE 14, 2012

Most businesses stay that way - there are many more solo entrepreneurs than business owners with employees. You’ll save a lot of tension and disruption down the road if you’re upfront and manage your team's expectations regarding your expected timeline for funding, higher salaries, bonuses, etc. It’s worth spending time on recruiting.

Technical Review 159

Technical Review CTO Hire Software Review Startup 159

Berkonomics

OCTOBER 21, 2021

Should be overwhelm prospective employees with stock options and perks? Salaries or hourly wages must be within reasonable limits set by the industry and matched by the competition, both regionally and for the same job classification. But more difficult is the sticky issue of employee incentive compensation.

Employee 62

Employee Stock Options Salary Stock 62

Up and Running

AUGUST 19, 2014

You might have held off paying yourself while launching your startup, but is it time to give yourself a salary? Here are seven things to consider in order to determine if now is the right time to pay yourself a salary. Once you generate the financial support of investors, it may be time to reward yourself with a salary.

Salary 119

Salary Sweat Equity Silicon Valley Sales Cycle 119

crowdSPRING Blog

MARCH 10, 2013

In the creative industries this is an everyday fact of business: overhead is constant, but revenue ebbs and flows throughout the year; some months there are so many clients and so much business that these service providers are forced to hire contractors or freelancers just to handle the extra workload.

Lean 93

Lean Management Salary Hiring 93