Startup Professionals Musings

FEBRUARY 17, 2018

Entrepreneurs see “no risk” as meaning “no reward.” There are no guarantees in business, but it pays to learn from the experiences of entrepreneurs and business experts who have gone before you. Trying to save money by recruiting family members, or hiring only interns, is a bad risk. In reality, all risks are not the same.

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Startup Professionals Musings

DECEMBER 10, 2022

In my own experience as a startup advisor and mentor, I find that entrepreneurs who can’t attract and maintain a highly motivated team rarely even get off the ground. Thus if you want to change the world with your new business, you need to follow the example of startups like Zappos , which hires according to cultural fit first.

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Feld Thoughts

JANUARY 17, 2013

I embrace this – my goal is to help these entrepreneurs and management teams win. I’ve never really understood why the majority of stock option refresh grants are stacked grants mid-way through the granting process. options / month, or 2,500 / year.) One thing, however, has always baffled me.

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Startup Professionals Musings

JUNE 11, 2014

Yet every entrepreneur I meet wants to talk about the idea, and rarely mentions the team. Thus I was happy to see a new book, “ The Tech Entrepreneur’s Survival Guide ,” by Bernd Schoner, PhD, and cofounder of ThingMagic, which leans heavily on the people side of the equation. dream team entrepreneur startup technical'

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Startup Professionals Musings

FEBRUARY 18, 2018

Yet every entrepreneur I meet wants to talk about the idea, and rarely mentions the team. Thus I was happily surprised when I found the classic book, “ The Tech Entrepreneur’s Survival Guide ,” by Bernd Schoner, PhD, and cofounder of ThingMagic, which leans heavily on the people side of the equation.

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Startup Professionals Musings

SEPTEMBER 9, 2015

Entrepreneurs see “no risk” as meaning “no reward.” There are no guarantees in business, but it pays to learn from the experiences of entrepreneurs and business experts who have gone before you. Trying to save money by recruiting family members, or hiring only interns, is a bad risk. In reality, all risks are not the same.

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Forecast Startup Stock Options Technical Review 120

Both Sides of the Table

JANUARY 21, 2010

I recently read a post over on VentureHacks titled, “ Top Ten Reasons Entrepreneurs Hate Lawyers &# written by Scott Walker (who blogs on legal issues for entrepreneurs ). Forget to get around to setting up that Employee Stock Option Plan and want to be able to give the early guys their options at a low strike price?

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Up and Running

DECEMBER 1, 2015

If however you are giving a “normal employee” an incentive stock option plan (more on that later), that’s entirely different. Make sure you understand all of your options before making any decisions. When business owners decide to go down the route of equity compensation, there are two primary options to choose between.

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Startup Professionals Musings

MARCH 11, 2020

In my own experience as a startup advisor and mentor, I find that entrepreneurs who can’t attract and maintain a highly motivated team rarely even get off the ground. Thus if you want to change the world with your new business, you need to follow the example of startups like Zappos , which hires according to cultural fit first.

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Hearpreneur

DECEMBER 31, 2017

So that’s why we are excited about 2018 because there will be more and more entrepreneurs and businesses. Here’s something other entrepreneurs look forward to:: #1- Bring in a new team. I have spent a great deal of time studying the fundamentals of stocks, option trades, goal-setting, and public speaking.

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www.thedailymuse.com

SEPTEMBER 18, 2012

We’re Hiring. What Start-ups Should Know About Hiring a Lawyer. Hiring and working with a lawyer is often confusing and daunting, especially if you’ve never done it before. What should new entrepreneurs look for when hiring a lawyer? Hiring employees. We’re Hiring. Get Involved.

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Startup Professionals Musings

SEPTEMBER 13, 2015

Yet every entrepreneur I meet wants to talk about the idea, and rarely mentions the team. Thus I was happy to see a recent book, “ The Tech Entrepreneur’s Survival Guide ,” by Bernd Schoner, PhD, and cofounder of ThingMagic, which leans heavily on the people side of the equation.

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Technical Cofounder Cofounder Advisory Board Stock Options 120

Startup Professionals Musings

APRIL 10, 2016

Every startup should have at least a couple of outside advisors who are not major investors or family members, anxious to talk to new investors and key new hires. Calculate employee stock option values and vesting times, as well as salary. Any outside advisors or board members available for discussion?

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crowdSPRING Blog

OCTOBER 10, 2014

Why entrepreneurs should learn to say “I don’t know” more often – crowdspring.co/1pGXXeF. “the people you fire are more important to your [company''s] culture than the people you hire.” Stock option questions startup employees should ask | Business Insider – crowdspring.co/1n8lUje.

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Up and Running

JANUARY 4, 2017

See Also: Bplans Quiz: Are You Entrepreneur Material? For an entrepreneur, challenges are almost guaranteed. Successful entrepreneurs know that they cannot do it all. The savvy entrepreneur knows when and what to delegate. Hiring the right employees. See Also: How to Hire Your First Employee.

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www.drowningamerican.com

JUNE 22, 2012

Next → How we Hire for Sweat Equity (Part 2)… Posted on April 7, 2011 by Travis Biziorek. The first time we hired partners for Kibin was way back in late 2009. I’ve heard people say it’s impossible to hire good developers right now. I want to hire before I have the ability to pay anyone.

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Both Sides of the Table

MAY 2, 2015

For a well-funded seed company I have controversially recommended hiring a great office manager that doubles as an administrative assistant. This happens because many CEOs are passionate, market-driven people who are constantly trying to launch new products, win contracts, get press, hire staff and woo VCs. Timing of cash payments.

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Both Sides of the Table

APRIL 19, 2011

o Early on they hired 3 people from ACT software at once (more team hiring) on staff and supplement it with Agency (in LA worked with First Communications – good). Mark: 10% warrant coverage is like stock options. On Entrepreneurship: What makes a great entrepreneur? And he said ok got it.

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Both Sides of the Table

JUNE 17, 2017

It was a stock option incentive related “expense” but I bet you didn’t know that because in an era where we only read the headlines — they must be a train wreck losing billions. If you don’t have a strong balance sheet and can’t hire more people that’s fine — but understand this may lead to slower growth. Two-f **g-billion!

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The Next Web

AUGUST 12, 2013

It’s part three of a series, cross-posted from his own blog , in which he draws on his experience to offer advice for aspiring entrepreneurs in Europe and beyond. If you want to be an entrepreneur, think like an athlete and define your own mission. They should be able to hire great designers to help build a better product.

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Startup Professionals Musings

MARCH 2, 2018

One of the lessons I have learned over the years as a business executive, and now as a mentor to entrepreneurs, is that if you really want employees who enthusiastically take ownership of their work, you have to start treating them like owners, not renters. Make them owners with stock options and actions.

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The Startup Magazine

JUNE 1, 2023

If the best client success person is in Oklahoma instead of LA, we’re going to hire her, (in fact, we did). Hire versatile players and lean into your team The SVB collapse reminded us that staffing matters. It emphasized to us that we need to make versatile hires with a focus on talent and ability to learn over experience.

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Up and Running

SEPTEMBER 10, 2014

Entrepreneurs need to find a way to get traction (sales) without funding. If entrepreneurs are only pitching to angel groups, they’re only pitching to 6% of the active angels, and 0.4% However, entrepreneurs still need to approach angel investors offline for larger amounts of capital. Stock Option.

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Startup Professionals Musings

SEPTEMBER 5, 2011

As an employee, you salary will likely be low, your job security low, so the job title better be large, and the stock options better be large. They should be asking to speak to you if you are a potential investor or a superstar hire. What traction can be measured today? Who is a real customer that I can talk to?

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Hunter Walker

OCTOBER 24, 2013

Even when putting together our Entrepreneur Advisory Board we looked for folks who built not just amazing businesses but strong cores. Example conversation, which works whether the CEO is really interested in defining culture proactively or comes to the discussion with skepticism: Me : So you want to hire two engineers and a designer, right?

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Up and Running

JULY 2, 2014

We had personally invested $70,000 of our own money at this point, and we were hoping to raise at least another $250,000 to help us hire a team, launch our company, and begin to build our product. Now, if you’re a savvy investor or entrepreneur, I’m sure your jaw just dropped as you read that. ownership and never dilute.

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Technical Review Angel Investor Due Diligence Dilution 118

David Teten

AUGUST 1, 2019

Negotiate Your Equity And Salary With Stock Option Counsel Tips. Private company stock option grants: a founder’s guide to who gets what, when. How to assign stock options in early-stage startups. Any survey data on stock grants in private companies? Guide to Startup Stock Option Grants.

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Private Equity Equity Due Diligence Portfolio 60

David Teten

SEPTEMBER 10, 2019

Negotiate Your Equity And Salary With Stock Option Counsel Tips. Private company stock option grants: a founder’s guide to who gets what, when. How to assign stock options in early-stage startups. Any survey data on stock grants in private companies? Guide to Startup Stock Option Grants.

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YoungUpstarts

JUNE 20, 2016

by David Osborn , an entrepreneur, public speaker, and author. Finally, we hired a consultant to keep us on track toward our goal. The foundation of your financial success, it allows you to forecast the income of purchased assets such as employees, benefits, or company stock options. Prioritize horizontal income.

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Balance Sheet Stock Options .Net Stock 189

Reid Hoffman

DECEMBER 10, 2020

Generally speaking, as investors and entrepreneurs, you want to go after ideas where, if you succeed, it transforms an industry or even the world. One of the central lessons I learned from the Airbnb founders, which I now try to convey to other entrepreneurs I work with, is the power of the design mindset.

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Berkonomics

JANUARY 7, 2021

Think of startups and early stage businesses whose entrepreneurs you know. One: The entrepreneur. First, there is the entrepreneur , the visionary, and force behind the venture from start to finish. It starts with sharing the opportunity and upside. Two: Co-management. Dividing equity among those that fill the management gap.

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Liquidity Event Pre-Money Valuation Cofounder Initial Public Offering 96

YoungUpstarts

OCTOBER 24, 2017

Many entrepreneurs make the mistake of launching their business without consulting with a lawyer and choosing an entity. If you plan to hire employees, make sure that you have the appropriate documentation. Stock Option documentation. Make sure you take care of these four legal things before launching your startup.

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The Startup Magazine

AUGUST 20, 2020

It was already hard for entrepreneurs to compete in today’s crowded market and now, with consumer dollars stretched thin, getting your piece of the pie has become even harder. That starts with having hiring practices that fish a diversity of talent out of pools that have a reputation of providing outstanding candidates.

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Startup Professionals Musings

JULY 1, 2016

In my own experience as a startup advisor and mentor, I find that entrepreneurs who can’t attract and maintain a highly motivated team rarely even get off the ground. Thus if you want to change the world with your new business, you need to follow the example of startups like Zappos , which hires according to cultural fit first.

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Startup Stock Options Salary Stock 147

Both Sides of the Table

FEBRUARY 23, 2015

For some aspiring to be tech entrepreneurs, I often suggest a two-step process, as I argued in this post that “ The First Startup Founder You Need to Invest in Is You.” There is such a thing as a “diamond in the rough” and let’s face it – if the company was totally rocking would they be hiring you?

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Startup Professionals Musings

DECEMBER 16, 2013

As an employee, you salary will likely be low, your job security low, so the job title better be large, and the stock options better be large. They should be asking to speak to you if you are a potential investor or a superstar hire. due diligence employee entrepreneur investor startup' Marty Zwilling.

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Due Diligence Sweat Equity Intellectual Property Burn Rate 253

chrischandler.name

NOVEMBER 1, 2010

Equity to a developer works the same way, except it’s often approached as hiring an employee instead of bringing on an investor. Your stock options are worth zero until you successfully exit and, even then, only if the strike price is better than market value. Proof of execution is what matters today, not ideas.

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