article thumbnail

5 Equity Distribution Parameters For Key Contributors

Startup Professionals Musings

I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a cofounder or two. You need to find the skills or experience you don’t have in business, technology, or money. Giving a cofounder a salary won’t get you the “fire in the belly” you want.

article thumbnail

5 Keys To Negotiating Your Fair Share Of Any Startup

Startup Professionals Musings

You need to find the skills or experience you don’t have in business, technology, or money. Your idea is not intellectual property yet, so it has no inherent value. The CTO of many technical startups was the original founder. Giving a co-founder a salary won’t get you the “fire in the belly” you want.

Cofounder 435
Insiders

Sign Up for our Newsletter

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

article thumbnail

5 Criteria For Splitting Equity In Your New Venture

Startup Professionals Musings

You need to find the skills or experience you don’t have in business, technology, or money. Your idea is not intellectual property yet, so it has no inherent value. The CTO of many technical startups was the original founder. Giving a co-founder a salary won’t get you the “fire in the belly” you want.

Equity 238
article thumbnail

8 Steps To Starting A New Venture With Limited Funds

Startup Professionals Musings

On the other hand, everyone is doing it, so that means more competition, and the market and technology are changing faster than ever before. These days you can create a C-corp or LLC online quickly at a low cost, to serve you well in signing partners, intellectual property, investors, and revenue.

article thumbnail

How Much Founder Stock Should You Offer Co-Founders?

Startup Professionals Musings

You need to find the skills or experience you don’t have in business, technology or money. Your idea is not intellectual property yet, so it has no inherent value. The CTO of many technical startups was the original founder. Giving a co-founder a salary won’t get you the “fire in the belly” you want.

Cofounder 261
article thumbnail

8 Ways The Maker Movement Turns Ideas Into Businesses

Startup Professionals Musings

This movement, coupled with free websites and apps, makes it possible for almost any technical person to start a business. This technology is not only spawning a new generation of entrepreneurs, but is also changing the educational landscape, all the way down to early grade school. Breeds success through people diversity.

article thumbnail

Finding Technical Cofounders Is Hard

rob.by

Finding Technical Cofounders Is Hard. Yesterday, Michael Pope posted an article titled Technical Cofounders Are a Myth. He argued that software engineers don’t finish what they start, and that you’re better off paying a technical person than partnering with one. Tuesday, August 17, 2010.