article thumbnail

8 Keys To Starting A Venture With Minimal Equity Loss

Startup Professionals Musings

With the advent of the Internet, the size and address of your office is irrelevant. With the unlimited access to “how-to” videos and detailed instructions on the Internet, you shouldn’t need to hire experts for most things. Use your equity for key executives and business partners. Practice living on a shoestring budget.

Equity 349
article thumbnail

10 Mindset Elements That Tag You As An Entrepreneur

Startup Professionals Musings

For these, I recommend that they find a partner first who is willing and able to run a business. “If Most great founders lived on Ramen noodles, without taking a salary, for longer than they like to remember. Arbitrary rewards, like salary bonuses or vacation perks, seem to just get in the way of achieving really great results.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Why GE’s Jeff Immelt Lost His Job – Disruption and Activist Investors

Steve Blank

GE made a $4 billion bet on connecting industrial equipment via the Internet of Things (IoT) and analytical software with a suite of products called the “ Predix Cloud ”. In 2015 Trian Partners, an activist investor, bought $2.5 And now Immelt is now the ex-CEO, and Trian Partners just a got a seat on the GE board.

article thumbnail

8 Ways To Get Your Business Going Without Investors

Startup Professionals Musings

With the advent of the Internet, the size and address of your office is irrelevant. With the unlimited access to “how-to” videos and detailed instructions on the Internet, you shouldn’t need to hire experts for most things. Use your equity for key executives and business partners. Practice living on a shoestring budget.

article thumbnail

The Boundaryless Era: the Time for Distributed Teams

ReadWriteStart

According to Toni Schneider, a Partner at True Ventures, and a Team-Lead at Automattic, boundaryless teams confer a real advantage; “You can hire great people wherever you find them: Once your company is untethered from one physical location, your pool of available job applicants becomes the entire world.

article thumbnail

The evolution of early stage investing in the UK

The Equity Kicker

We see this all the time at Forward Partners where we invest right from the idea stage and most of the companies get a first version of their product live for less than £30k (that generally includes founder salaries and time spent doing customer research). Forward Partners and Crowdcube are both attacking elements of these problems.

article thumbnail

10 Personal Attributes That Indicate Real Potential

Startup Professionals Musings

For these, I recommend that they find a partner first who is willing and able to run a business. “If Most great founders lived on Ramen noodles, without taking a salary, for longer than they like to remember. Arbitrary rewards, like salary bonuses or vacation perks, seem to just get in the way of achieving really great results.

Salary 317