article thumbnail

Does Your Small Business Need Workers’ Compensation Insurance?

YoungUpstarts

Every state also specifies whether sole proprietors, single member LLCs, partners, and family farms are considered employees and may opt-out or into workers’ comp. In a handful of states, if you have three (3) or more employees you must carry workers’ compensation insurance.

article thumbnail

21 Entrepreneurs Reveal Their Favorite Business or Entrepreneur Turnaround Story

Hearpreneur

Cohen and Greenfield borrowed $4,000 to build their first ice cream business in Vermont in 1978, with a total investment of $12,000. He envisioned a means for long-distance partners and team members to stay in touch when he founded the audio-visual cloud conferencing platform Zoom in 2011. Things started to move quickly.

Insiders

Sign Up for our Newsletter

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

article thumbnail

The Montana Future In A Dream

Feld Thoughts

I go to the front of the room, sit down, and start describing how in 1992, a small group of us got together in Burlington, Vermont and came up with the idea of the Montana future, where no one would want to live in big cities anymore so everyone would migrate to the west, set themselves up on big pieces of land, and work from their houses.

Montana 165
article thumbnail

Be a Benevolent Dictator (And Eight More Lessons For Getting Your Stalled Start-up Off The Ground)

YoungUpstarts

I was thrilled that what I did employed 50,000 people and did business in every state but Vermont, with international operations in China, Japan, Brazil, and Mexico. Michael Feuer cofounded OfficeMax in 1988 starting with one store and $20,000 of his own money, a partner, and a small group of investors.

Cofounder 154
article thumbnail

How to Translate Your Passion Into Your Purpose

Duct Tape Marketing

I was walking across the street in Vermont, and I flipped over, had a fractured skull, was unconscious for three days. (16:22): One thing that happened to me when I was 14, it was kind of the big event of my life. It was life changing. I was hit by a car. My parents didn't think I was going to wake up.

article thumbnail

The Venture Capital Secret: 3 Out of 4 Start-Ups Fail

online.wsj.com

The company raised $45 million in venture capital from firms including DCM, Emergence Capital Partners and Bessemer Venture Partners, and built partnerships with AOL Inc., David Cowan of Bessemer Venture Partners has stuck with Mr. Dreymann. the previous year. Comcast Corp., and Verizon Communications Inc. New Hampshire.

article thumbnail

Welcome To The Fall Semester

Feld Thoughts

George), Vermont (Burlington), and Michigan (Detroit) in October. A second edition of Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist – which I wrote with my partner Jason Mendelson comes out, along with a teaching guide that Jason and Brad Bernthal (CU Boulder) wrote. I’m running a marathon in Utah (St.