Startup Professionals Musings

JULY 12, 2020

Those who respond with one of the wrong answers, such as “I want to pay myself a salary,” usually go home empty-handed. That means they normally only invest in startups with a working product that has already been sold to at least one customer for full price (beta tests, giveaways and best friends don’t count).

Elevator Pitch 336

Elevator Pitch Salary Angel Investor Viral 336

Startup Professionals Musings

SEPTEMBER 26, 2018

One of the big decisions every aspiring entrepreneur has to make is when to quit your current job to devote yourself fulltime to your new startup. Others wait until the new business starts to generate revenue and profit before making the move. In my experience as a startup advisor, I find the minimum time to revenue is at least a year.

Salary 383

Salary Cofounder Lean Revenue 383

YoungUpstarts

JULY 16, 2019

In 2018, Canada had a record-low unemployment rate and as a result we are seeing more companies, startups and online-based businesses dedicated to serving the niche-jobs industry. Positions for software development and data science continue to expand throughout the industry. This generated $16 billion in annual revenues in 2015.

Canada 167

Canada Hiring Artificial Inteligence Software Developers 167

Feld Thoughts

SEPTEMBER 16, 2011

Since SayAhh is in the pre-launch development stage, the company doesn’t have any revenue yet. They also haven’t launched a product, so there is no corresponding “cost of goods sold” – the direct cost of delivering their product. The default Quickbooks setup uses “Income” to refer to “Revenue”.

Balance Sheet 125

Balance Sheet Fractional CTO Burn Rate Salary 125

View from Seed

NOVEMBER 18, 2014

Once a startup has raised seed capital, plenty of theories and advice exist on how to successfully raise a Series A. Recently, we looked at our own portfolio at NextView Ventures to dig a little deeper on how startups actually raise that next round of financing. More on these below.). There was no meaningful difference. They are: 1.

Syndicate 333

Syndicate Syndication Seed Stage Startup 333

The Next Web

MARCH 6, 2014

Successful collaboration between a company’s business development and product development requires mutual understanding and purpose. Tech teams also need to understand that without business development, there is no revenue to pay their salaries. Matt Ehrlichman , Porch. Consider Using a Liaison.

Technical Review 129

Technical Review Development Team Review Developer Agile 129

Hearpreneur

DECEMBER 30, 2020

My expertise in product development and project management came after working as a consultant in many industries. You decide your working hours, salary, and day-to-day decisions that are crucial to the success of your own business. We started our business in 2014, after a successful Kickstarter campaign. 20- Various ways.

Technical Review 145

Technical Review Entrepreneur Software Review SEO 145

Startup Professionals Musings

MAY 31, 2014

Those who respond with one of the wrong answers, such as “I want to pay myself a salary,” usually go home empty-handed. That means they normally only invest in startups with a working product that has already been sold to at least one customer for full price (beta tests, giveaways and best friends don’t count).

Elevator Pitch 285

Elevator Pitch Salary Angel Investor Viral 285

Up and Running

JANUARY 24, 2023

Employee benefits For most businesses, the cost of employees is more than just salaries. List out key roles and teams If you have a small team, you can simply list out your employees and their salaries. If you’re a startup or a growing business, you may have plans to hire employees in the future.

Forecast 84

Forecast Cost Salary Employee 84

Startup Professionals Musings

AUGUST 5, 2018

Those who respond with one of the wrong answers, such as “I want to pay myself a salary,” usually go home empty-handed. That means they normally only invest in startups with a working product that has already been sold to at least one customer for full price (beta tests, giveaways and best friends don’t count).

Elevator Pitch 139

Elevator Pitch Salary Angel Investor Viral 139

Steve Blank

NOVEMBER 21, 2015

I first met Evangelos Simoudis when he ran IBM’s Business Intelligence Solutions Division and then as CEO of his first startup Customer Analytics. Ownership and management were one and the same – the owners managed, and there were no salaried middle managers or administrators. In the 1850’s and 60’s, the railroads changed all that.

Silicon Valley 120

Silicon Valley Venture Capital United States Technical Review 120

Startup Professionals Musings

JULY 30, 2016

Those who respond with one of the wrong answers, such as “I want to pay myself a salary,” usually go home empty-handed. That means they normally only invest in startups with a working product that has already been sold to at least one customer for full price (beta tests, giveaways and best friends don’t count).

Elevator Pitch 120

Elevator Pitch Salary Angel Investor Viral 120

OnlyOnce

MARCH 14, 2011

We all knew if the feature or function that the client was asking for was within the realm of the possible. • We were very, very focused on creating customers and revenue —We were a startup. If we drove revenue above costs, we got to take home a salary. It was stressful, but productively stressful and fun.

Software Review 67

Software Review Development Team Review Later Stage Technical Review 67

ReadWriteStart

JUNE 29, 2020

People are trapped at home, they are not getting a salary, and they are afraid to touch another person because no one knows who is and isn’t infected with the virus. In other words, you must start bootstrapping an online startup , because the future of the global business world is online. What is a startup?

Bootstrapping 85

Bootstrapping Global Startup Hungary 85

Startup Professionals Musings

JANUARY 12, 2013

Many entrepreneurs I know don’t realize that the language they learned in the corporate world, or even their recent MBA class, won’t get them ahead in the startup world today. Even if you have heard some of the new terms, but can’t explain how, when, and why they are relevant to your startup, you may be in jeopardy. Startup pivot.

Entrepreneur 274

Entrepreneur Accredited Investor Silicon Valley Angel Investor 274

Austin Startup

AUGUST 20, 2017

August 20, 2017: This is another in my series of posts all leading up to a book on Startup Decision Making. One of the most common mistakes I see in startups is making decisions that lose sight of the context , including the past, present, and future. Sooner or later everybody in a startup knows what everyone else is getting paid.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

maplebutter.com

JANUARY 8, 2013

189 Answers To The Top Startup Questions On Your Mind. 189 Answers To The Top Startup Questions On Your Mind. Written By Dan Martell on February 2nd, 2012 | Category: Hiring LeanStartup Marketing Metrics Startup Life | 6 Comments. I love startups. Building Product 2. Here’s my high-level approach for startups.

Technical Review 44

Technical Review Startup Cofounder Software Review 44

Startup Professionals Musings

SEPTEMBER 18, 2015

In a startup, or any business with limited resources, the last thing you need is people who put in lots of time and effort, but never seem to move the ball. Successful entrepreneurs must never stop looking for ways to improve their own productivity, as well as the efficiency and momentum of the team.

Salary 120

Salary Metrics Employee Demand 120

Startup Lessons Learned

OCTOBER 30, 2008

Lessons Learned by Eric Ries Thursday, October 30, 2008 John Doerrs 10 lean startup tips I just saw video of John Doerrs talk yesterday at VentureBeat’s “How to manage your start-up in the downturn&# roundtable event. Not just about expenses, about increasing revenue. Voluntary salary reduction program.

Lean 121

Lean San Francisco Continuous Deployment DC 121

Software By Rob

NOVEMBER 18, 2008

Software by Rob Passionate about Startups and MicroISVs Lessons Learned by a Serial Entrepreneur home about press micropreneurs archives ← I’m in a Book! Join nearly 6,000 startup entrepreneurs by subscribing to my RSS feed. In addition, growing a product to the point of providing substantial income is a long, arduous road.

Software Review 42

Software Review Software Product Salary 42

techcrunch.com

OCTOBER 23, 2010

And therein lies the problem in finding co-founders for that startup you’re dying to launch. It’s most comfortable to hang out with people like ourselves, but those are exactly the folks you probably don’t want to co-found a startup with. In Silicon Valley, rock climbing’s a current hot spot for startup folks.

Cofounder 66

Cofounder Founder Silicon Valley Technical Cofounder 66

A Smart Bear: Startups and Marketing for Geeks

MARCH 11, 2014

You have your general management meeting and in your general management meeting you talk about product development, about marketing and about finance. So again, none of this is me trying to say what you should do for product development, in fact, or what you should write in code in fact. Edwin: I know. Jason: Exactly.

Technical Cofounder 220

Technical Cofounder Cofounder Software Review Management 220

Both Sides of the Table

APRIL 27, 2010

I never implied that startups are all great and job hoppers are all at fault. Most of what I learned about operating startups I learned from the really tough years at my first company from 2001-2003. That is when no customers wanted to work with Internet startups because we as an industry had burned so many customers.

Venture Capital 285

Venture Capital Hiring Software Review Stock Options 285

Berkonomics

MAY 26, 2010

One of his lessons remains clearly on my mind and is a variant of the old “You name the price and I’ll name the terms” challenge that works so well in negotiation. . Cohen sets up an example where a senior position job candidate is stuck on a salary twice as high as the CEO is willing to pay, leading to a standoff between the two.

Employee 54

Employee Liquidity Event Stock Options Salary 54

Growthink Blog

MAY 10, 2012

Nevertheless, this is when you get the startup money to kickstart your business with the bare essentials needed to begin making and fulfilling your first sales. Put everything else on your "wish list" to buy with revenues from sales or additional financing. Series B is the round that follows series A in early stage financing.

Equity 88

Equity Mezzanine Later Stage Venture Capital 88

techcrunch.com

OCTOBER 23, 2010

Problem was, I seemed to suck at the whole startup thing. Rather, I didn’t have anyone around me familiar enough with startups to tell me that I was doing it all wrong. So for this first post, here’s the best advice I can give you: join an awesome founding team and get your product out the door ASAP. You just can’t do it all.

Technical Review 84

Technical Review Cofounder Technical Cofounder Software Review 84

BeyondVC

JANUARY 2, 2006

All too often we are enamored with how cool or sexy a technology is, invest lots of dollars to create that killer product, and sometimes forget that it is all about the people. From a philosophical point of view, I view compensation as the combination of salary, bonus (if any), and equity.

Management 60

Management Equity Forecast Salary 60

Transformify

APRIL 12, 2020

Some of them invest money and effort to familiarize themselves with the median market salary and the best practices locally. These companies usually pay 30%-50% above the local median market salary to motivate their employees and support the local economy. No revenue at all. It includes overseas remote workers and a subsidiary.

Bangladesh 98

Bangladesh Philippines Salary Cofounder 98