SoCal CTO

MARCH 12, 2012

Here are a few perspectives on the topic of finding technical cofounders: In Building a sweat equity team , Joel on Software tells us: You simply need to network. Hire a Product Design Lead First Nailing that elusive technical co-founder Go to user groups. Go to tech (or other relevant industry) events.

Technical Cofounder 211

Technical Cofounder Cofounder CTO Hire Los Angeles 211

ReadWriteStart

JANUARY 20, 2020

Unfortunately, however, our love affair with startups is unfounded, especially as it relates to those who may be looking to provide, market to or target their product/service to the startup segment. What does that mean for those with a product or service they want to pitch to fledgling startups? Why We Are In Love With Startups?

Sweat Equity 78

Sweat Equity Non-Compete Startup Azure 78

Startup Professionals Musings

SEPTEMBER 25, 2023

These are the only people likely to believe in newbies, with only minimal product evidence or business experience. This is confirmation that the right people are always more important than the right product. Use the minimum viable product concept to get revenue early, and allow market and product pivots at minimal cost.

Sweat Equity 274

Sweat Equity Elevator Pitch Startup Equity 274

Startup Professionals Musings

FEBRUARY 11, 2023

That’s why all those so-called million dollar ideas I hear about as an investor don’t get me excited, and entrepreneurs find that working twenty hours a day often generates nothing more than sweat, instead of the desired sweat equity. This is the confirmation that your product or service fills a real need in the marketplace.

Sweat Equity 296

Sweat Equity Startup Salary Viral 296

Startup Professionals Musings

JUNE 20, 2016

Even if your product is a technological marvel, I look for balanced strength on the team in finance, marketing and operations. Investors all know that the startup road is long and hard, so they look for people who have put and will continue to put “skin in the game” -- time, sweat equity, and money.

Sweat Equity 152

Sweat Equity Entrepreneur Elevator Pitch Software Review 152

Startup Professionals Musings

MAY 1, 2021

Those at the other extreme don’t look up from the grindstone long enough to notice whether all their work is producing sweat equity or just sweat. Watching the orders come in, or the product moving off the shelf, is the feedback you have been looking for. Start even before the product is ready.

Sweat Equity 400

Sweat Equity Intellectual Property Startup Viral 400

Startup Professionals Musings

FEBRUARY 15, 2023

With one of the many new tools , and a dose of sweat equity, you can create a website for almost nothing -- and you are on your way to success with ecommerce, your latest invention or personal services. It’s more possible to bootstrap today than a few years ago, as the cost of entry continues to go down.

Equity 349

Equity Hockey Stick Bootstrapping Sweat Equity 349

Startup Professionals Musings

SEPTEMBER 30, 2013

If you have a product description, that’s necessary, but not sufficient. A CEO who has “been there and done that” is traction, especially if teamed with a financial lead (CFO) and a product lead (CTO). Ship a minimum product now. For a true scientist, the product is never good enough, so it’s never done.

Intellectual Property 281

Intellectual Property Entrepreneur Sweat Equity CTO Hire 281

Startup Professionals Musings

DECEMBER 23, 2013

If you are not able to keep up with demand due to lack of funds for production, and your company is too young for banks to be interested, you will find that investors love these odds, and are quick to go for a chunk of the action. On the other hand, there are clearly situations where your needs call for investors.

Bootstrapping 252

Bootstrapping Sweat Equity Entrepreneur Technical Review 252

Startup Professionals Musings

MAY 16, 2020

That’s why all those so-called million dollar ideas I hear about as an investor don’t get me excited, and entrepreneurs find that working twenty hours a day often generates nothing more than sweat, instead of the desired sweat equity. This is the confirmation that your product or service fills a real need in the marketplace.

Sweat Equity 435

Sweat Equity Salary Viral Leadership 435

Startup Professionals Musings

AUGUST 31, 2012

If you have a product description, that’s necessary, but not sufficient. A CEO who has “been there and done that” is traction, especially if teamed with a financial lead (CFO) and a product lead (CTO). Ship a minimum product now. For a true scientist, the product is never good enough, so it’s never done.

Intellectual Property 260

Intellectual Property Sweat Equity CTO Hire Fractional CTO 260

Startup Professionals Musings

NOVEMBER 13, 2012

If you are not able to keep up with demand due to lack of funds for production, and your company is too young for banks to be interested, you will find that investors love these odds, and are quick to go for a chunk of the action. On the other hand, there are clearly situations where your needs call for investors.

Sweat Equity 239

Sweat Equity Technical Review Bootstrapping Equity 239

Startup Professionals Musings

APRIL 10, 2016

Most founders like to talk about their many months or years of sweat-equity , but cash invested is a stronger commitment. If the company has been around for more than a couple of years, and still has no product or revenue flow, there better be a good explanation. When did this effort really start, including pivots?

Burn Rate 120

Burn Rate Sweat Equity Technical Review Intellectual Property 120

Startup Professionals Musings

SEPTEMBER 22, 2011

If you are not able to keep up with demand due to lack of funds for production, and your company is too young for banks to be interested, you will find that investors love these odds, and are quick to go for a chunk of the action. On the other hand, there are clearly situations where your needs call for investors.

Sweat Equity 255

Sweat Equity Technical Review Entrepreneur Bootstrapping 255

Startup Professionals Musings

JANUARY 11, 2021

These are the only people likely to believe in newbies, with only minimal product evidence or business experience. This is confirmation that the right people are always more important than the right product. Use the minimum viable product concept to get revenue early, and allow market and product pivots at minimal cost.

Sweat Equity 346

Sweat Equity Elevator Pitch Equity Venture Capital 346

Startup Professionals Musings

MAY 18, 2020

With one of the many new tools , and a dose of sweat equity, you can create a website for almost nothing -- and you are on your way to success with ecommerce, your latest invention or personal services. It’s more possible to bootstrap today than a few years ago, as the cost of entry continues to go down.

Hockey Stick 423

Hockey Stick Bootstrapping Sweat Equity Intellectual Property 423

Startup Professionals Musings

JUNE 17, 2011

If you have a product description, that’s necessary, but not sufficient. A CEO who has “been there and done that” is traction, especially if teamed with a financial lead (CFO) and a product lead (CTO). Ship a minimum product now. For a true scientist, the product is never good enough, so it’s never done.

Intellectual Property 253

Intellectual Property Sweat Equity CTO Hire Fractional CTO 253

Gust

DECEMBER 15, 2013

If you are not able to keep up with demand due to lack of funds for production, and your company is too young for banks to be interested, you will find that investors love these odds, and are quick to go for a chunk of the action. On the other hand, there are clearly situations where your needs call for investors.

Bootstrapping 183

Bootstrapping Sweat Equity Entrepreneur Technical Review 183

Startup Professionals Musings

APRIL 8, 2015

Most founders like to talk about their many months or years of sweat-equity , but cash invested is a stronger commitment. If the company has been around for more than a couple of years, and still has no product or revenue flow, there better be a good explanation. When did this effort really start, including pivots?

Technical Review 120

Technical Review Due Diligence Burn Rate Sweat Equity 120

Up and Running

FEBRUARY 6, 2017

After all, sweat equity can make up for a trim marketing budget, but it would be hard to make up for cuts in product development and customer service without sacrificing customer experience. Current and new customers care a lot more about product or service quality, and the value of your item.

Sweat Equity 60

Sweat Equity Equity Sales PR 60

Startup Professionals Musings

MARCH 16, 2016

This term refers to an initial venture-capital investment, often wrongly sought to seed early product development. Sweat equity. It implies runaway investor speculation on future values, fear of missing out on trends, and it leads to unicorns. Frothy is good for entrepreneurs. Seed-round investment.

Software Review 120

Software Review Sweat Equity Accredited Investor Angel Investor 120

Startup Professionals Musings

MAY 22, 2010

If you have a product description, that’s necessary, but not sufficient. A CEO who has “been there and done that” is traction, especially if teamed with a financial lead (CIO) and a product lead (CTO). Ship a minimum product now. For a true scientist, the product is never good enough, so it’s never done.

Intellectual Property 222

Intellectual Property Sweat Equity CTO Hire Fractional CTO 222

Up and Running

NOVEMBER 20, 2018

Take note of the goals you tend to put off and the productive tasks you habitually avoid. And contrary to the image of the “head in the clouds” visionary, you will probably find that your most inspired thinking actually occurs when you are engaged in productive work. Freeing yourself of negativity will require a conscious effort.

Sweat Equity 93

Sweat Equity Startup Lean Italy 93

YoungUpstarts

SEPTEMBER 23, 2017

In this manner, you’ll be sharing the workload and dividing up the sweat equity, which comes with bootstrapping, whilst maintaining better control over your strategic direction. In the first stage, it processes its proposition with early adopters and keeps on pivoting till the time it has the right product and way of positioning it.

Cofounder 109

Cofounder Sweat Equity Equity Dilution 109

discuss.joelonsoftware.com

NOVEMBER 1, 2010

where I can learn about how to build a sweat equity team? Right now, my business is just myself and a part-time employee who does support, testing, and product usability design. Rather, it is a proposal for sweat-equity investors. The challenge here is to find candidate sweat equity partners who: 1.

Sweat Equity 40

Sweat Equity Equity Angel Investor Affiliate 40

The Startup Toolkit

AUGUST 29, 2012

If you want funding, don’t pay freelancers (or agencies) to have your first product version built. This trap is easy to fall into because investors truthfully claim that they need to see a product before they can invest. Idea + product - team = Nothing. Version 1 is funded through sweat, not cash.

Sweat Equity 45

Sweat Equity Equity Bootstrapping Salary 45

Startup Professionals Musings

MAY 18, 2013

Those at the other extreme don’t look up from the grindstone long enough to notice whether all their work is producing sweat equity or just sweat. Watching the orders come in, or the product moving off the shelf, is the feedback you have been looking for. Start even before the product is ready.

Sweat Equity 251

Sweat Equity Intellectual Property Startup Viral 251

Startup Professionals Musings

JANUARY 20, 2014

You know how to bootstrap a business, build it from nothing, and burn sweat-equity for long hours to push your dreams to reality. How did you make your product manager shine in the last meeting? Yes, you are a fascinating person. Your business brand needs to quickly supersede you. Marty Zwilling.

Leadership 258

Leadership Sweat Equity Bootstrapping Early Stage 258

Austin Startup

JULY 23, 2010

But, the other way Dave has found to add a dimension of his software product development and startup experience into the mix is through the development of the web service, 1TeamWeb. It’s among the highest trafficked sites in its category, providing training videos, tips and techniques.

Sweat Equity 60

Sweat Equity Technical Review Software Review Austin 60

Startup Professionals Musings

APRIL 29, 2012

Those at the other extreme don’t look up from the grindstone long enough to notice whether all their work is producing sweat equity or just sweat. Watching the orders come in, or the product moving off the shelf, is the feedback you have been looking for. Start even before the product is ready.

Sweat Equity 256

Sweat Equity Intellectual Property Entrepreneur Viral 256

Startup Professionals Musings

DECEMBER 16, 2013

The intent of this question is to determine the level of commitment of founders, both cash and “sweat equity,” and how much others have already invested into this plan. Real customers are ones who have paid full price for the product, have it installed and in use, and are still satisfied. How much “skin” is already in the game?

Due Diligence 253

Due Diligence Sweat Equity Intellectual Property Burn Rate 253

Startup Professionals Musings

APRIL 2, 2016

That’s why all those so-called million dollar ideas I hear about as an investor don’t get me excited, and entrepreneurs find that working twenty hours a day often generates nothing more than sweat, instead of the desired sweat equity. This is the confirmation that your product or service fills a real need in the marketplace.

Sweat Equity 120

Sweat Equity Salary Startup Viral 120

Startup Professionals Musings

NOVEMBER 20, 2012

You know how to bootstrap a business, build it from nothing, and burn sweat-equity for long hours to push your dreams to reality. How did you make your product manager shine in the last meeting? Yes, you are a fascinating person. Your business brand needs to quickly supersede you. Marty Zwilling.

Sweat Equity 244

Sweat Equity Entrepreneur Bootstrapping Early Stage 244

Startup Professionals Musings

NOVEMBER 2, 2012

The intent of this question is to determine the level of commitment of founders, both cash and “sweat equity,” and how much others have already invested into this plan. Real customers are ones who have paid full price for the product, have it installed and in use, and are still satisfied. How much “skin” is already in the game?

Due Diligence 244

Due Diligence Sweat Equity Burn Rate Intellectual Property 244

Startup Professionals Musings

JANUARY 16, 2015

That’s why all those so-called million dollar ideas I hear about as an investor don’t get me excited, and entrepreneurs find that working twenty hours a day often generates nothing more than sweat, instead of the desired sweat equity. This is the confirmation that your product or service fills a real need in the marketplace.

Sweat Equity 120

Sweat Equity Salary Viral Leadership 120

Startup Professionals Musings

SEPTEMBER 21, 2011

You know how to bootstrap a business, build it from nothing, and burn sweat-equity for long hours to push your dreams to reality. How did you make your product manager shine in the last meeting? Yes, you are a fascinating person. Your business brand needs to quickly supersede you. Marty Zwilling.

Sweat Equity 256

Sweat Equity Entrepreneur Bootstrapping Early Stage 256

Startup Professionals Musings

OCTOBER 24, 2015

You know how to bootstrap a business, build it from nothing, and burn sweat-equity for long hours to push your dreams to reality. How did you make your product manager shine in the last meeting? Yes, you are a fascinating person. Your business brand needs to quickly supersede you.

Leadership 120

Leadership Sweat Equity Bootstrapping Early Stage 120