Austin Startup

MAY 8, 2018

Background reading: Founder Compensation: Cash, Equity, Liquidity Fatal Errors in Early Startup Hiring Early Hires: Options or Stock Given how deeply involved we are with early-stage startups hiring their first key employees, I figured it would be helpful to outline a few key principles to help entrepreneurs navigate the topic.

Employee 48

Employee Seed Stage Startup Equity 48

Startup Professionals Musings

AUGUST 10, 2013

If you are just plain tired of working so hard, or your startup is not getting the traction you expected, should you shut down cleanly, or just file for bankruptcy and walk away? For those who think that bankruptcy is the easy way out, think again. Bankruptcy should always be the absolutely last resort.

Bankruptcy 206

Bankruptcy Startup Salary Operations 206

Startup Professionals Musings

APRIL 2, 2011

If these challenges can’t be resolved by the existing team with “course corrections” or “pivots,” an investor will often bring in an experienced CEO to tackle the turnaround before or after bankruptcy. All this led to a staff level exceeding 700 employees, contributed to lack of control and eventual bankruptcy.

Bankruptcy 221

Bankruptcy Silicon Valley Private Equity Software Review 221

Startup Professionals Musings

FEBRUARY 1, 2011

If you are just plain tired of working so hard, or your startup is not getting the traction you expected, should you shut down cleanly, or just file for bankruptcy and walk away? For those who think that bankruptcy is the easy way out, think again. Bankruptcy should always be the absolutely last resort.

Bankruptcy 220

Bankruptcy Entrepreneur Salary Operations 220

Up and Running

JUNE 21, 2021

It has grown from five employees generating $120,000 in annual revenue to 350 employees generating annual revenues of $16.5 Black Diamond Equipment rose from the ashes of Chouinard Equipment’s bankruptcy when its former staff banded together to establish the climbing industry’s first company owned by its employees.

Columbus 134

Columbus SBA SBIR Utah 134

Hearpreneur

SEPTEMBER 9, 2022

Before Jobs returned to the business in 1997, its sales, and popularity all steadily declined for 12 years, nearly driving it into bankruptcy. Seven years ago I launched a business that would eliminate my savings and push me to the verge of bankruptcy within 18 months. Thanks to notably Erin LaCkore, LaCkore Couture ! #8-

Entrepreneur 122

Entrepreneur Bankruptcy Southern California South Africa 122

Startup Professionals Musings

MARCH 6, 2019

If you are just plain tired of working so hard, or your startup is not getting the traction you expected, should you shut down cleanly, or just file for bankruptcy and walk away? For those who think that bankruptcy is the easy way out, think again. Bankruptcy should always be the absolutely last resort.

Bankruptcy 242

Bankruptcy Startup Dividend Salary 242

YoungUpstarts

OCTOBER 24, 2017

Think about your employee and ownership hats. What type of behavior do you want to incentivize or discourage in your contract drafting process (for shareholder or operating agreement, employment agreement, employee manual and vendor and service agreements)? Bankruptcy? Must you wear both simultaneously? Ask tough questions.

Partner 208

Partner Technical Review Intellectual Property Due Diligence 208

YoungUpstarts

SEPTEMBER 13, 2019

Rebranding is one way to overcome the odds of a partnership breakage or a bankruptcy, showcasing the good points of your business. The best person who can champion your brand is you and your employees. Select a few of your employees who will take part or be in-charge of your rebranding. Why are you rebranding your business?

Technical Review 149

Technical Review Software Review Bankruptcy Equity 149

YoungUpstarts

JULY 18, 2019

According to the Organization for Economic Co-operation and Development (OECD), there is double the number of entrepreneurs with no employees as compared to entrepreneurs who have employees. However, there will be a time that you’ll need to hire at least one employee in most cases. Make Sure You’re Ready for an Actual Employee.

Hiring 127

Hiring Employee Entrepreneur Bankruptcy 127

Both Sides of the Table

JULY 6, 2016

I have experienced many first-time entrepreneurs with too much hubris if fund-raising came easily and press was fawning and employees joined in droves and customer adoption has been rapid. You also ran the risk that if you hired employees quickly and then demand wasn’t as strong as expected it was incredibility hard to fire people.

South Korea 261

South Korea Silicon Valley Los Angeles Japan 261

Up and Running

MARCH 15, 2017

When it comes to insuring your business, factors like your location, industry, and the number of employees can all affect what coverages are applicable. That could be anything from a slip-and-fall to one of your employees accidentally spilling coffee on their laptop. Do you have employees? Workers’ compensation insurance.

Bankruptcy 109

Bankruptcy Software Review Small Business Employee 109

Startup Professionals Musings

MARCH 12, 2021

Especially if people hear rumors of your interest in selling, they will assume that you are fighting bankruptcy, being pushed out, or your personal life has fallen apart. Assume that selling to an employee is quick and easy. Here the evidence is strong that sales to employees don’t work out well.

Due Diligence 410

Due Diligence Intellectual Property Bankruptcy Exit Strategy 410

Startup Professionals Musings

FEBRUARY 6, 2010

If you are just plain tired of working so hard, or your startup is not getting the traction you expected, should you shut down cleanly, or just file for bankruptcy and walk away? For those who think that bankruptcy is the easy way out, think again. Bankruptcy should always be the absolutely last resort.

Bankruptcy 128

Bankruptcy Salary Operations Employee 128

YoungUpstarts

SEPTEMBER 27, 2017

by Larry Light, CEO of Arcature and co-author of “ Six Rules of Brand Revitalization: Learn the Most Common Branding Mistakes and How to Avoid Them “ Early this year, The Limited shut down its 250 clothing stores and not long after that the women’s apparel chain announced it was filing for bankruptcy protection.

Private Equity 127

Private Equity Bankruptcy Technical Review Leadership 127

Startup Professionals Musings

FEBRUARY 20, 2010

If these challenges can’t be resolved by the existing team with “course corrections”, an investor will often bring in an experienced CEO to tackle the “turnaround” before or after bankruptcy. All this led to a staff level exceeding 700 employees, contributed to lack of control and eventual bankruptcy.

Bankruptcy 120

Bankruptcy Silicon Valley Private Equity Software Review 120

Hearpreneur

DECEMBER 23, 2020

I am looking to reopen offices in a smaller capacity when it is safe to do so and when my employees are comfortable with returning. I am listening to my employees and asking for their opinions on how to implement positive changes to make significant improvements to our future work environment. Thanks to James Bullard, Sound Fro ! #7-

Entrepreneur 133

Entrepreneur Technical Review Software Review Employee 133

YoungUpstarts

OCTOBER 5, 2017

by Larry Light, Chief Executive Officer of Arcature and co-author of “ Six Rules of Brand Revitalization: Learn the Most Common Branding Mistakes and How to Avoid Them “ Early this year, The Limited shut down its 250 clothing stores and not long after that the women’s apparel chain announced it was filing for bankruptcy protection.

Private Equity 113

Private Equity Bankruptcy Technical Review Leadership 113

Steve Blank

MARCH 15, 2017

When organizations are small (startups, small teams in companies and government agencies) early employees share a mission (why they come to work, what they need to do while they are at work, and how they will know they have succeeded). I had taken the job of VP of Marketing in a company emerging from bankruptcy. Why Do You Work Here?

Startup 329

Startup PR Public Relations Channel 329

YoungUpstarts

MAY 15, 2020

However, these statements are about as effective at avoiding copyright infringement as yelling “bankruptcy!” at the mirror when filing for bankruptcy. In other words, your business could be exposed to a misappropriation claim for information possessed by an incoming employee.

Intellectual Property 290

Intellectual Property IP San Jose Bankruptcy 290

The Startup Magazine

SEPTEMBER 26, 2022

What Happens After an Employee is Injured in the Workplace? Note that worker’s compensation insurance doesn’t just support your employees; it also provides liability coverage if the employee decides to sue. This could result in fines, bankruptcy, or jail time. Image Source: Unsplash. Use a Top-Down Approach.

Bankruptcy 123

Bankruptcy United States Startup Employee 123

The Startup Magazine

FEBRUARY 24, 2020

Similarly, you’ll want to diminish your cash outflows by any means necessary; vaguely speaking, this means ‘cutting the costs of doing business,’ but more specifically it may entail getting rid of unessential employees or changing suppliers in order to secure better long-term financing on your deals.

Bankruptcy 106

Bankruptcy Technical Review Security Finance 106

YoungUpstarts

SEPTEMBER 3, 2013

Background checks of potential employees routinely show both minor and more concerning issues for employers. Here are the issues that merit concern: Financial Issues: Bankruptcy, tax liens, poor credit, and other financial problems should raise a red flag, even if your potential partner will not be contributing financially to your business.

Technical Review 219

Technical Review Partner Due Diligence Bankruptcy 219

YoungUpstarts

APRIL 5, 2017

Bankruptcy is relatively common, especially post-2009, but recovering from it can require professional help. With cloud technology, your employees can have instant access to everything they need — and work from wherever it’s convenient. Get on the SEO bandwagon. Forget the stigma that outsourcing once carried.

SEO 113

SEO Bankruptcy Technical Review Cloud 113

YoungUpstarts

DECEMBER 2, 2014

companies can no longer afford to provide group health insurance to their employees. And both employers and employees alike have tried to make the most of a bad situation. In fact, since 2000, more than 10 million Americans have filed personal bankruptcy due to their employers’ failed health insurance plan. We said it.

Software Review 224

Software Review Employee Retention Government 224

Board Effect

FEBRUARY 16, 2022

When times are tough, boards may have to make the difficult decision to lay off workers, which could cause speculation about financial difficulties or even bankruptcy. While your board may have set up a program to educate your employees about the problem of sexual harassment within your nonprofit, it can happen, as it’s a pervasive problem.

PR 68

PR Management Warrant Bankruptcy 68

Startup Professionals Musings

MARCH 11, 2017

If you are just plain tired of working so hard, or your startup is not getting the traction you expected, should you shut down cleanly, or just file for bankruptcy and walk away? For those who think that bankruptcy is the easy way out, think again. Bankruptcy should always be the absolutely last resort.

Bankruptcy 136

Bankruptcy Startup Salary Operations 136

The Startup Magazine

MAY 15, 2017

The construction and building industries are heavily reliant on a contracted workforce; that is, there are a great number of individually contracted ‘employees’ who are invoiced and paid separately, rather than through a centralised system. Incremental Industry.

Software Review 60

Software Review Software Technical Review Developer 60

YoungUpstarts

SEPTEMBER 12, 2014

When you hear the question “What type of background checks should my small business run on employees?” Quite simply, a small business requires a lot less organization than a big one, so guidelines for things like employee background checks are often a bit looser and more relaxed. The truth is, however, there is no such barrier.

Small Business 171

Small Business Employee Reputation Bankruptcy 171

Hearpreneur

DECEMBER 30, 2020

I owned a mortgage company when the mortgage industry crashed and lost almost everything pushing me to the brink of personal bankruptcy. Financial freedom due to business enables me to grow my business and pay my employees, but it gives my family the quality of life that I want for them. Photo credit: Ty Crandall. 20- Various ways.

Technical Review 147

Technical Review Entrepreneur Software Review SEO 147

Both Sides of the Table

AUGUST 29, 2012

They recently exited their investment in Gaikai for $380 million while their rival OnLive (who had raised > $200 million) just went through bankruptcy. And no wonder, lately he and his partners are on a tear, investing out of their $200+ million VC fund. Not bad, hey? And they had another recent $100+ million exit of Savings.com.

Southern California 279

Southern California Detroit Los Angeles California 279

YoungUpstarts

SEPTEMBER 10, 2013

For a startup, sustained revenue is of paramount importance: a paucity of sales in one month could lead to bankruptcy the next. To prevent disaster, it’s essential for startups to lock down a big client as soon as possible.

Security 147

Security Bankruptcy Startup Revenue 147

The Equity Kicker

AUGUST 29, 2012

Within a year, the company was on the path to bankruptcy. Last month the 12-employee company became profitable, with more than 900 paying customers. If a merchant wanted to bill more than 50 customers monthly, then the business owner would have to start paying $49 a month. Most Chargify users never became paying customers.

Bankruptcy 100

Bankruptcy Software Review LLC Business Model 100

YoungUpstarts

JULY 16, 2020

If your business is unable to weather the current economic storm and has to close or file bankruptcy, you can be held personally liable for any outstanding debts. But without the personal liability protection of the “corporate shield” provided by a legal business entity, your personal finances might be vulnerable to a lawsuit or bankruptcy.

LLC 255

LLC Bankruptcy Venture Capital Stock 255

Berkonomics

SEPTEMBER 12, 2024

Now we add complexity to the issue: bankruptcy of the buyer Well, what if the buyer is now bankrupt? And there are gray areas for former key employees who signed a non-compete with a limited life as part of the sale but remained on with the buyer for some time thereafter.

Non-Compete 62

Non-Compete Bankruptcy Sales Employee 62

crowdSPRING Blog

DECEMBER 12, 2014

5 Ways To Help Employees You’re About To Lay Off | Fast Company – crowdspring.co/159KAQE. How to Motivate Employees in Less Than 5 Minutes – crowdspring.co/1CzhuZY. How to Show Employees Love (Even if it Makes Them Feel Awkward) – crowdspring.co/1CzgUvd. TV-Streaming Firm Aereo Files for Bankruptcy | WSJ – crowdspring.co/1Fh64Ie.

Social Media 100

Social Media Small Business Design Media 100

Mike Michalowicz

APRIL 15, 2013

Full time employees represent static and recurring costs. In other words, bankruptcy. We feel more accomplished when we brag about the 15 employees we have for our (barely) million dollar business, instead of bragging how we have three employees with the per employee revenue exceeding two hundred thousand.

Cost 151

Cost Bankruptcy Revenue Software Review 151