Remove Business Plan Remove Cost Remove Technical Cofounder
article thumbnail

5 Keys To Negotiating Your Fair Share Of Any Startup

Startup Professionals Musings

Building a new business is quite different from an executive role in a mature company, so people from these backgrounds are often a liability. Value is embodied in previous success with investors, proven problem solving ability, and having built and executed a business plan with minimal resources. But don’t get greedy.

Cofounder 435
article thumbnail

5 Equity Distribution Parameters For Key Contributors

Startup Professionals Musings

I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a cofounder or two. You need to find the skills or experience you don’t have in business, technology, or money. Giving a cofounder a salary won’t get you the “fire in the belly” you want.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

How Much Founder Stock Should You Offer Co-Founders?

Startup Professionals Musings

Building a new business is quite different from an executive role in a mature company, so people from these backgrounds are often a liability. Value is embodied in previous success with investors, proven problem-solving ability, and having built and executed a business plan with minimal resources. But don’t get greedy.

Cofounder 261
article thumbnail

5 Criteria For Splitting Equity In Your New Venture

Startup Professionals Musings

Building a new business is quite different from an executive role in a mature company, so people from these backgrounds are often a liability. Value is embodied in previous success with investors, proven problem solving ability, and having built and executed a business plan with minimal resources. But don’t get greedy.

Equity 238
article thumbnail

8 Steps To Starting A New Venture With Limited Funds

Startup Professionals Musings

Now is the time to be an entrepreneur and create a business from your passion. The cost of rolling out a business has never been lower – it only takes a few hundred dollars to incorporate a Limited Liability Corp (LLC) online, create your own website, use social media to get attention, and you are in business.

article thumbnail

Startup Grind Turns the Tables on Mark Suster

Both Sides of the Table

It was all technical. You know, the weird thing, Derek, and I should probably let you speak some time, but I was deeply technical when I went into Andersen consulting, and I got paid much less than engineers who graduated, because I had a degree in economics. Technical founder. And my specialty was computer networks.

Cofounder 337
article thumbnail

Why you can('t) recruit a technical cofounder

blog.launchbit.com

cofounders. technical cofounder. Why you can(t) recruit a technical cofounder. Our vision for LaunchBit centers around helping people get their web business ideas off the ground. Over the past 2 weeks or so, we put together a short survey and invited "technical" people to fill it out. Viewed times.