Startup Professionals Musings

NOVEMBER 13, 2012

In today’s Internet world, enterprising entrepreneurs have found that they can find out and do almost anything they need, from incorporating the company to filing patents, without expensive consultants, or the cost to hiring and firing employees. Need expensive resources up front. General startup expenses are beyond your means.

Sweat Equity 239

Sweat Equity Technical Review Bootstrapping Equity 239

Startup Professionals Musings

MAY 22, 2010

These are things that can cost very little money, but go a long ways in convincing someone that you are making progress. Investors like to see that you have committed personal funds as well as “sweat equity,” and they like to see real progress at this level. Register some intellectual property. Show personal investment.

Intellectual Property 222

Intellectual Property Sweat Equity CTO Hire Fractional CTO 222

www.drowningamerican.com

JUNE 22, 2012

Next → How to Hire for Sweat Equity…. model of offering a more valuable product at no cost to the user (think Mint.Com). Pingback: How we Hire for Sweat Equity (Part 2)… « Drowning American. Pingback: How to Hire for Sweat Equity… « Drowning American | ShakyaNilam. Post navigation.

Sweat Equity 40

Sweat Equity Equity Hiring Technical Review 40

Gust

DECEMBER 15, 2013

In today’s Internet world, enterprising entrepreneurs have found that they can find out and do almost anything they need, from incorporating the company to filing patents, without expensive consultants, or the cost to hiring and firing employees. Need expensive resources up front. General startup expenses are beyond your means.

Bootstrapping 183

Bootstrapping Sweat Equity Entrepreneur Technical Review 183

ConversionXL

NOVEMBER 6, 2019

“We also got lucky and qualified for some startup benefits with companies like Rackspace, who covered our infrastructure costs for the first year,” continues Arsenault. “We It cost less than $1k to build, and they released it in 2016. The company started coding the first version of their MVP in August 2014, which cost Wigzo $80k.

Sweat Equity 78

Sweat Equity Software Review Vesting Cofounder 78

Gust

DECEMBER 20, 2012

There is no specific ratio between “sweat equity” and cash in a venture, and that’s actually not a good way to think about the issue. You might have created that value by slaving 18 hours a day, seven days a week for five years (in which case the value of the sweat equity is $8.70

Sweat Equity 136

Sweat Equity Equity Valuation Salary 136

Startup Professionals Musings

MAY 18, 2020

It’s more possible to bootstrap today than a few years ago, as the cost of entry continues to go down. 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.

Hockey Stick 423

Hockey Stick Bootstrapping Sweat Equity Intellectual Property 423

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. Word of mouth advertising and viral marketing cost big bucks these days so budget for it. Starting a business may be fun, but it’s not easy. Marketing is top priority.

Sweat Equity 400

Sweat Equity Intellectual Property Startup Viral 400

socialmatchbox.com

OCTOBER 23, 2010

If you have a friend who is a recruiter then ask them to tell you what they recommend that will not cost anything. This means considering what the opportunity cost for working on a high risk venture is relative to other things they can spend their time on. If they own a Mac Book Pro that may cost around $1,800 bucks (new).

Part-Time VPE 41

Part-Time VPE Sweat Equity DC Washington 41

Startup Professionals Musings

FEBRUARY 15, 2023

It’s more possible to bootstrap today than a few years ago, as the cost of entry continues to go down. 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.

Equity 349

Equity Hockey Stick Bootstrapping Sweat Equity 349

Startup Professionals Musings

JANUARY 14, 2022

Most entrepreneurs who start a company alone soon come to the conclusion that two heads are better than one – someone to share the workload, the hard decisions, costs, and tasks you don’t like. This would be a mistake, and could easily cost you your startup. I’ll put in the money, if you put in the sweat equity.”

Partner 351

Partner Cofounder Sweat Equity Startup 351

View from Seed

DECEMBER 4, 2014

The most successful approaches to splitting founders equity typically involve establishing a framework that all the co-founders buy into at the outset. This needn’t be some terribly complex formula that tries to do a cost accounting of everyone’s contribution to the decimal point. Capital Investment & Sweat Equity.

Equity 315

Equity Founder Sweat Equity Cofounder 315

ConversionXL

NOVEMBER 6, 2019

“We also got lucky and qualified for some startup benefits with companies like Rackspace, who covered our infrastructure costs for the first year,” continues Arsenault. “We It cost less than $1k to build, and they released it in 2016. The company started coding the first version of their MVP in August 2014, which cost Wigzo $80k.

Sweat Equity 50

Sweat Equity Software Review Vesting Cofounder 50

Startup Professionals Musings

JANUARY 11, 2021

The average amount per startup has been $23,000, usually in the form of a convertible loan, rather than an equity investment. Rather than set a fixed repayment schedule, tie investment payoffs to a percentage of new product revenue, or a plan to convert the debt to equity.

Sweat Equity 346

Sweat Equity Elevator Pitch Equity Venture Capital 346

Agile VC

DECEMBER 4, 2014

The most successful approaches to splitting founders equity typically involve establishing a framework that all the co-founders buy into at the outset. This needn’t be some terribly complex formula that tries to do a cost accounting of everyone’s contribution to the decimal point.

Cofounder 255

Cofounder Equity Founder Sweat Equity 255

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. Word of mouth advertising and viral marketing cost big bucks these days so budget for it. Starting a business may be fun, but it’s not easy. Marketing is top priority.

Sweat Equity 256

Sweat Equity Intellectual Property Entrepreneur Viral 256

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. Word of mouth advertising and viral marketing cost big bucks these days so budget for it. Starting a business may be fun, but it’s not easy. Marketing is top priority.

Sweat Equity 251

Sweat Equity Intellectual Property Startup Viral 251

Startup Professionals Musings

SEPTEMBER 25, 2023

The average amount per startup has been $23,000, usually in the form of a convertible loan, rather than an equity investment. Rather than set a fixed repayment schedule, tie investment payoffs to a percentage of new product revenue, or a plan to convert the debt to equity.

Sweat Equity 274

Sweat Equity Elevator Pitch Startup Equity 274

Startup Professionals Musings

NOVEMBER 8, 2012

Most entrepreneurs who start a company alone soon come to the conclusion that two heads are better than one – someone to share the workload, the hard decisions, and the costs. This would be a mistake, and could easily cost you your startup. I’ll put in the money, if you put in the sweat equity.” It usually doesn’t work.

Cofounder 244

Cofounder Founder Sweat Equity Partner 244

Startup Professionals Musings

DECEMBER 12, 2013

Most entrepreneurs who start a company alone soon come to the conclusion that two heads are better than one – someone to share the workload, the hard decisions, and the costs. This would be a mistake, and could easily cost you your startup. I’ll put in the money, if you put in the sweat equity.” It usually doesn’t work.

Cofounder 240

Cofounder Founder Sweat Equity Startup 240

Startup Professionals Musings

SEPTEMBER 3, 2011

Most entrepreneurs who start a company alone soon come to the conclusion that two heads are better than one – someone to share the workload, the hard decisions, and the costs. This would be a mistake, and could easily cost you your startup. I’ll put in the money, if you put in the sweat equity.” It usually doesn’t work.

Cofounder 239

Cofounder Founder Sweat Equity Startup 239

Startup Professionals Musings

MAY 13, 2011

Explain in terms your mother could understand, and quantify the “cost-of-pain” in dollars or time. Quantify existing skin-in-the-game, by insiders and outsiders, including sweat equity and capital. The most credible sizing approach is to do your financial model first with the volume, cost, and pricing parameters you want.

Business Plan 290

Business Plan Sweat Equity Exit Strategy Intellectual Property 290

Startup Professionals Musings

AUGUST 13, 2012

Explain in terms your mother could understand, and quantify the “cost-of-pain” in dollars or time. Quantify existing skin-in-the-game, by insiders and outsiders, including sweat equity and capital. The most credible sizing approach is to do your financial model first with the volume, cost, and pricing parameters you want.

Business Plan 283

Business Plan Sweat Equity Exit Strategy Intellectual Property 283

Startup Professionals Musings

NOVEMBER 12, 2010

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. Word of mouth advertising and viral marketing cost big bucks these days so budget for it. Starting a business may be fun, but it’s not easy. Marketing is top priority.

Sweat Equity 222

Sweat Equity Intellectual Property Viral Salary 222

Startup Professionals Musings

AUGUST 4, 2010

Most entrepreneurs who start a company alone soon come to the conclusion that two heads are better than one – someone to share the workload, the hard decisions, and the costs. This would be a mistake, and could easily cost you your startup. I’ll put in the money, if you put in the sweat equity.” It usually doesn’t work.

Cofounder 207

Cofounder Founder Sweat Equity Startup 207

Berkonomics

OCTOBER 15, 2020

It extends the cash available for research and other necessary fixed costs and gives the fragile, young company more “runway” to get to breakeven. The post Should you include your sweat equity in a business plan? Investors love it when entrepreneurs draw little or no money from their startups. first appeared on BERKONOMICS.

Sweat Equity 62

Sweat Equity Equity Business Plan Balance Sheet 62

Agile VC

DECEMBER 4, 2014

The most successful approaches to splitting founders equity typically involve establishing a framework that all the co-founders buy into at the outset. This needn’t be some terribly complex formula that tries to do a cost accounting of everyone’s contribution to the decimal point.

Cofounder 173

Cofounder Equity Founder Sweat Equity 173

Startup Professionals Musings

APRIL 10, 2019

Image via Pixabay Most entrepreneurs who start a company alone soon come to the conclusion that two heads are better than one – someone to share the workload, the hard decisions, and the costs. This would be a mistake, and could easily cost you your startup. I’ll put in the money, if you put in the sweat equity.”

Partner 177

Partner Sweat Equity Cofounder Equity 177

YoungUpstarts

JULY 6, 2020

It’ll cost you some sweat equity and time, but the extra income will help you chip away debt. Understand that failure to make payments can result in the foreclosure of your home. Start a Side Business. If someone doesn’t want to take on more debt to pay off other financial obligations, then start a side business.

Sweat Equity 173

Sweat Equity Equity Security Finance 173

Startup Professionals Musings

APRIL 22, 2010

Explain in terms your mother could understand, and quantify the “cost-of-pain” in dollars or time. Quantify existing skin-in-the-game, by insiders and outsiders, including sweat equity and capital. The most credible sizing approach is to do your financial model first with the volume, cost, and pricing parameters you want.

Business Plan 186

Business Plan Exit Strategy Sweat Equity Intellectual Property 186

Startup Professionals Musings

APRIL 8, 2017

Most entrepreneurs who start a company alone soon come to the conclusion that two heads are better than one – someone to share the workload, the hard decisions, and the costs. This would be a mistake, and could easily cost you your startup. I’ll put in the money, if you put in the sweat equity.” It usually doesn’t work.

Partner 149

Partner Cofounder Sweat Equity Startup 149

Gust

AUGUST 5, 2012

Explain in terms your mother could understand, and quantify the “cost-of-pain” in dollars or time. Quantify existing skin-in-the-game, by insiders and outsiders, including sweat equity and capital. The most credible sizing approach is to do your financial model first with the volume, cost, and pricing parameters you want.

Business Plan 182

Business Plan Sweat Equity Exit Strategy Intellectual Property 182

grasshopperherder.com

SEPTEMBER 24, 2011

Piercing the Corporate Veil – Sweat Equity Consulting. But much like becoming a co-founder, getting paid sweat equity is essentially becoming an investor in the company. If you did, why would you be consulting for sweat equity instead of investing as a VC or for yourself? GrasshopperHerder.com.

Sweat Equity 41

Sweat Equity Equity Cofounder Non-Compete 41

Gust

AUGUST 7, 2012

Sweat equity can be a problem. Projecting absurdly high profits doesn’t mean it’s a profitable business; it means somebody doesn’t understand the business well enough to know its costs and expenses. They assume a single significant lie is a tip of an iceberg. Stupid profitability. Tops-down projections.

Business Plan 172

Business Plan Sweat Equity Salary Founder 172

YoungUpstarts

MAY 16, 2018

There are literally dozens of low-cost business ideas available to entrepreneurs with a modicum of talent and ingenuity — reasonably low-hanging fruit that you can turn up in a matter of days or weeks. Follow these six tips and best practices to control your startup costs and stay on schedule. Look for High-Potential Properties.

Sweat Equity 124

Sweat Equity Entrepreneur Equity Hosting 124

Startup Professionals Musings

APRIL 6, 2016

It’s more possible to bootstrap today than a few years ago, as the cost of entry continues to go down. With one of the new free 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.

Bootstrapping 120

Bootstrapping Hockey Stick Sweat Equity Intellectual Property 120

YoungUpstarts

NOVEMBER 1, 2016

If you can keep costs low while repairing and time the market properly, you could end up with a decent profit for your efforts. Once you buy yourself a property at a bargain price, your profit margin depends on how much you can suppress the costs of repairs. A lot of the profits from house flipping stem from sweat equity.

Sweat Equity 100

Sweat Equity .Net Equity Cost 100