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. You need a prototype. You need specialized equipment.

Bootstrapping 183

Bootstrapping Sweat Equity Entrepreneur Technical Review 183

ReadWriteStart

DECEMBER 29, 2010

We received better customer service from Taco Bell and the police department than from Stockmann, the top tier department store in Finland! It seems they are more comfortable with small talk with the customer. For some odd reason, it is easier to get a visa by being hired, than by establishing a U.S. Cultural Edge. 3 Choices.

Silicon Valley 156

Silicon Valley Finland Sweat Equity Entrepreneur 156

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. Every startup should have at least a couple of outside advisors who are not major investors or family members, anxious to talk to new investors and key new hires.

Sweat Equity 120

Sweat Equity Burn Rate Technical Review Intellectual Property 120

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. Every startup should have at least a couple of outside advisors who are not major investors or family members, anxious to talk to new investors and key new hires.

Technical Review 120

Technical Review Due Diligence Sweat Equity Burn Rate 120

ConversionXL

NOVEMBER 6, 2019

Then we ship it to customers way before it’s ready. We didn’t spend any real cash prior to getting our first paying customer,” recounts Arsenault. “I’ll Gadea leveraged his connections in Silicon Valley to seed viral distribution of the product, which, in turn, generated the revenue to hire engineers and scale the company.

Sweat Equity 78

Sweat Equity Software Review Vesting Cofounder 78

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. Keep expenses down, but keep customer visibility and sensitivity as a top priority. Practice living on a shoestring budget.

Hockey Stick 423

Hockey Stick Bootstrapping Sweat Equity Intellectual Property 423

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. Keep expenses down, but keep customer visibility and sensitivity as a top priority. Practice living on a shoestring budget.

Equity 349

Equity Hockey Stick Bootstrapping Sweat Equity 349

ConversionXL

NOVEMBER 6, 2019

Then we ship it to customers way before it’s ready. We didn’t spend any real cash prior to getting our first paying customer,” recounts Arsenault. “I’ll Gadea leveraged his connections in Silicon Valley to seed viral distribution of the product, which, in turn, generated the revenue to hire engineers and scale the company.

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. The vehicle of choice is most often a convertible note, which is really a loan with a specified duration and interest, with an option to convert it to equity when professional investors come in later.

Sweat Equity 346

Sweat Equity Elevator Pitch Equity Venture Capital 346

The Startup Magazine

JANUARY 10, 2023

He knows that quality of startup hiring is linked to the tone the founder sets for the company. He seeks zeal in potential hires. “We The enhanced water market is growing as customers are more and more frequently seeking healthier flavored beverages over those that are sugar-filled and artificially flavored.

Hiring 158

Hiring Founder Sweat Equity Cofounder 158

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. The vehicle of choice is most often a convertible note, which is really a loan with a specified duration and interest, with an option to convert it to equity when professional investors come in later.

Sweat Equity 274

Sweat Equity Elevator Pitch Startup Equity 274

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. They should be asking to speak to you if you are a potential investor or a superstar hire. Who is a real customer that I can talk to?

Due Diligence 253

Due Diligence Sweat Equity Intellectual Property Burn Rate 253

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. They should be asking to speak to you if you are a potential investor or a superstar hire. Who is a real customer that I can talk to?

Due Diligence 244

Due Diligence Sweat Equity Burn Rate Intellectual Property 244

Startup Professionals Musings

SEPTEMBER 5, 2011

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. They should be asking to speak to you if you are a potential investor or a superstar hire. Who is a real customer that I can talk to?

Due Diligence 237

Due Diligence Sweat Equity Intellectual Property Entrepreneur 237

Startup Professionals Musings

AUGUST 20, 2010

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. They should be asking to speak to you if you are a potential investor or a superstar hire. Who is a real customer that I can talk to?

Due Diligence 229

Due Diligence Sweat Equity Intellectual Property Startup 229

Gust

DECEMBER 8, 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. They should be asking to speak to you if you are a potential investor or a superstar hire. Who is a real customer that I can talk to?

Due Diligence 174

Due Diligence Sweat Equity Intellectual Property Burn Rate 174

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

Startup Professionals Musings

APRIL 6, 2016

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. Keep expenses down, but keep customer visibility and sensitivity as a top priority. Practice living on a shoestring budget.

Bootstrapping 120

Bootstrapping Hockey Stick Sweat Equity Intellectual Property 120

Up and Running

JANUARY 24, 2014

Tell a real customer story. When possible, open your pitch by telling a real customer story that addresses the problem your product or service solves in the marketplace. Instead, use real names and real customer challenges. Customers pay by the hour or by the day. is our customer acquisition cost (CAC).

Sweat Equity 138

Sweat Equity Churn Rate Forecast Business Model 138

Startup Professionals Musings

JUNE 1, 2015

The average amount per startup was $23,000, usually in the form of a convertible loan, rather than an equity investment. The vehicle of choice is most often a convertible note, which is really a loan with a specified duration and interest, with an option to convert it to equity when professional investors come in later.

Sweat Equity 120

Sweat Equity Entrepreneur Elevator Pitch Equity 120

Up and Running

FEBRUARY 12, 2019

Tell a real customer story. When possible, open your pitch by telling a real customer story that addresses the problem your product or service solves in the marketplace. Instead, use real names and real customer challenges. Customers pay by the hour or by the day. is our customer acquisition cost (CAC).

Sweat Equity 122

Sweat Equity Churn Rate Elevator Pitch Forecast 122

Growthink Blog

MAY 23, 2011

An entrepreneur starts a company in classic " bootstrap " fashion - with a combination of sweat equity and their own financial resources. And they hire very aggressive securities attorneys to represent their interests. The typical wisdom regarding the appropriate financing course for a new company goes as follows: 1.

Angel Investor 112

Angel Investor Venture Capital Sweat Equity Cram Down 112

YoungUpstarts

APRIL 12, 2016

To do this, you will need to invest money in hiring programmers who can build and maintain the app. But if you break down this idea, you can identify a smaller business component where customers can request a truck and this notification can be sent out to all commercial truck owners in the city. That seems like a lot of capital.

Cofounder 100

Cofounder Sweat Equity Startup Seed Capital 100

David Teten

MARCH 9, 2021

We hired a coach to help make us a world-class team.” . One or more of our past coworkers are joining us in this new business, and working for sweat equity.”. ” “We have a small small group of customers who are super-passionate about us, and have shown they’ll pay a premium.”. Note this applies in real time.

Sweat Equity 78

Sweat Equity Equity Metrics Demand 78

Up and Running

JUNE 26, 2017

So several months and a lot of mistakes later, we pivoted to helping small businesses get and keep more customers. Mark Cuban has famously said, “Sweat equity is the best startup capital.” To create your marketing and sales strategy, you need to answer this question: How can we best explain our value to potential customers?

Sweat Equity 145

Sweat Equity Business Plan Naming eCommerce 145

Scott Edward Walker

JUNE 23, 2011

As I discussed in my recent post “ How To Hire a Superstar Engineer for Your Startup ,” startups may not give employees “sweat equity” in lieu of any ongoing cash payment/salary; nor may startups defer wages and other compensation. university.

Accredited Investor 82

Accredited Investor Sweat Equity Los Angeles Finder 82

The Equity Kicker

SEPTEMBER 2, 2015

. – The company also needs the hustle to get stuff done and find the first few customers. The founding team sets the mould for future employees of a company and the oft repeated cliche that A players hire A players while B players hire C players is very true. Building the right founding team.

Sweat Equity 60

Sweat Equity Cofounder Angel Investor eCommerce 60

Up and Running

DECEMBER 23, 2019

Sweat Equity. “I Hire somebody on Upwork or a prototyping agency to create a super simple, stripped-down version ( minimal viable product ) that demonstrates your product. Instead, get early customer feedback to better improve your offering to position you for scaling sales further.” – Firas Kittaneh , Zoma.

Finance 70

Finance Sweat Equity Bootstrapping Entrepreneur 70

Austin Startup

SEPTEMBER 19, 2017

This is useful for a number of reasons, the most obvious of which is to help you navigate the right channels in your vertical and open doors to potential customers. A strong advisor can walk you in the door to the same number of companies as 2–3 new sales hires. Never discount the power of a warm intro.

Advisory Board 48

Advisory Board Sweat Equity Marketing Vertical 48

Small Business Force

JANUARY 25, 2013

Too many entrepreneurs end up not only investing their life savings but continuing to also invest "sweat equity" while paying employees, suppliers and landlords. If you aren't getting paid, you aren't paying for the engine!

Sweat Equity 37

Sweat Equity Salary Early Stage America 37

Women Entrepreneurs Can

MAY 9, 2019

As you acquire customers and your customer base grows, once you start to make a profit it’s only natural to start thinking about the next step forward. During the early days, these are your key contributors and they must be willing to put as much sweat equity into the organization as you are. You Trust Your Team.

Programming 40

Programming Sweat Equity Startup Private Equity 40

www.chubbybrain.com

SEPTEMBER 28, 2011

The negativity either impacted investment funding (venture capital fell off a cliff in 2009) or the customers they were targeted as was the case for Untitled Partners who were building a platform for fractional art ownership. The first being that there has to be congruence between your startup’s concept and location.

Cofounder 89

Cofounder Startup Technical Cofounder CTO Hire 89

www.virtuosimedia.com

MARCH 8, 2012

Custom Programming. Hire someone to do a working prototype/proof-of-concept. It’s simply an untenable situation to expect the technical co-founder to assume the full burden of risk through sweat equity. Businesses. Business Articles. Accounting. Copywriting Tips. General Business. Internet Security. Startup Advice.

Technical Cofounder 41

Technical Cofounder Cofounder Technical Review NDA 41

www.chubbybrain.com

SEPTEMBER 28, 2011

Post-Mortem Title : My eHarmony for Hiring Failure. Don’t exacerbate the issue by needing to figure out how to deal with a large equity deadweight on your hands (investors won’t like that the #2 stakeholder is absent, even estranged, from your company). Not close enough to the customer. I realized that money was not the issue.

Software Review 79

Software Review Startup Technical Review Vesting 79

infochachkie.com

SEPTEMBER 24, 2011

Tracking such revenue can be a challenge but is possible to approximate the revenue impact of PR activities via the use of unique URLs, customer surveys, etc. Any function within your startup that involves iterative learning, passion and/or close proximity to your customers should not be outsourced. Passion Cannot be Outsourced.

Equity 40

Equity Silicon Valley Cofounder PR 40

Hearpreneur

DECEMBER 10, 2016

Connecting every day with customers and working together to solve their business problems provides a level of satisfaction that goes way beyond the financial rewards. Running a business gives me the freedom to choose what matters to me and align that with what matters to my customers. We all want to believe that what we do matters.

Entrepreneur 48

Entrepreneur Sweat Equity Alabama LLC 48

sivers.org

JUNE 25, 2010

Derek Sivers about me blog books email list contact How to hire a programmer to make your ideas happen 2010-06-19 Do you have an idea for a website, online business, or application, but need a programmer to turn that idea into reality? Say, “We are hiring a developer to create only the beginning of an application. Hire one from each.

CTO Hire 84

CTO Hire Hiring Software Review Technical Review 84