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. Is there a real customer willing to give a testimonial?

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. For this article, we asked 14 SaaS CEOs a simple question: “How much did you spend on your MVP before you had your first dollar of revenue?”. We didn’t spend any real cash prior to getting our first paying customer,” recounts Arsenault. “I’ll Image source).

Sweat Equity 78

Sweat Equity Software Review Vesting Cofounder 78

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. Here are five key ones to celebrate: Enjoy the feedback from every satisfied customer.

Sweat Equity 435

Sweat Equity Salary Viral Leadership 435

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. For this article, we asked 14 SaaS CEOs a simple question: “How much did you spend on your MVP before you had your first dollar of revenue?”. We didn’t spend any real cash prior to getting our first paying customer,” recounts Arsenault. “I’ll Image source).

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. Show them that you have done your homework with industry experts and potential customers, and convince them you are not asking for charity or a donation. Tie re-payments to revenue growth in the startup.

Sweat Equity 346

Sweat Equity Elevator Pitch Equity Venture Capital 346

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. Here are five key ones to celebrate: Enjoy the feedback from every satisfied customer.

Sweat Equity 296

Sweat Equity Startup Salary Viral 296

Startup Professionals Musings

MAY 13, 2011

Terms like “every customer needs this” and “next generation platform” are far too soft, and should be avoided. This is not the place for a detailed product specification, but an explanation of how and why it works, including a customer-centric quantification of the benefits. Solution and benefits. Focus is the keyword here.

Business Plan 290

Business Plan Sweat Equity Exit Strategy Intellectual Property 290

Startup Professionals Musings

AUGUST 13, 2012

Terms like “every customer needs this” and “next generation platform” are far too soft, and should be avoided. This is not the place for a detailed product specification, but an explanation of how and why it works, including a customer-centric quantification of the benefits. Solution and benefits. Focus is the keyword here.

Business Plan 283

Business Plan Sweat Equity Exit Strategy Intellectual Property 283

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. Show them that you have done your homework with industry experts and potential customers, and convince them you are not asking for charity or a donation. Tie re-payments to revenue growth in the startup.

Sweat Equity 274

Sweat Equity Elevator Pitch Startup Equity 274

Startup Professionals Musings

APRIL 22, 2010

Terms like “every customer needs this” and “next generation platform” are far too soft, and should be avoided. This is not the place for a detailed product specification, but an explanation of how and why it works, including a customer-centric quantification of the benefits. Solution and benefits. Focus is the keyword here.

Business Plan 186

Business Plan Exit Strategy Sweat Equity Intellectual Property 186

Gust

AUGUST 5, 2012

Terms like “every customer needs this” and “next generation platform” are far too soft, and should be avoided. This is not the place for a detailed product specification, but an explanation of how and why it works, including a customer-centric quantification of the benefits. Solution and benefits. Focus is the keyword here.

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. I think it’s difficult, if not impossible, to value a pre-revenue company with any reasonable accuracy. GrasshopperHerder.com.

Sweat Equity 41

Sweat Equity Equity Cofounder Non-Compete 41

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. Here are five key ones to celebrate: Enjoy the feedback from every satisfied customer.

Sweat Equity 120

Sweat Equity Salary Startup Viral 120

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. Here are five key ones to celebrate: Enjoy the feedback from every satisfied customer.

Sweat Equity 120

Sweat Equity Salary Viral Leadership 120

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. 160 is average revenue per user (ARPU).

Sweat Equity 138

Sweat Equity Churn Rate Forecast Business Model 138

YoungUpstarts

SEPTEMBER 15, 2018

You might as well have all your liquid assets and sweat equity in place but if you are unable to raise money for your business beyond the valuation which has been stated by your investors ($ 1.5 Your investors will be interested in knowing the total number of customers who are actually paying you.

Pre-Money Valuation 124

Pre-Money Valuation Valuation Sweat Equity Startup 124

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. Show them that you have done your homework with industry experts and potential customers, and convince them you are not asking for charity or a donation. Tie re-payments to revenue growth in the startup.

Sweat Equity 120

Sweat Equity Entrepreneur Elevator Pitch Equity 120

Startup Professionals Musings

FEBRUARY 13, 2016

Investors want to hear about customers with money who have a painful problem that you can solve now. Investors are looking for a concise description of your product or service without technical jargon or fuzzy marketing terms with value quantified in customer terms. Quantify founder investments, both cash and sweat-equity.

Sweat Equity 120

Sweat Equity Advisory Board Liquidity Event Startup 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. 160 is average revenue per user (ARPU).

Sweat Equity 122

Sweat Equity Churn Rate Elevator Pitch Forecast 122

crowdSPRING Blog

NOVEMBER 25, 2012

SM is cheap, fast, flexible, powerful and, with an investment of sweat equity, can bring meaningful returns to a small business. Small businesses that commit to these practices will often see great results over time with the returns measured in traffic, revenue, customers, and word-of-mouth. Ask your customers.

Small Business 121

Small Business Social Media Sweat Equity Startup 121

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. With this capital, the company propels itself to $50 million+ in revenues, and to either a sale to a strategic acquirer or to an initial public offering.

Angel Investor 112

Angel Investor Venture Capital Sweat Equity Cram Down 112

Business Plan Blog

NOVEMBER 15, 2013

As a startup with zero to very low revenue, your friends, family, and cofounders do not expect you to have achieved very many major milestones. Investors at any stage like to see that you have committed personal funds in addition to sweat equity. If your product is not developed, you will need some sort of mockup.

Sweat Equity 71

Sweat Equity Founder Cofounder Valuation 71

Up and Running

DECEMBER 23, 2019

Sweat Equity. “I Using Revenues to Fund Growth. Rather than wasting energy chasing alternative sources of funding, start selling your product to customers and slowly grow your company using generated revenue. You can use your own savings to fund your company and move to a cheaper area to save money.

Finance 70

Finance Sweat Equity Bootstrapping Entrepreneur 70

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

grasshopper.com

SEPTEMBER 24, 2011

Sweat Equity Or Equity With Compensation? The arrangement of pure equity without additional compensation is considered a fairly risky agreement. The potential pay-out could be quite large since you will likely be offered significant equity if no money is involved. Equity As a Performance Incentive.

Equity 41

Equity Vesting Sweat Equity Salary 41

Small Business Force

OCTOBER 14, 2016

You have to articulate the problem you’re solving or the unmet need you’re addressing for what customer set, right up front. Then, you need to describe what your business model is, i.e., why, how and how much that customer set will pay you to solve the identified problem or the unmet need. Why is your approach better?

Sweat Equity 20

Sweat Equity Private Equity Valuation Equity 20

Small Business Force

AUGUST 22, 2009

Your business is typically the single largest element of your asset base and estate, often with both real capital tied up and huge amounts of sweat equity invested. You've built relationships with partners, employees, and customers that are nearly family-like. Do expectations far exceed those multiple of revenues or valuations?

Valuation 20

Valuation Sweat Equity Merger Sales 20

Small Business Force

AUGUST 22, 2009

Your business is typically the single largest element of your asset base and estate, often with both real capital tied up and huge amounts of sweat equity invested. And it's probably been the center of your life, with relationships that have been built with partners, employees and customers that are nearly family-like.

Entrepreneur 20

Entrepreneur Valuation Sweat Equity Merger 20

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. spent $20 million to get back to the same revenue that I had when I was CEO. During this year they.

Cofounder 89

Cofounder Startup Technical Cofounder CTO Hire 89

infochachkie.com

SEPTEMBER 24, 2011

For instance, if a consultant proposes to help you with public relations, pay them a commission equivalent to the greater of a flat fee per story placed or a percentage of revenue generated from the PR coverage. If a consultant claims they can enhance your marketing efforts, pay them based on their direct impact on your incremental sales.

Equity 40

Equity Silicon Valley Cofounder PR 40

www.virtuosimedia.com

MARCH 8, 2012

Custom Programming. If the idea was reliant on ad revenue for profit, it quickly becomes apparent that there will be no incoming money at all. 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.

Technical Cofounder 41

Technical Cofounder Cofounder Technical Review NDA 41

www.chubbybrain.com

SEPTEMBER 28, 2011

spent $20 million to get back to the same revenue that I had when I was CEO. created a vastly higher cost structure; I had 80 people mostly on base salaries under $100,000 and was bringing in revenue at the rate of $20 million annually. .”). Not close enough to the customer. During this year they. Company : Boompa.com.

Software Review 79

Software Review Startup Technical Review Vesting 79

Austin Startup

JANUARY 30, 2020

We made it from nothing, built it up with sweat equity, do everything in our means to make this thing grow, and wait to see what happens. Learned that on-boarding people onto an app for a service they already use is WAY harder than it seems, and there’s a real risk of losing customers if done incorrectly.

Sweat Equity 63

Sweat Equity B2B B2C Business Model 63

Occam's Razor

JANUARY 20, 2010

Is the customer intent contained in the keywords telling you how to change / improve the page? So in this context go back to your page report (from step 1 where you applied the organic segment) and look at the $Index [which is: (goal value + e-commerce revenue) / unique views of the page you are analyzing]. Well don't give up.

Analytics 90

Analytics Search SEO Metrics 90