Startup Professionals Musings

APRIL 12, 2019

You find that you need to be near major customers, or employee transportation hubs, where rents are higher than you ever anticipated. Your frugal role model of bringing your own lunch won’t be convincing to most employees. Ramp-up facilities and utilities required. Staffing and people-management costs.

Cost 264

Cost Founder Software Review Startup 264

Startup Professionals Musings

JUNE 11, 2022

Personal loans from individuals, employees and board members. As in any company, they can lead to employee problems, or messy legal issues. This could work to get you legal or accounting services, but won’t get you cash to pay employee salaries. Personal loans are certainly an option, but should be avoided if possible.

Angel Investor 327

Angel Investor Equity Technical Review Exit Strategy 327

YoungUpstarts

APRIL 10, 2014

by Todd Patkin, author of “ Finding Happiness “ What were your last 10 or 15 employee conversations like? And chances are, unless they were delivered in a, shall we say, forceful tone of voice, your employees don’t mind hearing pertinent instructions and questions. So why does their morale seem to be, well, wilting?

Employee 212

Employee Massachusetts Dividend Campaign 212

Startup Professionals Musings

SEPTEMBER 29, 2018

Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. Waiting until you have something to sell before bringing on a sales and operations staff.

Burn Rate 223

Burn Rate Hockey Stick Startup Salary 223

The Startup Magazine

MAY 31, 2022

Any operation that involves an employee, like recruitment, payroll management, or even offboarding, can be included in these HR functions or duties. . Most HR functions are outsourced to an HR consulting agency by SMBs (10–500 employees). We are introducing new employees to the organization. 2 Managing Performance.

United States 158

United States Salary UAE Hiring 158

Up and Running

APRIL 12, 2021

For many startups and small businesses, talent management can sometimes be deprioritized from the everyday chaos and operations. As they begin to grow , they start to recognize that using a spreadsheet or using memory to keep track of employee performance just doesn’t work. Unclear objectives & tasks.

Employee 139

Employee Management Salary Retention 139

Both Sides of the Table

APRIL 27, 2010

Moving on … My second post was directed at employees. If you’ve done it for a long time then I usually advise hiring managers to hire you as contractors and not full-time employees. Most of what I learned about operating startups I learned from the really tough years at my first company from 2001-2003.

Venture Capital 285

Venture Capital Hiring Software Review Stock Options 285

Both Sides of the Table

MAY 2, 2015

And it turns out that employee reviews matter. People care about salary increases and benchmarking to market and even if you can’t pay market you sure as hell better know what “market” is. Didn’t have employees sign non-solicitation agreements? Didn’t have employees sign non-solicitation agreements?

Operations 150

Operations Metrics Early Stage Non-Compete 150

A Smart Bear: Startups and Marketing for Geeks

DECEMBER 21, 2009

If you honestly can't imagine that there's anything a full-time person could do that would generate enough revenue to cover their salary, that's not a bad thing. No need for a new employee of course, but maybe you should re-prioritize those tasks next month. Which of your business operations do you hate? It could be an intern.

Startup 315

Startup Revenue Cofounder Sales 315

Steve Blank

OCTOBER 23, 2023

Laura Thomas is a former CIA operations officer. Most of her lessons were applicable to any government employee venturing out to the private sector. Strategy and Operations roles: These roles help make sure vision, resources (budgets and people), and the market opportunity are aligned. Read part one here. They need you.

Government 241

Government Advisory Board Salary Sales Cycle 241

A Smart Bear: Startups and Marketing for Geeks

FEBRUARY 26, 2013

No salaries followed by low salaries. Although of course the business is physically separate from you, and its success is undeniably due to your faithful employees even more than it’s due to you, emotionally the business is not a separate entity. The care and feeding of becoming an expert in something.

Software Review 295

Software Review Startup Cofounder Search 295

Steve Blank

OCTOBER 24, 2017

Replacing the founder when the company needed to scale was almost standard operating procedure. To continually innovate, companies need to operate at startup speed and cycle time much longer their 20th century counterparts did. The founders along with all the other employees would vest their stock over 4 years (earning 1/48 a month).

Founder 281

Founder Technical Review CTO Hire IPO 281

Steve Blank

OCTOBER 10, 2023

Laura Thomas is a former CIA operations officer. Most of her lessons were applicable to any government employee venturing out to the private sector. Only 15% of my time was doing the more exciting operations. Below is the first of her three-part series. The difference is my decisions now aren’t life or death.

Government 196

Government CTO Hire Technical Review Advisory Board 196

YoungUpstarts

DECEMBER 7, 2020

Timesheets app will enable businesses to know how and where the employees are spending their time. Choosing an employee time tracking software can be a daunting task. First, you need to perform a thorough assessment of your business operation to determine the exact needs. It makes things simple for employees.

Employee 147

Employee Salary Security Software 147

Startup Professionals Musings

JULY 3, 2011

Personal loans from individuals, employees and board members. As in any company, they can lead to employee problems, or messy legal issues. This could work to get you legal or accounting services, but won’t get you cash to pay employee salaries. Personal loans are certainly an option, but should be avoided if possible.

Angel Investor 238

Angel Investor Technical Review Exit Strategy Equity 238

Startup Professionals Musings

SEPTEMBER 8, 2019

Personal loans from individuals, employees and board members. As in any company, they can lead to employee problems, or messy legal issues. This could work to get you legal or accounting services, but won’t get you cash to pay employee salaries. Personal loans are certainly an option, but should be avoided if possible.

Equity 235

Equity Angel Investor Technical Review Exit Strategy 235

The Startup Magazine

JUNE 20, 2024

link] Now, according to Forbes , a startup has to spend around 15 to 50 percent of its budget on paying its employees. You need not worry about the financial burden of a full-time salary. Early-stage startups often operate with tight budgets, making it impractical to hire a full-time CMO. Why are CMOs paid so much salary?

B2B 148

B2B Hiring Salary Early Stage 148

YoungUpstarts

AUGUST 31, 2020

According to a survey conducted by DELL Technologies, 82% of surveyed managers expect integrated teams to consist of employees, machines, and systems in the next few years. There are countless VA services out there that offer outsourcing opportunities for almost any type of work and sometimes at a fraction of the cost of an employee.

Artificial Inteligence 214

Artificial Inteligence Mali Management Technical Review 214

Up and Running

JULY 28, 2022

Not only do these requirements ensure that businesses operate within the law but it also protects small business owners and their consumers. . A small business is an independently owned and operated entity that engages in commercial activity and fulfills the set industry-specific size standards. Decide on the proper business structure.

Small Business 167

Small Business Intellectual Property Cofounder Software Review 167

Startup Professionals Musings

SEPTEMBER 15, 2012

Personal loans from individuals, employees and board members. As in any company, they can lead to employee problems, or messy legal issues. This could work to get you legal or accounting services, but won’t get you cash to pay employee salaries. Personal loans are certainly an option, but should be avoided if possible.

Angel Investor 218

Angel Investor Technical Review Exit Strategy Equity 218

Steve Blank

NOVEMBER 1, 2017

So is John Rice, the head of Global Operations along with CFO Jeffrey Bornstein. Increase operating margins to 18% (by cutting expenses). Often the short-term cuts directly affect employee salaries, jobs, and long-term investment in R&D. Since then Flannery has replaced Immelt’s vice chairs responsible for innovation.

Institutional Investors 271

Institutional Investors Dividend Stock Technical Review 271

YoungUpstarts

JUNE 10, 2013

There would be numerous taxes and document-related expenditures that will have to be dealt with for the business to start operating legally. Cell phones, laptops for traveling employees and website development will have to be included among the technological costs, as well. Start with a small number of employees.

Cost 183

Cost Startup Web Development Finance 183

YoungUpstarts

AUGUST 18, 2020

This is a very introductory place to start, but if your company owns the building, machinery, inventory, and/or technology in which it uses to operate, there is often significant value in this in and of itself. Once you have tallied all existing assets, subtract liabilities to come to a determination of the company’s net assets.

Balance Sheet 195

Balance Sheet Valuation Software Review .Net 195

Duct Tape Marketing

JUNE 7, 2023

How Employee Experience Shapes Brand Perception written by John Jantsch read more at Duct Tape Marketing Marketing Podcast with Tiffani Bova In this episode of the Duct Tape Marketing Podcast , I interview Tiffani Bova. Key Takeaway: Prioritizing the employee experience alongside customer experience drives business success.

Employee 90

Employee Technical Review Advisory Board Sales 90

Startup Professionals Musings

OCTOBER 13, 2013

Personal loans from individuals, employees and board members. As in any company, they can lead to employee problems, or messy legal issues. This could work to get you legal or accounting services, but won’t get you cash to pay employee salaries. Personal loans are certainly an option, but should be avoided if possible.

Equity 207

Equity Angel Investor Technical Review Exit Strategy 207

Steve Blank

APRIL 14, 2013

And some of their best and brightest have ended up in the organizations like the 2nd Bureau, Unit 61398 tasked euphemistically for “Computer Network Operations.”. Because salaries are cheap, startups seem to try to solve every problem by throwing bodies at it. Turnover of employees in capital in Beijing is very high.

China 328

China Silicon Valley Non-Compete Intellectual Property 328

The Startup Magazine

OCTOBER 18, 2021

Kip Lewis on Operating a Business during a Worldwide Crisis. Some of the most important lessons he took from the early chaotic days of the pandemic were to remain flexible and trust his employees. Kip Lewis realized early on that he could not operate his Round Rock real estate investment firm the same way he did before the pandemic.

Texas 174

Texas Austin Technical Support Employee 174

A Smart Bear: Startups and Marketing for Geeks

OCTOBER 4, 2017

By which they mean: Without stupid rules that assume employees are dumb or evil, without everything taking ten times longer than it should, without wall-to-wall meetings, without resorting to hiring anything less than the top 1% of the talent pool, and so on. Why is this impossible when you have 500 employees? From Brittle to Robust.

Government 223

Government Startup Cofounder Technical Support 223

Version One Ventures

MAY 23, 2019

Over the past few months, we have been running a series of posts where we profile one of the many incredible operators in our network. These operators are generous enough to share their expertise and wisdom, and we are lucky to do deep dives into unique topics. Planned 2020 future salaries projections.

Part-Time VPE 135

Part-Time VPE Software Review Salary Non-Compete 135

ReadWriteStart

JUNE 26, 2020

Announcement: Square lets employees work from home permanently. The Coronavirus pandemic is undoubtedly a catalyst for this sudden movement, but the underlying factors that are powering this change include: Employee preference to work from home (plus higher productivity in many cases). Managing to Win. Recruiters and Resumes.

Silicon Valley 198

Silicon Valley Distribution Engineer Technical Review 198

The Next Web

DECEMBER 2, 2013

But it’s a very challenging question to answer because what it would cost to build is a small number while operational costs are enormous.”. Saul estimates that he’d want a 20-person team working more than one year to deploy Angry Birds and at an average salary of $110,000 for a total budget of $2.2 7) Shopify. million plus overhead.

Cost 168

Cost San Francisco New York City Ruby 168

Startup Professionals Musings

SEPTEMBER 14, 2016

Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. Waiting until you have something to sell before bringing on a sales and operations staff.

Burn Rate 120

Burn Rate Hockey Stick Startup Salary 120

Up and Running

JULY 22, 2014

You’ll also list your operating expenses, which are the expenses associated with running your business that aren’t incurred directly by making a sale. Your gross margin less your operating expenses will give you your operating income: Gross Margin – Operating Expenses = Operating Income. Balance sheet .

Balance Sheet 148

Balance Sheet Forecast Equity .Net 148

Up and Running

MARCH 7, 2018

In my time, I learned a thing or two about the importance of preventing employee turnover. Aside from the time-consuming tasks of screening potential employees, interviewing, and re-hiring , losing and replacing employees is expensive. On average, it costs nearly three times an employee’s salary to replace them.

Employee 91

Employee Startup Salary Hiring 91

YoungUpstarts

APRIL 16, 2020

Focus on operating efficiencies. Stop founder salaries. Furlough non-essential employees. Underutilized equipment, real estate, vehicles, etc. Cut slim-margin or low volume products and services. This is done to eliminate administrative complexity, focus sales strategy, and reduce inventory. Delay vendor payments.

Recapitalization 200

Recapitalization Forecast Software Review Finance 200

The Startup Magazine

NOVEMBER 13, 2020

Employee Benefits. It’s not enough to base your estimates on salaries alone. You also need to consider taxes, perks and other employee benefits including healthcare, holidays, retirement and so forth. Paying more can make it difficult to keep up, and missed payments lead to an even lower score. Overall cost is typically 1.25

Cost 151

Cost Entrepreneur Software Review Salary 151

YoungUpstarts

JULY 16, 2019

Information systems analyst and consultants start at a median salary of $74,048. Information and communications technology include 4,600 companies and 45,000 employees. Tech sector employees earned on average approximately $67,000 per the Brookfield Institute report. of Canada’s economic output. Inno Tech Alberta Inc.

Canada 167

Canada Hiring Artificial Inteligence Software Developers 167