SoCal CTO

SEPTEMBER 27, 2011

For your first key hires, three, five, maybe as much as ten, you will probably not be able to use any kind of formula. For example, suppose you're just two founders and you want to hire an additional hacker who's so good you feel he'll increase the average outcome of the whole company by 20%. Manager or Junior Engineer 0.2 – 0.33

Early Stage 391

Early Stage Equity CTO Hire Sweat Equity 391

Startup Professionals Musings

FEBRUARY 20, 2023

This is a positive in uncoupling them from a dependency on a single company or boss, but the downside is that they have to suddenly manage all facets of a business, including finances, strategy, and savings for the future. Staffing Professional. Staffing requirements come and go in every company, big or small. Sales Professional.

Angel Investor 267

Angel Investor Social Media LLC Viral 267

Both Sides of the Table

NOVEMBER 14, 2017

As a startup in this phase you often raise capital, get press, hire staff and everything feels possible. I always push companies to hire “an operationally focused CFO” during this phase because in order to systematize you need somebody who brings economic rigor to decision making. As an early-stage VC I love this phase.

Operations 286

Operations New York City Technical Review Startup 286

Startup Professionals Musings

APRIL 22, 2014

If you find it hard to trust others, love to work alone, always have to be in control, or insist on micro-managing, you probably won’t find a partner who will satisfy you. Does not need to be managed. Look at the big picture first of development, finance, and marketing/sales. You may be too independent to be partner material.

Partner 269

Partner Software Review CTO Hire Fractional CTO 269

The Startup Magazine

APRIL 25, 2023

One key area where collaboration can make a big difference is between HR and Finance. Image source In this blog, we will explore how an HR-Finance collaboration can drive success for your organization and discuss some practical strategies for building effective partnerships between these critical departments.

Finance 133

Finance Retention Forecast Employee 133

YoungUpstarts

NOVEMBER 23, 2020

Experienced financial experts are expensive to hire in-house. Small businesses can hire such firms and get quality services on a pay as you go basis. Customer service is another important function that helps firms to manage their customers. This is because such experts may be underutilized. Customer service. Final thoughts.

Startup 238

Startup Technical Review Salary Hiring 238

Steve Blank

JULY 11, 2017

Before the rapid rise of Unicorns, (startups with a valuation over a billion dollars), when boards were still in control, they “encouraged” the hiring of “adult supervision” of the founders after they found product/market fit. In contrast, professional managers attempt to bring order to chaos and often kill the startup culture in the process.

Part-Time VPE 329

Part-Time VPE Liquidity Event Stock Engineer 329

YoungUpstarts

OCTOBER 6, 2019

Spending limited finances on hiring the testers may not seem like a good move at first. As it is a minimum viable product, product managers of startups think the release date is more important than quality. It can be made in a simple excel sheet by any tester or project manager. Well, Not really. Testing is important.

Software 222

Software Startup Software Development Software Developers 222

Steve Blank

OCTOBER 24, 2017

Hire a CEO to Go Public. A founder’s lack of credibility/experience in growing and managing a large company hindered a company that wanted to go public. The VCs would hire a CEO with a track record who looked and acted like the type of CEO Wall Street bankers expected to see in large companies. 4. Founder-friendly VCs.

Founder 281

Founder Technical Review CTO Hire IPO 281

Both Sides of the Table

SEPTEMBER 22, 2012

It encourages a bit too much FOMO (fear of missing out) and over-valuation in companies and a desire to do huge financing rounds to be perceived as the “knock-out winner.” My first company was used to manage workflow & share CAD drawings and plans on the $16 billion refurbishment of the London Underground.

Silicon Valley 390

Silicon Valley Venture Capital Startup Technical Review 390

YoungUpstarts

NOVEMBER 9, 2018

by Arsalan Sajid, startup community manager at Cloudways. According to a research study, published on CB Insights blog, 23% of startups failed because they did not hire the right individuals for their teams. I want to share with you a famous quote: “You don’t hire for skills, you hire for attitude. Summing Up.

Startup 180

Startup Technical Review Finance Hiring 180

YoungUpstarts

APRIL 17, 2018

by Felix Winstone, Co-Founder and Managing Director at Talkative. As a new entrepreneur or business owner, the most important thing you will do is hire talent. Hiring = Sales. Robert Metcalfe, co-founder and CEO of 3Com, says you need to think about it as “recruiting, not hiring”. What does the right hire look like?

Cofounder 164

Cofounder Elevator Pitch Hiring Dividend 164

Startup Professionals Musings

JULY 15, 2019

If they or you find it hard to trust others, love to work alone, always have to be in control, or insist on micro-managing, it may be time for change or looking elsewhere. Neither partner needs to be managed. Look at the big picture first of development, finance, and marketing/sales. Feels a real passion and love for their role.

Cofounder 221

Cofounder Software Review CTO Hire Founder 221

ReadWriteStart

NOVEMBER 17, 2020

That means hiring a lot of people, taking on a lot of new work, and aggressively scaling. One of the most important elements of your business’s growth period is your approach to hiring. How, when, and who you hire can have a massive impact on your startup’s eventual success. Why Hiring Is So Important to Get Right.

Hiring 126

Hiring Startup Salary Employee 126

Startup Professionals Musings

JANUARY 2, 2019

Most of you aspiring entrepreneurs have no idea how dramatically your own role has to evolve as you develop a solution, start a business, and expect it to scale into a successful self-managed company. Here is an outline of the stages that we both see: Envision, implement, sell, and manage every step.

Leadership 248

Leadership Technical Review Cofounder Social Media 248

The Startup Magazine

JUNE 2, 2021

When it comes to an industry like finance, artificial intelligence encompasses almost everything. AI is giving the world of finance and banking an efficient way of meeting the needs of their clients and customers. Let us now discuss some ways that AI has changed the finance industry. AI for managing risks . Conclusion.

Artificial Inteligence 105

Artificial Inteligence Finance Technical Review Algorithm 105

YoungUpstarts

FEBRUARY 10, 2020

According to The International Association of Contracts and Commercial Management (IACCM), companies that work to improve controls over invoice payment will see a return of more than 4 percent of invoice value. Once upon a time, it would have been necessary to hire more people to check every transaction. Unsatisfactory work activity.

Artificial Inteligence 162

Artificial Inteligence Software Review Technical Review Software 162

Both Sides of the Table

JULY 9, 2013

If you’re at a startup and new to sales & sales people you might want to read my basic primers: Why hiring seasoned reps at a startup might not work. Or thinking about how much capital you have and therefore how many people you can hire – you rigorously prioritize. Managing C deals is called “nurturing.”

Customer 324

Customer PR Marketing Technical Review 324

Both Sides of the Table

MAY 19, 2013

My internal compass has always steered me strongly toward the belief that founders who can scale with their startup companies are better to back that founders who eventually need to hire a CEO. The truth is I have never enjoyed running team meetings, managing processes & procedures and deciding HR policies, promotions and org structures.

Technical Review 303

Technical Review Cofounder Analytics Founder 303

YoungUpstarts

NOVEMBER 27, 2019

Yes, it can be a lot of work to have a 9 to 5 and business on the side, but leaving the stability your job provides (finances, health insurance, etc) before you’ve provided a sense of security for yourself with your business could prove disastrous. It takes a lot of organization to manage a full-time job and a side business.

Management 147

Management Software Review Finance Security 147

Both Sides of the Table

JUNE 30, 2016

It is a truism that with more capital you will hire people more quickly and spend more liberally whether it’s on external contractors, PR firms, attending events, doing legal work (trademarks, patents) or whatever. It forces harder decisions about whom you’ll hire and whom you’ll delay. million or $4 million.

Pre-Money Valuation 292

Pre-Money Valuation Valuation Early Stage Startup 292

YoungUpstarts

JUNE 18, 2019

When opening a new business, time and cost management are extremely important, in order to get you that jumpstart you need as a new entrepreneur. One of the best ways to save both money and time is to outsource part of your work to professionals who can help you deliver without having to go through the process of hiring someone full time.

Software Developers 185

Software Developers Software Development Startup Affiliate 185

The Startup Magazine

JANUARY 24, 2020

Hiring too much or not enough. Hiring is one of the most challenging parts of running a business, no matter how large or small your operation is. From finding a qualified pool of applicants to interviewing, verifying references, and filing the hiring paperwork, just managing and recruiting employees is a full time job.

Software Review 145

Software Review Startup Technical Review Hiring 145

The Startup Magazine

AUGUST 26, 2024

Additionally, some clients may require these credentials before hiring your company for roofing projects. Managing Finances Effectively Creating a detailed business plan is essential for the success of your roofing company. Proper accounting and bookkeeping practices are vital for managing your roofing business finances.

Limited Liability Company 131

Limited Liability Company Technical Review Software Review Angel Investor 131

The Startup Magazine

MAY 3, 2024

For startups eager to establish an efficient operational framework from the start, the decision to hire Microsoft Dynamics experts becomes instrumental. As a versatile ERP system, Microsoft Dynamics caters to a variety of business needs, supporting everything from sales management to customer interactions.

Early Stage 149

Early Stage Technical Review Software Review Operations 149

Steve Blank

MARCH 31, 2014

But the world you lead will be much different from the one your professors knew or your predecessors managed. Yet in the face of all this change, traditional firms continue to embrace a management ethos that values efficiency over innovation. To manage these employees companies create metrics to control, measure and reward execution.

Private Equity 330

Private Equity Metrics China Intellectual Property 330

The Startup Magazine

MARCH 8, 2024

Poorly managed debt can lead to financial strain, decreased creditworthiness, and even bankruptcy. You may need funding for new equipment, hiring additional staff, expanding facilities, or investing in marketing and advertising campaigns. While debt can provide necessary funds for expansion, it also comes with risks.

Finance 127

Finance Technical Review Metrics .Net 127

Steve Blank

APRIL 1, 2020

B2B – cloud services, online meetings, virtual workforce management, collaboration tools. What are your “lifeboat choices” – what layoffs to make, renegotiate payables, rents, leases, how to trade off cash management versus revenue growth? Your CFO now becomes the head of cash management. Lessons Learned.

South Korea 334

South Korea Salary Business Model China 334

Both Sides of the Table

JANUARY 22, 2014

It felt like there was a wavelength with management and somebody wasn’t on it. And let’s be clear – in almost every company there is executive management fighting. Make sure to call 3-4 members of the management team to avoid one person’s bias. FourSquare. Everywhere. Ask about the criteria above.

Portfolio 364

Portfolio Chicago Sales Incubator 364

A Smart Bear: Startups and Marketing for Geeks

JANUARY 4, 2018

This week we closed $250M in financing from Silver Lake , the premier technology private equity firm. We just announced a few more things. Late last year we passed $100M in annual recurring revenue. That revenue is in on 75,000 customers, earned through the hard work of 500 employees across six offices on three continents.

Engineer 152

Engineer Revenue San Francisco Security 152

Steve Blank

SEPTEMBER 14, 2017

— I just watched a very smart company try to manage innovation by hiring a global consulting firm to offload engineering from “distractions.” So, in response the company had hired a global consulting firm to help solve the problem. A shorter version of this post first appeared on the HBR blog. There’s a much better way.

Incubator 319

Incubator Curation Engineer Government 319

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. It’s a big reason why they move quickly. Recruiting.

Government 223

Government Startup Cofounder Technical Support 223

Up and Running

JULY 28, 2022

Partnership – Formed by two or more owners in agreement on how to start, manage and operate a business. You’ll need the EIN to pay taxes for your business, apply for licenses and permits, open a bank account, and hire and pay employees. Obtain the right business permits and licenses. Get business insurance.

Small Business 167

Small Business Intellectual Property Cofounder Software Review 167

YoungUpstarts

JUNE 10, 2019

by Nik Williams, Managing Director of Shredall SDS Group. Malicious third parties can gain access to these files and use the information stored in them to commit fraud, endangering the finances of both the business and its clients. Stress management starts with organisation,” Chris Robertson, Creditsafe’s UK CEO explains.

Software Review 212

Software Review Security Social Media Cost 212

YoungUpstarts

JANUARY 7, 2018

Owners no longer have to buy management software meant for big business. SMBs no longer have to choose between hiring an in-house data science team or off the shelf enterprise analytics software. apps to manage their operations, up from 3.8 Solutions aimed at SMBs are more widely available. In 2016, SMBs used an average of 4.8

Artificial Inteligence 164

Artificial Inteligence Analytics SCRUM Cofounder 164

The Startup Magazine

AUGUST 7, 2024

Hire Skilled and Experienced Staff Your team is the backbone of your business. Hire skilled and experienced roofers and siding installers who can deliver high-quality work. Manage Your Finances Wisely Effective financial management is crucial for the sustainability of your business.

Software Review 136

Software Review United States Social Media Advertising 136

Both Sides of the Table

JULY 13, 2013

I got a job at a bank, and I worked in their corporate finance group. We had a finance group for all of the bank branches based in San Diego, and I wrote programs to download stuff from the mainframe so we could do analysis three days faster than they could send us the data. Should I hire or not hire this person?

Cofounder 337

Cofounder Technical Cofounder Startup San Diego 337