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What Happens When Startups Turn from Their Innovation Stage to Operational Excellence?

Both Sides of the Table

Nearly every successful tech startup I’ve observed over the past 20 years has gone through a similar growth pattern: Innovate, systematize then scale operations. Sam & Rahul have worked closely together on “innovate & operate” since the earliest days of MakeSpace. and we were met with weak demand, slow growth and high costs.

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5 Keys To Negotiating Your Fair Share Of Any Startup

Startup Professionals Musings

Giving a co-founder a salary won’t get you the “fire in the belly” you want. Co-founders only able to work part-time, with responsibility and major income sources elsewhere, don’t carry the same risk as others with more operational responsibility. Level of responsibility and time allocated. Amount of venture funding provided.

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A Guide To Outsourcing Services For Startups

YoungUpstarts

This means that companies do not have to keep an expensive in-house team idle and still pay them big salaries. For example, cloud services allow small companies to operate from multiple locations while making little investment in their infrastructure, such as furnishing new offices. Moreover, their operations are not large scale.

Startup 238
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Should Startups Focus on Profitability or Not?

Both Sides of the Table

If you hire 6 sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business for 4-6 months. Operating Costs. million to fund operations in their first year of operations. Simplifying: Revenue -. ” Again, it depends.

Startup 418
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Rustam Gilfanov: “The Business Plan Of A Startup Is A Test Of The Idea’s Survival Potential”

YoungUpstarts

Remember that investors will not appreciate a business plan that features exorbitant salaries of the founders. A few years ago, Mr. Gilfanov moved away from operational duties in an IT company to focus on international investment in the field of financial technology, gaming and video streaming.

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How Great, Operationally-Focused CFO’s Can Transform Your Business

Both Sides of the Table

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. We hired Steve Pease to run finance and then eventually all operations and it has transformed how we operate. Yet being a buttoned up company requires all this.

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How Much Founder Stock Should You Offer Co-Founders?

Startup Professionals Musings

Giving a co-founder a salary won’t get you the “fire in the belly” you want. Co-founders only able to work part-time, with responsibility and major income sources elsewhere, don’t carry the same risk as others with more operational responsibility. Level of responsibility and time allocated. Amount of venture funding provided.

Cofounder 261