Equity and Shares

We use the terms, equity and shares without a second thought.  Their meanings are understood.  There’s no need to reach for a dictionary.  Or is there?  If you are a founder of a startup, one with multiple employees, I suggest you give these two words a closer look....

Working for Equity And Losing

Sweat equity, the non-monetary contribution that team members make starting a new business, is often presumed but seldom well calculated.  Founders with substantial shareholdings need not concern themselves, but other team members would be well served to break out...

Founder or Co-Founder

Founder or Co-Founder.  These are coveted titles, ones that call to mind famous names like Gates and Allen, or Jobs and Wozniak.  I’ve seen many an entrepreneur obsess over this designation, whether on a website, business card or closing document.   It’s a...

Non Entrepreneurial Hires

Non entrepreneurial hires are a bad bet.  Before making such a wager, entrepreneurs should consider a proven, horse racing aphorism:  Horses for courses.  This saying describes how horses run best at a certain track or on a particular racing surface. Translated for...

Raising Money? Do This First

Raising money, it’s what entrepreneurs do.  How they go about it, that’s often a don’t. Take the oft-repeated example of Entrepreneur, “Ed.”  Ed has a great idea and is convinced it will make him rich.  When asked about his long-term goals, Ed outlines a...

Startup Wisdom – Perhaps Not

The following article by Erin Griffith on Fortune.com is refreshingly candid.  It cautions readers not to believe all that they might read online about startups.  The available startup wisdom is larded with bad advice, incorrect statistics and wishful thinking....
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