You could: 1. make a connection between per project and equity allocation - so each time they complete a project, they get a small % of equity. Research has shown that people prefer small payouts than one big payout at the end (ppl can't postpone their desires...). 2. Keep them involved in the d...
In my experience there are a few things that you want to focus on with KPIs, prior to technology - if you have not already. 1. Validate that the calculations are consistent throughout the organization, regions etc. 2. Validate that the selected KPIs are truly indicators that will help drive succe...
One of the most toxic ways early stage companies fail is picking bad co-founders. Building a business is hard, and if you expect to ever make it anywhere worth mentioning, you're going to need help. Anything past a cute business that makes you a couple hundred bucks a month is going to have mor...
I would directly contact a list of companies and try to get a direct answer. Of course, you can try googling since you can find just about anything on the web. Give me a call for more advice.
I think that it would be important to answer the following questions. * Who comes up with the "thoughtful questions"? And are they new every week? * Who is responsible for the answering of these questions? * What is the pace of the start-up? * Will every team's concerns / progress / roadblocks...
My family is in the hotel business. I can tell that we would have absolutely no interest in doing this. We make sure out employees look after our property and provide great customer service. We do not have down time for them. We run a tight ship. The liability and other headaches that come with...
There are good approaches for Elance/Upwork/oDesk if you approach the job req. correctly. There are also private agencies. I've hired account reps more often via virtual assistant agencies directly than from Elance and it's ilk, but many times I'll use that platform to isolate good candidates and...
Ideally these days you want to manufacturer and sell your own products. While I don't want to say the drop-ship model is dead yet, it is definitely dying. Selling someone else's products has become much more difficult and risky for a number of reasons: 1. Amazon - they can decide to sell the p...
It's tough working with freelancers, but as you mentioned, it's sometimes necessary at early stages due to a lack of funds. You can either 1) Learn to code yourself 2) Find a software engineer co-founder 3) Learn a better system for working with freelancers So I'd recommend the 3rd option, and...