Archive for the ‘Technology & Operations’ Category

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Employee Salary at Start-up phase

August 12, 2007

by Tetsutaro Mameda

During the start-up phase, many entrepreneurs need to deal with tasks by themselves. It is hard that one person possesses all kinds of business skills. Therefore, entrepreneurs hire whoever they support the business. However, start-up companies do not have enough finance to hire enough talented employees. “Cash is King!” If cash is running out, a business ends as Eastwind Trading Co. case. An entrepreneur wants to keep money but he/she wants to hire employees who have business skill for help out. One of the option to generate salary is that using equity and stock options. The option does not need to cash. It also tends to motivate employees. However, the business owner may lose control the business if someone owns share even though it is 1% even though the owner have control it theoretically. It is because the business owner needs to start dealing with the shareholder.

How should we deal with that situation? Hiring one by cash and generating revenue then hiring more employees?

I think that a business grow faster if hiring enough employees at first, but other thought is that do not lose control for the business and profit when the business is successful.

Which ways are better for you?

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The Proper Categories for this Blog – Simple vs. Complete

July 11, 2007

If you had to boil every entrepreneurial topic and every entrepreneurial issue down to ten categories, what would they be? Could you reduce the list to five instead of ten? At what point does simplifying categories have a noticeably negative effect on clarity?

I would like to keep the comments on this blog focused on all topic entrepreneurial but I would also like to keep things simple and organized. I am going to begin by posting roughly 15 categories that should be broad enough to cover most things entrepreneurial. Over the next few months I will monitor the various postings on this site and use your feedback to shift and consolidate where appropriate. I would like to eventually narrow down the topic list to roughly ten and then find one contributing blogger that will be responsible for each specific category (although I would still like to see five or more contributing bloggers working in each category).

Take a minute to review the categories currently in place on this site and please send me your thoughts and suggestions on what should be added / removed / changed etc. Also, when you are posting your blogs, please try to limit the number of categories you choose for your postings to one or two.

Now…let’s get to work!