Remove can-llc-member-be-employee
article thumbnail

10 Startup Shortcuts That Will Be Back To Haunt You

Gust

Some entrepreneurs can’t decide if they want to be a Limited Liability Corporation (LLC) or a C-corporation, or they don’t have the money, so they put off doing anything until the first venture capital round, or until the first lawsuit occurs. The simple answer is to do something, and start simple. Rely on informal agreements with partners.

startup 183
article thumbnail

What I’ve Learned From 20 Years as an EO Member

Entrepreneurs' Organization

In 1988, Randy Nelson was one of the founding members of the Raleigh-Durham chapter of EO. He remained a member for nearly 20 years and recently transitioned to an EO Strategic Partner (SAP) in 2018. Randy has helped many EO members with his transformational and thought-provoking ideas. Improve thyself. Complement thyself.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Startups Fail: A Harvard Business School Professor’s Letter to a First-Time Founder

StartupNation

Used by permission of Currency, an imprint of Random House, a division of Penguin Random House LLC. But before you can tackle them, you’ve got to run the early-stage gauntlet. Prospective customers, investors, and employees repeatedly say “No, thanks!” Copyright © 2021 by Tom Eisenmann. All rights reserved. Power through it!

founder 144
article thumbnail

How Mentorship Gives Entrepreneurs a Competitive Edge

Smart Hustle Magazine

Even before The Great Resignation, an estimated 33 percent of new hires quit within the first three months, costing businesses one-half to two times each employee’s annual salary to replace them. The message is clear: a revolving door of employees adds up to big losses in time, money and talent. Why is it so effective?

article thumbnail

How to Strengthen Your Team by Getting Out of the Office

Entrepreneurs' Organization

We asked members of the Entrepreneurs’ Organization’s (EO) Boston and Nashville chapters to share what methods they’ve used to strengthen their teams outside of the office. . Daily, you can find members of our warehouse/field staff working out alongside our sales staff and accountants. Invest in Employees.

culture 130
article thumbnail

How to Strengthen Your Team by Getting Out of the Office

Entrepreneurs' Organization

We asked members of the Entrepreneurs’ Organization’s (EO) Boston and Nashville chapters to share what methods they’ve used to strengthen their teams outside of the office. . Daily, you can find members of our warehouse/field staff working out alongside our sales staff and accountants. Invest in Employees.

culture 130
article thumbnail

Deep tech startups in need of funding should consider federal grants

TechCrunch

Xipeng Shen is a professor at North Carolina State University and ACM Distinguished Member, focusing on system software and machine learning research. He is a co-founder and CTO of CoCoPIE LLC. For deep tech startups, the capital game can be a tricky one to play. Xipeng Shen. Contributor. Share on Twitter. We’re a group of Ph.D.s

startup 87