QUESTION:
I’m debating between going back to school for an MBA or diving in and launching a startup. How important is getting an MBA for running a startup?
ANSWER:
Category: Team Building & HR (Page 6 of 7)
QUESTION:
I am about to ask a few advisors to join my startup and wanted to know how much equity to give. I believe that the typical range is between 0.01% to 3%, depending on experience and other assets the advisor brings; however, I’d love to get more specificity within that range. For example, below are a couple scenarios I’m considering, and I would like to get advice on reasonable equity grants:
Scenario A: EVP at a high-tech firm, and previously a CEO at a start-up. Meet monthly as an active advisor. Will agree to 2 introductions a month with C-level executives and accredited angel investors.
QUESTION:
One of our founders asked the question, “How many days off should I give my employees each year? We’re a startup, and every day counts! What do other startups do in this regard?
ANSWER:
QUESTION:
I have a startup, and my business partner is driving me nuts. What are the options I have for getting rid of him or separating the company into two? I’d like to know what other people do in this type of situation, so I can approach it in the right way. Thanks for saving my life!
ANSWER:
QUESTION:
I have an employee who isn’t working out. What’s the best way to go about firing this person? I don’t want to get sued for discrimination or unfairly treating someone. What should I do in advance to protect myself?
ANSWER:
Raj Gavurla
by Raj Gavurla, Entrepreneurial Speaker, Author, Coach
In the forefront of our mindset and mood is the desire to raise the standard of work and living. As humans it is ingrained in us to strive.
QUESTION:
In a start up company, how do you incentivize/compensate the sales force (e.g. inside sales)? What are some of the ranges for equity, deferred compensation, and present compensation? What are the norms in this type of industry? The company is only a few months old but is already selling nationwide.
ANSWER:
QUESTION:
My startup is considering setting up a stock option plan for our employees. What are some of the things I should consider when setting up a stock option plan?
ANSWER:
QUESTION:
One of our founders asked the question, “Are interns really that helpful? Every startup I know seems to have interns. I’m in San Francisco, and I could really use some help, but I’m not sure interns are the right solution for me.”
ANSWER:
QUESTION:
Does anyone have any experiences, good or bad, with the use of PEOs as a replacement for human resources? We are currently evaluating both SharedHR and Trinet to see if something in that vein would be a good move for the company.
ANSWER:
- Claire Zhang, Head of International Relationships for Founders Space China
- Candice Wang, Head of Middle East, Founders Space
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