21–30 of 58 posts
So embrace that constraint.
I'm kind of surprised that you're looking for a UX guy full time, Is that really necessary in your estimation? Don't you think you'd do better with a freelancer billing out hourly?
OP: You're one of the good ones, as far as I can tell. Please stay in the game. The real issue, I think, is that your job forces you to motivate people to take risks on your behalf and it feels like you're over-promising. A lot of success in business relies on motivating people (employees, clients, users) to help you succeed by promising what you'll be able to deliver if everything goes right... selling a vision, in…
Well, it's completely possible to setup a company where the real investors of the company - the shareholders - actually are the founders and early employees. Simply have them work for equity. There are companies setup like this. It's fairly common for companies founded by people who have already made their money (as finance people, executives, previous entrepreneurs or early startup employees) to be self-funded. The…
I have met a lot of talents in this situation. That is why I wish I could retain them better. It is important to give the team member a peace of mind, right? Otherwise, they need to worry about money all the time, and it probably is not good for the productivity.
OP: You're one of the good ones, as far as I can tell. Please stay in the game. The real issue, I think, is that your job forces you to motivate people to take risks on your behalf and it feels like you're over-promising. A lot of success in business relies on motivating people (employees, clients, users) to help you succeed by promising what you'll be able to deliver if everything goes right... selling a vision, in…
I'm sure that raises a host of complications vis-a-vis the cap table etc., but it nonetheless seems an intriguing possibility.
It's the nature of the beast, you're a startup ... you can't pay people what they would make on the open market ... People who wind up working for you, either believe in you and/or your idea. So embrace that constraint. I'm kind of surprised that you're looking for a UX guy full time, Is that really necessary in your estimation? Don't you think you'd do better with a freelancer billing out hourly?
It's the nature of the beast, you're a startup ... you can't pay people what they would make on the open market ... People who wind up working for you, either believe in you and/or your idea. So embrace that constraint. I'm kind of surprised that you're looking for a UX guy full time, Is that really necessary in your estimation? Don't you think you'd do better with a freelancer billing out hourly?
I'm conflicted about this post. I think your expressions are heartfelt, but it sounds like you've been window shopping when you don't have the funds to buy. If you knew you didn't have the money to fairly pay for this designer's services, why ask? To the more cynical among us, this post may seem like a manipulative way to indirectly guilt-trip this guy into working for you far below his asking rate. Look, you know ho…
Promises are meaningless in business. This great UX guy shouldn't take your low pay for a second. He's probably a great UX guy because he's focused on UX and not investing. He needs to be paid well or he won't be able to focus on UX 110% Remember, not being an investor if your business doesn't pan out it's much harder on him than a guy who has a portfolio to fall back on. He'll also likely resent you. This resentment…
When I talk about shares/options, I am serious. I am not trying to con you to be a low-paid slave. I want to share our prosperity and success with you when the time comes. I never take the offer of equity as a con. I see it for what it is: a high-risk investment because the founder does not have enough capital to pay. The main point here is that when the time comes should really be if the time comes . If you are a fo…
It would not be fair to ask a late thirty person to take the same risk as a early twenty person. People have different financial concerns in different stage of lives.
I think a good founder need to consider that. It is just not right to ask everyone takes the same risk as the founders do.
When I talk about shares/options, I am serious. I am not trying to con you to be a low-paid slave. I want to share our prosperity and success with you when the time comes. I never take the offer of equity as a con. I see it for what it is: a high-risk investment because the founder does not have enough capital to pay. The main point here is that when the time comes should really be if the time comes . If you are a fo…