Hosted by Jay Adelson.
Entrepreneur, CEO, and business owner Jay Adelson (Equinix, Digg, Revision3, SimpleGeo) demystifies the start-up process by providing advice, tips, and answering questions. Ask Jay how to turn any business idea into reality: askjay@revision3.com, @jayadelson, or http://youtube.com/askjayadelson Read More
Successful entrepreneur and CEO, Jay Adelson, demystifies the startup process by providing advice, tips, and answering questions. Today Jay tackles 3 questions: what's a good size for a startup, who should comprise the core team, and what's an appropriate burn rate, pre-funding?
Successful entrepreneur and CEO, Jay Adelson, demystifies the startup process by providing advice, tips, and answering questions. Today Jay tackles 3 questions: what's a good size for a startup, who should comprise the core team, and what's an appropriate burn rate, pre-funding?
Jay's Chalkboard Notes: Startup Size
- It's great to be one of the first 10 people
- It allows you to wear multiple hats
- Beyond 20, the need for things like HR start to develop
Jay's Chalkboard Notes: Who Your Core Team Should Be
- Finance person
- Public facing person
- Technology leader
- Wait for specific need or success before hires beyond that
Jay's Chalkboard Notes: Cash Flow and Burn Rate
- Gross burn = total cost
- Net burn = gross burn minus revenue
Have questions about launching a business that you want answered? Submit them to askjay@revision3.com, or upload a video question on our YouTube page. And make sure and follow Jay via Twitter.
About Ask Jay
Entrepreneur, CEO, and business owner Jay Adelson (Equinix, Digg, Revision3, SimpleGeo) demystifies the start-up process by providing advice, tips and answering questions. Submit questions to learn how to turn any business idea into reality and maybe even change the world.
