What Is the Role of a CTO in an Early Stage Startup?

I talked to countless early-stage startups looking to hire a Chief Technology Officer. Many entrepreneurs just don’t understand the role of CTO in an early-stage startup. In a growing company, the role of Chief Technical Officer is somewhat defined. But in the case of an early-stage startup, the role of a CTO is often evolving and ambiguous. In most startups, the role of the CTO is to do all of the technical tasks that nobody else is doing. It can be a long list and can cause friction in the early stages with CEO and other senior team members. That’s […] Read More

How Much Equity Should You Offer Your Startup’s Advisors

How Much Equity Do Startup Advisors Get? If you are creating a startup, you need to bring in a group of advisors in addition to your founders. These advisers should be able to introduce you to potential customers, partners, and investors. The question is, how do you compensate them? How much equity should you give to them? That depends on which stage your project has reached and how much value they are bringing to the table. Many of the considerations discussed here may need to be adjusted to match your situation based on things like the level of funding, the […] Read More

Why your app is not getting funded?

You have the greatest idea for this new killer app. All you need is a somebody who can develop it and some funding to market it. Maybe you talked to a few people to get funding. But it is harder than you thought it was going to be. If this sounds familiar, you are not alone. Here are some reasons why your app is not getting funded, as well as some ways in which you might be able to change your idea or your approach is able to find funding. Your Idea Is Too Small If you have an idea […] Read More

How do you know if your startup idea is worth pursuing

Startups can be financially and personally rewarding. They are also a lot of work and may not pay off in the end. Most entrepreneurs, get so many good ideas regularly. So how do you know if a startup idea is worth pursuing? Here we will give a sort of checklist that you can run through. If your idea checks out in these areas, it might well be worth the work to pursue. If it doesn’t check out, it may just need some tweaking, or it may not be worth the effort. Your Startup Should Address A Pain Point Your startup […] Read More

How to protect your business idea when working with developers and partners

App development isn’t a one-person job. To make a quality product, you will need to work with partners who can help to fund the project and guide it through all of the steps between idea conception and market success. You will also need developers who can help to make your idea into a functioning and practical reality. The problem that keeps many people up at night is how to get potential partners and developers on board without telling them all of the information that they would need to steal your idea and take it to market without you. This is […] Read More