I'm a product developer, startup veteran, and advisor to SaaS companies. Hopefully you've been already developing this new product with input from your existing customers, letting them beta test it and give feedback. (If not, my advice is to STOP immediately and get enough pilot customers invol...
Pairing bonus in a binary MLM plan is calculated based on distributor sales volume. Distributors receive pairing bonus on achieving balanced sales volume on each leg. This again depends on the compensation plan and payout structure of various MLM companies. Most MLM companies consider weaker leg ...
1. 4 year vest with 1 year cliff 2. Your option pool is based on what you and your lawyer have allocated. 3. Usually it is a 10-15% option pool for future employees. 4. You can grant more options to each employee based on performance. Many ways to do it. There is no one size fits all.
If it's an online venture better to get a prototype or proof of concept ready before spending on registration.
Lead with the timing question in your marketing. IE. Sort your prospects by whether they're almost out of their existing plan or not. A quiz might be great if you can capture the lead with that information ("We have important info for you depending on when your existing plan expires")...you coul...
Hi there, I have 6+ years of experience selling enterprise software and one of the products I sold at Oracle included their SaaS LMS application as part of the whole HCM suite. Your question about comp definitely depends on the industry, location of the individual, experience level, average dea...
If you've had a good month I can see the temptation to take those figures and multiple by 12. However, it's not as simple as that, unfortunately. Your run rate is a financial prediction based on your current performance. So, it would be reasonable to plot your performance over the last year (or t...
The best online business is that of E-commerce. E-Commerce businesses may employ some or all the following: 1. Online shopping websites for retail sales direct to consumers, 2. Providing or participating in online marketplaces, which process third-party business-to-consumer or consumer-to-consum...
Having been in the same position I can empathize. It's normal to be both excited and scared. There are risks but also great rewards in creating a successful company. Different people will have different ways of deciding when to go all in. My approach (which may or may not be applicable) was ...
Optimizing manpower for an NGO involves efficiently managing and utilizing your human resources to maximize impact and minimize costs. Here's a step-by-step guide to help you achieve manpower optimization: 1. Assess Organizational Needs Identify the specific goals, projects, and programs your...