Founder Salaries and Stock Vesting - Startups 101
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- Опубліковано 24 кві 2019
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In the world of startups, navigating salary negotiations and payment agreements is a critical aspect that can make or break your venture. Making the wrong moves during this stage can lead to disastrous consequences for your startup.
Learn the essential steps to set salaries and payment agreements for your startup without risking a game over. Watch our experience-based guide before and after launching Slidebean! 🚀
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#startups #vesting #foundersalary
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About Slidebean
Slidebean is a platform for founders to scale their startups. Our platform offers everything you need to build your startup, your pitch deck, set up your company, and start gaining traction.
Our team of experts can also help you write and design your pitch deck and build the financial model for your startup.
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Caya
Twitter: / cayahere
LinkedIn: / caya - Наука та технологія
Last year, companies using our pitch decks raised $300M+ in venture capital.
Here's how we can help you ►slidebean.com/?
It's quite insane to see so many views in such a short amount of time! Thanks all for watching. This is one of my favorite videos so far.
I'll be around today to answer any questions you have.
Keep grinding Caya!
It's because these are the sort of questions people dotn want to answer unless your bin the financial industry of have the connections
Certainly! Someone has to do it, right?
Your greatest video so far : and I will use it some day for my Entrepreneurship course, keep on doing !
@@okboye2870 I've been your situation before.Pretty much to say, I've done 90% of the work as we bootstrapping and in need to save money for the company.The other co-founders did not do any tasks / do the tasks with delay not a week,but up till month without any valid reasons as i already prepared the growth plan.I only own 25% of the company.Yeah,the first co-founder got experience in businesses,connection,so called investor (promise to invest 25k usd) which hold 45% of the company without any valid reasons (except connection from bank,government and experience) which later used my money for legal side of businesses and sort without spending a dime (after tiredly waiting for his money for 4 months as he promise ) and the other co-founder cant even do a single task (no skills at all) but hold 25% from the company.I out from the company after settle with legal,now both of them were fucked up.My bad mistake.Choose your co-founder wisely and make sure your effort/money/time spent = to your share.You can refer to slicing pie method for equity part.Now am bootstrapping myself.
I like the way he speaks. So clear and on point. Loving the videos!
Just watch under 5 videos, this guy is the deal. Clear communication skills
And such a good lean forward posture..
Love u too
Smaller, speculative stocks have endured a historically weak stretch. Investors are betting that a turnaround is finally in the works. I’ve lost about $320k within a few months, how do i take advantage of the market turnaround?
There are many interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell stocks.
@@ElizabethSarah-cl3sc Having an investment adviser is the best way to go about the stock market right now, especially for near-retirees, I've been in touch with a coach for a while now mostly and I made over $800K within a short time
@@user-zw7cd7pe4u That's impressive! I could really use the expertise of these advisors. how can I get to your advisor?
@@ElizabethSarah-cl3sc renowned for her proficiency and expertise in the financial market, *KRISTIN GAIL CUNNINGHAM* my financial advisor, holds a broad understanding of portfolio diversification and is recognized as an authority in this domain.
@@user-zw7cd7pe4u Thank you, I just checked her out and I have sent her an email. I hope she gets back to me soon.
Great videos. You mentioned becoming a dad 6 months into starting Slidebean. You also mention spending 24/7 working / with cofounders. Have you considered making a video on your / your partners experience balancing startup life with starting a family / keeping a healthy life balance? I’m sure you’d do an awesome video on it
Have just one comment. Also did start a company 10 years ago... we did a 50/50 we agreed to not pay each other a salary for a year. The year past. He had more savings, what we did was we kept the 50/50 but I really needed a small salary to survive so we gave me a small salary and he took the same salary as a debt in the company. So when we finally got the funds we paid out his open standing salary. The relationship is just super important. Like a real relationship it's giving and taking..... it's not always that straight. You just can't measure everything with each other. Like I made more hours but that didn't make me demand more salary or more stake. He was more lean with taking debts and giving me a salary
Tx for the tip
So happy to have found this channel right now. Amazing content. One of the most valuable channels for entrepreneurs by FAR.
Just embarking on an app startup and this channel is a real substance / value filled place for me. Thank you so much for those videos.
I don't agree with the idea of 50/50 equity. My previous startup actually failed due to the founders conflict. Because, everyone had the authority over everyone. So, I think if there are two founders it should be 51/49 not 50/50. Personal opinion. 😊
ua-cam.com/video/wjtW9w8VtnA/v-deo.html S.M.Saad Uddin Hi, ego clashes happen at any equation. I yet feel 50/50 is a better option, with prior understanding & mutual respect of who takes the final call!
I think this is a good idea take the 51/49 and compensate the partner with 2 shares later on or with cash , this means you have more say in the company .Good faith aside this is the more logical thing
Ugh. I hate the concept of 51/49. You should build a company on your ability to agree and compromise.
@@cayahere Compromise and sacrifices can and should be made ,but situations maybe arrive where you wish to have a say over the rest .So , if you can agree on this before hand ,then it's logically the more sound option.
Based on personal experiences... you need a tie breaker. We should look to come to an amicable agreement always. but if you have a diverse board, there will be occasions where you need to decide and move on quick.
Setting a salary bench mark and Preparing an Aggreement is my take home from this . Great Content.
Thanks for watching!
Check out even more resources:
- Our pitch deck service: slidebean.com/pitch-deck
- Our Blog: Daily articles on startup insights. slidebean.com/blog
- Slidebean app: You can access a bunch of features for free slidebean.com/plans
- Our Free Templates: Nearly 200 free templates you can download and edit, including the ones you need to get your business started. slidebean.com/templates
- Our Udemy course: udemy.com/course/starting-a-business-101/
Wow thank you so much.
I really needed this information, and you delivered it well.
I find his thoughts well organised and delivered. Also the fact that he does not dwell on theories but uses real examples to drive the point home. 👍🏼
Thank you, Tony!
Your channel is excellent. A lot of useful videos. You deserve more subs.
This is helping me tremendously heading into the early stages of my tech business.
I’m so glad that I came across your videos!!! I actually binge watched many videos and got some invaluable information that I will be using for my startup!! Thank you for your clear and easy to understand comments/explanations!! Looking forward to the other videos!!
Thank you, Caroline!
Best Channel, content in category and best Startup support Startup ❤️
You made a drastic changes in our Startups ❤️
Thanks a lot 🌷
I am second year into a food industry startup. When we started, I put down $6k and my partner has since done all groundwork. We split 80-20 to me. I run data analysis and fundraising and have gained fair value equity for additional cash investments.
This has worked for us and we have both forgone any salary.
Where are you from? I also have interest in food industry startups. Might have my own soon.
@@shashanksingh8210 are your from india
@@narutosheep1239 yes
Mucho data packed in, great video, thank you. Smashed that Like button and Subscribed.
Same..didn't waste a minute smashing that Like and Subscribe button
Generally speaking having a conversation involving founding stake in the company is a great assessment of a few things. Their long-term focus/efforts towards the success of the company, short-term experience gain from the venture and also the general level of ambition in the team.
Caya!!!! Man!!! Your videos are so good I almost do no work just watching your videos on how to better do the work! 🤣🤣
Man you are soooo helping us! God bless you! Your office hours too! Very nice!
Excellent content, especially liked the end where you broke down cost and time to do one of your favorite videos.
Great Video. Good job done. A bit fast but one can always go back. I’m going thru all you videos as I’m in a middle of a startup and will come back for advice. 👍🏻
Great video I appreciate the time an expense you guys take putting this out there.
Keep it up, I'm on about four or five videos of yours, and looking forward to the next one
Amazing! We are probably on 15 videos already.
This guy’s my startup mentor . Really appreciate your work . Hope we’ll meet someday .
I'm extremely happy I found this video.
This is exactly what should be done from days one and your summary is once more "Spot on". A pleasure to watch and share!
Thanks, Etienne!
great video on much-needed content/info for first-time co-founders and angel investor!! ;)
Working on a startup by myself, I was feeling drained till I came across your videos! The clarity and preciseness in each video came as a breath of fresh air. I not only subscribed but started saving videos to my list to watch again if need be. Thank you for your time and effort!
Glad it was helpful! Thank you and we wish you the best in your endeavors! If we can ever help, go to slidebean.com/youtube :)
How's the startup going?
Great videos man, I learn so much every time
Thanks Caya. I am blessed to have found this video. Plenty of lessons to picked up. Loving it.
Glad it was helpful!
Your videos are amazing! They are in need! Thank you
Your videos are very helpful and often give us the right perspective towards any current or potential issue in our 4 year old company. Thank you!
Happy to help!
Really appreciate the knowledge share 🙏🏾 I learned alot from this video and will definitely be keeping up with your content
Awesome! Thank you!
Awesome. Hey, subscribed and shared only after watching the whole video. It's awesome to have you on UA-cam.
shreyas D 👊🏽
Hello, I recently found your channel while i am in quarantine. It is really great platform to learn. Thank you for amazing content.
Awesome, thank you!
This is great. I love your presentations and simplified guided approach to these important matters.
Glad it was helpful!
Thank you so much for these videos! Thank you ! thank you ! thank you !
Instead of a static share amount, there were too many variables to make a 50/50 work. What if one founder works part time while another is full time? Or if one brings IP with him and must transfer ownership to the company? Or if one had industry connections while the other needed a small salary to keep going. Dynamic share splits fix all of this - and with our company, slicing pie dynamic share splits was the way to go. Plus it means instant KPI metrics - bigger portions go to the ones that work the hardest and put the most effort in over time.
Where can I find a template for a dynamic structure as you say? Trying to figure out how to draft the language
Your channel is great, with high clarity in your topics.
Just found your channel. Love love love the content. Very good information
This video is excellent, this is what I need before I have my own startup.
Thanks a ton for making this video.
I feel it is extremely important for all the founders to know this before they start their entrepreneurial journey
Amazing!
Really love these contents. Could be late to the video but really helpful. Thanks for sharing!
Glad it was helpful!
Learned a lot ! Great video bro 👍
I appreciate your channel. Very helpful information!
I stumbled on this information at the righy time. Thank you for this vital information. I have made some mistakes as regards to this topic but I think I know better now and thank God for the kind of co-founder that I have
Glad it was helpful!
in my 1st startup, i paid for my co-founder daily expenses from my pocket for 6 months, that didn't ended well.
Thanks for sharing!
It really helps to grasp my head around this matter. thanks, kaya!
Best content as usual!!
This series has been very informative. Such information has been difficult to come by for entrepreneurs. Thank you for sharing
This was really useful! The agreement clarified a lot of things for me.
Glad it was helpful!
Simple yet very Informative. Must Share.
Thank you very much! Great info!
Amazing content! Thanks for your help!
You're welcome :D
hey there, great video, i'm a little late to the party. We have three co founders and spoke to a lawyer to draft the SHA which had the vesting clause etc... we then got busy developing the business and the lawyer dropped the ball and forgot to deliver the SHA! a few months later one of the co founders quit, we have spent the last year trying to work it all out, luckily we are all amicable, but it's a long expensive and distracting pain. Get the SHA done, spend the money and grow from a solid base. You may not always be as amicable as us. Love the series, keep it up.
Great video, very useful!!! Really.
Solid video bro!
Never recommended to have a 50/50
Split. It may stall any decision making in case of disagreement
have this situation currently, struggling for 3 years already. Millions (in opportunities) lost so far and the company is going nowhere. Of course we did not have the agreements in place.
That's unfortunate, how do you plan on resolving the issue?
Also I got a question. Me & my co-founder have started a company (incorporated the business and everything), we agree on the incorporation document a 50/50 split on shares of the company. Would you advise to draft another agreement stating decision making powers? I'm the CEO and my partner serves as a company secretary. Thanks for the info
@@erickasoyaga933 there seems to be no solution. We don't have money to buy each other out, the investors won't touch a company with shareholder conflict. Meanwhile meaningless lawsuits are piling up.
Never do a 50/50. Never.
@@circuitdotlt I’ll be going in as a solo founder within the next 3 years (I’m working on some tech that I eventually want to spin off into an aerospace company). My plan is to hire critical people over time, as the need arises. Your advice on never going 50/50 is well noted. I’m probably gonna bootstrap myself slowly anyway lol. Best wishes with future projects, friend 🙏🏽
elektrinis You can agree to rip up some of your co founders shares instead of buying them
Your videos are SUPER helpful and amazing! Thank you Caya + Team. From South Africa...
Great explainer video Caya - keep them coming! Jon
I am Howard PHeelgooD and caught up and wide awake at 5am binge watching your clips. I AM ALL IN! I need yall services!
One can't explain better than this! You/re a rockstar!
Great video and content. Very helpful, thanks for making it.
Glad you enjoyed it!
This is really good content!
Excellent content for Founders.
Another helpful video. Great job Caya.
:D
Great content! Thanks for sharing
Super useful videos! Keep up the good work!
Thanks Lisa! Will do 💪
Great content here. Really insightful. thank you so much. I subscribed already.
Awesome, thank you! Welcome aboard!
Wow, what precise and useful guidance
Great, clear. All Founders should Watch
Amazing insight... Love it.
:D
thank you for it!
Thank you! These are so helpful!
Glad you like them!
Love the visuals. 😍
I like your channel. I'm learning so much from you. I'm founding my own company these days and you've provided much more important and beneficial information
Thank you
Great to hear!
Greetings from Panama! Thank you for the valuable knowledge, hope to meet you guys one day.
Roberto Broce let us know when you are in town!
You are surely gonna put many lawyers out of business !! Kudos !! Keep it up.
excellent content, excellent format, high-value stuff.
Thank you!
Your advice is worth a million dollars. It can even make you a shareholder in a company you didn't fund
So much knowledge bombs in this video.
Thanks for watching, Michael!
Super useful . Thank you
Great transparency. Thank you so much
You're so welcome!
great video. thanks!
I just stumbled. Really love the channel already
Luis Escamado Nhamue amazing! Glad you enjoyed the content
Wonderful ideas! Thank you! ^_^
Great content!
This guy makes me feel I might not suck at being an entrepreneur. Keep going, I might just give it a try
Hey Godfrey, you should give it a try. I'll like to know your interests in entreprenuership.
Excellent video!
You should present a TV show
Great videos, I hardly comment on videos. But your videos are simple and to the point. Good job
Thanks, Nicholas! Glad you enjoyed it!
Agree on 50/50, or equal amount of it. Me too have suffered from bad parnership. One of my partner suddenly makes us give some of the shares or will evict us out of her office, because she owns the office. We pay a bit lower than normal price, she said its ok to use office with discounted price. suddenly got invoice of 2 years for accumulated discounts. Lesson learned, make sure all things is signed before starting business. 😅
Your video has helped me so much.... But please I would love a video..on the essential company policies needed to start a company
Man you are gold.
How do you feel about building business credit in the start up stages instead of using personal lines of credit? Also what is your opinion on building the credit over a period of time using net 30s and "tier 1" revolving accounts vs taking a PG loan and building early relations with a good lender? If you have a video on that can you please link it and if not I think it would make great content for us!
Thanks, Caya. An eye-opener as always. Continue helping us all to understand the Startup game better.
Great information. You rock!!! Jeep up there awesome job.
Thanks, you too!
Great information keep up the good work
I'm a founder A, my brother is a founder B, he's coding. Other business procedures unrelated to coding we do together. So I get 50% of shares, he gets 50% + a developer salary.
Makes sense.
Good video this is a huge one
Great content! Do you have a link for salary agreement to use as a reference>? Loved it and subscribed!