Hunger Games – Learning to Share

Hunger Games - Learning to Share from The Startup Garage
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Self-preservation is unavoidable in the world of start ups.  It’s what keeps your start up alive.  It’s what allows your start up to grow.  It’s what keeps your start up yoursWRONG.  Many entrepreneurs treat their start-up like their baby.  And who could blame them.  They have invested personal savings, time, sleepless nights and great risk.  Why wouldn’t they try to grasp the rains and keep control at all costs?

As nearly every entrepreneur learns sooner or later, in order to make your start up work, you are going to have to work with many types of people – including investors, key employees, consultants and strategic partners – which could result in issuing equity in exchange for services or investment.

Being vigilant about keeping control of the start up is fine.  If it is your goal to run the business, you will certainly need to be prudent about how you issue equity and to whom.  However, once you have issued equity (to investors, consultants, key employees, etc), don’t make the mistake of viewing them as outsiders that are trying to steal your start up.   Rather, team up with these people to develop your start up and take it to the next level.  After all, now that they are co-owners, you have the same end goals.

Whether you have a question about Learning to Share, or you’d like to discuss our business plan writing services, feel free to contact us for a free consultation!

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About Tyler Jensen

I work with entrepreneurs who are looking to attract investment and get out of the "Garage". I am passionate about helping entrepreneurs start companies that matter. I helped launch over 100 Companies, Non-Profits and Social Enterprises. I consider myself a serial entrepreneur, startup coach & trusted advisor. * Launching New Companies (For Profit, Non-Profit and Social Enterprise) * Expert Business Plan Writer * Extensive Network of Business Relationships focused on Launch & Rapid Growth of New Companies * Startup, Growth, Marketing, Technology, Web, Business Systems * Trusted Advisor to CEO’s & Entrepreneurs * Capital Raising Strategy Development * Startup Team Development The first company I started and sold is VAVi Sport & Social Club which grew to over 25,000 members in six years, was recognized as San Diego’s 30th fastest growing private company in 2006 by the San Diego Business Journal and 32nd fastest in 2007, and sold for over 25X the capital investment.