Monthly Archives: July 2016

12 Helpful Aspects of Formal Business Plans for First-Time Founders

noobpreneur

What aspect of a formal business plan can still be helpful to first-time founders and why?

The following answers are provided by members of Young Entrepreneur Council (YEC), an invite-only organization comprised of the world’s most promising young entrepreneurs.

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14 Ways of Splitting Equity With Co-Founders or Employees Without Giving the Company Away

Verge Startups

1. Founder Vesting 

It’s imperative to have founder vesting with multiple co-founders. Founder vesting implies that the longer the founders work together, the more they earn (typically over 3-4 years). It’s a pretty standard practice and solves a lot of potential problems that may arise if one of the founders chooses to leave or is removed from the team.

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