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Tips and Tricks

Tips and Tricks to Increase Views for your Expert EquityX Profile

There are plenty of ways to benefit from the use of our platform. Startups all over Israel have found themselves as beneficiaries of our medium. Despite that, nothing is automatic. There are ways that your profile can go ignored, and nobody benefits from it. With that said, here are a few tips and tricks that will allow you to be seen with your expert EquityX Profile. Add a Picture It should go without saying that adding a picture to your profile (of any sort) will get others to look your way. That especially goes for our profiles. Adding a picture gives viewers the opportunity to connect to you on a different level. As they say: seeing is believing. Think of the picture as a means by which you can brand yourself. It literally is a representative for you and your company. Having said that, upload away! Keep it Clear and Concise When it comes to the information about yourself or your company, don’t make your viewers read a novel. If they are interested enough, they will make further inquiries. For people who want to view your profile, they prefer easily digestible, small segments of information. None of us have the time to read through each profile’s section. Get to the point and fast. Think of it as an elevator pitch. Add an Engaging Subtitle Whether it is your favorite inspirational quote or your company’s founding philosophy, you want to make a potential startup/expert feel, well, invested in multiple ways. By exhibiting yourself and showing a sense of character- who you are- and even compel somebody to undertake business with you. On top of that, it will get people drawn in and want to look at your profile to begin with. Show Off your Skills & Expertise Well, there’s not many
Alternative funding for startups

5 Alternatives to Raising Funds for Startups

Securing funds for your startup can be daunting, but unfortunately it’s a necessary evil. Although it might seem like an endless uphill battle, there are actually many fundraising alternatives for startups aside from putting up the money yourself. Enter Startup Competitions You’d be surprised by the number of opportunities that pass people by simply because they didn’t know they existed. There are many contests and competitions available out there that are rooting for startups and ready to support them. Often, just entering the competition will give you both visibility and validation within your industry ecosystem and, of course, valuable capital if you win! If your idea is innovative enough and you have a solid plan to implement it, the chances are high that you’ll succeed in at least one contest that you’ve entered. Raise Funds Through Bank Loans Loans can be a touchy subject for those who are trepidatious about having debt that accumulates interest, but there are programs out there geared specifically to fund startups. These loans aren’t the same as getting a scholarship or grant; to qualify for an SBA loan program, you’ll probably need to have a friendly rapport with someone in the bank before you can be approved. But don’t worry--last year alone, over 50 million dollars were delegated to SMBs in America every single day, so you shouldn’t have a difficult time raising funds for your startup this way. From low-budget loans (“Microloan”) to higher reaching financial goals (for purchases such as real estate for the company), there should be a loan program that works for you and your startup. Offer Equity For Services Getting your startup off the ground was only half the battle. Now you have the challenge of paying for the many services, from web development to marketing help, that keep you
Startup Legal Services

How to Get Startup Legal Services Without Cash

If you’re a first-timer in the entrepreneurial world, you may be alarmed by the number of expenses your startup will face. It’s a bit of a learning curve, but once you’ll get more experience, it gets easier to prioritize where to earmark your money and where to try and save. Aside from typical expenses like rent, payroll, and purchasing equipment, startup legal services can be pretty pricey as well. As there are always contracts to be signed, agreements to be drawn up, and other times you'll need sound legal advice, it’s worth exploring alternative ways to get legal services without spending money. Online Q&A Forums It may not be the only place to seek legal advice, but it’s still a great starting point if you have basic questions and you're trying to avoid spending any of your startup capital. For example, sites like Avvo or the business section of Lawyers.com, offer a service in which you can ask any legal questions and they’ll be answered for free; sometimes by multiple lawyers with multiple perspectives. Additionally, there are many free articles and tutorials on a wide variety of topics that could be helpful in getting your startup the legal services it needs. Trade Equity for Legal Services An option that might be at your disposal is to offer equity in exchange for services or goods your company needs, including legal services. This could be tricky due to the possibility of a conflict of interest for a law firm representing a company it has a monetary stake in. But if you can manage to get around this problem, there are many law firms who would be willing to trade legal services for shares of equity in your company. One option might be to explicitly state (in a legal document) that you want
2017 trends equityx

Six Reasons Why EquityX Makes Sense Now

TL;DR -  In this article I’ll explain how EquityX, the world’s first marketplace where top-tier startups and quality talents can find each other and work together, with Equity as their Currency, makes sense now. With the times changing, there are six reasons that explain the need for such a marketplace in today’s startup ecosystem: 1.The challenge in finding and compensating the right talent, 2. The shift in the employment concept, 3. The UBER and Airbnb kind of trends in many sectors, 4. The rise of crowdfunding, 5 Special accelerators programs changing the game, and 6. The increasing expectations from investors    We have launched EquityX at the beginning of 2017. It has been an amazing ride so far. I have a great team and get to meet with a lot of interesting and smart people, from the VC community and of course great startups and experts. We now have more than 50 startups working with EquityX and a 1000+ registered experts from all over the world, many of which are already engaged with the startups on our platform, while using Equity as their Currency. We have partnered with many of the great accelerators and Crowdfunding platforms and we are very excited to provide value to their startups. Many people tell me it is a brilliant idea and that they have wondered how no one did something like this yet. I thought about it a bit and this post covers a few points of what has changed in the startup ecosystem over the last few years for EquityX to make sense now. What we do EquityX is a marketplace for quality startups and experts to find each other and work together through equity compensation which is fair, accurate, scalable and simple to use. It works in a very simple way for
Equity Compensation

Equity Compensation: What Is It Good For?

Modern life may not be easy, but in the total scheme of things, there are quite a few opportunities we can take advantage of. We already take for granted the speed at which we’re able to receive information, instant results, and even instant money. However, the rate at which we’re accustomed to receiving information can often eclipse the fact that instant gratification isn’t always the best thing for us. When it comes to negotiating job contracts, our mad dash for cash can make it easy to focus only on immediate payment. However, there is another, sometimes overlooked option that can be equally beneficial to employers and employees and that is: equity compensation.   Pros of equity compensation for employers Particularly for the founders of a start-up, it is common to need services rendered that you just don’t have the funds to pay for. Whether that means hiring freelancers or just paying your full-time, 9-to-5 staff, you might come up short on cash until your company has garnered enough investments or accumulated enough revenue to generate ample cash flow. Offering your employees equity compensation is a great way to solve that problem, because you’re putting off paying them until you have the means necessary to do so, yet at the same time you’re providing an incentive to work for you. However, this solution is not just advantageous for companies that are lacking the cash to pay their service providers. It is also beneficial for companies that have the budget but want to increase employee motivation and create a lasting connection between themselves and their workers.   How much equity to offer While you obviously don’t want to give away all the equity, including options and ISO, in your company, it’s important to make it worth the while for the people who
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