Abstract
The prospect of having to micromanage their company’s taxes, accounting, payroll, and sales calls and handle all the other unpleasant byproducts of entrepreneurship is often a turnoff for students and researchers. Whether they are good multitaskers is another question. A world-class entrepreneur should not waste time filling out a tax return that an accountant could complete for $100. But to reach the point that you can delegate all the support tasks, you need to understand what it takes. The first stages of entrepreneurship are yours and yours alone. Doing everything in the beginning does not mean things will always be that way. It is important to realize that your venture will graduate from bootstrapping and MVP testing mode at some point. In order to be a business, it must eventually launch a final product and take off.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsNotes
- 1.
Brad Feld and Jason Mendelson, Venture Deals: Be Smarter Than Your lawyer and Venture Capitalist (Hoboken, NJ: John Wiley & Sons, 2011).
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 2015 Manuel Stagars
About this chapter
Cite this chapter
Stagars, M. (2015). Moving Past the Startup Stage. In: University Startups and Spin-Offs. Apress, Berkeley, CA. https://doi.org/10.1007/978-1-4842-0623-2_14
Download citation
DOI: https://doi.org/10.1007/978-1-4842-0623-2_14
Published:
Publisher Name: Apress, Berkeley, CA
Print ISBN: 978-1-4842-0624-9
Online ISBN: 978-1-4842-0623-2
eBook Packages: Business and EconomicsBusiness and Management (R0)Apress Access Books