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Funding Your Company Without Funds with Mike Moyer

By: SmallBizClub

 

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Startup equity splits are one of the leading causes of problems between founders. Slicing Pie author Mike Moyer and I discuss funding your company without funds by using a dynamic equity share, his novel approach to allocating equity. Star-ups often change direction as they grow or simply outgrow the talents of one or more of the founders. In addition, the motivation and commitment of founding team members may change for any number or reasons. Consequently, there is no way of knowing in advance what someone’s future contribution will really be as time unfolds. A dynamic equity structure protects and rewards everyone as the business grows and circumstances shift.

 

 
Mentioned in the podcast
 
  • SlicingPie.com: Mike’s website featuring information on the the book and the tools/resources mentioned in the podcast including the Pie Slicer Application.
  • Slicing Pie: Funding Your Company Without Funds – The book.
  • Get Them Gators! A Primer on the Power of Dynamic Equity Splits for Potential Investors, Partners and Employees.
  • Gruntfunds.com – A job board for people who want to be grunts and for people seeking grunts.
 
Other books
 
  • The Founder’s Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup This book should be required reading for all first time entrepreneurs and lays the foundation for Slicing Pie. Covers the 3 Rs of founding a company: roles, rewards, and relationships.
 
This article was originally published by The Growing Entrepreneur

Published: February 5, 2015
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