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MenuGary C. Bizzo CEO Bizzo Management Group

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GC$5/min per minuteNew ArrivalStartups, Branding, Social Media, Customer EngagementGary C. Bizzo • Vancouver, Canada AreaCreated 11 years agoI enjoy working in a team or as a leader. As a Management Consultant I've taken over in a variety of C-Suite roles in Client-owned Small Business to lead their businesses to the next level. I'm experienced as a CEO & have been called into numerous businesses to help them when problems become overwhelming. I've worked with entrepreneurs to some international companies although I specialize in Business Startups. My avocation is a Social Media Networker. I have an International reputation as an 'Agent of Change' using Social Media. In 2010, I helped change Canadian Law with Bill C-470. I presented a brief before the House of Commons forcing Canadian charities to be transparent in their finances. I believe Social Media initiatives including Inbound Marketing, & Community Engagement change the fabric of our lives & allows each of us to make a difference. I am also a Business Writer/Blogger which I totally enjoy. I've written for numerous regional & national papers on business & have just published through my BizPublishing on Amazon “How to Start a Successful Business - the First Time” http://goo.gl/6iDDiY I recently gave the keynote speech on Social Media and it's Impact on Business to the Canadian Council on Small Business & Entrepreneurship in Halifax As a Certified Business Counsellor, an International designation from APEC at Acadia University 2011, I work to provide case study management counselling to Canadian, Public and International Corporations.Gary C. Bizzo Vancouver, Canada AreaNew Arrival
- Answers 1
I've worked with over 1000 business start-ups and the same issues continue to rise to the top of questions entrepreneurs ask. When you are bootstrapping a start-up money is always an issue. Having said that non-essential work must be paid for from your existing capital. I'm amazed that yo car happy to pay for the designer after he agreed to work pro bono. That should not have escalated to a request for compensation.
I agree with William it is not a cut and dried question. It's easy to give away bits and pieces of your company for contract work but you need to keep as much of it as close to your chest as possible. It is also very important that any work is prioritized and price/payment is determined prior to the start of the work.
It's a different story when you are a software co and you need a head designer. I've had clients with this issue and the logical expectation is that the founder would bring the engineer on as a partner or major shareholder.
I think entrepreneurs must be careful with shares early in the process. Without expert help you could get into trouble fast by offering shares to everyone who shows an interest or does work for you.
Try to be careful this is only your First Round financing.
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