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LIFE HACKS FOR RESILIENT ENTREPRENEURS
Mezzanine Finance: Fundraising Tool at First Sight, Spending Superpower on Second Thought
Salary expenditures often make up for the largest cost block in entrepreneurial spending. Any better ideas than hiring full-time?
Mezzanine Finance for entrepreneurs? What sounds like super-fancy financing vehicles for corporate finance aficionados at first sight, is your spending superpower on second thought.
Mezzanine Finance is commonly defined as financing instruments beyond straight equity or straight debt. All shades of grey exist in this world.
Salary expenditures often make up for the largest cost block in entrepreneurial spending. And surprisingly, most entrepreneurs still only consider the options of hiring an additional resource, or not hiring an additional resource.
Why not apply some Mezzanine Finance spirit to your spending planning? Here are two examples from my experience as the Founder & CEO of Yonder, a 30-person B2B SaaS company.
1. Limited-Term Contracts
It’s perfectly fine to hire somebody for a limited term only, provided you communicate your thinking…