3:05-3:52, Caffeine and Startup Secrets

747 Southwest 2nd Avenue,Gainesville FL 32601

24 May, 2022

Description

An afternoon caffeine pick me up + tips and tricks they never tell early stage and aspiring founders Join us in the Hub lobby for a casual chat where we drink great coffee and learn all the best finance hacks. May's Topic: the Perils of Sweat EquityWe've all heard of it, sweat equity- that deal where your unpaid labor is exchanged for equity that will somehow pay off one day when the company gets going. But have you heard of what a legal crisis this can create? This month, UF Innovate Accelerator Advisory Committee members Guy LaTorre and Stephanie Marchman spill the beans on sweat equity, what it means for founders, and offer advice on how you can avoid common mistakes. Speaker BiosGuy LaTorre Guy has over 25 years of experience in the development and commercialization of medical devices and consumer products in a start up company environment. Guy was a co-founder and Vice President of Business Development at Novamin Technology Inc. where he was responsible for identifying and managing the Company’s relationships with its key clients in the dental products field, including product development of in-office and at home-use products using the company’s proprietary ingredient. In that role, he formed and managed product development partnerships between NTI and the leading marketers of professional dental products, including Dentsply Corp, 3M Corp, Sultan Healthcare, Sunstar and others until the company was sold to GSK in 2010. Prior to this, Guy was the Director of Scientific Affairs at USBiomaterials Corp. which developed and sold synthetic bone grafting products for use in dental, head & neck and orthopedic surgeries. Guy’s responsibilities also included product development, manufacturing and business development activities. Previous to USBiomaterials Guy was the Laboratory Manager of the University of Florida Advanced Materials Research Center where he was responsible for tech transfer of University tech to private start up companies licensing the technologies. Guy has been author or co-author on over fifty scientific publications and holds seven US patents with associated filings world wide. Stephanie Marchman Stephanie is a shareholder in GrayRobinson’s Gainesville and Tampa offices representing businesses, governmental entities and nonprofit organizations in the areas of labor, employment, civil rights, business disputes, Sunshine Law, board governance, and general counsel. After earning her undergraduate and law degrees with honors from the University of Florida, Stephanie served as law clerk to the Honorable William Terrell Hodges in the United States District Court for the Middle District of Florida. Following her clerkship, she practiced with the Tampa-based labor and employment firm Thompson, Sizemore, Gonzalez and Hearing (TSG&H recently joined GrayRobinson) and then served as an Assistant City Attorney for the City of Gainesville for over a decade. Stephanie is a member of The Florida Bar Board of Governors, the governing body for Florida’s 100,000+ lawyers, Past President of the Eighth Judicial Circuit Bar Association and North Central Florida Chapter of the Federal Bar Association, and Past Chair of The Florida Bar’s Federal Court Practice Committee and Eighth Judicial Circuit Grievance Committee. Series Hosts Giancarlo Victorero from GiaVic Consulting, LLC Our accounting services will pay great attention to details so you can focus on building your business and making informed decisions about your company. Our experienced team keeps your business balanced. When you’re trying to grow your company, you must look forward to financial decisions and factors that affect your company’s expenses, profits, and other financial factors. Our services provide you with financial reporting to help you make educated decisions for the future of your company which includes cash flow tracking and financial analysis. Maybe you’re behind on your books, you’re tired of having to deal with complicated bookkeeping software, or you’re spending more time managing the books than you are focusing on your business… no matter what the situation is, we’re ready to help! We blend our accounting and bookkeeping services to your business systems so we can integrate smoothly with your needs and goals to help you stay organized, on schedule for bills, invoices, and tracking cash flow. Services include: Bookkeeping, Quickbooks Training, General Ledger Clean Up, Monthly Reconciliation, Professional Budgeting, Payroll Filing, Payroll Processing, Accounts Payable and Receivable, Business Systems Consulting, and Financial Reports http://giavic.com/ Tryssa Pacciulli from Your Financial Legacy, LLC "I believe that everyone deserves access to affordable financial planning. I built this financial planning practice to do exactly that" -Tryssa Pacciulli No matter who you are or what your history with money has been, I want you to know that you are worthy. You have purpose and you have the ability to create a financial legacy that you are proud of, brings you peace and that also makes an impact to the world around us. We are all unique and have different needs throughout various stages of life. At “Your Financial Legacy”, we offer a wide array of services to fulfill your needs. Just choose a plan below that works for you! Services include: Investment Management: Personalized Investment Management Advisory Services from 1.50% to 0.50% annually on assets under managementFinancial Planning: Personalized & Interactive Financial Planning & Client Portal starting at $500 for preparation fee and technology accessFinancial Coaching: Financial Coaching with a Certified Dave Ramsey Solutions Financial Coach starting at $150 an hour for 1 on 1 coachinghttps://www.yourfinanciallegacy.com/