Dan Schmidt

founder of EBCFO

Recent Articles by Dan Schmidt

With a halt on new overtime rules, what’s next for startups?

Disruption is good, right? Well, as the Game of Thrones memes say: “Brace yourselves.” The Department of Labor overtime rules that were originally scheduled to go into effect on Dec. 1 have now been indefinitely postponed due to an injunction issued on Nov.22 by U.S. District Judge Amos Mazzant. These rules were set to nearly…

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overtime pay

5 considerations for startups grappling with new overtime rules

Editor’s note: This column was co-written by EBCFO founder Dan Schmidt and Mark Opara, a general business and corporate law attorney at Seigfreid Bingham. The authors’ opinions are theirs alone.   Low pay, long hours, and maybe some future benefits — it’s the startup way! In early stage companies, it’s a tradeoff of current pain…

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startup families

Startup life and your marriage: Dan Schmidt dives in

Editor’s Note: Dan and Gina Schmidt agreed to share their experience of how startup life has changed their relationship and family. Check in Thursday to hear Gina’s perspective. Opinions expressed this commentary are the author’s alone.   Being a husband, father and founder has stretched me in ways I never would have imagined.   At…

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Research on your startup’s crazy idea can yield cash

You know the feeling when you find $20 in your pocket that you forgot was there? Or have you seen the late-night infomercials about all the “found money” just sitting around waiting for you to claim it? It’s exciting stuff — the kind that makes your pulse race and your mind wander to the endless…

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Settle up with Uncle Sam early (and other tax tips for startups)

Whether it’s your first year of startup life or your twentieth, it’s a great feeling to wrap up the year on December 31 and see just how far you’ve come.  January starts off full of promise, and then you remember: You still need to settle up with Uncle Sam. To help put the final ribbon…

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