-
Search this blog
Archives
-
Recent Posts
- Should board members be elected “for life?”
- Fight for balance on your board!
- Your need for a board grows with complexity.
- Your board should protect you!
- Hire a consultant; ignore the advice!
- How to cheat legally on your tax return.
- Do you really need an accountant?
- Can your lawyer destroy a good business deal?
Categories
Category Archives: Hedging against downturns
Decoding and learning from a business failure
Have you experienced a business failure? Are you currently at risk due to events you cannot control? Not all companies are successful. Your end game could be a failure of the business. In fact, many angel investors or venture capitalists … Continue reading
Do you even know what questions to ask?
Great executives and managers seem to intuitively know what they don’t know. But it is not at all uncommon to not even know what questions to ask. Who would have thought about COVID 19 and public’s panic responses? One week … Continue reading
Let’s talk about your banking relationship
The warning is real You’ve heard the old one – that a banker always seems willing to offer a loan when you don’t need it. For small businesses, there is such truth in that statement that you can trust the … Continue reading
How much do you spend on R&D? Is it enough?
Why do profitable, mature businesses die away? One of the most obvious reasons mature businesses die away – when we look in the rear view mirror – is that they did not spend to renew their product or service when … Continue reading
Have you experienced your “Every Three-Million Dollar Crisis?”
Here is a phenomenon I discovered over time when dealing with many small start-ups in their early revenue period. A very predictable series of rotating crises seemed to befall most every one of these young companies. These became so predictable … Continue reading
So, what if you run out of money?
Money in the bank is like oil in the car. Certainly, you have many ways you are pulled every day, both tactical and strategic. But when money is the issue, your time, energy and focus are drained from other important … Continue reading
Avoid “The tyranny of the new office” syndrome.
[wdm_image_effects effect=”no_effect” animation=”bounce” shape=”no_shape” color=”#000″ social=”” title=”new-office” description=”new-office” id=”3210″ show=”hover” counter=”0″ size=”medium”/] One of the most obvious observations I make with growing company CEO’s is that planning for a new office is done with an optimistic view of the future, … Continue reading
Sign short term leases early on. Move as you grow.
[wdm_image_effects effect=”no_effect” animation=”zoomIn” shape=”no_shape” color=”#000″ social=”” title=”avoid-LT-c” description=”avoid-LT-commitments” id=”3205″ show=”hover” counter=”0″ size=”medium”/] Avoid long-term commitments. It is statistically true that at least half of the young companies funded by angel or venture investors will not survive three years from funding … Continue reading
Posted in Growth!, Hedging against downturns
1 Comment
Are you uncomfortable with home-based workers?
Do home-based employees work with the same dedication and productivity as those in office cubicles next to each other? That depends upon the management as much as the employee. I have a friend who is a CEO of a recruiting … Continue reading
Are you ready to take on an office lease?
Rent your first office with caution. Several years ago, I became involved with a Southeast Asian company looking to expand into the United States. During the discussions with the CEO about hiring North American managers, he made it clear that … Continue reading
Posted in Hedging against downturns
Leave a comment
