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- 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!
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- Do you really need an accountant?
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Author Archives: Dave Berkus
What are the costs of taking investor money?
Let’s talk about the reality of taking money from professional investors. It is not the first time we’ve covered this general subject nor the last. But this time, we concentrate upon governance changes. After friends and family… Once a company … Continue reading
Posted in Raising money
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Do you need an advisory board?
Have you ever thought of creating an advisory board? As you can guess, that would be an informal group with no legal responsibilities, but one able to be called upon to act as business, industry and scientific advisors to the … Continue reading
Posted in Growth!, Surrounding yourself with talent
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Do you even need a business coach?
Everyone, even seasoned CEO’s can use a good coach who knows how to bring out the best in a person, is knowledgeable about the business process, and who has an extended list of relationships to call upon to fill needs … Continue reading
Should you be optimistic about your corporate growth?
Planning for future space needs after COVID. 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, incorporating planned space that compromises … Continue reading
If you must lease an office, make it a short one!
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 to demise, and more than that percentage will die with two years if … Continue reading
What’s your answer? Are remote workers productive?
We’ve been measuring & disagreeing since COVID. 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 … Continue reading
Would you commit to an office lease today?
Always true: Rent your first, next, or continuing office with caution. Several years ago and before COVID’s changes, I became involved with a Southeast Asian company looking to expand into the United States. During the discussions with the CEO about … Continue reading
How to make a small problem into a big one.
Allowing small problems to escalate into big ones is simple. Just ignore the signs for long enough and the job is done. It takes far more energy to regularly review the key performance indicators you’ve established for each individual and … Continue reading
Do employees value their options as ownership?
How about employees all the way down the line and through the corporation? How do we align them to the goals and strategies of the enterprise? Obviously for the appropriate individuals, a bonus program aligned to the department’s goals is … Continue reading
Stock options or more cash?
What if employee candidates ask for the moon? In 1981, Herb Cohen wrote and published “You Can Negotiate Anything”, an excellent guide to great negotiating. I’ve read and reread the book a number of times and find myself using the … Continue reading
