Category Archives: Surrounding yourself with talent

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

Posted in Depending upon others, Surrounding yourself with talent | Leave a comment

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

Posted in Depending upon others, Surrounding yourself with talent | 2 Comments

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

Posted in Surrounding yourself with talent | Leave a comment

Would you pay a high achiever more than yourself?

Here’s a case study for yourself: Recently I was asked to review an offer letter for a senior director of business development. The CEO was concerned that he was offering far too much in the form of incentive compensation, with … Continue reading

Posted in Depending upon others, Growth!, Surrounding yourself with talent | Leave a comment

Be careful about equity and options!

Here is the warning: The execution of equity allocations and of a good incentive program using equity is often mismanaged, damaging the corporate capitalization structure and even affecting the outcome of subsequent investment into the company. … and here is … Continue reading

Posted in Depending upon others, Ignition! Starting up, Surrounding yourself with talent | Leave a comment

Why we should fire fast, not last!

Our first reaction to marginal performance. Here is one that takes a real leap for a younger manager or CEO to believe.  After hiring someone with all the attendant enthusiasm followed by the training and learning curve, if an employee … Continue reading

Posted in Depending upon others, Protecting the business, Surrounding yourself with talent | 1 Comment

Hire as if your survival depends upon it.

Aside from visionary management, this is your most important job. Many of us go through the motions of hiring to fill a position, trying to use our intuition and skills to find the best candidate for the job.  Sometimes we … Continue reading

Posted in Depending upon others, Surrounding yourself with talent | Leave a comment

Are you still flexible enough to be coached?

Why should we ask this question? As an early-stage investor, the first test for me is whether “my” entrepreneur is flexible in both the plan and execution of their vision (since from experience almost everything about a business plan changes … Continue reading

Posted in Surrounding yourself with talent | Leave a comment

About personal use of corporate assets

Here’s the IRS take on the issue: It is no secret that the IRS carefully looks below the surface for personal use of company assets (including cash) in its corporate income tax audits.  This insight addresses more the impact of … Continue reading

Posted in General, Hedging against downturns, Protecting the business, Surrounding yourself with talent | 1 Comment

Is your strategic partnership just a glorified press release?

Celebrating that strategic partnership Many of us make it a priority to find and partner with companies that can add to our offering or extend our reach.  And we rightly celebrate each such pairing, often with a mutual press release. … Continue reading

Posted in Depending upon others, Surrounding yourself with talent | 1 Comment