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Category Archives: Depending upon others
Would you pay a high achiever more than yourself?
[wdm_image_effects effect=”no_effect” animation=”diving” shape=”no_shape” color=”#000″ social=”” title=”MONEY” description=”MONEY” id=”3145″ show=”hover” counter=”0″ size=”large”/] 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 … Continue reading
Careful about equity and options in early stage businesses
[wdm_image_effects effect=”no_effect” animation=”slideInDown” shape=”no_shape” color=”#000″ social=”” title=”.” description=”.” id=”3137″ show=”hover” counter=”0″ size=”medium”/] This post is longer than usual. For those negotiating equity allocations it covers some of the most complex issues to address in the process. I just couldn’t reduce … Continue reading
Fire fast, not last.
[wdm_image_effects effect=”effectc1″ animation=”fadeIn” shape=”no_shape” color=”#000″ social=”” title=”.” description=”.” id=”3127″ show=”hover” counter=”0″ size=”medium”/] 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 … Continue reading
Hire as if your survival depends upon it.
Aside from visionary management, this is your most important job. [wdm_image_effects effect=”effectc1″ animation=”diving” shape=”no_shape” color=”#000″ social=”” title=”.” description=”.” id=”3122″ show=”hover” counter=”0″ size=”medium”/] Many of us go through the motions of hiring to fill a position, trying to use our intuition … Continue reading
Posted in Depending upon others, Growth!
2 Comments
Are you mentally equipped to depend upon others?
[wdm_image_effects effect=”effectc1″ animation=”zoomIn” shape=”no_shape” color=”#000″ social=”” title=”.” description=”.” id=”3116″ show=”hover” counter=”0″ size=”medium”/] I guarantee that there comes a time when growing businesses outgrow the original span of control of the entrepreneur. It is a critical period, and is a test … Continue reading
Posted in Depending upon others
5 Comments
There’s no second chance to create first quality.
[wdm_image_effects effect=”no_effect” animation=”diving” shape=”no_shape” color=”#000″ social=”” title=”qualityfir” description=”qualityfirst” id=”3080″ show=”hover” counter=”0″ size=”medium”/] Let me illustrate this insight with a personal story. As my enterprise computer software company which produced innovative lodging systems for hotels and resorts grew quickly, we found … Continue reading
What do you give up when taking outside investors?
Taking in angel or venture money requires a setting of an entrepreneur’s expectations that may come as a shock at least at first. From the moment such an investor looks seriously at your company, the investor or VC partner is … Continue reading
Posted in Depending upon others, Raising money
1 Comment
Do you think you are flexible and coachable?
As an early stage investor, the first test for me is whether “my” entrepreneur is flexible in both the plan and execution of his or her vision (since from experience almost everything about a business plan changes over time), and … Continue reading
Five ways we are surviving long term
Dave’s note: This week we invite long-time CEO of Quicksilver Software to respond to our question: “How have you remained relevant in the gaming software business over so many years?” He and his company have worked in the video game … Continue reading
A simple test: “Are we managing like jerks?”
Are we who issue orders to associates or employees ever acting as jerks? We’d never like to think so, or we wouldn’t do it in the first place. If someone is saying “This is confusing to me” when you’ve given … Continue reading
