Raising money, particularly in a VC round with outsiders planning to join a startup’s Board of Directors, is often a founder’s first real introduction to corporate governance. A Board of Directors – the head governing body of a classically structured startup – approves all of a company’s most important decisions (including hiring/firing executives). Boards have […]
A look at specific facts on demographic changes over the past few years, and what they mean for some of the major business segments out there today.
What happens when millions of e-commerce stores are fighting to get discovered on only three primary websites (Amazon, Google, and Facebook) where consumers are looking for potential shopping solutions?
Twenty years ago, the economy was in good shape, the manufacturing industry was booming, and the unemployment rate was closer to 5 percent than 10 percent. The same can’t be said now. And unfortunately, it doesn’t look like there are going to be any drastic changes in the near future. A major skilled labor shortage exists, […]
If you are a business professional or owner today, success is more and more about relationships. People relationships are the key to career growth, more than results, and customer relationships build brands, rather than the other way around. In this era of communication overload with many misleading messages, we have learned to count first on […]
As a CEO of a large organization that has grown quickly (from zero to $200 million+), I have a lot of POVs on leadership strategies that lead to strong internal culture and business results.
Meetings can feel like a waste of time, and sometimes, unfortunately, they are. Ineffective meetings plague many organizations. Perhaps, at one time or another, meetings served a practical purpose and added value to everyone involved. Somewhere along the line, however, they just became a standing commitment that no one challenged
Bill Gross, (not the bond-fund manager) the founder of Idealab in Pasadena, CA, the first incubator/accelerator, before YCombinator and Techstars wanted to find out. So, he did a survey. He wanted to determine which of these five elements played the most significant role in start-up success: idea, team, business model, funding, and timing. He looked […]
Traditionally, you just worried about the quality of the sales transaction (price, speed, service), but the “customer experience” now includes ease of pre-sale shopping, post-sale support, with a connected relationship throughout.
Everyone talks about starting companies — yet no one ever tells us how to shut them down. That’s because by the time startups go into this dark, hazy abyss called “shut down” mode, things get really quiet. We stop hearing from Founders, investors start talking about other “hot new investments,” and the media has moved […]