Equity is divided between the founders and the business begun.  Although this insight does not address this point of ignition, we should note in passing that things always change over time, and formerly strong founder-contributors can become a drag upon a business or loose interest if the enterprise is not quickly successful.  There are some rules.  MORE >>

                There is a relationship between time and money that is more complex than most managers think.  Fixed overhead for salaries, rent, equipment leases and more make up the majority of the “burn rate” (monthly expenses) for most companies.  Email readers continue here.] Time slipped; fixed overhead continued.  Surprise.  MORE >>

I am constantly surprised when speaking with entrepreneurs and CEO’s who act puzzled and a bit flustered when I ask, “So what is your mantra?  Tell me about your company in ten words or less.”  Almost every one begins a long explanation of their business that is nearly impossible to follow, let alone recall a few moments later. Positioning MORE >>

Who is responsible for the vision that drives the company? This is arguably the primary job of the CEO, with agreement from the board.  Many entrepreneurs after taking outside investment defer to their board for matters of direction that include setting the vision, as well as executing the plan. Email readers, continue here.]  MORE >>

There is a bit of the teacher in all of us, and a request for help is a natural trigger to bring this out.  And there should be an equal – if not stronger – bit of a student in each of us as well, allowing us to drop our egos a notch and actually ask for help when we need it.  Email readers.continue here.]  Who among us can’t use that? MORE >>