Unlock Your Full Potential, Game-Changing Strategic Wisdom from the World’s Top Thinkers Some insightful quotes on strategic planning from renowned strategy experts worth pondering: “The essence of strategy is choosing what not to do.” — Michael Porter “Greatness is not a function of circumstance. Greatness, it turns out, is largely a matter of conscious […]
Here is an article in Inc. about the “best” management style. It shows why you can never trust journalists to offer advice on complex “arts” like management, as opposed to simple skills. https://www.inc.com/jessica-stillman/what-is-best-leadership-style-100s-studies-adam-grant-give-exact-same-answer.html It is 100% wrong for most circumstances yet claims to cite “139 studies.”. Yikes! Journalists are 100% wrong on leadership and management […]
Why don’t more tech companies take on debt instead of venture capital? The correct answer is “They cannot”. Banks do not lend to high-risk ventures. Their interest rates cannot support the 80% failure rate the venture capitalists get in selecting companies. Any bank that did this would be out of business very quickly. Banks lend […]
Our government is spending around 50% of the gross revenue of the country. The real national debt, including the costs of social security, Medicare and Medicaid, is now at $217 trillion in unfunded liabilities. Not the $36 trillion congress pretends is the “debt”. The books are cooked. See https://usdebtclock.org/ on the bottom right. This is […]
Of course. Agree on a price (the hardest part) Write a check and both sign a transfer agreement to put in the company’s board of Director minutes Change the company cap table and ownership name Of course, this is not always easy, as usually the departing founder wants way more than the shares are worth […]
And beat the odds that only 1 in 6,300 will reach this level of annual sales. The attached diagram shows the skills, systems and experience needed on that team. Each cell would take at least 5 years’ experience to acquire and master that skill area. So, we are looking at 100 years of experience cumulative […]
I’m reposting this image because it is great stuff. We “buy on emotion”, more than logic and remember by stories. Ten million years of evolution created our human ability to remember PERSONALITIES. Good versus bad. A brand is just a company personified. And a story is a collection of personalities made memorable. But to truly […]
Planning for Higher Sustainable Competitive Advantage (SCA) I find that pitch decks to investors fail to articulate how they will maintain a market lead and build barriers to entry around their business over time, as more competitors emerge. We teach 17 ways to increase SCA at The CEO Boot Camp and in our scaling consulting […]
How do you determine the distribution of equity among co-founders when starting a new company? There are many factors, and it is too complex to offer a standard answer. You need to hire a consultant that is a CEO/Founder with lots of experience to discuss things for 1–2 hours. One way around this is to […]