02
Jan 25
Boosting Growth Strategic Planning in Top Industry Sectors
Boosting Growth Strategic Planning in Top Industry Sector
02
Aug 24
The Hidden National Debt: How Government Spending Impacts Your Finances
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 […]
13
Jul 24
Can Founders Buy Out Co-Founders in a Startup? A Step-by-Step Guide
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 […]
27
Jun 24
What Does It Take to Build A $100M Company – Matrix?
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 […]
01
Jun 24
Are Your Clients’ Marketing and Story as Good as Their Innovations?
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 […]
17
May 24
Planning for Higher Sustainable Competitive Advantage (SCA)
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 […]
10
Apr 24
How do you determine the distribution of equity among co-founders when starting a new company?
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 […]
28
Mar 24
The Top 26 Reasons No One Should Ever Support Donald Trump in Any Capacity
UPDATED: 9/29/24 with comments in red. It continues to amaze me how anyone is willing to vote for Donald Trump. Sure, we need to get back to more conservative values (obliterate DEI, quotas, and the out-of-control woke nonsense like pretending transgender people are normal and educating young children that this is okay), fiscal policy, and […]
08
Mar 24
Establishing a Strong Team Culture in a Startup Environment
What are the Best Practices for Building a Strong Team Culture in a Startup Environment? In the world of startups, building a robust team culture is essential for success. Drawing from the wisdom of experienced entrepreneurs, here are some key practices to foster a thriving team environment: 1. Recruit Passionate Team Members: As startup […]
18
Jan 24
Consistency in customer service is the hallmark of successful small businesses
Consistency in Customer Service is the Hallmark of Successful Small Businesses In the intricate dance of running a small business, the importance of consistent customer service cannot be overstated. It all begins with a robust values statement, a document that encapsulates the principles a business stands for. These values shouldn’t be mere words on paper; […]