According to Fortune.com article Transitioning from a start-up to growth-stage Company written by Glenn Soloman there are four stages to a company as they move into the growth phase. A start-up will move through these and possibly more stages as they hit their growth spurt....
According to Noam Wasserman’s book The Founder’s Dilemmas… “To Survive and grow, start-ups need human capital, social capital, and financial capital. Core founders who lack any of these three often try to attract co-founders or hire employees who can provide what is missing. Sometimes that works....
Keeping your A-level employees happy requires two simultaneous approaches. The first is to address the needs of the employee directly and two is to address the skill sets of the management. By doing both they can help ensure that top performs excel while ultimately helping...
The human element is key to any business’ success and growth. Hiring the right (or wrong) people can have a major impact on the long term success of a company. According to Noam Wasserman’s The Founder’s Dilemmas here are some of the dilemmas in the...
In an effort to continue to improve customer service and to help learn about future needs of individuals, families and businesses, we welcome you to complete a very short (2 minutes) survey. It is completely confidential. Should you be interested, I am raffling off a...
Skills you CAN teach: According to Inc. article “Train Employees to be Exceptional: 5 Rules” companies spend billions of dollars a year on training. Much of that training is wasted effort according to sales guru Duane Sparks. Here is his list of training principles: Teach Skills not...
When your company is a small start-up organization it may not matter if you are called the “owner” or “president” or “CEO” or even “Chief bottle washer” (I jest). However, with time and company growth the company title does make a difference. According to The...
When forming an employment team you have a lot of decisions to make. For the big picture view of where those future team members can come from I look to The Founder’s Dilemma. The author states that “Core founders have many options for where to...
The author of The Founder’s Dilemmas proposes two forms of capital that each entrepreneur must take into consideration. 1) Social Capital consists of the following potential business connections: Employees – hiring the A+ talent with industry specific experience Customers- companies or people ready hire and your organization Advisors-also known...
Whenever a business professional sits upon the notion of starting up their own business, they must take into consideration some large “big picture” concepts. Not only do they need to develop a new product or service idea, they also need to decide how to structure...
