What Is The Most Likely Regret You’ll Have If You Sell Your Company?
What Is The Most Likely Regret You’ll Have If You Sell Your Company? By Brett Fox Selling your company is like a dream come true. Finally, after all your years of hard work, you get to reap the rewards. However, you need to think things though before you pull the trigger on selling your company.…
How Do You Raise Money When You’re (Almost) Out Of Money?
How Do You Raise Money When You’re Out Of Money? By Brett Fox You know the saying about how water seems to go down the drain quicker when there’s almost none left? Well that’s how it feels with time when you’re almost out of money. Everything feels like it’s accelerating. So what do you if…
Why You Shouldn’t Offshore Your Development
I was presenting an update of our progress to one of our investors. The partners seemed happy with the progress we were making. One of the partners said to me, “Why don’t you build a team in India? It will be cheaper than continuing to hire here in the Valley.” I smiled, and I politely…
What Is The Biggest Management Mistake You’ve Ever Made?
I blew it. The voice in the back of my head was arguing with itself. On the one hand it was saying, “Don’t hire ‘Tom’. There’s something wrong with him.” On the other hand, the voice was saying, “Brett, you need help in this area. You should hire Tom. He’s got a wealth of experience.…
What Are Three Ways You Know Your Company Is In Trouble?
What Are Three Ways You Know Your Company Is Failing? By Brett Fox When you look at a lot of businesses like I do, you can easily spot the good businesses from the bad businesses. There are three consistent things I see in every failing business I come upon. I’ll explain what they are, and…
What Are Three Ways You Can Lose Your Customers?
“I’d like a tall decaf and a jade citrus mint tea,” I said. The coffee is for me, and the tea is for Blossom. “I’m sorry, but we’re out of filters. Will an americano be okay instead?” “Yes, it will,” I answered. [Do you want to grow your business? Maybe I can help. Click here.]…
Why You Need To Work Fast AND Precisely As A Startup CEO
“What’s wrong?” I asked Jeroen, my cofounder and VP Engineering. “I don’t know,” he said. He looked confused at the results we were looking at. We had just gotten the wafers back for our first product and the results were not what we expected. “Something’s probably not connected right to probe the wafers,” I said…
What Are The Five Things You Need To Do When Your Business Is Failing?
What Are The Five Things You Need To Do When Your Business Is Failing? By Brett Fox When your business is failing, it feels like time is actually going faster. And that’s when you can make bad decisions that cause you to fail faster. I’ll give you five things you should do right now if…
What Are The Three Traits You Need As An Entrepreneur?
What Are The Three Traits You Need As An Entrepreneur? By Brett Fox I’ve worked with a lot of entrepreneurs. And every successful entrepreneur I’ve worked with has had three key traits. I’ll explain what these traits are (the third one will surprise you) and why they are so important in today’s video. Do…
What Is The Best Way To Keep People From Stealing Your Ideas?
“I was meeting with your ex-partners,” Mike said to me. “Their slide deck seemed the exact same as yours. I was waiting for the inverted triangle then, sure enough, there it was.” Mike was telling me about meeting with “Jim” and “John”. Jim and John were the two original cofounders of my company. Right before…