Is It Worth Starting A Company When You’ve Just Graduated College?
Is It Worth Starting A Company When You’ve Just Graduated College? By Brett Fox My Dad gave me some great advice when I was graduating college. He told me to take my chances when I was young. And, as I fast-forward ahead ten years to when my daughter will be graduating college, I wonder what…
What Is The Best Way To Keep Your Equity As You Raise Funding?
What Is The Best Way To Keep Your Equity As You Raise Funding? By Brett Fox I’ll never forget one of our investors saying to me, “There’s a certain percentage ownership you’re going to end up with, and there’s a certain percentage ownership we’re going to end up with. “The rest of it doesn’t matter.”…
How Do You Build A Great Founding Team?
How Do You Build A Great Founding Team? By Brett Fox The average age of the engineering team at my company was 44 years old. The engineering averaged 20 years of experience per engineer, and the engineers on average had 10 patents. The team, by industry standards, was considered elite. Now, I assume you want…
Do You Need A Technical Background As CEO Of A Technology Company?
There is a one-word answer for why so many former engineers are now CEOs of technology companies. And that one-word answer is: Respect. Simply put, being an engineer running a technology company gives you some tremendous advantages: A. You engineering team will be more likely to respect you. Engineers like working with people that understand…
Why Is Paying Yourself A Living Wage As CEO So Important?
You work really hard for years building your company. And you’re burning through your savings as you build your company. Finally, finally you get your company to cash flow positive. [Do you want to grow your business? Maybe I can help. Click here.] “Thank goodness,” you say to yourself. “We’re finally free of needing more…
What Skills Should You Learn As An Entrepreneur?
What Skills Should You Learn As An Entrepreneur? By Brett Fox Someone just messaged me this: “Hey Brett, I’m just about to start a company. What do I need to know to be successful?” Here’s my answer: I don’t know whether these are learned skills or traits you are born with, but these are the…
What Is The One Personality Trait Stops You From Working With Someone?
What Is The One Personality Trait That Prevents You From Working With Someone? By Brett Fox “I don’t understand why your cash position is going down,” I said to the CEO “James”. We were going through our bi-weekly review of his company. The revenue was growing, and the company should have been cash flow positive.…
What Is The Best Way To Get Introduced To Potential Investors?
What Is The Best Way To Get Introduced To Potential Investors? By Brett Fox I’m sorry, but it’s very rare that investors are going to come to you. You can try sitting back and waiting, but I certainly wouldn’t advise that approach. I can only tell you what I did which was the old fashioned…
What Is The One And Only Key To Being A Great CEO?
I’ve come to a conclusion in the past few weeks. It’s a stunner. At least to me it is. What’s my conclusion you ask? [Do you want to grow your business? Maybe I can help. Click here.] I’ve concluded that I’m a horrible manager. Maybe even the worst manager ever. Okay. Maybe horrible is too…
What Key Performance Goals Should You Set?
What Key Performance Goals Should I Set? By Brett Fox Congratulations. You’ve just started your company. You and your team are excited and ready to go. You have a grand vision for disrupting your industry and becoming a big success. When you close your eyes, you can see your future company thriving. There’s just…