I’m going to let you in on a secret. The key to developing accurate financial models has nothing to do with your ability to understand financial planning or business plans. The key to accurate financial models rests on your ability to launch your products on schedule. I’ll explain why later. [Do you want to grow…
“I want you to be on the board,” “Ray” said to me. “That way you can help me deal with the two crazies I have (on the board).” [Do you want to grow your business? Maybe I can help. Click here.] I really would have preferred staying behind the scenes advising Ray. I believed in what…
How many times have you heard someone say, “I have great instincts.” And yet, from your experience, the person makes bad decision after bad decision. The challenge is you have to rely a huge amount on your instincts when you’re building your startup. In this short video, I’ll teach you the right way to use…
“Here’s the offer we’re giving you,” the CEO said to me. Then he told me what the equity and salary would be. “What do you think?” The CEO asked me. [Do you want to grow your business? Maybe I can help. Click here.] “I’ll give it some thought,” I said. “But my initial response is…
It’s an age old problem. You just started your company and you don’t have any money to pay the top talent you want to hire. I don’t have any magic tricks to sell you in this short video, but I do have reality. I’ll share with you the approach we took to bring on top…
Losing customers can be a disaster when you’re just starting your company. Therefore, increasing your customer retention and reducing churn should be a high priority item. But, sadly that’s where the story ends for too many startup CEOs. That’s why I’m showing you three simple and smart ways you can reduce your customer churn in…
“I don’t care about the number of customers we have, I care about revenue!” “Raul,” one of our investors, screamed at me during the closed session of one of our board meetings. I had just finished showing the growth in our customers. [Do you want to grow your business? Maybe I can help. Click here.]…
You’ll get a lot of advice when you start your company. Some people will tell you to focus on building your team. Others will tell you to focus on getting your go to market strategy right. There’s nothing wrong with that advice. But there’s one thing you should focus on, above everything else, that will…
Oh, the giddy early days. I remember them well. The air is full of hope and promise. You and your cofounders are going to get along great. You’ll execute your vision effortlessly. And they’ll be so many customers that you will have trouble keeping up. Think again. [Do you want to grow your business? Maybe…
Years ago, when I was an Entrepreneur in Residence at a San Francisco based venture capital fund, Dave, the partner I worked with, and I met with the CEO of a semiconductor company looking for Series B funding. I knew the CEO and I knew the space really well which was why I was in…