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What Do You Tell Investors When A Co-Founder Quits?
“What’s your plan?” That’s what “Raul”, one of our two large investors, asked me after I let him know that I was going to fire “Randy”, one of my co-founders. Yes, he also asked my why I was firing Randy. I’ll get back to that later. Do you want to grow your business? Maybe I…
Read More5 Fatal Decisions You Don’t Want To Make
I walked into the office space, and there was no one there. It was just a bunch of empty cubicles. The space was dimly lit, and the ceilings were low. Do you want to grow your business? Maybe I can help. Click here. “My god, this space is depressing,” I said to my co-founder “Randy”.…
Read MoreShould You Ask An Advisor To Invest?
“I would like you to invest $50,000 in my startup,” “Peter” said to me. Do you want to grow your business? Maybe I can help. Click here. Peter and I had been introduced a few weeks earlier, and I’d met with him a couple of times. I really liked what Peter was doing, and I…
Read More7 Survival Tips For Startup CEOs
“Hey Brett. Congrats on getting your company funded. I’ve heard the horror stories, and I was just wondering how many hours you’re working?” Kent asked me in an email. The horror stories of founders working 100 hours week on end are commonplace. The reality, or at least my reality, was different. [Do you want to…
Read MoreDo You Need A CTO To Get Funding?
“I like you, Brett. And I really like what you’re (company is) doing,” Jack, the Venture Capitalist, said to me. “However, I think I’ll wait until you have a VP Engineering before I invest.” Do you want to grow your business? Maybe I can help. Click here. In my pitch I had been upfront with…
Read MoreWhat Are The Signs You’ve Chosen A Bad Co-Founder?
If there’s one thing I am an expert in, it’s bad co-founders. After all, the first two teams of co-founders I tried to start my company with didn’t work out. Do you want to grow your business? Maybe I can help. Click here. There were “Jim” and “John”, my first two co-founders. We worked together…
Read MoreThe Three Largest Mistakes You’ll Make
“I run out of money in April,” “Steve” said to me. “I think we’re going to add three new customers this month and I can get to ten new customers with my contacts…” Do you want to grow your business? Maybe I can help. Click here. “So you’ve got four months of runway left,” I…
Read MoreWhat’s The Best Way To Manage Your Cash?
“We have to ask ourselves the question, Are we going to be a company that spends freely, or are we going to be a company that manages its money well?” I said to the executive staff in our weekly staff meeting. Do you want to grow your business? Maybe I can help. Click here. We…
Read MoreWhat Are The 11 Steps You Can Take When A Cofounder Quits?
I started my company with two co-founders: “Jim” and “John”. I was the CEO, Jim was the marketing guy, and John was the engineering guy. My two co-founders and I had worked together previously. We understood the plan and direction we were going in. We started pitching VCs after working on the plan for about…
Read MoreHow Visible To Your Team Should You Be?
One of the smartest things I ever did as CEO was practice, “Management by walking around.” The idea is really simple. You, the CEO, walk around your office, facility, or manufacturing site and talk to anyone you come in contact with. Do you want to grow your business? Maybe I can help. Click here. I…
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