What Are The Secrets To Building A 10X Engineering Team?

The first presentation I did about my company for the venture capital fund where I was an Entrepreneur in Residence (EIR) was titled, “Where are the engineers?.” The point I was trying to drive home to the partnership was simple: The success or failure of my company would rest on our ability to recruit elite…

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How Do You Keep Your Company On The Right Track?

I think of all the questions you have when you’re starting out, the biggest question (and worry) you have is are you on the right track? Unless you get instant success, and instant traction and instant growth, your faith is shaken more by are you on the right track than anything else. Do you want…

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When Do You Know It’s Time To Fire Your Co-Founder?

I was driving back from lunch with “Ken”, my co-founder and VP Sales. We had just had our third heart to heart about Ken’s poor performance. [Do you want to grow your business? Maybe I can help. Click here.] Ken and I had known each other for over twenty years. We were friends. Our wives were…

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What Are The Biggest Enemies Of Success?

“WHERE DID I GO WRONG?” Micrel’s  CEO, “Bob”,  asked the question to the assembled team of minions, but he was really asking the question to himself. I was one of those minions. In fact, Bob was asking the question in response to a presentation I gave about how to fix the division I was running.…

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Why You Shouldn’t Hire Engineers That Are Jerks

No matter how good you think they might be, don’t do it! “Why are we interviewing this guy?” I asked Jeroen, our VP Engineering. “Look at his resume, he’s bounced from one company to the next.” [Do you want to grow your business? Maybe I  can help. Click here.] “’Terry’s’ a really talented engineer,” Jeroen…

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How Should You Handle Desperation?

“I think we should shut down the company,” “Raul”, one of our two investors, said to me during our board meeting. [Do you want to grow your business? Maybe I can help. Click here.] We were in the middle of raising our Series B funding, and we already had one term sheet in hand. Raul…

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When Should You Be Fired If You’re The CEO?

My wife was working at a start-up about ten years ago, and the company was doing really, really well. Revenue and customers were growing exponentially. Do you want to grow your business? Maybe I can help. Click here. The CEO was a brilliant and charismatic leader. The management team was strong. It looked like everyone…

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What’s The Best Use Of Your Excess Cash?

“If you give a startup $1 million, they’ll find a way to spend it,” my friend and VC, Dave said to me early on in my company’s life. Then he delivered the punch line. “If you give a startup $10 million, they’ll find a way to spend that too!” [Do you want to grow your…

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Why Trying To Limit Your Investors Ownership Doesn’t Matter

One of the greatest lines in movie history was said in the classic, All The President’s Men. The line is, “Follow the money.” Do you want to grow your business? Maybe I can help. Click here. The idea was that if you traced the trail of money, you would find out who was behind the Watergate break-in.…

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