Culture
How Being Too Frugal Can Hurt Your Company
“We’re not spending money on voicemail!” Jack Gifford, the CEO of Maxim Integrated Products said. “We don’t need it!” Do you want to grow your business? Maybe I can help. Click here. Several other senior executives and I were meeting with Gifford and the subject of voicemail came up. Gifford’s negative response wasn’t a surprise…
Read MoreBuilding Trust Is Your Most Important Trait
“Whatever you do, never, ever lie,” I said to the large group of startup CEOs I was talking to. Then, I continued and said, “It’s much better to say, ‘I don’t know the answer. I’ll get back to you,’ then to lie.” [Do you want to grow your business? Maybe I can help. Click here.]…
Read MoreHow to Steal Netflix’s Company Culture in Six Easy Steps
“Good Artists Copy, Great Artists Steal” Pablo Picasso My company unabashedly stole our company culture from Netflix with a little bit of Zappos and Sandy Koufax thrown in. Do you want to grow your business? Maybe I can help. Click here. There. I’ve said it. We were thieves and robbers, but I’d like to think…
Read MoreWhat Are The Warning Signs Of A Bad Co-Founder?
Do you think it’s a good idea to propose marriage after your second date? Good, I didn’t think so. Do you want to grow your business? Maybe I can help. Click here. The best analogy for deciding on cofounders is dating. In fact, a cofounder relationship is more intense than a marriage: You’re working in…
Read MoreHow Should You Manage Your Remote Team?
I was talking with “Vikram”, a CEO I’ve been working with, the other day. Vikram commutes between the US and Bangalore, spending three months in the US, and then three months in India. [Do you want to grow your business? Maybe I can help. Click here.] When we spoke, Vikram had just spent time with…
Read MoreWhat You Need To Know About Reference Checks
I curled up on my bed in a fetal ball, sobbing. I kept repeating to myself: “What have I done?” “What have I done?” “What have I done?” Why was I crying? [Do you want to grow your business? Maybe I can help. Click here.] We had been raising money for over eighteen months at…
Read MoreAre You Being Appropriately Frugal And Why It’s So Important?
“I’ve founded three startups, and I’ve never had one that was profitable,” a friend of mine was telling me. You’d think he was a failure based on that statement. [Do you want to grow your business? Maybe I can help. Click here.] Not exactly. He sold his last company for $300 million. But my friend…
Read MoreDo You Need Patience To Run Your Company?
“You have the patience of Job,” Tucker, a potential investor in my company, said to me. Tucker and I were strategizing on how to close our funding, and I was walking him through my strategy. [Do you want to grow your business? Maybe I can help. Click here.] We had multiple problems to solve in…
Read MoreWhy Your Startup Culture Is The Key To Your Success
A good friend of mine just a joined a hot startup here in the Silicon Valley. The company is on fire. Plus, the startup culture is awesome. [Do you want to grow your business? Maybe I can help. Click here.] The executive team has previously been uber-successful. Revenue is getting near what I call escape…
Read MoreHow Do You Determine Your Salary As A Startup CEO?
“Here’s what we can afford to pay you,” I said to Greg, one of the best Analog IC design engineers in our industry. [Do you want to grow your business? Maybe I can help. Click here.] Greg was making $400,000 per year working part time at Maxim Integrated Products. I had known and worked with…
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