Forgive a tech veteran’s nostalgia, but today I was reminded of how technology, over time, changes the world bit by bit (sorry, no pun intended). Back in early 1984, Steve Jobs released a new personal computer, the Macintosh, a “computer for the rest of us.” Talk back...
Consultants like to get things right, and this often leads them to lose their Zen distance in relation to their client’s and their clients’ teams, and so to over-commit their time and effort beyond their (compensated) scope of work. This is one of the easiest ways to...
Now, we all know that once anything is on the Internet, it may pass from view, but it never dies. I heard on Marketplace the other day that banks and insurance companies are searching our social networks to see if we drink or skydive, in order to set our risk profile...
A strange effect takes hold when you are underemployed: your idea of your value can weaken. This context can take hold if you are a consultant or an ex-employee. This context is more complex than just the erosion of your self-esteem. In fact, your self-esteem may be...
“I’m not going to work this hard for a lousy nickel million.” My client was 27 when he said this. “So? What’s your number? How much wealth does it take for you to work this hard?” “$20 million.” “Before or after taxes?” I ask. “After taxes,” he says. “O.k.” I...
Congratulations to iSuppli not only on its strategic sale to IHS for $95M last week http://bit.ly/blcJdL, but for creating a company of value and excellence despite the dot com bust, the 2001 economic crash, and the 2008 Great Recession. The first year (1999), when we...
For the entrepreneur, due diligence should be early and thorough: at the beginning of capital investment, while building the company, and at the end-game moment of sale. Yes, early and thorough, and not only at the moment of sale. I want to continue our thinking here...
Creative work holds an inherent risk of overwork for underpay (that is, no margin, no profit) if you do not control your client’s behavior in your contract. Say you are proposing to deliver a creative work – perhaps a story bible for an online game, a webisode, a...
Creating wealth for founders and early investors involves careful planning during the formation of your company and your technology. Strategies for both intellectual property design and the development of channel partners for reselling should be considered. The design...
Capital strategy, alternative revenue streams and IP to create that revenue are all topics most early stage CEOs omit when starting their businesses, to their later regret. CEOs know they must raise capital at some point, but they don’t actually engage in the...