Keeping your perspective that your venture is but one part of a larger, more complex market is essential to success. Understanding your company’s position and value in the supply chain allows you to make the correct decisions about what power you have in a...
“Stop this company before you develop its product – you have already wrecked your equity allocation and cap table with your handshake deals. Find another company to build.” (He did.) “This is a fine company but it is a “back-bedroom” lifestyle business. It will make...
There was a repeated focus on capital control by entrepreneurs at Digital Hollywood’s Venture Capital panel in Los Angeles which I chaired a couple of weeks ago http://bit.ly/cpbI4w . Trends still tight Economic trends are still tight for entrepreneurs, and also for...
“If A equals success, then the formula is: A=X+Y+Z. X is work. Y is play. Z is keep your mouth shut.” Albert Einstein I love this quote. It doesn’t, of course, offer any mathematical values to X or Y or Z, but it could imply that they come in equal measures. The...
I was working with one of my favorite clients the other day, when I heard myself tell him, “Absolutely – your must be trustworthy, your must offer full disclosure, and never let anyone darken your reputation – you know, loyal, helpful, kind – all that.” I realized...
I was thinking about money and freedom when I heard an NPR interview with Merle Haggard, the country music legend, now 72, talking to NPR’s Steve Inskeep about hopping freight trains in his youth. http://n.pr/aedMlf “I rode a freight from Oregon back to Bakersfield...
Employees and consultants face the tough decision of continuing to work with a company that is struggling or failing, or returning to a highly troubled job market in this jobless so-called recovery. Employees face reduced pay and increased work load. One V.P. of...
Think of all those ads about taking your new wireless electronics to the beach and the mountains and far-away remote places filled with slow-moving life. You can have peace and quiet and still be connected. Well, not really. Maybe if your beach or mountain is within a...
This past week I’ve been contemplating corruption. And capitalism. And where the line is drawn that divides the two. I am a good capitalist, American style. Having lived all over the world, I returned to the U.S. to start my consulting practice many years ago, because...
I once “watched” Steve Jobs pursue my close friend when he wanted to hire her. He was an unrelenting suitor. He was charming and forthright. Once he had her leaning towards saying “yes,” he set out to woo her husband to support the move. I watched his campaign from...