For those of us in startups, opening up Twitter means seeing at least 1 or 2 funding announcements every couple hours. And the congratulations and retweets roll in, if you are any good, journalists and bloggers need a piece of you too. But the fanfare and...
Building Compensation Package: Startup Equity Compensation Framework 2.0
Let me start by saying that building a total compensation package is HARD! This is an extremely important component of business planning, but many executives end up “winging” it. Instead of taking time to do the math and some modeling, we just slap something together...
5 Rules for Avoiding the Need to Cut Costs
“Cutting costs” has been the buzz phrase for the last decade or so. In some cases, companies got drunk on cheap money and plentiful investors, and in others the unchecked management flaws of greed and vanity led to company bloat. Whatever the root cause, we seem to be...
Doing collections the startup way!
Doing collections rates in the top 3 of the most undesirable duties for anyone on my Team Operations, but there are ways to minimize the pain. The best way to do so is by implementing discipline and good Accounts Receivable (AR) hygiene. Here are some of my...