The three musketeers is best for co-founders…
Anyone starting a business with someone else will eventually have to tackle relative ownership and compensation questions. For some founders the answers are simple, but for most it is a sticky issue that creates a lot of stress and runs the risk of ruining both friendships and the business.
Sales, Sales, Sales…
“I don’t care how good of a manager you are…you can’t manage ZERO to a profit.” Jim Watkins
Just Do It….
Nike has made the phrase “Just Do It” famous. They started with the sports arena and now it is a part of the American English lexicon. It applies to business as well.
Bonus E-Book: “20 Productivity boosting methods for the positive mind”
Excerpt: “Without a clear focus, it’s too easy to buckle under to distractions. Set targets for every day beforehand. Decide what you’ll do; then do it. We often discuss our goals as if they’re nothing but dreams. Actually, we can accomplish goals on a daily basis. Daily goals contribute to weekly goals. Weekly goals add […]
Niche, Dominate and Repeat
One of my favorite phrases about successful startups came from a conversation with Jonathan Sides, former Daxko VP of Finance (now CFO with Fleetio), several years ago when he told me a bit about the Daxko story. He summarized their business strategy as “niche, dominate and repeat.”
BONUS E-Book: “Pricing Strategies…the Number Don’t Lie”
Excerpt: “So here’s rule number one. If you have a great premium product, don’t be afraid to bump the price up. You do not by any means have to beat a competitors price to be competitive, in fact, by putting your price up, it’s quite possible that you’ll outsell your cheaper competition. Why? Simple. Because […]
ESOPs…is it time to look?
Our main clients are closely held businesses (and their owners), so business and individual planning are often tied at the hip in our office. Often that means a business sale isn’t the ideal exit or retirement solution for our clients, so we look hard for tax advantaged strategies that (at a minimum) won’t hurt the […]
