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Partners and Boards
Bootstrapping is the New Black
July 6, 2013
There’s a Lot Going on in Connecticut. In my work, I see a lot of companies looking for investment. At the AIF (Angel Investor Forum) where I’m president, we screen a few hundred companies per year, ask a couple dozen…
Information & Communication, Work Flows
Entrepreneurs are NOT control freaks. Are we?
June 4, 2013
No question entrepreneurs have a hard time giving up authority, or letting go. Check out this article by Jason Fried of 37 Signals. You often hear business owners say things like “No one can do it as well as I…
CEO Mindset
Why you can’t learn to be Successful by studying Successful People
May 28, 2013
Talk to people who’ve been married a long time about why their marriages last and you’ll hear that they’re in love. Great. But so is everyone who gets married – even those who will be divorced in 18 months. So…
Finance
Sunk Costs
January 20, 2013
Let's say you're driving when you come to a fork in the road and don't know which way to go. So you pick one and drive on. An hour later you realize you're going in the wrong direction. What do…
CEO Mindset, Leadership, Partners and Boards, People
How do we Measure Commitment?
December 28, 2012
It takes commitment to build a business - or for that matter, to build anything. But what exactly does that word mean? I've been thinking about it lately and I've come up with this short cut. Commitment is not measured…
Leadership, Management, Organizational Design
Think Plan Do
November 20, 2012
Mark Suster just posted a great piece on taking time to THINK as an Entrepreneur. Here’s the money quote (paraphrased). 1. I think the best leaders are Thinkers. They often need teams of people to help them Plan how to…
Closing Deals, Money
5 Rules for Giving Discounts
October 24, 2012
People who are not seasoned in sales often think discounts are more powerful than they are. As a result they end up giving away things they don’t need to. Here are some tips on using discounts. Rules for Giving Discounts.…
Money
How do You Handle Accounting?
June 11, 2012
I was asked a question on Quora recently, specifically about start ups but I think my answer applies to more established companies as well. Hope you'll find it useful. The Original Question. How do bootstrapping start-ups in New York handle…
Growth & Plans, Productivity
Use a Change Map to make Change Easier
April 17, 2012
A change map is a way to understand the ramifications of a change in your organization (or your life). It could be a change you’ve already adopted, or one you’re considering. It’s a great tool to bring together the smart…
Marketing & Sales
What Makes a Quality Product?
April 13, 2012
As soon as I ask that question, I’m sure several aspects of your product come to mind that define quality. In this piece, I want to challenge those thoughts. Andrew Sullivan points to Matthew Yglesias about the benefits of inferior…