This is an article of mine published last week, on August 7, 2018, by CEO Refresher magazine. My article is currently featured on the first page of the magazine website – http://www.refresher.com/
This article of mine offers entrepreneurs techniques to build management while still conserving cash, including 1) Entity choice: LLC vs. corporation, the role of that choice in company growth and recruitment, 2) Methods of allocating equity among the startup team, 3) Key business and tax issues involved in equity allocation and its structuring, and 4) Shareholder and contractual issues to be resolved, separately, while all the team remains “on the same page”.
Continue reading “Structuring and Allocating Equity among Founders for Startup Success”
This is an article of mine published last month, on June 15, 2018, by CEO Refresher magazine. My article is currently featured on the first page of the magazine website – http://www.refresher.com/
This is an article on the funding of early stage companies by venture capital groups or angel investor groups. Among the questions discussed in the article, are the following:
Continue reading “How to Fund your Company”
This was an earlier IEEE Boston Entrepreneurs’ Network panel presentation I chaired that covered –
- Why business alliances are important to entrepreneurs, early stage companies and investors?
- How strategic alliances can be used and structured to obtain first funding directly or indirectly?
- How they are used and structured to gain credibility, to leverage sales growth and to penetrate new markets?
Continue reading “Strategic Alliances And Partnerships: To Build, Finance, and Develop Early Stage Companies”
Finding a co-founder or recruiting a core team is hard work. It is a long, dragged out process and you have the right to be picky and should be picky. Ultimately, choosing a co-founder is like choosing a spouse. A business partnership truly is a marriage. You will have to make compromises when it comes to money, ideas, scheduling and so much more. Look for someone who can bring something different to the table, if you are more tech-savvy look for someone who is business oriented. A successful partnership is one where each co-founder has their own area of expertise and when you combine those two separate areas you’ll find you have yourself a successful duo. Don’t jump the gun and enter into a partnership just because you like what you see right of the bat. “Date”, get to know who your potential candidate is and if they share similar views, if they’re trust worthy and loyal. After a few months of feeling them out – then take the next step and propose a business plan together.
Continue reading “Finding a co-founder or recruiting a core team”
Negotiating pay raises and better employment terms is a touchy topic in the business world. At times, its often hard to know when it is and is not appropriate to renegotiate you’re employment contract. Aaron Sacker* a VP sales accepted a position that offered less in terms then he originally wanted, however out of pure necessity Aaron Sacker took the job and relocated himself and his family across the country. Two years later, after victory was achieved and Aaron Sacker had mastered his new position, improving the company along the way, Attorney Robert Adelson helped him re-open negotiations that were originally denied in the initial employment contract. Due to Aaron Sacker’s success with his current company, more promising opportunities were presented to him. However, because of Aaron Sacker’s devotion to his current company and role as a key player Attorney Adelson and him decided to re-negotiate his employment terms with his current company before choosing to accept another offer. Aaron Sacker knew the value he brought to the company and with the help of Robert Adelson, voiced this to his employers who agreed, and did not want to risk losing Aaron Sacker. Re-negotiation, in those circumstances, offered the best course or both sides.
Continue reading “Negotiating pay raises and better employment terms is a touchy topic in the business world”