Decisiveness in Business

How important is decisiveness in our non-business and business lives? In business being decisive is a critical skill as you can’t always wait until the perfect time or when you have all the information you need. You make the best decision you can with the information...

Determining Layoffs

How do companies determine who gets laid off? It depends how big the cuts are that need to be made but in most cases, you begin with people that are not essential to the operations. If you can live without them you let them go. Next, you try to lower the hours and or...

When Do Startup Founders Get Paid?

When do startup founders get paid? When the company is making a profit unless they have startup funding where a salary of some kind is agreed upon. But in most cases, the founder gets paid the least and last if they are smart putting profit back into growing the...

Negotiating Without Being Nasty

How can I win a negotiation without being nasty? Present a winning argument the same way a lawyer does in court. Present compelling facts in a likeable way. A great lawyer told me one time if the jury doesn’t like you it doesn’t matter what you...

What Outside Investment Capital is Used For

When startups at the very early stage raise millions of dollars, what does that kind of money typically go towards? Getting the company to scale (full speed with the maximum capability). It can also be used for proof of concept. The fact is it can be used for anything...

Offering Services for Free to Gain Clients

Is offering your services for free a good way to gain new clients? If so how long does free last for? It can be a good launch strategy assuming there is an understanding that if you do a great job they will pay you the full price at a given time. You can do a 30 day...

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