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For the most part, venture funding has been robust over the last ten years, the best since the dot.com boom of the late 1990s. This latest boom was driven by the unusually high valuations for tech startups doing seed rounds and initial public offerings. Profitability was not the objective; instead, growth was king. As with…

Networking has always been my key strategy for business building. Networking has built my whole business career. The people I met are still my most essential acquaintances; some have become close friends. Woody Allen has remarked that 80% of success is showing up. I couldn’t agree more. It means that people with whom you can…

I have said many times that if you follow the proper steps and execute them effectively, anyone can be a successful entrepreneur and run a successful business. However, I also follow that statement with an important caveat. Selection is critical. I mean that the selection of a business concept, value proposition, product, or service determines…

The answer lies in whether the company is private or publicly traded and how much effort went into board selection. Another factor is whether the CEO is a founder and control freak or has challenges listening to advice, or the company has a group of yes persons on the board who rubber stamp anything management…

We’ve all experienced this – checking email, Slack, Facebook, and Linkedin multiple times daily to ensure we don’t miss anything. We want to ensure that requests are answered (no one has patience any longer), and that we don’t appear to be ghosting the company. The urge to stay constantly connected has increased because many of…

To create shareholder value, business managers need to put customers at the head of the stakeholder list. Employees and the community should also come before shareholders’ interests. This is not to disregard the interests of shareholders, as they are the beneficiaries of the business. Instead, we must concentrate on building the company, not the interests…

Technology drives our economy. An explosion of new technologies has given rise to endless new market opportunities. The challenge is linking technological development with the world of buyers, customers, and competitive markets. Often new technology is pushed on to marketing and sales departments to create a demand for the new product or service. Managers of…

How do you get your people to do what you want as a business manager? The answer invariably is that you can’t. You can’t get your people to do anything. If you want it done, you will have to create an environment where doing it is more important to your people than not doing it….

In the book Alice in Wonderland, Alice asks the Cheshire Cat: “Would you tell me, please, which way I ought to go from here?”  The Cheshire Cat: “That depends a good deal on where you want to get to.”  Alice: “I don’t much care where.”  The Cheshire Cat: “Then it doesn’t much matter which way…

We all struggle to determine what is essential in our lives and business. How do we know to make the right decisions unencumbered by bias or inexperience? Making good decisions in running a business is crucial to its success. I will share an effective way to think about your business that will help ensure that…