How Should You Handle Desperation?

By Brett Fox | February 18, 2018

How Should You Handle Desperation? By Brett Fox “I think we should shut down the company,” “Raul”, one of our two investors, said to me during our board meeting. We were in the middle of raising our Series B funding, and we already had one term sheet in hand. Raul had rejected the term sheet Read More …

Who Should Approve Your Expenses As CEO?

By Brett Fox | February 18, 2018

Who Should Approve Your Expenses As CEO? By Brett Fox One of the things that always made me laugh was my bimonthly check signing ritual with Tina, our Controller. We would review the financials, and she would tell me the story behind the various checks I was signing. Once a month, I was signing an Read More …

What Are The Seven Keys For You To Effectively Delegate?

By Brett Fox | February 14, 2018

What Are The Seven Keys For You To Effectively Delegate? By Brett Fox I read a really great book called, “The Fish That The Whale.”  The book is about the life of entrepreneur Sam Zemurray.  The book is a great and entertaining read, and it is packed with lessons for entrepreneurs. Zemurray, also known as Read More …

How Should You Finance Your Startup?

By Brett Fox | February 11, 2018

How Should You Finance Your Startup? By Brett Fox One of the investors in my company described equity as “fuel” for growth and debt as a “retardant” to growth. I don’t think I agree with him. I think the right answer is more about what’s right for you and your company. There is a better Read More …

What’s The Right Way You Should Do Reference Checks?

By Brett Fox | February 11, 2018

What’s The Right Way You Should Do Reference Checks? By Brett Fox “What am I likely to hear about you from the people I talk to about you?” That’s was the standard question I asked potential candidates BEFORE I would do front door and backdoor reference checks. Then I would listen to hear what came Read More …

Should You Be Worried About The Economy Tanking As A Startup CEO?

By Brett Fox | February 7, 2018

Should You Be Worried About The Economy Tanking As A Startup CEO? By Brett Fox The short answer is yes. Yes, you should be worried about the economy tanking. We’ve seen the stocks lose significant value over the past couple of days. Now, stock prices and the economy is not the same thing. The economy Read More …

When Do You Decide To Fire An Underperforming Employee?

By Brett Fox | February 4, 2018

When Do You Decide To Fire An Underperforming Employee? By Brett Fox I have a perfect record when it comes to saving underperforming employees. That’s right, I am 100% successful in not turning an employees performance around. Except for this one time… The company I was working for had just acquired another company, and I Read More …

The One Key Strategy You Can’t Afford To Forget As An Entrepreneur?

By Brett Fox | February 4, 2018

The One Key Strategy You Can’t Afford To Forget As An Entrepreneur? By Brett Fox “Sex sells,” I told Gill when we pitched him for the first time, “except in the Analog IC business.” Gill nodded his head in agreement. And four meetings later he gave us a term sheet for $11M. If only the Read More …

How Much Should You Share With Your Significant Other About The Craziness Of Being CEO?

By Brett Fox | January 31, 2018

How Much Should You Share With Your Significant Other About The Craziness Of Being CEO? By Brett Fox Being an entrepreneur can suck. Being the significant other of an entrepreneur can really suck. As an entrepreneur, you are living the roller coaster every day. The swings from euphoria to sadness are there every day. Every Read More …

How Can You Make Sure You’re Hiring A Players, Not C Players?

By Brett Fox | January 28, 2018

How Can You Make Sure You’re Hiring A Players, Not C Players? By Brett Fox You know, there’s the old saying that “A players hire other A players, and B players hire C players.” And if only it was that easy because most people think they are A players. The reality is that you should Read More …