What Tasks Do You Need To Do Every Day As An Entrepreneur?

By Brett Fox | September 4, 2017

What Tasks Do You Need To Do Every Day As An Entrepreneur? By Brett Fox I was talking Friday with a CEO I am advising named “Paul”. Paul’s in fund-raising mode right now. Nothing else matters when you’re in fund-raising mode except raising your money. I told Paul, “You need to have a laser-like focus…

Is It Worth Starting A Company When You’ve Just Graduated College?

By Brett Fox | August 27, 2017

Is It Worth Starting A Company When You’ve Just Graduated College? By Brett Fox My Dad gave me some great advice when I was graduating college. He told me to take my chances when I was young. And, as I fast-forward ahead ten years to when my daughter will be graduating college, I wonder what…

What Are The Warning Signs Of A Bad Cofounder?

By Brett Fox | August 27, 2017

Do you think it’s a good idea to propose marriage after your second date? Good, I didn’t think so. The best analogy for deciding on cofounders is dating. In fact, a cofounder relationship is more intense than a marriage: You’re working in a very stressful environment for most of your waking hours, and… Money is…

What Are The 11 Painful Things You Need To Do As CEO?

By Brett Fox | August 23, 2017

I was talking to a Venture Capitalist early on about our company. Out of the blue the VC looked at me and said, “Well you’re the CEO, so you get to deal with investors like me. “And that’s why you get more stock than the others.” [Do you want to grow your business? Maybe I…

What Is The Best Way To Keep Your Equity As You Raise Funding?

By Brett Fox | August 20, 2017

What Is The Best Way To Keep Your Equity As You Raise Funding? By Brett Fox I’ll never forget one of our investors saying to me, “There’s a certain percentage ownership you’re going to end up with, and there’s a certain percentage ownership we’re going to end up with. “The rest of it doesn’t matter.”…

How Do You Build A Great Founding Team?

By Brett Fox | August 20, 2017

How Do You Build A Great Founding Team? By Brett Fox The average age of the engineering team at my company was 44 years old. The engineering averaged 20 years of experience per engineer, and the engineers on average had 10 patents. The team, by industry standards, was considered elite. Now, I assume you want…

Are You The CEO More Powerful Than The Board Of Directors?

By Brett Fox | August 13, 2017

Are You The CEO More Powerful Than The Board Of Directors? By Brett Fox Do you know about the theory of rational thought? The theory of rational thought has at its core the basic assumption that people will act in a logical manner. Now, if that was true, then a great CEO would have much…

Do You Need A Technical Background As CEO Of A Technology Company?

By Brett Fox | August 13, 2017

There is a one-word answer for why so many former engineers are now CEOs of technology companies. And that one-word answer is: Respect. Simply put, being an engineer running a technology company gives you some tremendous advantages: A. You engineering team will be more likely to respect you. Engineers like working with people that understand…

Why Is Paying Yourself A Living Wage As CEO So Important?

By Brett Fox | August 9, 2017

You work really hard for years building your company. And you’re burning through your savings as you build your company. Finally, finally you get your company to cash flow positive. [Do you want to grow your business? Maybe I can help. Click here.] “Thank goodness,” you say to yourself. “We’re finally free of needing more…

What Skills Should You Learn As An Entrepreneur?

By Brett Fox | August 7, 2017

What Skills Should You Learn As An Entrepreneur? By Brett Fox Someone just messaged me this: “Hey Brett, I’m just about to start a company. What do I need to know to be successful?” Here’s my answer: I don’t know whether these are learned skills or traits you are born with, but these are the…