Hiring and Firing

How Do You Know It’s Time To Fire Someone?

By Brett Fox at www.brettjfox.com “See that property over there? Steve Jobs owns it. That’s going to stay in his family for a long time,” Bill, Venture Capitalist, said to me. Do you want to grow your business? Maybe I can help. Click here. I was being interviewed by Bill at his home in Woodside.…

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What You Need To Know About Reference Checks

I curled up on my bed in a fetal ball, sobbing. I kept repeating to myself: “What have I done?” “What have I done?” “What have I done?” Why was I crying? [Do you want to grow your business? Maybe I can help. Click here.] We had been raising money for over eighteen months at…

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How Do You Know It’s Time To Hire Your First Employee?

I’ve been working with “James” for about one year now. James is the CEO of a really cool company. Over the past year, I’ve had the pleasure of watching James grow his business to a pretty substantial level.  Now, it’s finally time for James to hire his first employee. There’ve been the usual growing pains…

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How Do You Build A Great Team?

“Brett, you look like you’re a million miles away,” my co-founder, “Randy”, said to me. Do you want to grow your business? Maybe I can help. Click here. Randy was right. I wasn’t focused at all on him. I was waiting for Tina, our Controller and HR Manager, to come into my office. “Where’s Tina?”…

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How Much Over Market Should You Pay Employees?

The days of expecting employees to work only for equity are long, long gone. [Do you want to grow your business? Maybe I can help. Click here.] Early stage employees have a gotten a lot smarter and a lot savvier than twenty years ago. Your employees have options including working for large established companies. That means your…

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How Should You Divide Equity As Your Company Grows?

-“Here’s what I think is fair for your role,” I said to “Ken,” one of my co-founders. Ken smiled, and said, “I was thinking the same number.” [Do you want to grow your business? Maybe I can help. Click here.] We shook hands, and that was that. I had agreed to the equity for my…

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The Five Non-Obvious Ways To Build Your Team

The most important indicator of whether your startup will succeed is your ability to build a high performance team. The performance of your team influences everything from your company culture, to your products, to your ability to sell and market your product. Try and do anything with a bad to mediocre team, and you’ll know…

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The Ten Things Startup CEOs Need For Success

I’ve built several businesses from zero to over $100 million, and I’ve worked with a lot of CEOs to help them grow their businesses too.  Over and over again, the successful CEOs I’ve worked with have been able to master the same set of ten core skills. That’s what today’s video is all about.  I’ll…

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Building An Early Stage Team With No Funding

You’ve just started your company, and you have no money. You know you need to build a team. However, you don’t see any way that you’re going to be able to build a team without any money or funding. It’s the ultimate catch-22. However, this is a solvable problem. In today’s video, I’m going to…

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