How Smart Do You Need To Be A Great CEO?

By Brett Fox | July 4, 2022

There was a fellow that I worked with years ago and his name is Harry, or at least we’re going to call him Harry for the sake of the story. Harry was a genius. No question about it. He had a PhD in Electrical Engineering and an MBA. Harry had over twenty patents and counting.…

How You Can Easily Identify Your Company’s Weaknesses

By Brett Fox | July 3, 2022

Years ago, I worked for a company called Micrel. Micrel’s CEO, “Bob”, sold me on joining the company by saying, “Bring us up to your level.” Bob’s pitch sounded to me like he would welcome my help and honesty. I’ll get back to this later. I was the general manager of one of the three…

How Staying Calm Can Save Your Startup

By Brett Fox | June 22, 2022

Imagine being told that your investors want to shut down your startup tomorrow. That was the exact situation I found myself in. When my investors told me I wasn’t nervous. I didn’t go to pieces. In fact I was calm as could be. And, because I was calm, in that same meeting, I was able…

How Do You Stay Motivated When Everything Goes Wrong?

By Brett Fox | June 21, 2022

When I was fighting for my company’s life, battling with, one of our investors, the notorious “Donald Ventures”, to keep our company alive, I thought about my wife and daughter a lot. They had supported me emotionally, and I didn’t want to let them down. The stress I was under, during that one year time…

How Do You Know That Your Product Is Going To Sell?

By Brett Fox | June 19, 2022

I was talking with an entrepreneur the other day about his company. He said to me, “I’ve asked customers if the would buy my product and they said they would. That counts as validation, doesn’t it?” I was talking with an entrepreneur the other day about his company. Ezra said to me, “I’ve asked customers…

Why Great People Quit Startups

By Brett Fox | June 15, 2022

In the over 20 years I’ve been involved in startups, I’ve never seen the competition for top talent as tough as it is now. It doesn’t matter where your startup team is located, your best employees are being poached. And, if you don’t take preemptive action now, your best employees will leave. I’ve worked with…

Should You Grow As Fast As Your Investors Want?

By Brett Fox | June 14, 2022

“Don’t worry, Brett. We’ll support you,” “Raul”, one of our investors, said to me in our board of directors meeting. Raul wanted us to go faster than I had originally planned for. And Raul meant what he said. He was, in that moment, at that time, telling me that he would continue funding us when…

How Do You Get Multiple VCs Or Angels To Invest?

By Brett Fox | June 13, 2022

“I want to invest, but I’d like someone else to set the terms,” Bill, a VC interested in investing in our company, said to me. That’s great,” I said, standing up. Bill and I shook hands. “I’ll keep you posted on our progress.” We had just starting raising our Series A funding, and I was…

Does Your Startup Really Need A Board Of Directors?

By Brett Fox | June 7, 2022

One of the questions I get asked the most by early stage startup CEOs is, “I think I need a board of directors. What do you think?” In today’s video, I’ll answer all the questions you’re likely to have about startup boards including: What is an advisory board? What’s the difference between a board of…

Why You Should Obsolete Yourself To Succeed?

By Brett Fox | June 6, 2022

I’ve had a pretty simple goal ever since I first started managing teams years ago. My friends used to tell me I was crazy to have this thought process. Maybe my friends were right because it is a risky strategy. Yet, I think this strategy is the key to whatever success I’ve had in business.…