Hiring and Firing
What Are The Warning Signs Of A Bad Co-Founder?
Do you think it’s a good idea to propose marriage after your second date? Good, I didn’t think so. Do you want to grow your business? Maybe I can help. Click here. The best analogy for deciding on cofounders is dating. In fact, a cofounder relationship is more intense than a marriage: You’re working in…
Read MoreWhat Are The Secrets To Building A 10X Engineering Team?
The first presentation I did about my company for the venture capital fund where I was an Entrepreneur in Residence (EIR) was titled, “Where are the engineers?.” The point I was trying to drive home to the partnership was simple: The success or failure of my company would rest on our ability to recruit elite…
Read MoreWhy You Shouldn’t Hire Engineers That Are Jerks
No matter how good you think they might be, don’t do it! “Why are we interviewing this guy?” I asked Jeroen, our VP Engineering. “Look at his resume, he’s bounced from one company to the next.” [Do you want to grow your business? Maybe I can help. Click here.] “’Terry’s’ a really talented engineer,” Jeroen…
Read MoreWhen Should You Be Fired If You’re The CEO?
My wife was working at a start-up about ten years ago, and the company was doing really, really well. Revenue and customers were growing exponentially. Do you want to grow your business? Maybe I can help. Click here. The CEO was a brilliant and charismatic leader. The management team was strong. It looked like everyone…
Read MoreHow 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.…
Read MoreWhat 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…
Read MoreHow 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…
Read MoreHow 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?”…
Read MoreHow 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…
Read MoreHow 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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