What Does The Role Of A COO Look Like At A Startup?

Nonexistent. Take it from someone who had a COO co-founder, you don’t need a COO when you’re starting a company. I added a COO as a co-founder to my company. He was talented, had tons of experience and knowledge, and he helped me secure funding. Do you want to become a better startup CEO? Great!…

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What Shouldn’t You Waste Your Time On?

There are so many things I wasted my time on when I started my company. Some of them were silly, and some of them were downright stupid. Let me start with the most controversial thing I shouldn’t of wasted my time on, and that was hiring a Vice President of Sales. Not only did I…

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How Do You Deal With Feeling Like A Fraud?

I felt like the biggest fraud in the world. My co-founders, “Jim” and John”, had just quit three months after we started the company. John said, in his parting comment to me, “I know better how to build a analog IC company than you do.” In other words, John was saying, “We don’t need you.”…

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Are You More Powerful Than The Board Of Directors?

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 startup CEO would have much more power than a board of directors because a great startup CEO is…

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What Books Do You Recommend For CEOs?

Since I’m biased, and you asked, you could start by reading my book, “Learn How to Take a Punch: Building Your Startup Isn’t a Marathon, It’s a Prizefight.” Do you want to grow your business? Maybe I can help. Click here. While every startup’s journey is unique, I noticed similar patterns in the startups I’ve been…

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Why Learning To Delegate Is Critical

“That’s insane!” I said to Bob. “You’re spending twenty hours a week on accounting? That can’t be right.” Do you want to grow your business? Maybe I can help. Click here. “That’s right,” Bob said. “And this week I’m going to spend thirty hours.” Revenue in Bob’s company was at $8 million, and Bob and…

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What’s Your EQ And Why It Matters

“You have an EQ of zero!” “Ken” yelled at me. “What the hell is an EQ?” I asked. “Perfect!” Ken screamed back. Then he hung up the phone. Those were the last words Ken ever said to me. [Do you want to grow your business? Maybe I can help. Click here.] Just like that a…

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The Three Largest Mistakes You’ll Make

“I run out of money in April,” “Steve” said to me. “I think we’re going to add three new customers this month and I can get to ten new customers with my contacts…” Do you want to grow your business? Maybe I can help. Click here. “So you’ve got four months of runway left,” I…

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What’s The Best Way To Manage Your Cash?

“We have to ask ourselves the question, Are we going to be a company that spends freely, or are we going to be a company that manages its money well?” I said to the executive staff in our weekly staff meeting. Do you want to grow your business? Maybe I can help. Click here. We…

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