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Your board should protect you!

Berkonomics

They can elect directors for their class of stock, approve mergers and acquisitions; approve increases or changes to the capital structure of the company and other more minor actions. Email readers, continue here…] It is the board, made up of individual members, that is responsible for the care and maintenance of the corporate person.

Class 282
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What’s the minimum information to give your investors?

Berkonomics

Every investor wants regular information from companies taking their money. On the other side, entrepreneurs and CEO’s usually have a natural fear of giving too much information to us investors after the initial investment is received. Email readers, continue here…] Prepare for your annual meetings well.

Class 120
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How much information do you give to investors?

Berkonomics

There is a natural fear of giving too much information to investors after the initial investment is received. CEO’s worry that investors will not keep the information confidential and that financial data will find its way into competitors’ hands. Email readers, continue here.]

Class 202
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Wow! Are your relationships important!

Berkonomics

Email readers, continue here…] I am chairman of the Technology Division of the ABL Organization, a roundtable organization with multiple CEO roundtables of about twelve members each, meeting monthly. That last 10% is most important and often overlooked. It represents strategic thinking.

Class 194
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Take advantage of the good times to build stakeholder loyalty.

Berkonomics

Email readers, continue here…] Sometimes a secondary fund-raising effort leads to a lower valuation than the last. And it is that disconnected employee, usually one or more of the better performers, that starts looking for a job when times look bad for a company. Investor loyalty is most tenuous of all. The message here is simple.

Layoffs 240
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Entrepreneurs: Employment law is not on your side!

Berkonomics

Email readers, continue here…] Notice that every poster that is required to be displayed in a company public area (usually the lunch room) is posted for the benefit of the employee to inform him or her of rights granted by law. Encourage reviewers to be accurate, not just polite, in documenting areas of concern.

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How much is that one additional unit worth?

Berkonomics

Email readers, continue here…] In an Internet-based business, power comes not just from high gross margins, but also from an increase in the percent of conversions. The point is that once your company is stable at or above the breakeven point, one incremental unit generates robust increases in net profit.

.Net 156