Remove Capital Remove Coach Remove Course Remove Sales
article thumbnail

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. Of course they should not. Shareholders such as investors are granted few rights by law. Well, how far should a board member go?

Class 282
article thumbnail

10 Steps To Second Stage Success For Your New Venture

Startup Professionals Musings

Of course, not every entrepreneur wants to tackle this challenge. I like the ten steps he outlines, which I characterize here as follows: Seek major capital infusion. Of course, that means a new level of risk, giving up some control, and a new business plan. Switch your attention from product development to sales.

Sales 147
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Keys To Surviving From A Startup To An Enterprise

Startup Professionals Musings

Of course, not every entrepreneur wants to tackle this challenge. I like the ten steps he outlines, which I characterize here as follows: Seek major capital infusion. Of course, that means a new level of risk, giving up some control, and a new business plan. Switch your attention from product development to sales.

Startup 97
article thumbnail

What I Would Look for When Choosing a VC – Knowing What I Know Now?

Both Sides of the Table

VCs should be more of a coach than proscriptively telling you what to do. Of course it is super helpful if a VC can drop you in to important people for business development, recruiting, PR, sales and eventually M&A. I think of VCs as coaches. And so is venture capital. I call them “ VCs Seagulls.”

article thumbnail

How Boards Need to Evolve Over Time

Both Sides of the Table

When you first start your company and raise initial venture capital your board probably consists of 1-3 founders and 1-2 VCs. You may have raised money across multiple rounds of investors from 3-4 different VCs and of course most of them would like board seats or at a minimum board observer rights. how & when to raise capital.

Startup 325
article thumbnail

7 Keys To Creating A Connected Team For Your Business

Startup Professionals Musings

Of course, listening alone isn't enough. For example, Yvon Chouinard, when he was growing Patagonia , recognized a serious interest in helping the environment, and capitalized on it by dedicating a percent of sales to environmental protection. Spend time coaching and mentoring team members.

Mentor 108
article thumbnail

How I Got the Monkey Off My Back – Today Was a Good Day

Both Sides of the Table

As a result I didn’t write my first venture capital check until March 2009 – exactly 5 years ago. I divided success into the phases of venture capital and 18 months into writing my first check here was my view (details on each in the link above). Sourcing high-quality leads : 9/10. I’m already back to work.