article thumbnail

Entrepreneurs: Employment law is not on your side!

Berkonomics

To most entrepreneurs, this often leads to an event whose resolution by a governmental agency or even a court seems unfair and illogical. Recognize the realities of the times; and do all possible to protect the company by documenting behavioral or skill related problems to the employee file.

article thumbnail

10 University Classes For Business I Really Needed

Startup Professionals Musings

In school, you''re taught to stretch weak ideas to reach your document page limit. Most classes in college focus on a narrow area of interest, which just teach students to focus on problems through one lens. entrepreneur business classes startup college course business professional' Business Writing for Email.

Class 93
Insiders

Sign Up for our Newsletter

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

article thumbnail

7 Keys To Scaling Your Startup To Be The Next Unicorn

Startup Professionals Musings

Yet as a business advisor I am convinced that making the jump from a startup to a the next unicorn takes a different mindset, and actions most entrepreneurs are reluctant to face. Bring in an experienced Board and world-class leaders. Formal documentation of strategy and progress will be expected by investors.

Startup 151
article thumbnail

Take advantage of the good times to build stakeholder loyalty.

Berkonomics

For investors, a subsequent down round at a lower valuation than the last, or an exit opportunity at a loss are all opportunities for the affected stakeholder to show a side that can sometimes shock an entrepreneur or CEO. The chasm between management and employees.

Layoffs 240
article thumbnail

What’s the minimum information to give your investors?

Berkonomics

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. Requirements created by investment documents. Every investor wants regular information from companies taking their money.

Class 120
article thumbnail

After Completing This TechStars Exercise, Everyone On Your Team Will Pitch Like A Founder

InfoChachkie

In my UCSB classes , my students practice their Personal Pitch in front of their peers, who give them constructive feedback. I decided to tweak this exercise for the Techstars entrepreneurs, using the format described below. However, Techstars requires its entrepreneurs to narrow down their pitch to twenty seconds.

article thumbnail

Steve Blank Discusses The Origin And Future Of The Lean Startup Movement

InfoChachkie

Steve is also a Stanford Professor and noted marketing entrepreneur. Eric (Ries) was a student in one of the very earliest customer development classes at Berkley. Four Steps was essentially my class notes. Large companies write business plans, why of course, that’s the organizing document for a startup.

Startup 229