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Do you even need a business coach?

Berkonomics

Everyone, even seasoned CEO’s can use a good coach who knows how to bring out the best in a person, is knowledgeable about the business process, and who has an extended list of relationships to call upon to fill needs that become obvious in the coaching process. Business coaches come in all sizes and shapes.

Coach 156
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An experienced coach has seen your movie before.

Berkonomics

Business coaches come in all sizes and shapes. Photo courtesy IBM Business Coaching. But by far the best coaches are those that have lived through the process you’re going through and built successful enterprises in your same industry. Email readers, continue here…] How do you pay a coach? Original 1994 book.

Coach 243
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Need money? Read this!

Berkonomics

Bootstrapping: This term describes your ability to start a business with little investment and grow it using internally generated funds. There is a lot to say about retaining control. Better yet, the valuation of your enterprise is often higher than if the same investment were taken from a professional investor.

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Is Convertible Debt Preferable to Equity?

Both Sides of the Table

Every investment so far in this YC batch (and there have been a lot) has been done on a convertible note.&#. I’ve written about the topic of convertible debt at length before specifically about how angels & entrepreneurs should think about pricing. . “Convertible notes have won.

Equity 319
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An experienced coach has seen your movie before.

Berkonomics

Business coaches come in all sizes and shapes. How do you pay a coach? If the coach is also a significantly large investor such as a VC fund, the board member-coach will offer a limited amount of time outside of board work at no extra cost, all for the good of the investment.

Coach 179
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Extending your Runway!

Berkonomics

important point of that book, which was written to prompt discussion between entrepreneurs, professional managers, and their boards of directors about issues that could unite them or strain the relationships between them. Relationships are often as valuable as an investment. Relationships are often as valuable as an investment.

Resource 156
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How can you let a talented employee go to pursue a new career?

Berkonomics

Sometimes you can be the coach, helping them even if it means losing them. It doesn’t take much to publicly wish a departing employee well, to throw a small celebration, to coach the outgoing person if asked, and to listen and receive fair criticism at the moment of the exit interview. Feel good about the former employee’s success.

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