“Caveat Emptor” is a Latin for “let the buyer beware” before completing a purchase. This contract law assigns the burden of verification on the buyer rather that the seller. In general, the seller will have more in-depth knowledge about the goods…
My previous blog Success factors of a founding team highlighted the key traits of a winning startup team. But what happens as your company evolves into the next stage… growth. You now have investors, partners and key customers. All of which you…
A scorpion wishes to cross a stream but it is stuck on the dry land as it cannot swim. The scorpion meets a frog on the bank and asks the frog if it would carry it across the stream to the other…
Some day you will get to the point where you have, as Aaron Ross would say, nailed your niche in the market. Customers will come flooding in and in an instant the focus will shift out of the tunnel vision…
There is a fable about an old man, a young boy and a donkey walking into a village. Strolling along with a donkey beside them, a few villagers encourage them to ride the donkey. The little boy climbs on top…
There will come a time when, as the CEO, you will have to make a hard and unpopular decision, which on the surface may appear counter intuitive to the broader prevailing opinions within your company. You may be faced with…
During the early days at any startup company, there never seems to be enough time in a day. There is without question more work to be done than time and available resources will permit. And while this can improve over…
In one of my previous BizGuides entitled, Congratulations, You Have Been Entrusted to be the CEO! … Now What?, I defined three models of CEOs from the perspective of an individual’s self-behavior: the “plate spinner”, the “one-man band” and the…
Clear communication within you company is paramount to removing ambiguity, and to ensuring that everyone shares the same message and believes in your vison. This is a two-step process; words (communication) followed by action. Your words must convey a clear…
Stephen Covey, a famous American educator, author and keynote speaker wrote a highly popular book that sold more than 25 million copies since it was published in 1989 titled “The Seven Habits of Highly Effective People”. In the book the…