In my career I’ve done 6 turnarounds. They were all successful, but the most painful thing that I had to go through was laying off employees that I could not afford to pay. As one who has had to make cuts many times my heart goes out to you. The good news for me is … Continue reading The Dark Side Of Layoffs
I believe we are in a wage price spiral caused mostly by the federal government. There is some easing in inflation rates, and that’s mostly caused by higher interest rates putting downward pressure on home and car sales, among other things. However, wages should be looked at more closely. The major railroad unions were stopped … Continue reading The Wage Price Spiral
What is it they say, ‘timing is everything’? Andreesen Horowitz raised $4.5b in funding to invest in Crypto and that fund is down 40% in value as of 10/22. This group knows what they are doing but timing can make a HUGE impact. This reminds me of a time as a VC. Tim Draper and … Continue reading How Timing Affects Company Value
In 2018, Jeff Bezos told Amazon employees at an all hands meeting in Seattle “I predict one day Amazon will fail. Amazon will go bankrupt. If you look at large companies, their lifespans tend to be 30-plus years, not a hundred-plus years.” In a 60 Minute interview in 2019 he said “I don’t worry about … Continue reading The Company Life Cycle (according to Jeff Bezos and me)
I’m greatly puzzled by the metaverse. I get the idea that it represents a three dimensional environment for playing video games, and that it creates ways to enhance product education and promotion. What I do not get is the idea that the metaverse will be a place where people will work, play and live. How … Continue reading What’s The Real Purpose of The Metaverse?
About The US Economy Today Below is a case concerning recession and inflation based upon the forces created by the most influential players in the US economy, government, and the Fed. Broadly speaking the forces applied by government are inflationary and those applied by the Fed are deflationary. Seems like sort of a tug of … Continue reading About The US Economy Today
We are in an economic phase where companies are going through a process of deciding and implementing rules about on-site attendance versus remote work. It is surprising how this is impacting employee engagement and employee disengagement. Employee engagement is a measure of involvement in the workplace and enthusiasm about work. Disengagement is characterized by being unhappy about work … Continue reading Labor in the Brave New World
There is a Chinese curse—“may you live in interesting times.” We are in interesting times and critical to thriving in them requires clear-headed thinking about what to do about many aspects of your business, and especially what to do about your management team. Solving that equation will involve replacing some team members with new folks … Continue reading How To Grow A Company Management Team In Turbulent Times
How To Determine The Right Exit Path For Your Business There are several ways to accomplish an exit from your business but the three most common are sale, IPO or merger. This paper helps you decide on which path or paths are most likely to be open to you at the time of a desired … Continue reading How To Determine The Right Exit Path For Your Business
Preparing to exit your business shouldn’t be taken lightly. But if you keep these 10 critical points in mind, you’ll improve your chances of having a high-valued exit. Related Reading: How to Compete with Larger Companies Copy of The Art of the Exit: Picking the Path The Art of the Exit: Choosing Your Exit Path … Continue reading Preparing to Exit: 10 Components of an Ultimate Business Exit Strategy
