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?
Why Even CEOs Need Advice
It’s no secret that CEOs need advice. In fact, many of them are constantly seeking it out from various sources. But what’s less well known is that even CEOs need to be held accountable for taking that advice and turning it into action. In my experience, the CEOs/company owners whose companies are doing the least … Continue reading Why Even CEOs Need Advice
Getting to an exit through a SPAC
A SPAC is a fast route to being public but there are at least four big things to consider before joining one. First, it is not a liquidity event. You generally cannot sell your equity for at least 6 months after you merge into one. Second, since the SPAC principals have equity in the SPAC … Continue reading Getting to an exit through a SPAC
Focus on Protecting the Downside When in a Recession
When the environment supports growth, focus your energy on building to the upside. Focus more of your energy on downside protection when times are bad. Are we headed into a recession? As we likely are, I recommend you shift some energy into downside protection as failure to protect the downside is a company killer. Protecting … Continue reading Focus on Protecting the Downside When in a Recession
Capital Raising From Non-Traditional Sources
Raising capital from non-traditional sources can be a good way to get the money you need to grow your business. There are a number of different sources available today, and this article provides a brief summary of the most common ones along with things you need to consider before pursuing them. Capital Raising from Non-Traditional … Continue reading Capital Raising From Non-Traditional Sources
Value of A Players — Hire right or die by a thousand cuts
In my long career as a company financier, CEO, and business mentor I have found that among the many important things that had to be done right by business leadership was recruiting the best and brightest for all skill positions. I first learned this lesson in my business consulting activities. Grillos Axiom: There is a … Continue reading Value of A Players — Hire right or die by a thousand cuts
Hiring A Players is the Essential to Company Success
Grillos Axiom: There is a nearly 100% probability your company will go out of business if you do not recruit and retain A players. My reasoning involves two forces. First, there is substantial proof that there is an order of magnitude difference between the output of A players and everyone else (commonly referred to the … Continue reading Hiring A Players is the Essential to Company Success
Peking to New York in an Hour!
That is the claim for a Chinese developed rocket/supersonic aircraft. What better example of a shrinking globe; one filling up with too much information for any human to keep track of. In my CEO meetings the term “Mastermind” demonstrates how individual members know mutually exclusive pieces of information that, when shared, create what is needed … Continue reading Peking to New York in an Hour!
A Yale University Researcher’s Peak into the Future Post the Pandemic
I have to keep track of sources of information about the virus’s impact on the economy, and occasionally I find something worth thinking about and writing about. I found an essay by Dr. Nicholas Christakis that makes some interesting points about the pandemic that are conclusions based on his behavioral research at Yale University. He … Continue reading A Yale University Researcher’s Peak into the Future Post the Pandemic
Work From Home Here to Stay
As I have been involved with virtual training and education for decades, I may be able to coach you in how to successfully make your company operate with a much increased virtual component. I was a co-founder of one of the first accredited all on-line MBA programs, helped build the world’s largest on-line training company, … Continue reading Work From Home Here to Stay