“Clear eyes, full hearts, can’t lose” is a phrase coach Taylor uses to inspire his Texas high school football team to victory in the TV series “Friday Night Lights”. Bringing everyone on board and building “full hearts” is, and should be, part of the strategic planning process for any company. But building “clear eyes” can …
How an Organization Audit Can Supercharge your Strategic Planning Session Read More »
We’ve all been subject to them—shitty work rules that add nothing to the workplace and manage to frustrate and distract your team. They break down the trust between managers and employees, they don’t allow for autonomy in smart decision-making, and in general, they make it more difficult to get things done. We reached out and …
Creating compensation packages for your team members is challenging. There are so many factors to consider that it can be downright frightening, even for experienced managers. Ensuring equal pay for equal work, offering a competitive package at recruitment, planning for regular salary increases—the challenges are almost endless. One of the most frustrating types of compensation …
Variable Compensation: Is It the Right Choice for Your Business? Read More »
Growing companies are faced with the task of building strategy documents for a variety of reasons—to help the founder or founders understand where they’re going, decide what key metrics they want to measure, and to help the team understand their role in the process. Stepping back from the day-to-day tasks of running the business to …
Strategy as both task and process: a high-level overview Read More »
High-growth companies go through many rapid changes as they scale. One of the hardest transitions often happens early in the company’s lifecycle when they begin to take on money from professional investors. This is known as a Series A financing. Before that, companies are either financed by seed money, backed by money from friends and …
The Transformation of a Company from Seed to Series A Read More »
Rob and I have been consummate entrepreneurs, but not in the traditional sense. While both of us have owned our own companies, where we’ve truly made our mark is in growing other entrepreneurs’ businesses. We’ve helped bring founders’ visions into reality and often added our own shape to those visions along the way. We’ve learned …
When companies start out, financial planning and forecasting isn’t typically a high priority. Their first order of business is making and selling a product or service that the market wants and making sure they have enough money in their bank account to cover early costs. Pre-launch financial forecasts are usually wild guesses as to what …
6 Things You Should Do to Establish a Strong Financial Process for Your Growing Business Read More »
As companies grow, the tools they need to be effective need to become more sophisticated and flexible. Everything from billing to CRM systems, which often start out as spreadsheets and Word documents, require upgrading to systems designed for the specific task at hand. When this happens, a process is changed and everyone knows that nobody …
How to (almost) painlessly upgrade your company’s software Read More »
If you’ve ever been part of a growing company, especially one that started out with 3-4 people sharing a handful of desks, you’ll understand that how you communicate as a company changes completely as you begin to scale. In the beginning, everyone knows pretty much everything. You’re always chatting across your desks and sharing successes …
