by Fred M. Haney | Jul 11, 2021 | Fred Haney
Many company founders want to be the CEO of their firm, but is that the best approach? Most successful CEOs work for 15-20 years to acquire much-needed expertise. A study of 2.7 million startup companies tells us that the average age of the successful startup CEO is...
by Fred M. Haney | Jun 28, 2021 | Startups
The concept of value is extremely elusive for startup companies. How is a startup company valued and how is value created in a startup? One reason the concept of value is so difficult is that it lies in the eyes of the beholder. Imagine a stack of startup company...
by Fred M. Haney | Jun 2, 2021 | Startups
How should a startup company compensate its advisors? This is a tricky question because there are no guidelines and most founders do not have experience in this area. But there are some general principles that can help you arrive at compensation that should be fair to...
by Fred M. Haney | May 16, 2021 | Startups
Choosing advisors and directors for a startup is much more complicated than most founders realize. A very high percentage of startups pick advisors for the wrong reasons and end up regretting their choices. If you were trying to find the best doctor to perform LASIK...
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