Traditional bonuses threaten the viability of your company. They reinforce behavior that systematically destroys a company by perpetuating a two quarters out culture which only focuses on short term gains. They just don't work. A company with a traditional bonus plan will see … [Read more...]
Business Structures
A frequent question among my SCORE clients is: What type of business structure should I setup? There are several different types of business structures to consider. All have there advantages and disadvantages. The first thing to think about when considering a structure is the … [Read more...]
Let Me Introduce Myself
It seems fitting that before you spend the time to read this blog that you get a sense of who writes it. I am an Engineer: Specifically, an Integrated Circuit (IC) design engineer. I have spent my whole career around chips. From massive parallel processors to speech … [Read more...]
Startup vs Corporate
The cultures of a start-up and a big corporation clash like natural gas to a flame. They are incompatible because of each ones goals are vastly different. A start-up has the sole purpose of doing one and only one thing. The focus is so laser focus that any bureaucracy gets … [Read more...]
Scheduling Innovation
Lately, I have been working on my companies overall development schedules. This exercise is to get ready for our upcoming funding round, which we hope to close May 15 th. Trying to fit all of the pieces together is turning out to be a chore. A lot depends on how much money we end … [Read more...]