Remove Bankruptcy Remove Employee Remove Hiring
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My Life as a CEO (and VC): Chief Psychologist

Both Sides of the Table

Recruits, hires, and retains the very best talent for the company. Hiring & Firing the CEO. Psychologist as the CEO of Employees – Everybody wants to work somewhere “that is not political&# but that place only exists in a mythical utopian island. Makes sure there is always enough cash in the bank.

Ireland 319
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Why Some Startups Win

Steve Blank

When organizations are small (startups, small teams in companies and government agencies) early employees share a mission (why they come to work, what they need to do while they are at work, and how they will know they have succeeded). I had taken the job of VP of Marketing in a company emerging from bankruptcy. Why Do You Work Here?

Startup 329
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Why Acceptance of Failure is Critical to Startup Success

Both Sides of the Table

I have experienced many first-time entrepreneurs with too much hubris if fund-raising came easily and press was fawning and employees joined in droves and customer adoption has been rapid. You also ran the risk that if you hired employees quickly and then demand wasn’t as strong as expected it was incredibility hard to fire people.

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Why You Should Background Check Your Business Partner

YoungUpstarts

Just like launching a new product, hiring a partner requires protecting your business against potential risk and failure. Background checks of potential employees routinely show both minor and more concerning issues for employers. For example, according to ADP’s 2009 hiring index , 46 percent of résumés reviewed showed discrepancies.

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Business Prenup: What To Do Before You Start A Company With A Partner

YoungUpstarts

Hire professionals. Think about your employee and ownership hats. For example, you can determine a term that requires shareholders to hire their own experts and then harmonize those numbers, or you could have a term that requires the members/shareholders to hire experts who then select a third expert to provide the valuation.

Partner 208
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13 Of The Biggest Mistakes Entrepreneurs Make (That May Not Seem Like Mistakes At All)

YoungUpstarts

Or a key vendor declares bankruptcy. Refusing to hire people who are smarter than you. Of course I shouldn’t hire people who are smarter than me , you might think. The best advice I got when I became the CEO of RME was to hire people who were better and smarter than I was. Or a partner defects with your top client.

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Why Startups Are Ready For A Reboot

YoungUpstarts

NBC News points out several companies that filed for bankruptcy during the later months of the crisis. Businesses that need to adapt to a changing economy need to quickly or get caught up in the collapsing wave of bankruptcy. Is it worth losing an experienced hire over remote working arrangements?