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Entrepreneurs

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Turning Sales Compensation On Its Head
Wardlaw Townsend
3/30/2006
Article Resource
Summary:

Rather than viewing compensation plans as a motivational tool, this entrepreneur believes they should be considered a means for managing risk and protecting the company's cash assets. He explains his firm's model, which is based on transferring more risk to sales associates, sharing resources across clients, and tying a portion of base salary to reaching certain revenue-related milestones.

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Aligning Compensation With Business Goals
Lieberman William
3/30/2006
Article Resource
Summary:

This veteran entrepreneur recommends a top-down approach to ensure a company's overall strategic goals drive the compensation plan. When clear objectives (including revenue targets) are defined for the business, entrepreneurs can better determine sales targets as well as how sales reps can help grow the company.

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Entrepreneur Invests in Biotech Education for a Stronger America
Wiggans Tom
4/1/2006
Article Resource
Summary:

For Tom Wiggans, starting a successful pharmaceutical company wasn't enough; he has also worked tirelessly to support the biotechnology industry as a whole.

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Bringing Experience to the Board
Marion Vicki
5/1/2006
Article Resource
Summary:

This serial entrepreneur shares the story of how she came to understand the importance of recruiting experienced entrepreneurs to her board of directors. In one instance a new director advised her to hold off accepting an offer for her company, enabling the company to grow and gain value for potential sale later.

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Establishing a Scientific Advisory Board
Roth Duane J
5/1/2006
Article Resource
Summary:

With board directors focusing more time on financial compliance, this author asserts life sciences and technology companies often neglect management of their technology-based product development. Entrepreneurs should establish scientific advisory boards to provide them with expert technology oversight and also to provide their formal boards with objective overviews of company technology.

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Partnering with a Key Director
Anderson Peyton
5/1/2006
Article Resource
Summary:

This entrepreneur, passionate in the belief that Internet commerce was a huge opportunity, weathered the risk and realization of being an early player in the dot.com arena. Read how this CEO and cofounder overcame personal fear and desperation to heed the advice of the company's first board director.

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Sample Corporate Board Resolutions
5/1/2006
Summary:

This Web site features a series of sample resolutions that company board secretaries can use in forming their official board minutes. Sample resolution language ranges from ratifying boards of directors actions to issuing an option to purchase shares in the company.

Go To Source (www.mycorporation.com)
A Guide to Drucker's Systematic Innovation
Goldstein Burton B Buck
5/8/2006
Article Resource
Summary:

This accomplished entrepreneur matches practical tips from Peter Drucker's book, Innovation and Entrepreneurship, with innovative product moves developed by real-life growth companies. The entrepreneur author shows how these companies apply key tactics, such as tracking demographics and customer preferences, that are detailed as principles by Drucker.

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Finding Great People for Your Team
Herold Cameron
5/8/2006
Article Resource
Summary:

This veteran entrepreneur, who currently works as COO at a fast-growing company, relays his experiences hiring the key people for his teams. To recruit top talent, he recommends several key hiring tactics, including establishing a hiring forecasting plan and exercising patience and caution during the hiring process.

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My Secret Sauce: Interdisciplinary Thinking
Leonsis Ted
5/8/2006
Article Resource
Summary:

This veteran entrepreneur and longtime AOL executive explains how "interdisciplinary thinking" continues to shape his approach to succeeding as an entrepreneur and in his overall professional and personal lives.

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