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Entrepreneurs

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Using Scorecards With Your Board
10/11/2007
Summary:

A venture capitalist explains how key performance indicators (KPIs) are best compiled and used. They should be straightforward covering financial items and people, probably no more than 20, tied to specific managers, and coordinated by the CFO. Sales should be handled as a separate category.

Go To Source (www.vcconfidential.com)
Work-life balance
10/4/2007
Summary:

This blog entry by a Chief Happiness Officer tackles an important topic from the European point of view. It's a useful reminder that not all of your employees are as zealous about your vision as you or your senior executives. Some will perform better if you keep that in mind.

Go To Source (positivesharing.com)
Restricted Stock vs. Options
10/18/2007
Summary:

While restricted stock may be considered a useful incentive in startups, that approach has different legal and tax implications than others. Read this blog for a clear discussion of a cloudy topic. Plus reader postings.

Go To Source (www.burningdoor.com)
Communicating with Your Board: At-A-Glance Financial Information
10/18/2007
Summary:

For quick reference and review, present your board with a one-page summary of your company's finances at your quarterly meetings. Open-book management companies can use it for employees, too. This technique doesn't exempt you from standard financial reporting, but it does help key stakeholders more quickly see and appreciate the big picture.

Go To Source (www.2-speed.com)
Book Preview: Word of Mouth Marketing by Andy Sernovitz
10/4/2007
Summary:

Using barbers to promote prostate cancer treatments? Giving cabbies free rooms to boost occupancy rates at a hotel? These ideas are word-of-mouth marketing at its best. And there are plenty more, including ones you dream up for your company.

Go To Source (blog.guykawasaki.com)
Is That a Stretch?
10/11/2007
Summary:

Even if you never intend to look beyond your own business backyard, read this brief, helpful article. Entrepreneurs do find unexpected opportunities beyond the horizon, but few know how to effectively expand geographically.

Go To Source (www.entrepreneur.com)
Building a Culture of Accountability
10/18/2007
Summary:

Empowerment, enlightenment, and accountability are more than just buzz words today. They're an integral part of nearly any high-performance, high-growth company. As the entrepreneur you set the example, and you can get some help from the steps recommended in this quick-read, but informative piece.

Go To Source (sixdisciplines.blogspot.com)
Developing Excellent Passion for Work
10/8/2007
Summary:

Passion can make for an energizing work environment that engages everyone there. Successful entrepreneur and noted speaker Michelle Neujahr shares ten ways to boost, and ultimately leverage, the enthusiasm of your employees.

Go To Source (developingexcellence.blogspot.com)
Why You Need A Mentor
10/11/2007
Summary:

Mentoring is a time-honored tradition in many fields, and for good reason: It works. Parents, friends, and investors usually don't cut it as mentors, however. You need unbiased, direct (even blunt) advice and direction if you want to grow your company. This article provides in-depth information, insight, and examples both for mentees and mentors.

Go To Source (www.businessweek.com)
Staying On Top Of Your Game
10/18/2007
Summary:

Small companies are especially bedeviled by long sales cycles. Taking more control of the process will help. What can you do? Do a better job of tracking each step in the sales pipeline, developing a more efficient training program for new salespeople (a refresher for veterans), and more effectively identifying prospects. This article offers additional ways, compelling examples, and expert sources.

Go To Source (www.businessweek.com)

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