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This introduction provides a basic overview of buy-sell agreements and describes the three basic types.
When growth goals and philosophies differed between original partners, the "shotgun" buy-sell agreement allowed for a fair buyout process.
Carl Behnke's investment of more than 20 years on the board of Junior Achievement is just one example of his belief in giving back.
When the attempt to buyout a senior partner failed, business partners realized the necessity for a buy-sell agreement...many years after the business was founded.
Whether a company is built with 50/50, majority, or minority partners, the author shares key lessons learned about buy-sell agreements as his companies grew and became more sophisticated.
A buy-sell agreement that properly anticipates all of the challenges and dynamics of rapid expansion is a must. The author asserts many entrepreneurs often are so excited to get the company started that the details typically addressed in a buy-sell agreement are overlooked.
The author discusses how to get the most from a buy-sell agreement, encourages entrepreneurs to detail very specifically what happens when ownership changes occur, and elaborates on the language required for valuation of the shares.
Stanford University professor, Tom Byers, discusses ten enduring success factors of high-technology entrepreneurship, including planning, teamwork, venture financing, leadership, cash flow, market positioning, partnerships, and identifying business opportunities.
Jeff and Bobby Beaver, Co-founders of Zazzle and graduates of Stanford University, describe their story and entrepreneurial experiences in building an internet start-up. They discuss the passion, dedication and the power of small teams in achieving a vision.
Janice Fraser, CEO and a founding partner of Adaptive Path, discusses the entrepreneurial leadership qualities that have contributed to the success of her user experience consulting company.
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