People/Personnel

It takes a team

One of the most common errors that Entrepreneurs make when approaching Angel investors is presenting their idea with just themselves. Each individual has its strength and weaknesses. A company needs a wide range of skills to be successful. The three main roles that have to be identified are a sales/marketing person (preferably with industry experience), [...]

High Growth Potential vs. Execution

Historically our angel investment criteria have always focused on the ability of a management team to prove they can deliver on a high growth business concept. Our return on investment has been tied to the entrepreneur’s ability to produce the revenue and profit growth needed to create enterprise value. Our exit has always been seen [...]

Do We Have the Right Management Team?

As Angel investors we all want the ‘A’ team managing our portfolio companies, but we rarely expect to find one. What we tend to do is supplement the existing team with people with experience so that we have a reasonable chance of growing the business and avoiding the basic mistakes. We want to see a [...]

Should I Tell My Staff?

If you want to get into a heated argument, put a dozen CEOs in a room and ask them if they should tell their employees that they’re preparing to sell their company. What you’ll find is that they quickly polarize into those who would tell their staff and those who would not. Each group will [...]

Everyone Works for Marketing, part II: Retention = Marketing

An industry colleague resigned his position today, after a significant stint at his company. With his departure, his company will actually be losing more than a single employee – they’ll be losing a significant marketing asset, in terms of both institutional knowledge and external influence. The shame of this loss is that it would have [...]