Private equity firms have stopped debating whether fractional executives belong in their portfolio companies. It is standard practice now. Venture-backed founders, by contrast, still treat the same decision as a step down.
Read MoreAI engine are, without exaggeration, one of the most remarkable tools I have worked with in my career. But I am concerned that AI is making us dumber.
Read MoreHe liked working with the executive. His team liked working with her. The pipeline had grown. The conversion rate had improved. The forecast was more honest than it had been when she started. What was on the page was a monthly retainer that. He asked, politely, what he was paying for.
Read MoreThe principle is simple: when you sell less time, you charge a higher rate per hour. When a client commits to more time, the per-hour rate goes down, but the total compensation goes up.
Read MoreSome experiences return every year, familiar yet different, carrying new meaning as you grow. For me, Karneval was exactly that—a recurring moment in time that evolved from pure childhood excitement into something much more nuanced in adulthood.
Read MoreWhat he had was a quarter ahead of him that turned on a single, named outcome: launching a new product line into a new region, with a revenue target, by a date already on the board. Would I tie a portion of our fee to whether we hit that target?
Read MoreEvery sales rep who has ever worked with me will quote you one of my favorite sayings: “do not discount.” I mean it. Discounting feels generous in the moment, and as consumers we love it. As sellers, we should be very careful with it.
Read MoreEvery few weeks a founder or owner asks me some version of the same question: “Do I need a CRO, a CCO, or a CXO — and what's the actual difference?” It's a fair question. The titles have multiplied faster than anyone's ability to keep them straight, and hiring the wrong one is an expensive way to find out you misread the problem.
Read MoreA founder once slid a term sheet across a coffee table and asked, with the practiced casualness of someone who had done this many times, whether I would consider taking part of my fee in equity. He named a percentage. He named a valuation. He did the math out loud.
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