Succession of the CEO CEO Succession is a new process to me. The transition of the CEO is intense for any business. Having a succession plan leads to a smooth transition for the company and in turn leads to more confidence of employees, investors and business partners. In many cases the CEO vacancy is planned,Continue reading “ENT 600 Week 7”
Author Archives: tina jones
ENT 650 Entrepreneurial Finance
What do you tell your employees if you can’t make payroll? By Tina Jones Running a business is not easy. Running a business without the capital to make payroll is gut wrenching. What do you tell your employees if you do not have the money to pay them? After all, the employees are the backboneContinue reading “ENT 650 Entrepreneurial Finance”
ENT 650
Entrepreneurial Finance Crowdfunding with Indiegogo By Tina Jones Indiegogo is a crowdfunding platform established in 2008, where innovative entrepreneurs meet investors. Indiegogo is one of the leading crowdfunding platforms for tech products, but also has opportunities to connect with other innovative ideas as well. While there are many crowdfunding platforms, many choose Indiegogo because ofContinue reading “ENT 650”
ENT 650
Inheriting the Family Business By Tina Jones Whether you are planning to retire, sell, or close your business in the future, you should have a written exit plan. Succession is a fact of life; it is better to prepare for it rather than ignore it. Because for many, the business is their most valuable asset.Continue reading “ENT 650”
ENT 650
Does Your Business Need an Angel? By Tina Jones If you are starting a business or have a grand idea, it is important to know about angel investments. Unlike many of the conventional methods of getting start-up capital, angel investments have the potential for more than money. You may wonder who angel investors are? AngelContinue reading “ENT 650”
Retaining Your GREAT Employees
Week 6 Business owners know that every once in a while, you hire a great one. Whether they were great straight out of the gate or they grew to be great while working for you, you don’t want to lose them. According to How to Hire A-Players written by Eric Herrenkohl, there are some waysContinue reading “Retaining Your GREAT Employees”
Role Dilemmas ENT 600
Reflection from The Founder’s Dilemmas by Noah Wasserman Week 5 Being the founder of a company is not easy. Being a co-founder of a company is harder. One would think that working with a partner would make things easier. In addition to the division of the work, you also must decide who gets which title. Continue reading “Role Dilemmas ENT 600”
ENT 600 Hiring an A-Team
ENT 600 Week 4 If you are trying to build a successful business, hire people that can help you build it. Hiring A-Players not only helps you build your company, it also allows you to have a life. If you hire people that can run the company without you, the value of your company evenContinue reading “ENT 600 Hiring an A-Team”
ENT 650 Week 3 Importance of Financial Statements
The importance of financial statements to entrepreneurs. As I embark on reading Entrepreneurial Finance by Steven Rogers, I realize the importance of financial statements to an entrepreneur. Financial statements are a picture of the company in its present state of financial health that can be used to project the future of the business. Each statementContinue reading “ENT 650 Week 3 Importance of Financial Statements”
ENT 600 Week 3 Building Social and Financial Capital
As a founder of a company, I can certainly appreciate the importance of social and human capital. While my company was a small endeavor, the social capital that I had built was invaluable as we needed a loan. Imagine a young couple with a drive for doing business but very little money. Luckily, the youngContinue reading “ENT 600 Week 3 Building Social and Financial Capital”