Category Archives: ENT 600

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”

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”

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 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”

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”

As entrepreneurs do what entrepreneurs do, it is important to know what your ideal outcome will be.  Going into my business, I knew that I wanted a long term income.  I see many entrepreneurs establishing the business, valuing the business and selling the business.  The business is not personal to them and it is easyContinue reading “ENT600 Week 2-Wealth vs Control”