Founder’s Cap

small business development
Do You Truly Want To Be A Growth CEO?

Professor William Wetzel, a venture capital expert, is credited as the first person to use the term “lifestyle business.” In these companies, he said, “there’s no upside potential for creating wealth.”

Today, the term “lifestyle business” is oftentimes used dismissively. The companies we respect most – Apple, Google, Amazon, Coca-Cola – are growth companies with untold potential for creating wealth.

If you were to ask 100 business owners if they had lifestyle companies or growth companies, it is likely that upwards of 95 would tell you growth. That’s not because 95 truly do, but because only 5 are willing to admit they don’t.

small business development
Are You Caught Under The Founder’s Cap?

Steve Jobs once said, “Don’t let the noise of other’s opinions drown out your own inner voice; and most important, have the courage to follow your heart and intuition.” This is great advice for someone starting a business; but terrible,…

small business
What Kind Of Executives Do You Need for Your Small Business

What’s the best kind of executive to have on your team:
a) A Yes Man?
b) A Doubting Thomas?

The truth is that when you look around the board table of high growth companies, you see a wide variety of leaders, and that’s the way it should be. Having a yes person isn’t a problem unless the whole leadership team doesn’t challenge the owner or CEO. A Doubting Thomas can provide a great alternative perspective, but a room full of them means your company will get stuck in indecision and nothing will happen.
A successful leader will make sure to have a wide variety of voices around the table and be willing to hear those voices in an open and true forum.