Monthly Archives: January 2012

What is Strategy?


I get to see a lot of business plans or Powerpoint presentations, and, when I review them, I find it peculiar how many lack one or several basic points that effect a strategic plan.  First, let us define what is … Continue reading

Posted in Capital and Management, Entrepreneurship, Strategy | Tagged , , , | 4 Comments

Change an embedded management culture or die – the case study of Kodak Bankruptcy


When I did my MBA internship at Xerox in Rochester, NY, I had an opportunity of visiting the “other” company in town – Kodak.  The personalized tour guided me through their manufacturing facilities, a team presented a lecture on how … Continue reading

Posted in Entrepreneurship, Management and Capital | Tagged | 2 Comments

How can a startup manage its legal costs — the abc’s of legal management


In another Blog from another site, I made some quick comments regarding how to manage legal costs when your company is a startup and/or has limited capital.  Because of time limitations, I failed to discuss the issues overall with legal … Continue reading

Posted in Capital and Management, Management and Capital | Tagged , , , , , , | 1 Comment

Cost of Capital, VC funding, and EVA


Senior managers of start-ups or young companies ask me a series of questions consistently that I always find challenging: What should be growth or ROI for my company?  When should I approach a VC fund? My first question I address … Continue reading

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Does IP ownership guarantee profitable revenues?


Various companies I meet every week constantly bring to the forefront the ownership of some IP patent.  Some of these companies believe that the patent by itself will guarantee that investors will be knocking down the door. I am always … Continue reading

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How a start up should spend its limited capital


When I had been employed with a VC firm in the D.C. area, I had been tasked to do the due diligence on local companies and present my conclusions to the investment committee.  One company of many I reviewed stood … Continue reading

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Adding to your management Team


“10% of something is better than 100% of nothing,” I was once advised by the Managing Director of a major Wall Street Bank.  His comment was the result from his observation of what type of manager was needed to be … Continue reading

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