The topic at hand was a philosophy of "Forget it, Ship it." The lesson here is that if there is a market for the beta version of a product you can be honest with the market about that, and, well make a little money along the way.Read More
[W]hen [s]he was managed, even just a little bit, [s]he was able to work to [her] capacity and do great...I learned this lesson for myself with an employee I’ll call Sharon...The result, she became one of the most useful employees that I had....If you look at time as your only real asset, and there is an employee with a potential ROI as high as hers (spend <10 min/week = good employee) then the value of the time from good → great employee is worth it.Read More
Attached is my thesis paper from law school. It is long, though some might find it interesting.
The concept started when I noticed my parent's generation starting to retire and, specifically, my dad. He was a solo-practice dentist and had never sold a business before. He had to become an expert at it for a single transaction.
That lead me down a rabbit hole of the differences between small companies and large when they transition ownership or leadership. This paper is about those differences. Someday I'll post and individual section or two.
~ BickertonRead More
I’d like to start a conversation about business growth, specifically about the Boulder Thesis of startup communities. A couple weeks ago, I was invited as a volunteer with the Vail Leadership Institute to the Northwest Colorado Council of Governments Economic Development District bi-monthly meeting. I focused my time with them discussing some of the Boulder Thesis of entrepreneurial communities.Read More
“The first check you write is for the mortgage but the second is for the insurance.”
-The Blind Side
Risk Management is both a field of study and a practical application process. In short, the concept of risk management asks a business owner to identify risks, assess the potential costs associated with those risks, and take steps to lessen or eliminate those costs.
Car insurance is the classic example of traditional risk management.Read More
When considering when to hire and when to fire I try to keep in mind that:
1) It is cheaper to keep a good employee than replace a good employee;
2) It is more expensive to keep a bad employee than replace a bad employee;
3) It is more expensive to find a good employee than a bad employee.
The cost of turning over an employee.....Read More