12/31/13

Convertible Debt

Big Red Car here.  Well, it’s cold and raw here in the ATX.  Not convertible weather which gets me thinking about a different type of convertible — convertible debt.

The Boss received several questions as to when and how convertible debt would be used by a startup.  This explanation will give you the basics.

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09/13/13

Vision Clarity

Big Red Car here.  Been a bit lazy lately what with The Boss out of town and the house sitter running me ragged.  I love the house sitter because he works me like a rented mule and keeps company with some very attractive young ladies.  He has an outstanding vision of how things ought to be with a lot of pool time and a lot of cruising with his babes.

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09/5/13

Going the Distance — Diana Nyad

Big Red Car here.  Lovely day in the ATX, hot, sunny and wholesome.  OK, maybe not wholesome but I was running out of superlatives.  So what?

If you’re talking about Diana Nyad and her 110 mile swim from Cuba to Florida, you are talking superlatives, my friend.

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07/10/13

The Character Traits and Skills of the Successful CEO — Organization

Big Red Car here.  Another great day in the ATX and why not?  So we’ve been chatting about what makes a successful CEO, those critical character traits and skills that seem to be possessed by those rare beasties.  Things that others can emulate and copy on their way to success.  [Hey, “monkey see” “monkey do” is a legitimate personal growth strategy, haha, Big Red Car.]

One of those elements of success at the CEO level is the ability to organize things in an orderly manner and to harness the clarity of that organization to provide insights as to how to proceed — how to take the next step.  In many ways, organization is the prelude to preparation.  Preparation is prelude to action.

Organize, prepare, act — hmmm, sounds similar to crawl, walk, run.  They are related, Old Sport.  Oh, yes, they are.

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05/29/13

The C Level Employment Agreement — Managing the At Will Employee Relationship

Big Red Car here.  Nice windy and cool day in the ATX.  Kind of hard to figure what kind of day this is really going to be?  We shall see.  Cloudy with thunderstorms is what the Intellicast man says.  Who really knows, it’s Texas.

So the Big Red Car gets an email — haha, the Big Red Car gets an email — from an Old Sport who asks:

“Hey, Big Red Car, this C Level Employment Agreement stuff is great for a CEO but what about us guys in the cubes?  We ain’t chopped liver, we’re software engineers, SEO experts and the like.  How do we get some diluted CEO love?”

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05/24/13

Talking Yourself Down Off the Ledge

Big Red Car here.  Going to be a bit cloudy and gloomy in the ATX today.  Hmmm, it is getting close to Memorial Day, the day of historic Austin, Texas flooding.

You are way too young, Grasshopper, to remember the 1981 Memorial Day floods when Shoal Creek was filled to overflowing with wrecked cars.  Oh, that was a day.

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05/17/13

Fear — where an entrepreneur’s dreams go to die

Big Red Car here.  It’s going to be almost 100F and a bit sunny today in the afternoon.  Hoping to get some top down time this afternoon.

So The Boss is having coffee this morning with one of his CEO clients.  Nice guy.

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05/14/13

George Washington, America’s First Entrepreneur and Startup Genius

Big Red Car here.  Going to be another sweet day in  the ATX — sunny, bit of a breeze, low humidity and cool.  Ah, on Earth as it is in Texas.

So The Boss has been re-reading Washington’s Crossing by David Hackett Fischer and published by the Oxford Press.  This must be the third time he has read it.

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05/9/13

EstateCreate — London

Big Red Car here.  Well, The Boss is working with several CEOs of startup companies and some small/medium businesses.  He enjoys doing it.

Every once in a while it is worthwhile to do a bit of bragging.  The Boss is very impressed with how the CEO of EstateCreate in London is working his deal and growing his business.

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05/7/13

Strategy v Tactics v Objectives

Big Red Car here.  Going to be a great day in the ATX and why the Hell not?  On Earth as it is in Connecticut?  No, dear friends, on Earth as it is in Texas!

So, The Boss is laying out how to build the fundamental intellectual building blocks of a new company.  Have you been paying attention?  Yes, you have, Grasshopper and the Big Red Car appreciates it very much.  Thank you.

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04/15/13

Building an organization — financial talent

Big Red Car here.  Gray and gloomy, bit cool maybe, here in the ATX.  Well, it’s Tax Day and that can put a bit of gloom on everything.

Speaking of taxes, said the Big Red Car with a smile, makes me think about building the financial talent in a startup or small company.

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01/28/13

The Design of Compensation Packages for C Level Execs and Senior Management

Big Red Car here.  The Boss and I had a nice long ride today.  It was a bit cloudy but warm.  I love a good ride through a warm afternoon.

He had coffee with a pal of his and they got to talking about the design of compensation packages for “C” level executives and senior management. Continue reading

01/26/13

“Whip Out” — a technical finance term for entrepreneurs

Big Red Car here.  Wanted to go out for coffee with The Boss but he had something on his mind and made pancakes and bacon at home instead.  That always puts The Boss in a good mood but only on Saturdays.

So he took a phone call this morning and got talking about “whip out”.

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01/24/13

The Power of Checklists

Big Red Car here.

The Boss was up very early this morning and was working on a checklist he keeps to guide him through conversations he has with young budding entrepreneurs in the startup business.  He uses it himself.  He is a checklist guy.

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