02/4/15

The Lowly Letter of Intent

Big Red Car here in the ATX — 43F, light rain, ceiling at 300′ and no wind. Will be 64F before the day is over. Saturday will be high 70’s. No mention of snow.

So The Boss is talking to one of his brilliant CEOs and they were trying to figure out how the CEO would make an important change in the capital structure and ownership of his company. It had been bugging the CEO for months. Months. Finally, he brought it to The Boss and they chatted about it.

The Boss said: “Letter of intent.” Continue reading

02/2/15

Situational Awareness

Big Red Car here. It is 34F here today and it is only going to get to 50F by afternoon. What’s going on, Mother Nature?

Luckily it will be 70F on Saturday and Sunday.

So The Boss got a lot of feedback on his post on the notion of renting or buying experience.

Experience — Rent It Or Buy It?

One of the most interesting bit of feedback wandered into the idea of “situational awareness” which the emailer suggested was an essential part of the benefit of experience. Continue reading

01/31/15

Founder Compensation

Big Red Car here in the ATX — bit chilly today, gray and forebooding. Dum de dum dum, y’all! Like a scary movie soundtrack.

So The Boss gets talking to four of his brilliant CEO clients, all founders of their companies. Out of the cradle but not quite threatening the NYSE just yet. Still successful enterprises and persons.

The topic is the compensation of founders during those fragile days when the company is running primarily on the nutritional value of Ramen noodles, Mountain Dew and  coffee. Continue reading

01/3/15

There Can Be Only One — Lessons From Oregon v Florida State

You know the Big Red Car loves a good athletic contest — Texas v Oklahoma, Tar Heels v Duke. The recent Oregon [not Oregon State, Oregon] v Florida State game was such a contest.

As a startup CEO or a wannabe startup CEO or C suite person, there is much to learn from the recent contest. Read on, beloved reader, read on. Continue reading

01/3/15

Your Personal Story Arc

Big Red Car here on a 40F morning but it’s headed to 65F this afternoon. Going to be sunny which is a bit of a stretch looking at the sky right now.

Hope you had a Merry Christmas and are positioned to have a Happy New Year! On Earth as it is in the ATX, y’all.

Let’s talk about that for a bit. Listen to the Big Red Car tell you about the story arc of YOUR life. Going deep today, y’all. Stay with me. Continue reading