Yawn. Come on, man.
The media — starting with the lapdog, captive Russian media — breathlessly reported that Putin survived a vicious attempt to assassinate him a couple of nights ago at 2:00 AM local time.
First of two Putin-seeking attack drones explodes on roof of building across the street.
Get a grip, man. Are you really this stupid? Continue reading
The other day I had an amiable chat until the chap says, “You’re a bloody fascist!”
“Truly?” asks your Big Red Car.
“Yes. You’re a bloody fascist.” No exclamation point this time.
“What exactly is a fascist in this context?” asks your BRC.
The chap could not really enlighten me. Deer in the linguistic headlights sort of dumbfounded look.
I then conduct an experiment and ask pals of mine from both sides of the aisle, “What is a fascist?”
Blank stares and one good overview of Benito Mussolini’s bio. Continue reading
Everybody is working 24/7 and fast as Hell — right?
Is that the most effective way to successfully run a business — startup or otherwise?
The answer is: it depends. It depends on a lot of things, but generally the answer is a resounding NO!
In Chinese dragon boat racing, pace separates the winners v the losers.
President Joe Biden announced last week his run for re-election in 2024. It did not entail a personal appearance, a public event, any presentation on his part, or any questions and answers. It was a bloody video.
Why?
Joe and Jill Biden in the Pleistocene Age when it all began. Jill was in middle school.
Today, Joe Biden is 80 and none too sharp.
On Election Day, Joe Biden will be 82 and none too sharp.
Joe Biden is seeking a job at which he will be 86 when he finishes and, dear God, none too sharp. Continue reading
DO NOT TAKE FINANCIAL ADVICE FROM A BIG RED CAR — EVER
With that caveat, I want to urge you to investigate how deferred compensation might be a useful tool around the C Suite as part of a well-designed compensation program offering: compensation, benefits, short term incentive compensation, long term incentive compensation, and “something special.”
Deferred compensation fits into the “something special” category.
Let’s start with the basic understanding that you are a startup founder/CEO — in part, at least — for the money. Deferred compensation is a way to manage your compensation to your personal advantage within the rules as they are written.
There are two types of deferred compensation:
1. Qualified deferred compensation programs such as the 401(k); and,
2. Non-qualified deferred compensation programs which are one-off, bespoke arrangements negotiated between the founder/CEO/C Suite denizen and the company. Continue reading
The test of every relationship is this:
Does it inject energy into your existence; or, does it hijack, kidnap energy from your life?
This is true of personal friendships, marriages, business alliances, employees, mutually owned vacation homes, hunting leases, co-oped airplanes, and all situations in which we flawed humans engage with others of the species.
It took me some time to discover and understand this, but it has served me well for many years. I consider it revealed wisdom.
Which brings me to the subject of wisdom itself. I have said this before:
Wisdom is the exercise of good judgment over a protracted period of time. It must be earned.
Good judgment is the product of experience. It must be done.
Experience entails the exercise of much bad judgment. It must be endured.
If you are a startup seeking to raise venture capital, if you are a funded startup seeking to raise a follow on round of venture capital, know this — the Venture Capital Winter of 2023 is upon you.
Suppose you woke up this morning and you looked at your phone and whilst you slept your name had been changed to TRUMP. What would be different?
Trump Force One headed to Manhattan for arraignment of former POTUS Trump for misdemeanor “wrong fork with shellfish.”
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