"Great advice Brian! I agree, decisions based on emotions are bad for business and certainly, one's career. All emotions can be used constructively and destructively. The ability to know and control your emotions, and the ability to recognize and empathize with the emotions of others is truly an invaluable asset."
- Robert Saric
"Alicia, I actually enjoyed this post. I don't necessarily agree with all of your points but I do understand the difficultly of having a successful relationship while being an entrepreneur. If the support mechanism isn't there, and the other person doesn't understand the necessary commitment/order of priority - it simply won't work. I also agree with you that the article by Bridget is a "tad" fairy tail'ish. I believe that there are many characteristics that make an entrepreneur extremely appealing, but in the same breath, equally unappealing. I think with anything, you need balance, patience and aligned interests. I know a lot of people that sacrificed their relationships, to pursue their business interests .. some successfully sold their company but still talk more about what they lost, than what they gained."
- Robert Saric
"Alicia, I actually enjoyed this post. I don't necessarily agree with all of your points but I do understand the difficultly of having a successful relationship while being an entrepreneur. If the support mechanism isn't there, and the other person doesn't understand the necessary commitment/order of priority - it simply won't work. I also agree with you that the article by Bridget is a "tad" fairy tail'ish. I believe that there are many characteristics that make an entrepreneur extremely appealing, but in the same breath, equally unappealing. I think with anything, you need balance, patience and aligned interests. I know a lot of people that sacrificed their relationships, to pursue their business interests .. some successfully sold their company but still talk more about what they lost, than what they gained."
- Robert Saric
"It's hard to argue your model Helge, and I'm sure simple metrics like capital efficiency, time to exit, exit valuations, and return on investment will make it easy to gauge validity. Let's assume, you're in a scenario with two "founders", both are competent, not necessarily C-level but add value to the team. Would it be assumed that they would share the 10-30% equity stake, or is the outcome instant dichotomy?"
- Robert Saric
"It's hard to argue your model Helge, and I'm sure simple metrics like capital efficiency, time to exit, exit valuations, and return on investment will make it easy to gauge validity. Let's assume, you're in a scenario with two "founders", both are competent, not necessarily C-level but add value to the team. Would it be assumed that they would share the 10-30% equity stake, or is the outcome instant dichotomy?"
- Robert Saric
"I would rather "work" for this incubator than participate as a startup in it. This model is a great way for entrepreneurs to get their feet wet, as a student in University I would have jumped all over this when I started my first company -- mainly to learn as much as possible. To be honest, I would recommend just about every recent-grad who has an entrepreneurial itch to participate. It sort of worked in R&D with examples of BNR and Nortel spinoffs -- where a senior exec "owned" a separate product line, and their reward was a small equity kicker with low risk (e.g.if the product line failed, they just move on to the next product/idea) and an established team -- the caveat, however, was that the burn was substantial. It does allow for a fail quick mentality - but founder attachment would be pretty much non-existent (assuming there is some value in that). If there was a discretionary option pool established that vested for all incubator participants (over a term) and could be exercised..."
- Robert Saric
"I would rather "work" for this incubator than participate as a startup in it. This model is a great way for entrepreneurs to get their feet wet, as a student in University I would have jumped all over this when I started my first company -- mainly to learn as much as possible. To be honest, I would recommend just about every recent-grad who has an entrepreneurial itch to participate. It sort of worked in R&D with examples of BNR and Nortel spinoffs -- where a senior exec "owned" a separate product line, and their reward was a small equity kicker with low risk (e.g.if the product line failed, they just move on to the next product/idea) and an established team -- the caveat, however, was that the burn was substantial. It does allow for a fail quick mentality - but founder attachment would be pretty much non-existent (assuming there is some value in that). If there was a discretionary option pool established that vested for all incubator participants (over a term) and could be exercised..."
- Robert Saric
"@sam - you will always know what's best, and if you feel a need to expand, and reach further, take incremental steps every day and your goals will become easier to achieve than you think."
- Robert Saric
"@sam - you will always know what's best, and if you feel a need to expand, and reach further, take incremental steps every day and your goals will become easier to achieve than you think."
- Robert Saric
"Thanks for the comment Dragana! :) I agree, a "leader is someone who"blends extreme personal humility with intense professional will" -- Jim Collins"
- Robert Saric
"Thanks for the comment Dragana! :) I agree, a "leader is someone who"blends extreme personal humility with intense professional will" -- Jim Collins"
- Robert Saric