Oftentimes, you will read stories about employees being screwed on stock options in a startup or founders being total jerks during the acquisition process and leaving the employees nothing. Here’s a way to put everything in context before anyone of you decide to join a startup. In short, please keep your eyes wide open before joining a startup and understand the different perspectives.Continue reading When you join a startup, Please keep your eyes wide open
If I have a choice to build the business of my choice, one strategy which I strongly favor and adopt is vertical integration. In this essay, I will explain why I have come to this position as compared to the other approaches I have seen and done in business.Continue reading Why Vertical Integration is my default choice of Strategy in Business
Many years ago, one of the startups which I co-founded ran out of money, and with the remaining resources we have, I was forced to lay off the remaining employees of the company which they do not deserved to be made redundant. That experience has traumatized me and from time to time, I reflected about the incident. It helped me to frame my thinking around hiring and how to advise people in similar situations. Here’s a framework which hope that it might be of help to those who may have no choice dealing with such difficult situations.Continue reading Handling Layoffs in Startups
If your startup is near death or showing signs of potential failure and you have probably less than 2–3 months of run rate, what should be your strategy in such a difficult situation?
Continue reading Live to Fight Another Day
The best businesses have one interesting feature when the company’s vision and strategy are described by the founder of the company: the business strategy for the company is extremely easy to communicate but difficult to execute. Continue reading Simplicity in Business