Are you the founder of your own company and suspect your pay is less than industry average? If your board is refusing to give the raise you deserve, this article will shed some light. A recent study reveals the dark secret that founder pay is often $30,000 less than non-founder executives. Find out how to counter this bias.
Tony Griffiths, Board Director and financial investor in start-ups, says relationships with others will affect your success in business. As CEO, your Board will scrutinize how motivated you are to work with the Board (or not). Tony tells the story of Lou Holtz, coach for the Notre Dame Football team, who led his teams through consecutive years of outstanding performance. Lou was a man of few words, but he knew how to build teams that won games. One victorious season, Lou was asked by a TV announcer, “How do you motivate a football team?” Lou did not even hesitate in his reply, “You get rid of anyone who is not motivated to be on the team." Read more
Well done to Mark Warren, the CEO of Pethealth Inc., and the rest of his team for being ranked #25 in PROFIT magazine’s annual ranking of Canada’s fastest growing companies. Pethealth (listed for the second time in the rankings) is a leading provider of pet insurance and pet related data management services to the North American companion animal industry. For $250 a year, Pethealth gives you the security of knowing that if anything happens to your pet, your vet bills are covered.
This Canadian entrepreneurial company (now owned by Yahoo.com), could benefit your business website and save you money. Tom Peters, überguru and author of posts photographs during his business travels on his website, but in fact Flickr is the host. Tom’s website maintains its high return readership thanks to his oddball shots of England, Russia, Mauritius or wherever in the world he is presenting. Tom says it is extraordinarily simple to refresh images. He simply visits the Flickr website and with one click he adds a news photograph that automatically updates his website. Within minutes of the posting, the new photograph can be seen by his website readers. Visit Flickr
Investors rush to give capital backing to those management teams who can demonstrate that they understand their business risks. Yet, many business owners ignore the topic of risk altogether. Jacoline Loewen writes in magazine about common business risks and offers practical insights into how to deal with them.
