article thumbnail

Leaving Government for the Private Sector – Part 2

Steve Blank

I also work closely with all members of the executive team, the Board of Directors, and Advisory Board. Entrepreneur : A successful CIA case officer must be able to operate amid ambiguity and make judgment calls that require strong second- and third-order thinking. An Advisory Board provides advice.

article thumbnail

6 Key Leaders Every Technical Startup Needs To Thrive

Startup Professionals Musings

Yet every entrepreneur I meet wants to talk about the idea, and rarely mentions the team. Thus I was happily surprised when I found the classic book, “ The Tech Entrepreneur’s Survival Guide ,” by Bernd Schoner, PhD, and cofounder of ThingMagic, which leans heavily on the people side of the equation.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

6 Team Members Who Will Make Your New Venture Robust

Startup Professionals Musings

Yet every entrepreneur I meet wants to talk about the idea, and rarely mentions the team. Thus I was happily surprised when I found the classic book, “ The Tech Entrepreneur’s Survival Guide ,” by Bernd Schoner, PhD, and cofounder of ThingMagic, which leans heavily on the people side of the equation.

article thumbnail

The Wrong Advisory Board Will Hurt Your Startup

Startup Professionals Musings

If you are an entrepreneur for the first time, or entering a new business area, it’s usually worth your time to assemble an Advisory Board of two or three executives who have travelled that road before. Here are some tips on using your advisory board effectively: Select people who complement your experience.

article thumbnail

Startup Stock Options Are Not Reliable Compensation

Startup Professionals Musings

Thus, stock doesn’t “pay the mortgage” today, so to speak. Unless you have a sizable nest egg, or a working spouse with an income to support you, I would recommend that you consider any stock options as a “potential bonus,” rather than a key part of your compensation for joining a startup. 7% Product Manager,2 -.3%

article thumbnail

Six Tips to Maximizing Your Advisory Board Value

Startup Professionals Musings

If you are an entrepreneur for the first time, or entering a new business area, it’s usually worth your time to assemble an Advisory Board of two or three executives who have travelled that road before. Here are some tips on using your advisory board effectively: Select people who complement your experience.

article thumbnail

How Many Startup Stock Options are Enough?

Startup Professionals Musings

Thus, stock doesn’t “pay the mortgage” today, so to speak. Unless you have a sizable nest egg, or a working spouse with an income to support you, I would recommend that you consider any stock options as a “bonus,” rather than a key part of your compensation for joining a startup. Advisory Board Member, 1% Senior Engineer,3 -.7%