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6 Valuable Tips to Enhance Customer Retention and Loyalty for Your Business

Women Entrepreneurs Can

Winning new clients for your business is one of the biggest challenges an entrepreneur faces. In a nutshell, customer retention is the key to any business that wants to keep its costs low and sales high. One of achieving this goal is customer retention. So what is customer retention? Customer Retention, Explained.

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Should You Offer Equity Compensation to Employees?

Up and Running

More often than not, equity compensation is an attraction and retention tool, rather than a replacement to salary. Stock options are issued to employees usually through an Employee Stock Option Plan (ESOP) and include what is called a “vesting period.” The longer employees stay, the more of their stock options they “vest.”.

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A Different Approach to Refreshing Stock Option Grants

Feld Thoughts

I embrace this – my goal is to help these entrepreneurs and management teams win. Assume you hire someone and grant them 10,000 options with monthly vesting of four years with a one year cliff. On day 1 of year 3, the person has vested 50% of their options, or 5,000 of them and still has 5,000 left to vest.

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The Corrosive Downside of Acquihires

Both Sides of the Table

And a few teams of super talented, educated and bright entrepreneurs make a few mill. Chief Vesting Officers)? What if the $100 million you’re going to spend trying to win this alleged “war for talent” in stead went into big retention plans to keep your most talented employees. in their 20′s.

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Keep It Under Your Hat: Valuation Caps and the $650 Million Sale of MySpace for $125 Million

Gust

Entrepreneurs and investors who have spent any time dealing with convertible debt seed financing transactions are likely to have encountered the subject of valuation caps. Valuation caps can come into play in settings other than seed-stage convertible note financing rounds. Read on for a fuller explanation. of MySpace, Inc.

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Making Decisions in Context

Austin Startup

Compensation decisions obviously affect hiring and retention. Set any vesting schedules and expiration dates on roughly similar terms, if for no other reason just so you can track all of them correctly. Keep a close eye on your competitors but also on your peer entrepreneurs in your town; they provide the context relevant to you.

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A Few Key People Really Can Make a Huge Difference

Both Sides of the Table

I’m an entrepreneur at heart so I’m always inspired when I hear stories about innovation. It’s why my investment philosophy is called, “ the entrepreneur thesis.&#. Passionate Entrepreneurs & Ambassadors. You need to have passionate tech entrepreneurs who want to build businesses locally.

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