Posts Tagged "Termination"

The Magic of Mutipliers

Posted by on Oct 31, 2014 in Blog | 0 comments

For the Slicing Pie model, I recommend a non-cash multiplier of two (2) and a cash multiplier of four (4). Non-cash contributions include time, ideas, relationships and anything else that can be contributed without spending actual cash. Cash contributions include cash (when spent) and un-reimbursed expenses. These numbers are set based on my personal experience with the model and they are important. There is no science or special math behind them, but I encourage you to resist the urge to change them! The multipliers make the model work. Without them, you will be less successful in achieving...

Read More

The Good Way to Say Good Bye

Posted by on Sep 20, 2012 in Blog | 0 comments

Entrepreneurs and investors spend a lot of time thinking about putting together the right team. But just as getting people on your team is important, getting people off your team is important, too. How you say goodbye, however, must be handled properly because doing it wrong can cost you your business. There are four circumstances under which a person can leave your company based on two variables. The variables are “how” and “why”. The how can be that they decided to leave or you fired them; the why can be for good reason or for no good reason. They can be summed up in a nice...

Read More