"shr...@[EMAIL PROTECTED]
" <shr...@[EMAIL PROTECTED]
> wrote:
> Where to get him/her?
> How to bring him/her aboard?
Realistically, you cannot. Sorry, but you cannot. Not at this
stage. You're just a pipe dream to such a person.
You have to get your company started, generate good cash flow, and
have a HUGE SOLID upside for the future for the person you seek to even
give
you the time of day.
Oh, and if they ever hear such put-downs of CEOs as you gave in your
post, they'd write you off right then and there. Why would they want
to deal with someone who thinks of them in such a negative light?
Their job will be hard enough without that headache from the founder.
> What is an appropriate equity stake to trade for the person getting
> round 1 financing?
Your stock is worthless at the moment. How much is a million shares
of a pipe dream worth? Zip. Nothing.
> What personality traits should I look for?
I would more recommend you first change your attitude towards CEOs
before anything else.
You're asking for a rare breed in CEOs and that's an entrepreneurial
manager. Read "The E-Myth" by Michael Gerber to see what I'm talking
about. In that scenario, you're just the Technician.
And if you ever get such a CEO, realize that you're then out of the
driver's seat. He runs the show and must run the show. No backseat
driving by you. He will answer to the Board of Directors but your
voice on that will be so small it will rarely be heard. The ones that
will be heard are the representatives of the financiers and investors
sitting on the board and those that have a HUGE amount of experience
steering such a company to greater heights.
Sorry, but if you want to make this business a "go", you'll have to be
the CEO. You'll have to start the company and get it running under
its own power. You'll have to assemble a management team that can
handle the explosive growth. And that's saying there is any explosive
growth. Odds of that are very small.
For example, I'm just the sort of person you would want on your
management team. An experienced marketer that enjoys the challenge of
an explosive growth company. No, I'm not asking you to ask me. I'm
already taken. Taken by someone that is right now doing what you need
to be doing ... or wish you could do. My boss is presently waiting on
a hedge fund to drop $200 million on his company. That should happen
next week by the looks of it. He's assembled a management team to
take care of all aspects of the company. Each of us are experienced
professionals in our fields. And how he got us to join him is because
he is a highly respected expert in the industry with decades of work
experience in it. He wrote up a business plan, assembled us to be his
management team, took the plan to a broker, and that broker took it to
hedge funds. One of them liked his business plan and knew he was
someone that could make it a reality.
But he isn't getting the money because of his business plan. He's
really getting the money because of who he is. Hedge funds, venture
capitalists, and angel investors invest into the man, not the plan.
Business plans are not a dime a dozen, but free. What isn't free is
the person that can make them a reality. The person that has the
industry knowledge, work experience, the right attitude, massive
brainpower,
and, most im****tant of all, the initiative to do it. My boss is just such
a
person. Are you such a person? If you are, you might be able to do
as he did. If you're not, you must grow your mighty tree from a tiny
nut.
Good luck!
Scott Jensen
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