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Businesses > Entrepreneurs Moderated > Re: Acquiring a...
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Re: Acquiring a CEO

by ehandbury@[EMAIL PROTECTED] Mar 26, 2008 at 03:10 PM

On Mar 22, 2:21 am, "shr...@[EMAIL PROTECTED]
" <shr...@[EMAIL PROTECTED]
>
wrote:
>
> > I agree with Scott... you need to do this on your own. You need to
> > understand how to sell your product to the potential clients, to
> > understand their reaction, to gauge whether the product meets their
> > requirements, and if possible, change the product to match their
> > requirements.
>
> From my perspective the company is the product. while our end-customer
> is the consumer, our value is generated primarily from the consumer
> consensus. Our revenues come from advertising with technology
> licensing second. Our market share _is_ our value, since this thing is
> built primarily to be sold to a bigger player.

I'm sorry... I didn't understand a single word of your answer above...
how can a company be a product? what is a 'consumer consensus'? And
how is your market share a value when you are just starting out?
Let me give some advise... One of my few positive qualities is that I
am a geek that can communicate to my clients at their level... in
their language. They feel comfortable with me since I don't fill them
with technical jargon, but can talk in terms of ROI, cashflow, real
benefits, inherent/potential risk, etc... things that they understand.
That paragraph of yours would be alien to 99.99% of business people.

....but maybe you are a Technician, then certainly try to bring on a
Sales Mgr, but don't give any equity out... equity is gold especially
in the future where you will kick yourself for giving some sales guy X
% of the company. Dole out equity if they meet certain sales
milestones on an annually basis.
 




 15 Posts in Topic:
Acquiring a CEO
"shrike@[EMAIL PROTE  2008-03-19 17:00:02 
Re: Acquiring a CEO
"Mark T.B. Carroll&q  2008-03-19 20:53:27 
Re: Acquiring a CEO
NC <nc@[EMAIL PROTECTE  2008-03-20 14:22:33 
Re: Acquiring a CEO
"shrike@[EMAIL PROTE  2008-03-21 02:43:59 
Re: Acquiring a CEO
NC <nc@[EMAIL PROTECTE  2008-03-22 03:44:15 
Re: Acquiring a CEO
"shrike@[EMAIL PROTE  2008-03-22 17:51:14 
Re: Acquiring a CEO
NC <nc@[EMAIL PROTECTE  2008-03-23 03:39:07 
Re: Acquiring a CEO
"John A. Weeks III&q  2008-03-20 14:22:58 
Re: Acquiring a CEO
Scott Jensen <Recreati  2008-03-20 15:13:14 
Re: Acquiring a CEO
"shrike@[EMAIL PROTE  2008-03-21 02:44:25 
Re: Acquiring a CEO
Scott Jensen <Recreati  2008-03-22 03:44:50 
Re: Acquiring a CEO
Jim Logajan <JamesL@[E  2008-03-22 06:11:21 
Re: Acquiring a CEO
ehandbury@[EMAIL PROTECTE  2008-03-21 02:45:01 
Re: Acquiring a CEO
"shrike@[EMAIL PROTE  2008-03-21 15:21:56 
Re: Acquiring a CEO
ehandbury@[EMAIL PROTECTE  2008-03-26 15:10:23 

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tan12V112 Sat Nov 22 5:50:32 CST 2008.