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Category Archives for "A La Mode"
2

Re-Calibration Tool

Use this spreadsheet to determine how many shares the company should buy-back from participants so the new split aligns with the Slicing Pie allocation. Buying back shares, rather than issuing new shares, could help avoid unnecessary taxes. Talk to a Slicing Pie Lawyer about what’s best for you!  

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2

Advisory Board Member Letter

When inviting a Grunt to join an Advisory Board for a company using a Grunt Fund care must be taken to set expectations about compensation. It’s important that they understand how a Grunt Fund works and that they are not entitled to cash compensation. Click below to download a sample Advisory Board Member letter for a company using a Grunt Fund.

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3

Time Tracking

NOTE: Since creating this post I have launched the Slicing Pie Pie Slicer software that keeps track of all types of contributions.  There are a lot of time-tracking tools available online. Many of them will work just fine. I’ve tried a number of them and I like Harvest (GetHarvest.com) the best. It is easy to use and […]

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1

Take Cash Out without Cashing Out

From time to time you may want to take money out of your business. You may not want to reinvest in growth or you may need some money for personal bills. For instance, let’s say you and a friend start a T-shirt company and, according to your Grunt Fund, you both have 50% of the pie […]

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1

Offer Letter

When hiring a Grunt for a company using a Grunt Fund care must be taken to set expectations about compensation. It’s important that they understand how a Grunt Fund works and that they are not entitled to cash compensation. Click below to download a sample offer letter for a company using a Grunt Fund.

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4

Grunt Fund (Non) Cheat Sheet

In the book I provide a table of summary calculations. This is a PDF of those summary calculations that you can use as a quick-reference for calculating relative values. You can use it along with the Grunt Fund Calculator or Pie Slicer tool to create your very own awesome Grunt Fund and watch it grow into a behemoth. Click Here […]

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The Grunt Fund Calculator

  To help you form your very own Grunt Fund, I have created an Excel spreadsheet that calculates slices of pie based on the model in the book. Download the Grunt Fund Calculator  Download the Grunt Fund Calculator – Expanded to accommodate up to 20 Grunts! The video below provide a quick explanation on using the calculator.  

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6

House Cleaning Case Study

In the introduction to Slicing Pie there is a story about partnerships. In the story you and I decide to clean a house together for $50 and things get complicated. [box type=”info”] If you haven’t read the book you can have a free sample that includes the housecleaning story.[/box] Here is how the story would have […]

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