Mike Moyer - Slicing Pie

All posts by Mike Moyer

Slicing Pie for the Small Business Centr

See a complete overview of Slicing Pie and how to implement your very own Grunt Fund. Mike Moyer, the author of Slicing Pie, presents the concept for the Small Business Center.

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Grunt-Fund Friendly Lawyers

I would be happy to connect you with an attorney who can help you set up your Grunt Fund or similar dynamic equity split program.

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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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Dilution is Not a Four-Letter Word

Dilution, however, isn’t necessarily a bad thing. In fact, dilution can be a great sign that your company is growing and doing the right things.

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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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Retrofitting a Grunt Fund- New Chapter Sneak Preview!

If you have already launched your business chances are good that you have already implemented a fixed split that is causing some angst among the founders. You now need to unwind your fixed split so you can get on the right track with your equity. This will require you to retrofit the Grunt Fund. Retrofitting […]

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Ideas and Intellectual Property- New Section Sneak Preview!

There are two ways to reward Grunts for business-enabling ideas and related Intellectual property: The first is to calculate the theoretical value of the idea and the second is to provide an ongoing royalty payment (cash or pie) to the inventor. It’s important to remember that ideas without action are relatively valueless, no matter how […]

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New Cartoon for v1.3

I’m working on version 1.3 right now, the main update deals with the “idea premium”. A number of people can’t get over the fact that I don’t value ideas. I do value certain ideas without which the business wouldn’t be possible. So, now there is a way to calculate the value of an idea… … […]

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The Idea Premium

It is quite common for founders who originated the idea to fret over their ability to “get a little extra” for coming up with the idea for the business.

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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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