Category Archives for Blog
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.
Continue readingRetrofitting 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 […]
Continue readingIdeas 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 […]
Continue readingNew 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… … […]
Continue readingThe 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.
Continue readingThe Super-Awesome Presentation Zone Program
The Super-Awesome Presentation Zone Program provides a framework for choreographing a business presentation to make it shine.
Continue readingOffer 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.
Continue readingThe Idiot’s Advantage
I was passing out promises to deliver outerwear to my customers I had no idea what it took to design a new clothing product, let alone how to manufacturer it.
Continue readingHow to Use a Dynamic Equity Split Program So Everyone Gets What They Deserve
Only a dynamic equity split provides a framework of fairness and respect for all participants. All other methods are prone to failure in their ability to treat people fairly.
Continue readingGrunt 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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