The Great CEO Within: The Tactical Guide to Company Building

Getting Things Done: The Art of Stress-Free Productivity by David Allen.

has the power to purchase your product.

But how do you get the investor to like and trust you?

SAFEs usually convert at a discount to the next priced equity round and can also have a valuation cap. I recommend always having a SAFE open, even after you do a priced round. Here is an example of what this might look like: When you start your company, you would raise your initial money of $2–5 million in a SAFE. When you hit product-market fit, y

The general rule of thumb is that you should have no more than 25 percent of your net worth in “alternative assets” (illiquid assets).

The more influence they feel they have on the outcome, the more they’ll be invested in the final result.

an open office hour, during which anyone can come introduce an issue. This ensures that all employees feel that they can be heard but limits the amount of time required to a predictable level for the manager.

There is a simple fix. I only need to prove to you that I have “heard” you. And to do that, I only need to repeat back what you’ve said in summary form (by saying, “I think I heard you say…”) until you say, “That’s right!” Then you will feel heard.

I recommend making this a daily practice. I do it first thing every morning.