Start Up Stories

Put People Stuff First

Posted in Uncategorized by Devon on April 20, 2009

It’s late November and Thanksgiving is nearly upon us with the promise of good food and good company. I see two people-related matters in my notes that are, well — worthy of note. First, if you plan to issue stock options as a form of compensation, I’d suggest you incorporate immediately as a C-corporation; issuing options from an LLC is a less traveled path than a C-corporation option. Second, I see that I was still putting people-related issues (e.g. straightening-out compensation, reviews) first on my list of things to do; a very good idea which pays big dividends. If you take care of your people, they will take care of your customers and your customers will take take care of your shareholders. As the CEO of a start-up, if you have people, take care of them first! The customer comes second.

Do you put taking care of your people first on your weekly to-do list? If not — you’d better rethink your priorities. If you don’t take care of your people, who will? And if you lose your employees, who will take take care of your customers?

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