Official website of Dave Berkus
- Entrepreneurs: Employment law is not on your side! 03/06/2025A punch in the gut Small companies most often scrape by with borrowed or invested funds, doing everything possible to grow and prosper with limited resources. So, it is like a punch in the gut when an employee makes a claim against the company for a perceived or actual violation of a law or regulation. […]
- A worker compensation policy is not optional. 02/27/2025Is it the law of most states? This is one that early-stage CEO’s are almost universally unaware of. Most every state requires that any company with employees be covered by a policy of insurance against claims by workers for injury on the job, or worker compensation insurance. Many states have privately owned – but state-overseen […]
- Insurance is always too expensive – until you need it! 02/20/2025I expect that you have a story about how insurance saved you lots of money in your past. And of course, that’s the purpose of paying for policies when you think you’ll never need them. So, here comes the fact: Business insurance is one of the more poorly managed mitigations of risk in small and […]
- Pay non-cash incentives to service providers? 02/13/2025Use stock options and warrants to pay for service only rarely. Earlier, I stated that stock options are the currency of early-stage business. This truth is obvious when a start-up has no cash. So, we will assume a business is perhaps well beyond start-up and growing, but that cash is tight, used for growth and […]
- What founders often get wrong! 02/06/2025Thoughts from BERKONOMICS – Dave Berkus After 50 years in entrepreneurship and 200+ startup investments, here’s what most first-time founders get dangerously wrong: They obsess over the wrong metrics. The five most important metrics I’ve watched brilliant ideas fail because founders tracked vanity numbers while ignoring the real drivers of sustainable growth. The truth? There […]
- Find great advisors for your team! 01/30/2025Your valuable resources are often missed. Whether you find advisors from family, friends, faculty or fellow managers, great advisors can become an informal resource that rivals that of more formal resources, including board members. You will certainly know when you’ve found such a treasure, almost always through introduction by others and rarely because you have […]
- Really do think outside the box. 01/23/2025So, you’re managing all that work, all those interruptions, all those texts and pesky emails. You get home or stop your reading at some reasonable hour, kind of tired, and need a recharge. Sound familiar? Well, that’s probably because you’ve “wasted” a significant portion of your time on tasks others could have done effectively. So, […]
- Don’t stray from your core competence! 01/16/2025Consider your core. It is the one skill, process or advantage you have over your competition. Then think of all the things you do to surround that core with people and assets that complete your company and allow you to release your product or perform your service. Which of your IP assets are your […]
- Does AI aid or challenge your core competency? 01/09/2025Consider your core It is the one skill, process or advantage you have over your competition. Then think of all the things you do to surround that core with people and assets that complete the company and allow you to release your product or perform your service. Don’t diminish the effectiveness of AI in your […]
- Know your four “P’s” to build business in a new year! 01/02/2025How do you manage a great business, as opposed to being a survivor? Well, here are the four areas you should focus upon every day. Now, some of us remember things better when given a catchy phrase or rhyme. So, here’s one to help you with squeezing the most out of your own available resources. […]
