Building an Executive Leadership Team: Tips for the Pro Serve Founder

Building an Executive Leadership Team: Tips for the Pro Serve Founder

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In the early stages of your firm, you’ll hire inexperienced employees to maintain a tight budget. But when you enter the scale stage, that team won’t be enough.

You need an executive leadership team.

Many founders struggle to figure out how to navigate the obstacles that arise when building an executive leadership team. This video simplifies the process.

Watch this video for more on:

    • What an executive leadership team is
    • Why it’s important to have an executive leadership team
    • The right time to build an executive leadership team
    • The 3 ways to split executive leadership responsibilities

Should You Give Employees Equity?

Should You Give Employees Equity?

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Equity splits are the number one cause of business divorces and can cost you millions. So how do you ensure you not only get it right the first time but keep it right as your business evolves?

This week’s video lays the groundwork for it all. Join us to hear about the reasons you should care about equity in the first place, mistakes to avoid, criteria for signing equity, and when to make adjustments.

In this video, we also cover:

    • Six criteria for signing on equity
    • Dynamic equity splits vs static equity splits
    • What dead equity is and how to get rid of it
    • Why 50/50 splits almost never work
    • When to divide up equity

Have You Structured Your Firm Effectively to Scale?

Have You Structured Your Firm Effectively to Scale?

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Have You Structured Your Firm Effectively to Scale?

The professional services org chart is unique. With labor as the highest expense in your firm, it’s critical that you get this right. In this video, Greg Alexander, Founder of Collective 54 and Capital 54, shares the common ways that professional services firms organize their teams, the pros and cons to consider, and how to decouple your rate of growth from headcount.

In this video, you’ll learn:

    • The 3 types of employees you need to structure your team
    • The Up-or-out pyramid in professional services and why it’s a go-to model, but pitfalls to watch out for
    • Professional services team structure and other considerations to preserve margins