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Lisa Shepherd Articles
Written by: Lisa ShepherdManage Your Cash Flow And Share Business Success Benefits - Click To Read Article
Advice For Startups - Manage your cash flow. You can’t spend a lot at the beginning. I was under a mountain of MBA debt coming out of school. I didn’t have the money to pay people top dollar so I used an innovative compensation structure. We had small salaries and large pay-for-performance incentives. If we didn’t sell any work, we didn’t get paid. That was a model that helped the business get off the ground. We offered much lower salaries with a lot of upside potential. With this mode we attracted people who were entrepreneurial. We’re constantly looking to innovate and be entrepreneurs – so this compensation model fits our culture perfectly.
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About the Author: Lisa Shepherd RSS for Lisa's articles - Visit Lisa's website Grew from $335,000 to $1.1 million in revenues in 2 years (242% growth) ----- Lisa Shepherd is a respected entrepreneur with 2 successful business start-ups and sought-after expertise in market opportunities and innovative business structures. She has over six years of consulting experience in addition to five years in direct industry roles with global corporations and entrepreneurial ventures. In the last 5 years Lisa has consulted to clients in over a dozen industries, including healthcare, technology, financial services, education, consumer packaged goods, manufacturing and numerous others. Lisa’s current role involves working with clients to identify their objectives, designing projects that fulfill those goals, ensuring The Mezzanine Group leverages its intellectual capital and planning the strategic direction of the company. Click here to visit Lisa's website Manage Your Cash Flow And Share Business Success Benefits |
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