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Podcast: Investor Connect Podcast
Episode: Startup Funding Espresso – Hiring a Turnaround CEO
Description: Hiring a Turnaround CEO Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In many turnaround situations you’ll need to hire a new CEO. Here are some key points to consider when hiring: Track record -- look for someone with a proven track record in turning around businesses. Cash management -- needs to monitor cash on a daily basis and manage all expenses closely. Operations focus -- must have an operations mindset and the ability to apply it to the startup in a turnaround. Financial literacy -- must be...