Mike Moyer > Quotes

“The world seems to be designed in a way that success is never as easy as we hope. Getting there takes not only the right vision, but also the right level of perseverance that some people just don’t have.”
― Mike Moyer, Slicing Pie: Fund Your Company Without Funds

“Being an entrepreneur requires a great amount of trust and confidence. It requires bold moves and big ideas that change the way people think about life. When entrepreneurs become less confident and less trusting effectiveness diminishes. When they get burned by their partners they do learn, but they learn bad lessons. They learn to spend more time covering their own butts. They learn to spend more time and money writing contracts and agreements.”
― Mike Moyer, Slicing Pie: Fund Your Company Without Funds

“When employees give up and stay, the environment becomes plagued with resentment and low morale.”
― Mike Moyer, Slicing Pie: Fund Your Company Without Funds

“If the thought of tracking your time makes your skin crawl, you’re not alone (I know exactly how you feel). I hate tracking my time. It’s a hassle. That being said, I do it because I know that it is not only an important way of keeping things fair in a Grunt Fund, but also an invaluable tool for running a start-up.”
― Mike Moyer, Slicing Pie: Fund Your Company Without Funds

“It’s frustrating how often people think money is a motivator. It’s very difficult to refute, but I know that money is only a part of the equation.”
― Mike Moyer, Slicing Pie: Fund Your Company Without Funds

“Slicing Pie is based on a simple principle: a person’s % share of the rewards should always be equal to that person’s % share of what’s put at risk to attain those rewards.”
― Mike Moyer, The Slicing Pie Handbook: Perfectly Fair Equity Splits for Bootstrapped Startups

“In a traditional investment the company takes the cash in exchange for a fixed amount of equity. The incentive is to spend the money because the equity is already granted. In a Grunt Fund we want to encourage people to only use what they actually need. The concept of the Well can help.”
― Mike Moyer, Slicing Pie: Fund Your Company Without Funds

“Fairness is More Fun.”
― Mike Moyer, Slicing Pie: Fund Your Company Without Funds

“Most people, including me, don’t like tracking their time. However, few things will give you better insight into what is going on with your startup company than a time report. If you don’t know what people are spending time on, then you probably don’t have a good handle on your business.”
― Mike Moyer, The Slicing Pie Handbook: Perfectly Fair Equity Splits for Bootstrapped Startups