:: Founder Clause Test ::

I’m not addressing all of my audience today, just those of you planning to go work for a Start-Up company at its very first days. Meaning, those who plan to take the position of employee #1 to #5 in a Start-Up someday in the future. All the rest can skip this one.

Remember the Pizza test? The one in which we easily found what the founders really think of their employees? Well, this one is kind of the same only you need a poker face to play it. Here’s the thingy.

After you discuss with the founder the great future of the Company, agree that this is a Billion-dollar play and shake hands on the fraction of a percent in stock options. After, you summarize all the details of the salary, the benefits and your responsibilities, ask for one more thing – ask the founder to add a clause to the employment agreement stating your salary will never be lower than his or hers. Now watch the face, and wait for the reaction.

I don’t think I need to go any further. Any resentment of any kind is a sure sign that this entrepreneur has a safety net.

Guess who’s employment agreement is paying for it?

Wadi Writer #1 (Gray)

WadiList@mail.com

Links:
The Pizza Test: http://oocities.com/wadilist/0006.htm
List Home and Archive: http://www.oocities.org/wadilist