Crisis management,Cash? Equity? How should a startup pay its attorneys,The hallmarks of a great boss

Here’s the latest from VentureBeat’s Entrepreneur Corner:
Cash? Equity? How should a startup pay its attorneys? – Cash is king, but it’s sometimes in short supply when you’re a startup. Some firms swap out equity for legal representation. Others cut back in other areas to pay in cash. Attorney Scott Edward Walker examines the pros and cons of the methods.
5 challenges entrepreneurs never expect – You expect troubles like building brand recognition and finding a superlative staff when you launch a startup, but there are a number of unanticipated hurdles that always present themselves. Michael K. McKean, CEO of the Knowland Group, discusses five he faced – and the lessons they taught him.
17 words and phrases to avoid in your business plan – Sometimes, words that make sense as you write them in your business plan quickly result in a rejection from the investment community. Megan Jones, director at Hadley Partners, lists 17 superlatives and phrases you might want to avoid.
Crisis management by firing executives – and why that’s futile – The shelf life of a VP of sales at a startup is about 18 months, says serial entrepreneur Steve Blank. But firing those people when the company doesn’t meet sales expectations isn’t always the right way to proceed. Often, it turns out, the problem is with the way you’re approaching your business model.
The hallmarks of a great boss – Traditional schools of thought say if you monitor your employees and your startup’s processes, you can be a great boss. But Stanford professor and author Bob Sutton, in this Entrepreneur Thought Leader Lecture, says that can sometimes be the worst action possible.