Good to have skin in the game!4 Dec 2017 08:32
I was also impressed with what DM said here:
"In September 2017 AuditSec Services was acquired by Falanx Group for stock and I became Group CTO. The below the radar transformation and rebuilding of Falanx was to begin. Now the hard work would begin. The important piece of that paragraph is the line �for stock�, not cash, not cash and stock, stock. It meant skin in the game.
Commercially I have been successful enough to be solvent and comfortable in life and I�d need to be if I was going to take a fifty percent plus haircut on salary with a small company like Falanx unable to pay me a solitary employment benefit compared to say Gartner. No shiny contributory pension, no car allowance, no family health benefits (I have a wife and two children 6 and 4) only the promise of long hours, indigestion and long trips up the M5 from Bath all hours of the day and night. I don�t need to be at Falanx, I�m choosing to be there as long as I�m heard and people follow my lead to drive revenue and product. Six months of John wearing me down to join made me realise that for the first time since SmoothWall in 2001 I had an opportunity to make a commercial gain of a significant nature, even with a smaller holding. But matched to an aligned promise to come in and be heard and have a business that I could shape. So for FLX shareholders thinking that expenses or expenditure is an incentive, not with Mike Reid on watch. My bank manager must think I�m slightly bonkers, thankfully my wife is supportive and sees the bigger picture.
Since then business process re-engineering has been my focus and looking at every aspect of the business and the creation of a suite of tools and technologies that we are about to go to the market with, that nobody has seen coming. I am very proud of what we�ve been doing under radio silence, aided by partners and longterm friends providing input from my Open Source Rolodex."
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