Venture Launch & Project Management

   High Impact Projects.  Compelling Cost-Benefits.

Here's what five CEO's reported in recent San Francisco Business Times 'Entrepreneurial Profile' columns that they liked least about their jobs.

• "Process"
• "The administrative workload"
• "Accounting. It's difficult and frustrating for me"
• "Administration tasks related to legal contracts"
• "An incredible amount of time on legal documents"

Ken Koretz founded Clearwater Projects in 1990 to off-load essential launch tasks from entrepreneurs - to keep them focused on what CEO's have described as favorite tasks:

• "Developing business relationships"
• "The complexity of steering toward the vision"
• "Working with the development team and the sales team"
• "Managing all the competing No. 1 priorities"
• "I get to think every day about something new"

For first time CEO's, Clearwater Projects bridges the critical 18-30 months between bootstrapping and hiring a full-time CFO / Controller / COO.

For serial entrepreneurs, Ken lends a seasoned pair of hands when a do-it-yourself project would side-track the CEO, a full-time CFO is premature and an outside accountant or attorney's hourly rate would be unsustainable.

• The CEO defines expected project outcomes
• Ken proposes alternate strategies, cost, duration and resource needs
• The CEO chooses among options and sets priorities

Benefits

• The client controls priorities, costs, staff scheduling and reporting frequency
• The start-up conserves cash by offering stock options as partial consideration
• The start-up postpones full-time finance and administration overhead
• The CEO oversees a seasoned project manager without getting bogged down by 'least favorite tasks'
• The CEO can focus on IP, partnering talks, funding presentations, key recruitment and sales

Ken Koretz has completed dozens of high value finance, planning and operating projects, saved clients millions of dollars, reviewed and negotiated scores of legal agreements, and helped to raise over $75 million venture equity.

Client industries span medical device, environmental, software, hardware, internet services, energy, financial services, beverage, hospitality and commercial real estate development.

Prior to founding Clearwater Projects, Ken sourced and negotiated $1 billion in structured, corporate finance deals across a broad range of industries, earning Citibank $17 million without loss or renegotiation.

"I referred you because you understand the big picture."

Robert Fields, President, Fields & Associates