Some of these tips are (in my opinion) truly bad advice, and some are great, but they are all worth reading. And the ones I’m including in this post seem very true to me.
Writing in TechCrunch, Ben Horowitz offers three reasons why founders fail as CEOs. The most interesting is the third: The founder doesn’t really want to be CEO. Not every inventor wants to run a company and if you don’t really want to be CEO, your chances for success will be exceptionally low. The board panics. [...]
Here’s another great lesson in not believing so-called data, statistics and research.
When somebody on your team presents you with some surprise good news, the results of a job done well, or a task accomplished with extra merit, you really need to react quickly, and well. Here’s what I recommend you do when somebody on your team does an unusually good job at something.
Somebody asked me the other day what I look for in employees. As I think about it, I can boil what I’m looking for in an employee down to these three things.
People want a good-looking body, not exercise or diets. So marketers develop messaging about benefits—what the people really want. Sell the sizzle, not the steak.
The secret to a lasting business is offering value to customers. Obvious? Yes, sure. But it’s also true.
If you’re the one telling entrepreneurs they need to show some fantastic return on investment, stop it. It isn’t helping them.
Entrepreneurs, beware of business plan writers who oversell. There are people who sell business plan writing as if the business plan itself — the formatting, the structure, the editing, the production values — will or won’t get investment. And that’s not true. Nobody real will invest or not invest because of the production values of a [...]