"Smart people do not work for people who do not have their interests in mind and in heart."
Truly great leaders create an environment where the employee feels that the CEO cares more about the employees. Amazing things happen only in this kind of environment.
Most often entrepreneurs talk about story and strategy as being separate – story is focussed outwards (for investors) and strategy is focussed inwards (for team).
Ben Horowitz says that is not how one should look at it.In his book “The hard thing about hard things” his point about strategy is very clear and goes like this
“In good companies the story and the strategy are the same thing. As a result, the proper output of all the strategic work is the story.”The Hard Thing About Hard Things
If you try to build a “story” without having really worked towards it in a strategic manner, it will result in disconnect and eventually failure.
#leadership #successmantra #startups #inspirationoftheday #thehardthing
"Take care of the people, the products and the profits - in that order"
In this article Wil Schroter destroys the myth around secrecy of ideas when it comes to startups. Often this has been the first thing I have heard ‘startup enthusiasts’ talking about – how can we disclose the idea to others – including VCs !
Will they not steal it and ‘execute’ it themselves. I try hard not to laugh at them and tell them that VCs have better things in life to do than going on a ‘idea stealing’ spree and ‘executing’ everything under the sun. To my amazement I have come across even senior folks who are paranoid about ‘protecting ideas’ and insisting upon signing NDAs etc. I hope people realise that almost all successful businesses are built on simple ideas and amazing execution.
Startup is NOT just about an idea! It is almost entirely about execution.
Here is the link to the article – https://www.startups.com/library/expert-advice/getting-your-idea-going-share-your-idea-with-everyone