The cofounders of an internet startup were pitching me for angel money recently. Typical story…about a year old, burned through their first $3 million dollars. No revenue, out of cash, and looking for $3 million more. I noticed they had several competitors, many which seemed to be generating more activity …
A friend of a friend recently started his new job as company President. On his first day he sat down with his boss, the CEO.
“One thing we should do right away is decide roles and responsibilities,” the new President began. “What is it that I do and what is it …
If you’re the CEO, business unit leader, or department head this is what you should be doing:
1) Set the goal
2) Design the strategy to reach the goal
3) Operationalize the strategy; make a plan (e.g., break it down, make it measurable)
4) Staff the plan (e.g., hire, fire, promote or regroup)
5) Align …
I obsess over time. Time is our most valuable resource. Nothing else even comes close; money is easy. This fact explains the popularity of Getting Things Done (GTD) and 4-Hour Work Week. Everybody wants to expand time.Reminding myself of these keys has been critical …
Great performers are always looking for ways to get better. But you need an effective way to discover areas to target for improvement.The problem is that people don’t tell you the truth when you ask for feedback, for a variety of reasons. They might be …
James Bond movies always start with an action-packed mini-adventure before they even cut to the famous theme song and movie title. Indiana Jones movies were modeled after the Bond formula and also immediately start with a fedora’d Harrison Ford grabbing treasure and escaping from bad guys. These movies literally …
Every company should have one key metric. One number to focus on and measure and to drill into everyone’s head. No it’s not profit or sales. It’s the number behind the numbers. …
“80 percent of success is just showing up.” — Woody AllenIt’s amazing how much I’ve been hearing about how the recession is hurting everyone these days. But is it really the recession? In the last week alone:
- …
