Instead, Horowitz, who is co-founder of the VC firm Andreessen Horowitz and the software company Loudcloud later Ops-ware , offers blunt advice on surviving the rough stuff startup life dishes out. He spoke recently with Inc. A lot of being a successful CEO is not quitting. It sounds almost corny.
Winners never quit and quitters never win. The longer you have to apply that, the better your chances are. If you can somehow stay in the box, then, amazingly, you might find yourself in a good position.
The opposite is true. Employees are not nearly as married to the company as you are. They do not take the losses as hard. Culturally, once you deliver bad news a few times, people get over the worrying part. The issue is always that they had the wrong background and the wrong skill set for the company at that point in time.
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Search for:. Home Contact me About Me. Making it through tough times The author talks about how entrepreneurs can get through hard times. Third, when times get tough, the author mentions that letting people off should never be outsourced to human resources. He mentions that layoffs should never be postponed as this can deteriorate corporate culture and create a sense of fear and panic within the company. He also says that laying people off should be presented not as an employee failure but as a company failure.
No recipes… just grit On a broader level, Ben Horowitz suggest that founders put their people first, then their product and finally the profits. Should I sell or should I go? He suggests a look at two different questions: First of all, is the company targeting a larger market? Second of all, does the company stand any chance of becoming number one in their targeted market?
In Short In his book, hard things about hard things, entrepreneur turned venture capitalist Ben Horowitz, mentions that there is no recipe for running a company other than running a company. Sorry, your blog cannot share posts by email.
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