Archive
Hire People Who Are Smarter Than You
If each of us hires people who are smaller than we are, we shall become a company of dwarfs. But if each of us hires people who are bigger than we are, we shall become a company of giants.
Get A Lot Of Attention And Deliver Significant Value By Keeping A Broad Business Picture In Mind
Mercenary entrepreneurs – today disproportionately running consumer-web businesses – are young, aggressive and ambitious people, which are all good qualities, but they have no broad picture or purpose. They are getting lots of ‘eyeballs’ and ‘users’ but aren’t delivering any significant value.
Missionary entrepreneurs – more often found running life sciences, green technology, infrastructure or deep sciences businesses – have a bigger goal beyond just making money. For missionaries, it is not about buying low and selling high or getting out quickly; it’s about building something sustainable so that you can have the kind of impact you want and accomplish your greater purpose.
The purpose can become so core to your business that it can survive well after you have left the company.
Bosses Who Think They’re Supposed To Prevent Employee Screw Ups Are Not Motivating
Trust is an important thing. When running the company it’s best to take a following approach towards your employees; I have a lot of confidence in you, I have a lot of trust in you, we’re transparent — we share where we are, where we’re going and what’s going on.
If you think employees are there to mess up, and it’s your job to prevent them from messing up. That’s not going to be very motivating to good people.
IgorReiant.com 