There are situations when delegating is bad and micromanaging, or being hands on, is good. The key is to know how to identify those situations. When advising CEOs who tend to be overly controlling, I often invoke the words of venture capitalist Fred Wilson: A CEO does only three things.[…] Read On
Entrepreneurship is not the glamorous career path it’s been made out to be. It’s not about big ideas and lofty ideals. It’s not about hopes and dreams. It’s not about guts and glory. It’s not even about invention and innovation. And it’s certainly not about a search for fame and[…] Read On
Some say youth is wasted on the young. Others say wisdom is wasted on the old. If you listen up and play your cards right, you can avoid both cynical predictions. We all start out young and dumb. A blank sponge. That’s just the way it is. We learn as[…] Read On
No high achievement is ever attained without adversity. It’s the fortitude to face and fight any obstacle that stands in our way that separates winners from losers. But long-term success can breed complacency and hubris that leaches that fortitude to fight right out of us. The most notable example of[…] Read On
President Trump has drawn a bullseye on Beijing, slapping tariffs on U.S. imports and labeling China a currency manipulator, all in an effort to improve our trade imbalance and bring manufacturing jobs back to America. He may be targeting the right country but waging the wrong war. China may be[…] Read On
This may come as a real shock but I don’t just hang around the house dreaming up intriguing stuff to blog about and send my sainted wife out to work three jobs so we can somehow afford to live here in the ludicrously overpriced paradise that is Silicon Valley. Even[…] Read On
Sometimes we get so fixated on solving a problem that’s gotten under our skin that we don’t realize the solution is worse than the problem. If you’ve ever gone full Bill Murray in Caddyshack on a backyard critter, you know what I’m talking about. A couple of years ago I[…] Read On