Post on 21-Oct-2014
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Founder vs. Operational ExecutiveFounder ShowcaseMarch 27, 2013
Russ ReederPresident & COO (mt) Media Temple@RussReeder
Hello
Programmer...Sales...Founder...Hired Gun
It starts with the idea...
Know the game you are playing.
You’re either...
A technologylooking for a market...
Apple Power MacG4 Cube
(2000-2001)
Or...
A marketlooking for a technology...
It’s not what...
It’s why.
The secret that makes any founder - exec - or manager
successful?
Revenue...Revenue...Revenue
The truth that makes any founder - exec - or manager
successful?
Inner Strength
Everyone tells you to have goals.
No one tells you to have
goals after
your goals
“Once you agree upon the price you and your family must pay for success, it enables you to ignore the minor hurts, the opponent’s pressure, and the temporary failures”
- Vince Lombardi
The Stockdale Paradox“Stockdale accepted the reality of his situation. He knew he was in hell, but stepped up to make things as good as they could be... It’s the optimists that died.”
- Jim Collins on Admiral James Stockdale
But just remember...
No one on their deathbed ever said...
I wish I worked more.
If you want to be successful
and happy
You must...
Communicate
Communicate
Communicate
Employees
Customers
Partners
Investors
Market
Your Spouse
What makes founders successful?
Never
saying
Never
Tenacity
Focus on your
Strengths
Hire for your
Weaknesses
But wait...
As an exec - your
greatest strengths
are your
biggest weaknesses
Signs that it’s time to bring inan operational executive
You do not:Hit, Track, orHave a budget
Roles and
Responsibilities
Your employees do not have clear:
You are growing fast
But your competition
is growing faster
You are growing fast
But your competition
is growing faster
You are losing sleep
hoping your systems
do not crash
You lose energy in the office
Rather than...
GainEnergy!
Wake up!
YouAre their leader!
You are building the
culture that drives Success or Failure
The key takeaway
Enjoy The Journey!