The truth is that management is like any other skill - it's learnable and teachable. Founders who do that and can see through the old school VC shibboleths stay in control of their destiny.
Becoming A Boss
11–19 of 19 posts
Re: Becoming A Boss
#12One of the most difficult things (for me) has been finding the appropriate balance (which changes depending on the context) between doing things myself, and delegating them to others.
What is the cost to you doing it? What is the cost of you delegating? What are the risks? What is the opportunity cost? (The opportunity cost is not your sleep, or your time away from your business. The opportunity cost is you having to delegate something else. The business will expand to the time you let it, anyway.)
As a boss, your goal is to become a multiplier. What can the team get done with your guidance as opposed to what it could get done alone, with you as a line worker?
But when all else fails, err on the side of delegation, because your first instinct will be to do it yourself. :)
Re: Becoming A Boss
#13Re: Becoming A Boss
#14Basically, some people have a knack for managing, others have a knack for creating. Put a creator in a management position, and they will suck. Put a manager in a creator position, and they will suck. The trick is to put the right people in the right roles, and to make sure you're hiring both types of people. Managers prefer hiring other manager-type people, and creators prefer hiring other creator-type people. Often you have companies that are either heavy manager based (where nothing gets done), or are highly creator based (where the office environment is miserable due to conflicts and ego). Both companies are bound to fail.
Re: Becoming A Boss
#15Google is a great example where Larry Page and Sergey Brin interviewed Eric Schmidt and hired him as their CEO. Worked great for 10 years, and their relationship seems to keep working today.
Are there more examples (also unsuccessful ones)? I'm actually not aware of any. It seems much more common that one of the co-founders becomes a full-time manager (or that they are kicked out of their own company).
Re: Becoming A Boss
#16I have been wondering about option 1 (creator-type founder hires manager/CEO for managerial tasks, keeps focusing on creating) for quite some time. Google is a great example where Larry Page and Sergey Brin interviewed Eric Schmidt and hired him as their CEO. Worked great for 10 years, and their relationship seems to keep working today. Are there more examples (also unsuccessful ones)? I'm actually not aware of any.…
Re: Becoming A Boss
#17Re: Becoming A Boss
#18Apart from these, there are certainly other ways to organize, if efficiency is not the key thing. If the bottleneck is "try out lots of cool things, and see which one sticks", such as a research department, then it could be organized more like a cooperative with individual makers. There would probably need to be some selection of things to include in a next release if it is a manufactured product, but on the web, that might not even be necessary. Sure, integration would be a mess, but in some cases, that is not so important.
Re: Becoming A Boss
#19This is in my admittedly cynical view a false dichotomy posed generally by investors seeking to justify pushing out founders in favor of their handpicked person. I see this more from old school VCs than from the newer breed. Keep in mind the most successful tech companies (Microsoft, Google, Facebook) had founders who stayed in control all the way through. A fact that is recognized by Andreesen Horowitz for example.…
"I have come to believe that most people can be talented at managing people if they want to be."
you can hate on me and hate on VCs all you want. that's fine. but please don't misrepresent what i wrote