03/6/17

Advice Redux — CEOs Only

Big Red Car here working on a few wire taps, wait, no I’m not. I’m getting ready to give y’all some free advice.

We talked about advice a lot in the past few years, but it’s probably alright to update our thinking just a little, why not?

So, CEOs need advice from time to time. Why, you ask? Because a lot of startup CEOs are in their twenties and do not have a deep font of life experience upon which to draw to develop their own thoughts. This is not fatal. This is just being young and being young is good. Most of the time.

Experience is expensive. Renting experience — advice — is cheaper. Plus, you can get someone who’s been a CEO for two or three decades to lend you their advice.

Big takeaway — get advice from someone who has actually been a CEO.

Not your dentist, your shrink, some accountant (unless it’s accounting advice), father-in-law (unless he’s an experienced CEO), not a lawyer (unless it’s legal advice), not a VC (unless it’s pitching or funding advice and even then someone who has been seated n your side of the table may be more helpful) — someone who has been a CEO.

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10/23/16

Inspiration, a Thimbleful, Please?

Inspiration, Big Red Car?

Big Red Car here on a crisp — 54F at 5:00 AM — Texas morning. Ahhh, fall in Texas is a grand thing.

So, a year ago, The Boss is talking to one of his CEO clients and they get talking about a new hire.

This CEO runs an excellent company which he has for more than ten years. He is not a typical startup CEO and the company is profitable (always a good thing), routinely dropping 20% to the bottom line for years and years.

The company is growing at a steady rate but is poised for higher growth.

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09/24/16

Exemplars and Role Models

Exemplars? Role models? Met any good ones?

So, The Boss and his wife are at dinner last night enjoying some friends and some great Italian food at Juliet’s on Barton Springs Road in the little townlet of Austin by God Texas.

The night is filled with good food, good drinks, and good conversation. The kind of conversation that folks, who have known each other for a long time and watched their kids grow up together, engage in with all barriers lowered and minds in gear.

The Boss ponders the question — who would a young person today look to in public life as an exemplar? As a role model? If you say Hillary or Donald, I will come to your house and do donuts in your flower beds, y’all. I am a Big Red Car and I can be very dangerous when provoked. Do not trifle with me.

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05/6/16

Think Like A CEO – For CEOs Only

Think like a CEO? Do you?

Big Red Car here. Getting back to business in the aftermath of all things Trump. Nice break.

So, The Boss is talking to one of his best CEOs and the Big Red Car is eavesdropping. They’re eating breakfast, the All American Breakfast, at Texas French Bread on 29th Street close to the University and right next to Breed Hardware.

The CEO says, “For the first time, I think I’m starting to think like a CEO.”

The Boss, wanting to concentrate on his scrambled eggs, says, “Do tell. What exactly does that mean?”

Scrambled eggs bacon

There was bacon involved and it was crisp and hot. Thick cut. Maple cured. The scrambled eggs could have been a bit softer but The Boss forgot to suggest that to the waiter.

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02/11/16

When The Trend Is Not Your Friend — Twitter & Sriracha

Big Red Car here on a particularly sunny and pleasant Texas morning, y’all.

At 60F right now and headed to 85F shortly. Ahhh, a Texas winter can be so nice.

It is a trend to follow. Follow that trend to ATX and move here, y’all.

Traders say, “The trend is your friend.”

By which they mean follow the trend and let it inform your investing.

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01/30/16

Not my circus, not my monkeys — Advice for CEOs

Big Red Car here in the ATX where it is 51F at 4:00 AM and it’s going to be 80F this afternoon. Sunny to boot. A day to remember one’s sunscreen.

Ah, winter in the ATX. Hey, I’m sure it’s nice where y’all live. And what a blessing to be able to get a good workout shoveling snow, no? Blessings upon y’all!

So, the Big Red Car wants to chat with the CEOs and aspirants about the issue of delegation.

“Not my circus, not my monkeys.”

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01/28/16

Human Relations — Crawl, Walk, Run

Big Red Car here in the ATX after The Boss had a stint on the east coast for a funeral in Sandersville, Georgia, visiting sweet Wrightsville Beach during the big East Coast Storm of the Century, over to Charlotte to see the investment banker son, and down to Atlanta to see My Perfect Daughter and new husband.

Now, The Boss is back home to see his beloved Big Red Car and to get the Big Red Car a new paint job — come on, Boss, let’s get a ┬ápaint job for the faithful, loyal, steady, fabulous Big Red Car.

Dear Readers, work it with me. I need a damn paint job and The Boss is resisting the inevitable. I have threatened a stop work action and he has threatened a trip to the junk yard. Help me here, y’all!

It’s 33F this morning headed to 74F this afternoon. Don’t y’all love a Texas winter?

So, The Boss fields questions on the development of an HR (human relations) capability from four different CEOs of lovely businesses with 25-75 employees. Sometimes, ideas germinate at the same time but this is an uncanny coincidence. Maybe not? Continue reading

01/15/16

Adaptability — Breaking in Corcoran Jump Boots, a Metaphor for CEOs — Adapt

Big Red Car here. It’s going to be 70F and sunny in the ATX. How about where you live?

I bet you would like our Texas winter season. Sorry, the Big Red Car can get really obnoxious at times like this. I hate myself for it sometimes. Sunscreen!

So, The Boss and I were talking to a CEO who was having trouble with a change that was forced upon him. Struggling really.

The Boss told him, “Adapt and drive on.”

The CEO made a face. “Adapt?” Continue reading