09/28/17

Critique — CEO Shoptalk

Everybody needs a good critique, right? Ahhh, criticism is the breakfast of champions, no?

Big Red Car here on a cloudy Texas day. Only going to be in the low 80s today. Time to start thinking about the swimming pool, eh? Haha, Hell no. Swimming today, y’all.

So when you’re a CEO you will receive and give critiques. Makes sense, no? Performance appraisal — feedback — is the breakfast of champions.

Today, I want to get your mind right about how to receive this when it is you being critiqued. Ready?

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09/23/17

Facts & Strategy

Facts are nice things. Not as nice as a root beer float, but nice.

Big Red Car here on a cool Texas morning with the Fahrenheit set at 72. Hello, Fall!

So, I am in the midst of helping a bunch of CEOs either craft their first crack at strategy or to revise something they did some time ago.

Writing strategy is an exercise in storytelling. It is fiction. It is the future and all writing about the future is fiction. It is fiction you intend to make come true, but it is still fiction.

It is, however, based on facts.

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08/8/17

Graduation — CEO Coach

Big Red Car here in the ATX in a grayish, cool day. A great day for a ride in a convertible!

So, I’ve been in CEO coaching mode for about five years now and there have been some great successes. Some failures, but way more successes.

CEO coaching assignments don’t last forever — neither does high school or college.

There comes a time when a CEO is best served by getting a different view of things or to just take a breather. Some CEOs finish their work and are ready to move. Other CEOs sell the company and no longer are CEOs.

The Big Red Car (actually The Boss, but I’m taking over the space in his head) has had all of the above.

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08/6/17

Heads Up — CEO Shoptalk

Heads Up, Big Red Car? Really?

Big Red Car here on a muggy Sunday morning which is a little gray. We get the cooler temps in return for the grayness. Fair trade?

So, the Big Red Car, has spent the last couple of hours removing cast iron sinks from black granite countertops in anticipation of new countertops — Carrara marble — on Wednesday!

[Big Red Car’s vision of Hell is removing cast iron sinks (weigh 400 lbs) with a plastic putty knife and spit, bare hands.]

But, that’s not what we want to talk about, is it?

No, we want to talk about a CEO with his head down working his butt off. [You may re-gender the “his” to “her” at your leisure.]

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08/2/17

Flying Solo — For CEOs Only, CEO Shoptalk

Flying solo, Big Red Car? Where did that come from?

Big Red Car here on a cool and gray ATX day. Only getting to 88F today, downright cool. Hot tub tonight for the BRC? Hell, yes!

OK, so there are a number of analogies between flying airplanes and startups — takeoff, reaching cruise, landing. Startup, scale, exit?

One of the most apt analogies is the idea of FLYING SOLO.

Me, the Big Red Car, and the Bonanza with the cross country tip tanks hanging talking aviation v startup mojo. Yeah, I’m looking pretty damn RED.

In life, one doesn’t receive power, one TAKES power. Think about that for a second. Flying solo is about taking power.

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07/31/17

Accumulate Then Share

We strivers are Heaven bent on securing wealth and wisdom. No or yes?

Big Red Car here still under the glow of an excellent sermon yesterday at church. The sermon giver (not the regular guy) was dynamic and entertaining. He left me with a very good lesson — which is why I go to church in the first place, right?

So, here it is — in the game of life, there is nothing wrong with accumulating wealth, wisdom. We are supposed to do just that. With me so far?

What is also true is that we are supposed to share it thereafter. That’s it. All there is. Right there.

First, we accumulate wealth and wisdom.

Then, we share it with our families and the world.

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07/28/17

Startup ideas — where do they come from?

Startup ideas, Big Red Car? Huh?

Big Red Car here on a sunny Texas day. On Earth as it is in Texas and it’s going to be 105F today, y’all. Hell, that’s not even hot anymore, is it? Hey, Mother Nature, bring it. Take your best shot.

The Big Red car will be taking some quiet pool time this afternoon.

So where do business ideas come from, you ask? [I know you didn’t ask, but I have to bang out a blog post, so go along with it, please?]

Every startup has to come up with a hypothesis to justify their existence. How does one do that?

Today, the Big Red Car works its mojo with you and helps ‘splain a framework for you to think about.

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07/21/17

Risk — A Four Letter Word, CEO Shoptalk

Today, we talk RISK, y’all. It is a four letter word and it can be profane, if you let it.

Big Red Car here on a sunny, Texas day which will give rise to a 103F temperature during which the BRC will be hanging in the pool, floating.

OK, so today we talk about risk. Risk is what drives startups. When you overcome a risk, you wander into the Winner’s Circle and collect your winnings at the mythical PAYWINDOW.

But, what is risk? Risk is different to different people. If you are a green, first time founder/CEO, then everything is risky after you have tied your shoes (the reason why new CEOs should wear slip-ons).

If you are a fifth time, serial entrepreneur, then your view of risk is different.

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05/20/17

CEOs — Doing Tough Things Shoptalk

No tough things for a Big Red Car today, just chores.

Big Red Car here on a big day for chores, accumulated, undone chores. Bah humbug!

Before we head to do our chores, how about a bit of shoptalk for CEOs?

Being a CEO is a great job. Don’t listen to the hair-shirt-of-the-month club and their “it’s lonely, so lonely at the top.”

But, if you’re going to be a CEO, you have to do tough stuff sometimes.

Italy 2010 Computer 020

What seems tough the first time, isn’t tough the third time and when you do tough stuff, you get used to and comfortable with doing tough stuff.

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05/16/17

CEO Currency — Getting Paid

CEO currency, Big Red Car?

Big Red Car here on a brightening Austin morning, y’all. On Earth as it is in Texas!

So, The Boss gets a call from a CEO pal and they get into a chat. Chat takes a turn toward the philosophical.

CEO sayeth, “I need to get paid.”

The Boss says, “Have I ever shared with you my views on CEO currency?”

“No, but something tells me that’s about to change. Bring it.”

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