12/10/18

I Did the Best I Could

Big Red Car here on a cold, sunny day in the ATX. Brrrr, 58F.

So, I’m in conversation with a trio of CEOs who have in common that they tried to fix something and didn’t quite get it fixed correctly the first time.

They came back with a longer rope and a bigger hammer and fixed it.

They were distraught that they hadn’t gotten it right on the first try.

To which your Big Red Car asked, “Did you do the best you could?”

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05/16/18

CEO Shoptalk — Great Startup CEO

Are you a great startup CEO?

OK, so the Big Red Car gets asked often, “Tell me, wise and red Big Red Car, what makes a great startup CEO?”

Like most things in the startup world, there is not a single, correct answer, plus the Big Red Car is lazy and doesn’t want to do the work.

But, now somebody asked the question in a way I cannot dodge. So, here goes.

What makes a great startup CEO, Big Red Car? Tell me.

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04/16/18

Making the Right Decisions v Making Decisions Right

Decisions. Decisions. Decisions. Are you making decisions right? Are you taking the right decisions?

OK, y’all, Big Red Car here on a crisp, sunny Texas spring day. On Earth as it is in Texas!

Today, I am pondering a conversation I had last week with a seasoned CEO who I have known for several years. We worked together and I watched him become an extraordinary CEO. It was a wonder to behold.

Early in our relationship, I sent him my standard “beginning a relationship” questions. It’s called the Startup Company and Small Company Checklist.

The way it works is I want the CEO to read the questions to see whether he can answer them. Not to assign homework, but to give him an idea of how others view the framework of a startup. It is always illuminating to have the first discussion after they read that document.

You can find it and other useful stuff here: FREE STUFF

Just scan it, don’t answer it.

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10/23/17

Leadership Changes — CEO Shoptalk

Leadership changes can effect policy which can alter outcomes. Leadership changes are critical to outcomes.

Big Red Car here on a glorious Texas, Austin By God Texas, day. Ahh, on Earth as it is in Texas!

One of the easiest ways to change outcomes is to change leadership. I say this in the context of business leadership (startups, in particular), but the example I will use has to do with the Middle East and ISIS. Hello, America!

If you have been following the unending war in Iraq and Syria, you will note several interesting things.

ISIS is kaput and it is only a matter of time before its leadership is dead, and its footprints disappear.

Let’s explore how this happened.

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10/11/17

Layoffs — CEO Shoptalk

Layoffs are never fun. Here’s how to think about and do it.

So, it is gorgeous in the ATX — high 0f 78F, currently sunny and 67F. On Earth as it is in Texas! A day to eat outside.

So, we spoke earlier about firing folks for cause, remember?

Firing People — CEO Shoptalk

Today, we follow up on that by talking about layoffs. Layoffs are “not for cause” terminations, while firing people is “for cause.” Know the distinction. Either way, it is a hard day at Slippery Rock when you have to fire or layoff folks.

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10/4/17

Firing People — CEO Shoptalk

Firing people and laying folks off is a hard day. Here are some thoughts on how to do it.

Big Red Car here on a cloudy, but soon to be sunny, day in the ATX, God’s country. On Earth as it is in Texas! Muggy today.

So, a CEO has a series of things she struggles with. We talked about that right here:

CEOs — Doing Tough Things Shoptalk

One of those things is terminating employment either by firing someone (for cause) or laying someone off (not for cause).

They are both difficult to do. Here’s some thoughts on the subject.

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07/23/17

Training — like the Rangers, training for the startup

Training table for the Big Red Car today — looking forward to a nice steak with a 10W40 mushroom sauce. ¬†We are talking training today for both the Rangers and the startup.

So, in the continuum of crawl, walk, run — somewhere about the walk to run transformation, the startup should start thinking about training.

If you look at this picture of these sharp Rangers, the difference between them and the rest of the straight leg Army is the quality of their training. They train to their mission.

U.S. Army Rangers with the 75th Ranger Regiment make up the “honor platoon” in a funeral procession to the gravesite of Gen. (retired) Wayne A. Downing during his internment service at West Point, NY, Sept. 27, 2007.

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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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04/26/17

Leadership Style — CEO Shop Talk

Leadership style or cattle today? Hmmm, which one?

Big Red Car here on one of those Texas days that makes you want to get on a horse and herd cattle up the trail, cross the Red River into the Indian Territory, and kick up your heels at a dance hall in Abilene, Kansas.

IMG_1658

Listen, Big Red Car, I am not going to Abilene, Kansas. I like it right here. Go away, Big Red Car. Notice the lovely earrings. Cattle are controlled by numbers and they are assets on the hoof.

Maybe not.

OK, so I wrote a blog post a while ago about finding your “authentic” leadership style. I was talking to some CEOs (me, the Big Red Car, not that other guy, The Boss) and we got on the subject of leadership style. Everybody got hung up on the word “authentic.” Haha, it was funny.

Finding Your Authentic Leadership Style <<< read this

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