10/21/18

Jeff Bezos on Decisionmaking

Big Red Car here with the skies clear and the sun shining. Let’s see how long that holds. We need to dry out here in the ATX and the Texas Hill Country.

So, your Big Red Car has always been keen on the science of making decisions. This is a topic first explored when in the Army and watching the decisionmaking techniques and practices of battalions, brigades, and divisions. Only once was I exposed to how a corps (3-5 divisions) makes decisions.

Today, we discuss the wisdom of the Bezos Style of Decisionmaking. He is a wildly successful founder and executive, so we should pay attention to how he suggests things might be done.

Image result for images jeff bezos

Jeff Bezos has strong and “different” views on the subject.

Continue reading

10/9/18

CEO Shoptalk – Mistakes

Rainy day in paradise, so we talk about mistakes today.

If you are a CEO for more than twenty minutes, you will make a mistake. Sorry. Truth.

Mistakes fall into four general categories:

 1. Foot faults, like using the wrong fork with shellfish;

 2. Minimal consequences to someone on the team faux pas;

 3. Adverse consequences to a client or critical stakeholder; and,

 4. Burn the house down mistakes.

So what do you do?

Continue reading

10/2/18

CEO Shoptalk – Time Allocation

Time allocation is a critical consideration for the CEO of any size enterprise, but particularly for CEOs of small businesses and startups.

Big Red Car here. Been in Savannah spending time with My Perfect Granddaughter offspring of My Perfect Daughter, the red head.

So, when I am there, I get into a convo with a young C-suite type guy and we are discussing how a startup or small company CEO should allocate his time.

It is a conversation I’ve had with a million CEOs. It is a universal problem faced by all CEOs.

How does one allocate their time as the company is faced with growth in a crawl, walk, run scenario?

Continue reading

08/2/18

CEO Shoptalk – Traits of Leaders

Big Red Car here on a beautiful, sunny Thursday. Ahhh, on Earth as it is in Texas, y’all.

So, I’m at church on Sunday listening to the sermon – I love and desperately need a good sermon – and it inspires me to think about some of the traits of great leaders – not “good” GREAT!

I come up with four traits which seem to separate the great from the good and the mediocre.

Continue reading

07/28/18

Respect the Process

Respect the process? WTF are you talking about, Big Red?

Big Red Car here supervising the plumbers. Saturday plumbers always require a lot of supervision, but, hey, so what?

There is a new soaking tub going in and the plumbing change is quite extensive. They are doing work below the second floor and above the first floor ceiling – makes me a little nervous.

So, I’m melding a lot of recent conversations with CEO clients. They are all smart and hardworking, but, sometimes, not often, but, sometimes, they don’t stick to their knitting.

They don’t respect the process.

Did NOT RESPECT THE PROCESS

This creates problems which they then fix consuming twice as much time as if they had just respected the process in the first place.

Continue reading

05/17/18

Experience, Addressable Experience

What is addressable experience? Big Red Car?

Big Red Car here on another glorious Thursday in the ATX in which the sun shines, the breeze blows, and life flourishes. On Earth as it is in Texas, y’all.

So, I’m visiting with a gray haired eminence former CEO who is an old pal. We get on the issue of experience.

How much is enough?

How much is too much?

How much is relevant?

How much is addressable?

It was an interesting conversation. Between the two of us, we have more than seventy years of CEO-ing. That is a lot of time, a lot of experience.

Continue reading

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.

Continue reading

05/12/18

Founder Fog

Founder fog. Weather report in startup world is calling for founder fog? Huh?

Big Red Car here on a glorious Saturday morning in the ATX – Austin By God Texas.

Up early with contractors arriving to do some renovation work and the new granddaughter, Tempe, known as Baby T. She is a Southern girl from Savannah.

Baby Tempe and Gwantpa discussing Founder Fog with red-headed momma on her second startup at the elegant and delicious Tiny Boxwoods, Austin, Texas

So, I have had four conversations with founders in the last month in which there is a common issue which I shall call the fog of founderdom.

How does it manifest itself, Big Red Car, you ask? Let me tell you.

Continue reading