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

04/29/18

CEO Shoptalk – Energy

Energy, today we focus on energy.

Big Red Car here after an afternoon of menial labor. I like menial labor, I do.

So, today we talk about how a startup, a small business, or a medium size business deals with energy.

First, there are energy sources and energy sinks. An energy sink is an absorber of energy. We will come back to this issue of energy sinks. Now, we focus on creating, maintaining, and multiplying energy.

Here is an example of a dragon projecting energy, hence, the name “dragon energy.” Haha, Kanye and Donald, both DRAGON ENERGY.

Fire breathing dragons are sources of energy. Usually, they have eaten burritos with jalapenos.

Every enterprise is, essentially, an energy equation. Let’s apply that to business, shall we?

Continue reading

04/19/18

CEO Shoptalk – Setting Standards

There is much to be learned about setting standards by looking at how successful companies do just that.

OMG, it is so damn beautiful in Austin By God Texas, y’all.

Today, we talk about CEOs setting standards taking our inspiration from the recent Amazon shareowner letter which revealed that Amazon Prime had surpassed 100,000,000 members (Big Red Car is one of them).

Here is a link to the Amazon Shareowner 2017 Letter. Read it after you finish this post.

There are a number of interesting things to focus on, but today, I want to focus on the issue of setting standards.

Continue reading

02/13/18

Reading – CEO Shoptalk

One of the keys to personal development and success in business is reading, y’all.

Big Red Car here on a early Tuesday morning (40F headed to 49F and cloudy) with a lot to do today, but I will find the time to read for an hour today without fail.

Reading is the difference between being the King of the Jungle or a cub. Not bad to be a cub, but you, dear reader, want to be the King of the Jungle, don’t you?

Continue reading

10/26/17

Exit Interview — CEO Shoptalk

Exit interview, y’all?

Hello, dear readers. It is 66F here in Austin By God Texas. It is clear, crisp, and lovely. It is sweater weather.

So, the last couple of posts we have discussed how to fire and layoff employees.

When you part company with an employee, a useful exercise is conducting an exit interview. An exit interview may provide a soon-to-be-former employee an opportunity to harness their candor and tell you some things they might not if they were dependent upon you for their next paycheck.

The question is how to conduct the exit interview?

Continue reading

10/14/17

Principles and practices – CEO Shoptalk

Principles, Big Red Car? How about a Texas v Oklahoma prediction instead?

Big Red Car here on a cloudy Saturday waiting for the Texas v Oklahoma football game to start. We light it up at 2:30 PM Texas time.

I used to go to the game in Dallas for about a third of a century. Then #1 son took his show on the road and I stopped going. Sigh.

Now, I am going to watch it on the telly. But, I can get snacks all the time. Unlimited beef jerky, the thick kind. Also, Orangina. Lots of orangina.

So, today we talk about the way a CEO guides their company to the Promised Land. The Promised Land is a self-defined concept, but it is whatever you want it to be.

We talked about the difference between firings and layoffs last week.

Layoffs — CEO Shoptalk

Firing People — CEO Shoptalk

Continue reading