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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09/12/17

Editing for CEOs — CEO Shoptalk

Editing for CEOs, Big Red Car? Huh?

Big Red Car here on a perfect Austin By God Texas morning, y’all. Day for a long run with the top down in the 70F weather? Indeed!

OK, today, we talk about editing in the context of finally getting you to commit to writing the Strategy for your company, dear CEO. Just a first draft.

That is Strategy in the Vision, Mission, Strategy, Tactics, Objectives, Values, Culture continuum with a side of crawl, walk, run. Whew! That is a mouthful.

Nothing is done until it is done and that means you have to edit it. So what exactly does that mean?

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09/2/17

Strategy — First Draft

Strategy — let’s get you writing that First Draft, shall we? First, let’s figure out where it fits.

Big Red Car here on a sunny, dry ATX morning. Sun is shining, but it is cool. Maybe the summer is over? Haha, you’re so silly. This is Texas. Summer doesn’t end until October 23.

OK, so I keep getting folks who don’t get where Strategy fits into the Vision, Mission, Strategy, Tactics, Objectives, Values, Culture continuum.

I want to help y’all, so I made a picture of it for you.  Continue reading

08/25/17

Writing Strategy — CEO Shoptalk

How does a new CEO write Strategy? First, she gets her mind right. Here’s how.

Big Red Car here expecting Hurricane Harvey this weekend. Likely won’t get to the ATX until Tuesday. Whoa, Nellie!

Pray for those along the Gulf Coast who will be dealing with the first hurricane to hit Texas since Ike in 2008. Governor Abbott has already designated thirty Texas coastal counties as disaster areas. The Feds are already pouring into the fray. Well played, FEMA.

So, the Big Red Car is constantly talking to CEOs about their Strategy — the Strategy for their company. It is, sometimes, a confusing and disjointed talk.

We see CEOs having no problem with Vision and Mission, but the second it turns to documenting their Strategy, things go haywire.

The objective today is to get you in the right frame of mind to write your Strategy. Not to write it, but just get into the right frame of mind to be able to write it.

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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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07/26/17

Training — Baron von Steuben Style for CEOs

Training again, Big Red Car? Really?

OK, dear reader, we will have one last crack at training for the CEO. Promise.

Today, we discuss Baron von Steuben. You know the Baron, right? Drillmaster of Valley Forge, no?

Get this book by Paul Lockhart. Great read. Been around for some time and it is a great book to inspire a CEO.

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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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04/10/17

Scaling Sales — One Index Card Shop Talk

Big Red Car here talking scaling sales on a lovely — no, cloudy and gray — day in the ATX. On Earth as it is in Texas, y’all!

So, the Big Red Car comes from the school of SALES SOLVES EVERYTHING which means that CEOs need to focus on sales from the first day they start.

Any argument there? I didn’t think so.

But, once you have some sales, how does the crafty CEO scale the sales operation?

Listen up, dear reader, as the Big Red Car gives you a single index card answer. Ready?

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03/28/17

Board of Directors

Big Red Car here waiting for Saturday and the Final Four contests. OK, but I am getting a lot of questions about all things pertinent to a Board of Directors and how to run board meetings and how to deal with board members.

We’ve talked about this before, so let me give you some frames of reference.

Know that I’ve stolen all of this from The Boss who had a lot of boards, board members, and board meetings in thirty-three years of CEOing.

Here it is for your use.

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