07/15/19

Adapting Leadership Style

One of the gratifying things about working with CEOs who are developing their skills is to watch how they become stronger and more flexible as their problem solving becomes more sophisticated and situational. This is leadership style and voice.

Each successful leader will try out several leadership styles and a genuine voice to advance that style. We have talked about that before.

What is also important is to know that there are multiple ways to solve problems in the course of translating leadership goals into reality.

There are different methodologies based on the current — instant in time current — situation. These different methodologies require a CEO to think carefully about style and voice.

Allow me to use a flying analogy.

When you learn to fly an airplane, one of the critical skills is landing the plane. Pilots define a “good landing” as one that you can walk away from, but that is grossly oversimplistic.

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07/12/19

CEO Shoptalk — The List of Horribles

Nice day in the ATX. Nice day to talk about the List or Horribles.

The List of Horribles is something which a CEO of a startup or small business WILL encounter along the way to the finish line (pay window). These things — not all, but some — will happen.

“Come on, Big Red Car, really?” you say in that skeptical voice of yours, the one your mom used to call your “whiny” voice.

“Yes, dear reader, dear CEO, many of them will happen.”

Here is you (female CEO?) dealing with the List of Horribles. The guy with the helmet head is a Venture Capitalist finalizing the negotiations of a down round.

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07/10/19

The Whine Line Protocol

The Whine Line Procotol, Big Red Car? Do tell.

So, your Big Red Car was engaged in a bit of  discussion and blog reading in which the subject of how to deal with problem hires or heretics — do not dig that word in this context — was bandied about.

A couple of things came to light, but the most important is this — dealing with employees both good and not so good is a normal part of CEOing.

Your generation did not invent sex or business; dealing with less than perfect employees is not a problem unique to your outfit. It is just a normal part of CEOing, and you got that gig.

Employees are dynamic. Your star marketing person may become your challenge and vice versa. Here are you and the employees on good days.

It is all just part of running a team, a company, CEOing. It is normal and you don’t need to be firing people for a little whining. The challenge is to keep the whining within a tolerable level.

That requires you to develop your own personal Whine Line Protocol.

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07/1/19

CEO Shoptalk — Situational Awareness

CEOs have a hard job. Keeping it is one of the most difficult parts of the job. Keeping your job as a CEO may depend on your ability to understand the situation — something pilots call “situational awareness.”

In an airplane, you have several instruments that an instrument-trained pilot scans to determine the situation — speed, direction, level flight, climbing, descending, fuel status, GPS (redundant), and George (George is the autopilot). I have taken to calling George Georgette.

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06/28/19

Beyond Meat — Show Me The Meat!

OK, maybe the title today should have been “Where’s the beef?” but you get it. What you will not be getting is any real beef.

Image result for beyond meat logo

A logo is fine — actually I think this logo is lame as Hell — but here’s the faux beef you really want to see.

Beyond Burger™

Please note the lettuce, tomato, onions, and pickles — vegetables on vegetables. Think about that.

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06/8/19

CEO Shoptalk — Lancing the Boil

Glorious sunny day in the ATX, y’all. So, what does “lancing the boil” mean, Big Red Car?

[Early stage, pre-MVP hamburger looking at you in the Hill Country.]

Suppose for a second you are a CEO — tough job. You have dealt with one of the List of Horribles, that compendium of distasteful things a CEO does that comes with the job and justifies the equity stake.

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06/2/19

CEO Shoptalk — Mistake Amnesia

One of the first things I do when I take on a new CEO client is to ask, “What percentage of your decisions are good?”

I get two answers: forty-five percent or ninety percent. [True.]

I ask the same question of the same CEOs some time after we’ve been working together.

I get two answers:

 1. The former 90%-ers now say, “Forty-five percent.”

 2. The former 45%-ers now say, “About the same, maybe 50%, but now I know why.”

In making decisions, CEOs are going to make a lot of bad ones. If you follow the math above, more bad decisions than good decisions.

How do you get rid of the overhang of bad decisions? Mistake Amnesia!

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05/17/19

Fountain of Youth v Fountain of Wisdom/Experience — For CEOs Only

Grayish, cool day in the ATX which gets me thinking about the journey a startup CEO makes from ignorance to wisdom — OK, you do know that’s the journey, right?

As a young leader, I knew next to nothing about everything — so I thought, but I did have an advantage as I’d been in the Army for five years and had run largish outfits. My last command was 600 men in a unit that should have been 186 (The Army was contracting form Vietnam War levels and discharging a lot of draftees. I housed, fed, trained, disciplined them until their magic date arrived — a wild bunch. What a nightmare.).

Truly, everything I ever needed to know to be a CEO I learned in that assignment, but I just didn’t know it. I was 25.

I was young and dumb. I was drinking from the Fountain of Youth and Inexperience. There was a long line to get a cup of that stuff.

Some thirty-three years later, I was filled to overflowing with wisdom and experience, so much so that today I advise startup CEOs and assist venture capitalists prying their fully funded oxen out of ditches.

I can’t quite put my finger on when I stopped bathing in the Fountain of Youth and took up station in the Fountain of Wisdom and Experience. I just know I did.

OK, it was probably five years until I even knew there was such a thing.

Read your Malcolm Gladwall Outliers to learn why it takes five years.

Outliers: The Story of Success by [Gladwell, Malcolm]

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