This post is written from a slightly different perspective as it is spawned by three conversations of about a year ago wherein VCs asked me what I thought about replacing CEOs and what the ideal process might be.
No, this is NOT the ideal process.
Our President and Secretary of State announced they have invited the United Nations Council of Human Rights to investigate the status of racism, the racial landscape of our country. [Imagine the drums, the ruffles and flourishes, the lightning in the background, and the sanctimonious smiles.]
My first reaction was, “Hmmm, seems a little odd. Who are these folks? Who serves on the UN Human Rights Council? What can they contribute?”
Any discussion about COVID eventually devolves to death.
In the beginning, a lot of morons were predicting 2-3,000,000 US deaths from COVID. They were, in many instances, smart people who extrapolated very sketchy data to absurd conclusions. I don’t think they intended to mislead, but many of them were alarmists.
That obviously did not happen.
I also heard a lot of folks who said things like:
“Total deaths in the US went down during the time of COVID.”
“Every death is being characterized as COVID related because of funding implications.”
A unicorn is a startup company with a “value” in excess of $1,000,000,000.
I follow the population of unicorns on the Crunchbase Unicorn Board:
which shows a total of 879 unicorns.
Savannah is a water town — astride the Savannah River downtown, alongside the Atlantic Ocean to the east, and bisected by water cuts — all framed by gorgeous, fragrant marshes, nature’s cleansing system. It is a thoroughly delightful environment.
Part of that delight is when good food is served from the bountiful seafood harvest on the edge of the water itself. Such a place is The Wyld astraddle miles of marsh reeds bending in the breeze.
It is tempting to blame President Joe Biden for pulling US troops out of Afghanistan, characterizing him and his ilk as being soft on defense (which they are), but that would be inaccurate and unfair.
The decision to finally and pragmatically pull the plug on A’stan was made by the Trump admin. He ran for President promising to get the US out of Afghanistan categorizing the war as already lost.
I have been (after a 40-year business career) assisting a handful of ideators, incubators, and accelerators as a mentor and sitting on their investment committees and selection bodies for a decade.
I am often asked to sit in with the band more times than I can actually accommodate, but I try to keep a hand in the game. It is a wonderful learning experience and, honestly, I am amazed how often my knowledge can be a huge assist to a young entrepreneur (none of whom have ever read Drucker).
There is a lot of confusion as to the difference and purpose of each of these approaches to encouraging entrepreneurship.
Here is the way I view them:
Ideator. An ideator is where entrepreneurs go to create and test an investable idea. They consider and formulate an idea that is either:
1. an aspirin (an antidote to the world’s pain in some meaningful fashion) or,
2. a vitamin (an improvement in society’s health in some meaningful fashion).
The journey through the ideator ends when the entrepreneur can get knowledgeable folks to say, “Yeah, I can see that working.”
I love a lobster roll. Who doesn’t? Sure, they can be pricey, but you, amigo, are worth it.
There are only a handful of places you can get a good one in Austin By God Texas.
One of those places is Barton Creek Country Club. They used to call theirs a “lobster club.” Here is one in the wild. You get them at Crenshaw’s bar. Very nice. Very, very, very nice on the way home from church.
I had one the other day and it was inspiring in its deliciousness. Truly inspiring. [Pro tip: it puts your loved ones in a very expansive and happy mood. Happy wife, happy life. No?]
Barton Creek Country Club — lots of lobster for $19. No roll is a little off-putting, but the magnitude and freshness of the lobster makes up for it. We are flexible.
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