Leadership Coaching for CEOs, CTOs, Startup Founders and Entrepreneurs
Author: Marcy Swenson
Marcy Swenson is an executive coach who works with tech startup founders and leaders. She writes about about entrepreneurs, leadership, and startup culture on her blog at StartupHappiness.com. She is studying what factors contribute (or detract) to creating a happy startup culture.
Prior to becoming a coach, Marcy was a co-founder with two successful exits; at CPTH (Nasdaq), she built the tech team that led to IPO. Forbes names CPTH the fastest-growing high-tech company in the world in 1999. CPTH grew to 3000 employees in 4 years; for comparison, Google grew to 3000 employees in 6 years.
One of the most challenging hurdles for early entrepreneurs is raising money. To get funded, you need to do a lot of prep work: you need a great vision, savvy initial product development, thorough market understanding, thoughtful execution, a kick-ass team, and luck.
A critical part of fundraising is connecting with people; both the people who will help you along the road, and the people who will actually write a check.
One of the best ways I’ve found to create high-functioning teams is to interview well. (The other is to create a company & culture that great people voraciously want to join, so that when you find someone terrific, they say “yes.”)
We’re seeing a new type of entrepreneur starting companies lately; they are approaching their company culture with almost as much passion as the business idea itself, with the goal of creating the type of organization that they will be most happy being a part of.
Over the past several months, I’ve been working with my colleague and fellow business coach Dale Larson to try to describe this phenomenon. We’ve tested it out with a variety of entrepreneurs, VCs and journalists in meetings and at parties, and heard lots of yes. Here is our first formal presentation of these ideas.
This week at the Web 2.0 Summit, Mark Zuckerberg from Facebook talked about four values that he’s made a key part of his company’s DNA: move fast, be bold, take risks, and don’t worry about getting everything right.
Struggling with a 5-page To Do list? Wondering where to start? How to prioritize? The list often turns into a blur of competing priorities, and it’s overwhelming to look at it all at once. Here’s a trick: pick a theme for the week.
In my last post about To Do lists, I talked about how people get stuck looking at the same To Do items week after week, and how to fix that. This post focuses on how to make sense of the sheer volume of possible things to do as an entrepreneur.