Thanks to First Round Capital and to one of Marcy’s clients who describe one of the frameworks we’ve used repeatedly during ten years of coaching startup founders (and that we use in our own lives). We both teach clients how to use it and have used it when facilitating offsites or strategy meetings to help everyone involved shift away from fears and scarcity to find more powerful and creative solutions to complex or seemingly unsolvable problems.
If you don’t already regularly read the First Round Review, make sure you do. Their posts are consistently valuable and high quality.
Elite athletes must focus on more than physical training to win. Startup CEOs also have an inner game to master on the way to success.
The many hidden challenges to being a startup CEO aren’t talked about enough.
Among other things, you face repeated rejection; suffer failures small and large; complete overwhelm; deep self-doubt (if not outright depression); face seemingly impossible dilemmas, decisions and circumstances; and struggle with difficult relationships. At times you feel completely alone, like you’re the only one with these problems, and that there is no one you can talk to. You ask more than once, “am I crazy, or is this normal?”
We’re proud to have both been asked to lead sessions at SxSW 2012, and look forward to seeing you in Austin starting tomorrow! Dale had to decline his panel this year due to scheduling snafus, but Marcy’s looks like it will be standing room only again (like 2011’s Agile Self-Development)…
Come and share your happy acquisition success stories!
Often company acquisitions that seem like a great idea result in disappointment, a mass exodus, the technology being tossed aside, and hard feelings on both sides. But every once in a while, an acquisition results in the team feeling like they got a big win, not just financially, but that it moved their product and careers forward in a way that would have taken them much longer otherwise.
How to Be Acquired and Stay Happy: Marcy and friend James Home, Product Designer, Google (through its acquisition of MetaWeb), lead a Core Conversation about acquisition success stories. The goal is to draw out what worked well, and provide those looking to be acquired with some guidelines to what to watch for and how to pull it off happily.
Get there early to get a seat and join the conversation; we look forward to seeing you in Austin this week!
Friday, March 9, 3:30-4:30pm, Courtyard Marriott, Rio Grande Ballroom
“Values are the foot you leave on the floor when you pivot.” – Eric Ries
This was Eric Ries’ response earlier this month, when I asked him if he had any thoughts about company values. I love the mental picture this creates; of a team with one foot planted so solidly in their values that they can use that as an anchor when making a decision about where to go next when they realize that customers don’t love their product, or when their business model isn’t working.
We don’t usually blog about movies, but wanted to recommend The Happy Movie (playing in San Francisco at the Roxie theater through the end of next week, free screening tomorrow night). We met Academy Award nominated director Roko Belic, who spent five years journeying around the world researching the question “what makes people happy?”
The movie looks in on people around the world (Calcutta, Okinawa, Lousiana, Bhutan, and more!), and demonstrates by example and through research that the people who are the happiest are not the people who are focused on external motivations (money, fame & social status), but rather internal motivations (relationships, community, helping others). The movie did an especially good job of highlighting how powerful it is to have a tight-knit family or group of friends.
It also points out that the happiest people are the highest functioning. In other words, make sure you’re happy to make sure you’re performing at your best.
Startup founders who are able to continue putting value on intrinsic motivations (relationships, community, and helping others) are more able to weather the fickle storms of fame and fortune, and remain happy throughout the process, regardless of whether their company somedays files for an IPO, closes its doors, or anywhere in between.
The movie is worth seeing; hope you like it, and would love to hear your thoughts!