Entrepreneurship is tough: 7 essentials a true entrepreneur must master
Ben Horowitz, the most popular author of "Entrepreneurship Difficulty", as a senior entrepreneur in Silicon Valley, is known as one of "Silicon Valley's Top 50 Angel Investors". In 1999, he co-founded LoudCloud with Mark Anderson, the father of Netscape, and later transformed it into an Opsware company. Under the harsh environment of the Internet bubble, he led the company back to life several times, and finally successfully sold the company to HP at a high price of 1.6 billion US dollars. . His entrepreneurial experience is undoubtedly a vivid teaching material, and he has allowed more people to see the unknown real experience and mental journey of entrepreneurs. We will understand the difficulties on the road to entrepreneurship from 7 points:
Entrepreneurship is tough: 7 essentials a true entrepreneur must master
⒈The difference between a good company and a bad company
A good company with a good working environment, employees can concentrate on their work, I believe that as long as the work is excellent, the company and his individual will benefit. Conversely, in a company with a poor corporate environment, a lot of time will be spent defending the company's interests, preventing open-ended infighting, and improving imperfect workflows. They don't even know what their responsibilities are, so it's impossible to know if they're getting the job done. Even if they take a long time to get the job done, they have absolutely no idea what it means for the company or their careers. If an enterprise wants to form a healthy development ecosystem, it must make the enterprise and its employees develop together. The generation of a good corporate culture will make the company go further and further.
⒉ How to fire employees
When a company doesn't meet its own financial plan, it needs to reduce headcount to address the company's stress. Have a clear understanding of the reasons for layoffs. Managers should be well prepared:
Briefly explain the current situation to employees, telling employees that it is the result of poor company management and has nothing to do with personal performance.
Make it clear to employees that there are too many employees and layoffs are not negotiable.
Be aware of all relevant details of the company's planned benefits and subsidies.
⒊ Traits of a good leader
What makes a good leader? :
(1) Ability to draw blueprints
(2) Have the ability to make them follow you
(3) (3) Ability to realize ideals and aspirations
It is very important for every corporate CEO, and they are also mutually reinforcing relationships. In the eyes of the team, only a blueprint that is capable and can be realized will they fully commit to it and leave you more leeway when it comes to their interests.
Entrepreneurship is tough: 7 essentials a true entrepreneur must master
⒋How to recruit excellent talents without recruiting experience
First you have to understand what kind of talent you need. You need to be clear about what you expect from this person who is going to join the company. (What will this person do in the first month? What motivations do you expect him to join the company?) Second, you need to control the hiring process:
(1) Write down the abilities you want and the shortcomings you are willing to endure.
(2) Set up question-and-answer questions for testing recruitment standards.
(3) Form an interview team.
Keep two questions in mind: first, who can best help you find out if a candidate fits the recruiting process; second, after hiring a supervisor, who do you need to support your decision. During the interview, discuss each interview with the interviewer so that everyone has a unified understanding of the recruitment criteria.
⒌Why start-up companies need personnel training
Training is one of the most effective activities a manager can undertake. Suppose, four training seminars with a duration of 12 hours are held in the relevant departments of the company, and ten employees are trained. In a year they work 12,000 hours for the company. If you ask them to improve their performance by 1% during training, then 12 hours of training equals 200 hours of engineering for the company.
When it comes to performance management, managers should clearly put forward job expectations, and for product quality, they should give staff clarity, so as to have a high-quality product framework.
Entrepreneurship is tough: 7 essentials a true entrepreneur must master
⒍How to deal with the struggle in entrepreneurship
Entrepreneurial projects come into the world from the very beginning, with anxiety and contradiction dripping from every pore from head to toe. Entrepreneurship is often to realize one's own dream, but also to have the real idea of making yourself and your family live a better life. However, on the actual entrepreneurial road, the difficulties have never stopped, even if it is a minute and a second, it even greatly reduces the original quality of life. We need to learn:
First, don't take all the responsibilities. When you can't share all the burdens, you must share some of the responsibilities.
Second, don’t limit yourself to one path, when faced with difficulties, there is always a path to take
Third, if you persist, there will be a turning point.
Fourth, don’t be too harsh on yourself, every entrepreneur will make mistakes, and you must evaluate yourself correctly.
⒎ The most difficult CEO winning skills to master
The most difficult thing for a CEO to do is to control his heart. From a fundamental point of view, this is a personal battle that every manager cannot avoid, and it is of great significance. Ben Horowitz said in "Startup Hard": For a business, the real problem is not setting a grandiose. Unattainable, bold goals, but the process of laying off employees when you don't achieve your grand goals. The real problem isn't hiring great people, it's that these "great people" develop a sense of superiority and start making excessive demands. The real challenge is not to draw an organizational chart, but to get people to communicate with each other within the organizational structure you just designed. The real problem is not having big dreams, but waking up in a cold sweat in the middle of the night and realizing that the dream has turned into a nightmare.