To succeed at selling a losing product, you must develop seriously superior sales techniques. In addition, you have to be massively competitive and incredibly hungry to survive in that environment.
BEN HOROWITZIn life, you don’t have a level of confrontation and the nonsense you run into when you’re a CEO. CEOs aren’t born.
More Ben Horowitz Quotes
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Volatility and length, that’s the value on an option. 10 years on a startup stock, that’s a big valuable thing.
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Here’s where we are and here’s what I didn’t recognize about us and about you when I made the decision, and now it is what it is.
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Note to self: It’s a good idea to ask, “What am I not doing?
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A manager can’t act like a role model. They need to BE a role model.
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A CEO needs great intelligence and great courage. And I always found my courage was tested more.
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There are no silver bullets.
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Most large mistakes in organizational design come from putting the individual ambitions of the people at the top of the organization ahead of the communication paths for the people at the bottom of the organization.
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It’s pretty clear that [customers] know what their budgets are now, and what they want to spend it on.
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I emphasize to C.E.O.s, you have to have a story in the minds of the employees. It’s hard to memorize objectives, but it’s easy to remember a story.
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Sometimes an organization doesn’t need a solution; it just needs clarity.
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Hire sales people who are really smart problem solvers, but lack courage, hunger and competitiveness, and your company will go out of business.
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In Silicon Valley, when you’re a private company, the entrepreneur can do no wrong.
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Groupon looked like a very high valuation, but any investment in a great company at any stage is almost always a good investment.
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A lot of it is on the job training, combined with excellent mentorship.
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Breakthrough ideas usually come from guys who look like they’re hallucinating
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In my experience as CEO, I found that the most important decisions tested my courage far more than my intelligence.
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Planning is valuable, tho the plan is usually useless.
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What do you get when you cross a herd of sheep with a herd of lemmings? A herd of venture capitalists.
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Over the last ten years, technological advances have dramatically lowered the financial bar for starting a new company, but the courage bar for building a great company remains as high as it has ever been.
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As a startup CEO, I slept like a baby. I woke up every 2 hours and cried.
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Generally the reason they fail in the job is, you made some mistake in the hiring process in that you didn’t match… them to the needs of your company accurately enough. That’s the #1 reason this fails. And that’s generally a good place to start.
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As a company grows, communication becomes its biggest challenge.
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The right answer on raises is you have to be formal. You have to be formal to save your own culture.
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You can take somebody’s job, you have to take their job, but you don’t have to take their dignity.
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Relationships built from a business do better than the reverse.
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The one thing with stress is, you’ve got to keep your focus on what you can do, not what happened to you.
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