Business ends up being very dynamic and situational.
BEN HOROWITZEvery time you make the hard, correct decision you become a bit more courageous, and every time you make the easy, wrong decision you become a bit more cowardly. If you are CEO, these choices will lead to a courageous or cowardly company.
More Ben Horowitz Quotes
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The person they’re working with, is going to be the person they’ll know more. So if that person leaves, they’re going to go – well, should have I left too? What did they get and how does that compare to my deal.
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For example, the vast majority of security break-ins occur as a result of problems with known fixes. With an automated system, you can keep up to date.
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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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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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Nothing motivates a great employee more than a mission that’s so important that it supersedes everyone’s personal ambition.
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How do you make your company a good place to work in general? That’s a really really really large and complex set of skills.
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In a company, hundreds of decisions get made, but objectives and goals are thin.
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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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It turns out that is exactly what product strategy is all about—figuring out the right product is the innovator’s job, not the customer’s job.
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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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I believe in strength over lack of weakness.
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Wartime CEO is too busy fighting the enemy to read management books written by consultants who have never managed a fruit stand.
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These decisions intensify when you run a company, because the consequences get magnified 1,000 fold. As in life, the excuses for CEOs making the wrong choice are always plentiful.
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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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Every time you make the hard, correct decision you become a bit more courageous, and every time you make the easy, wrong decision you become a bit more cowardly. If you are CEO, these choices will lead to a courageous or cowardly company.
BEN HOROWITZ