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Planning is valuable, tho the plan is usually useless.

Ben Horowitz

Volatility and length, that’s the value on an option. 10 years on a startup stock, that’s a big valuable thing.
BEN HOROWITZ

Length Management Years
Leadership is hard to train on.
BEN HOROWITZ

Hard Leadership Train
Wartime CEO is too busy fighting the enemy to read management books written by consultants who have never managed a fruit stand.
BEN HOROWITZ

Book Enemy Fighting
Yeah, I became a successful entrepreneur… Eventually
BEN HOROWITZ

Become Entrepreneur Successful
I don’t believe in statistics. I believe in calculus.
BEN HOROWITZ

Believe Statistics
A CEO needs great intelligence and great courage. And I always found my courage was tested more.
BEN HOROWITZ

Entrepreneur Found Needs
In my experience as CEO, I found that the most important decisions tested my courage far more than my intelligence.
BEN HOROWITZ

Decision Found Important
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.
BEN HOROWITZ

Company Deal Leaves Management
Relationships built from a business do better than the reverse.
BEN HOROWITZ

Better Built Relationship Reverse
Early in my career as an engineer, I’d learned that all decisions were objective until the first line of code was written. After that, all decisions were emotional.
BEN HOROWITZ

Career Decision Emotional
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

Choice Courageous Decision
There are no silver bullets.
BEN HOROWITZ

Bullets Growth No Silver
Note to self: It’s a good idea to ask, “What am I not doing?
BEN HOROWITZ

Ask Good Ideas Notes Self
As a company grows, communication becomes its biggest challenge.
BEN HOROWITZ

Challenges Communication Company
The only thing that prepares you to run a company is running a company.
BEN HOROWITZ

Company Repair Running
The one thing with stress is, you’ve got to keep your focus on what you can do, not what happened to you.
BEN HOROWITZ

Focus Management Stress

Planning is valuable, tho the plan is usually useless.

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Planning is valuable, tho the plan is usually useless.

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