Business ends up being very dynamic and situational.
BEN HOROWITZUntil you make the effort to get to know someone or something, you don’t know anything.
More Ben Horowitz Quotes
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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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There are no shortcuts to knowledge, especially knowledge gained from personal experience. Following conventional wisdom and relying on shortcuts can be worse than knowing nothing at all.
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There is no silver bullet. There are always options and the options have consequences.
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Sometimes an organization doesn’t need a solution; it just needs clarity.
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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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Note to self: It’s a good idea to ask, “What am I not doing?
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When I was CEO, and I’d listen to music, a lot of people listen to music and you get inspiration from it. And a lot of things in hip hop are very instructive for being in business. Particularly, hip hop is a lot about business, and so it was very useful for me in any job.
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The bigger you get, the harder this gets because the more aggressive the people working for you are.
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As companies move to web-based computing they get a lot more servers, which are difficult to manage and control. All kinds of problems can arise – security, quality and worms.
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Leadership is hard to train on.
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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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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.
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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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One of the great things about building a tech company is the amazing people that you can hire.
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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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A CEO needs great intelligence and great courage. And I always found my courage was tested more.
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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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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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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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A key thing in being a leader is you’ve got to pause yourself.
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It’s hard in daily life. It’s even harder in management because it’s the stress of the moment.
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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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I believe in strength over lack of weakness.
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Planning is valuable, tho the plan is usually useless.
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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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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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