This link has been bookmarked by 1 people . It was first bookmarked on 16 Dec 2009, by Tom Krieglstein.
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16 Dec 09
Tom KrieglsteinThis is a great, and short, post on the value of being action oriented as a startup, founder, and entrepreneur. Very cool indeed. Plant a lot of seeds and see which ones will grow.
startup strategy hiring employees work business entrepreneurship action fredwilson
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People ask me all the time about the traits I look for in entrepreneurs and action orientation is at the top of the list. I'd much rather back someone who makes 100 decisions a day and gets 51 of them right than someone who makes one decision a day and gets it right.
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I'd much rather back someone who makes 100 decisions a day and gets 51 of them right than someone who makes one decision a day and gets it right
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the cost of making a bad decision is not nearly as great as the benefit of making a good one. So I like action oriented leaders.
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When you make a bad decision, you can always realize it was bad and change it. By being action oriented, you put a lot of things in motion and can evaluate what is working and what is not.
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You need to have a game plan for sure. But within that game plan, I believe it is better to try more things than less things. And I believe that perfect is the enemy of the good.
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a startup as the process of going down lots of dark alleys only to find that they are dead ends. Dick describes the art of a successful startup as figuring out they are dead ends quickly and trying another and another until you find the one paved with gold.
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You can think and debate about stuff all day long or you can try stuff out and see what works
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It's a messier way of doing business and some people have a hard time with mess.
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If you are "action oriented" in your hiring, you'll make more hires and more of them will not work out.
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Great entrepreneurs are hard to work for. They jerk you around, change things up, and are always pulling the rug out from under you. And often a company outgrows that leadership style and needs a calmer more organized leader.
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