Monthly Archives: April 2011
Of the many decisions a start-up company founder has to make, “to sell or not to sell” ranks right at the top of the list. With the underlying assumption that the founder has arrived at this point because the company is doing great (or on the verge thereof), not only is this is a good problem to have, but it can mark a critical point in not on the entrepreneur’s life but also in the company’s legacy. Selling at the right time to the right partner could bring tremendous value to both the start-up, acquiring company, employees, and shareholders. Read the rest of this entry
While it’s nice to be important, it’s more important to be nice…
I’ve always found it interesting when a successful executive takes the time to write down what they believe have been their core success principles. Given the vast majority of topics available, it’s not that easy to narrow down to a select few. More importantly, those that have been identified as consistent and repeatable – this ability is, in many cases, equally if not more important, than the principle itself.
I came across an article yesterday where Pepsi’s CMO, Salman Amin, defined what his six principles of success have been and I’ve shared them below.
About ten years ago, Reed Hastings co-founded a small company in Los Gatos, CA (Silicon Valley) that would mail you DVDs. Ten years later, they are a force to be reckoned with and are disrupting how you watch TV and movies! With an IPO price of $15 (May, 2002), today their stock is trading at over $240/share and the company has a market cap of over $12B!
One reason for Netflix’s ongoing success is the company’s culture, which emphasizes performance, freedom, and responsibility. If you want an example of Employees First and Customer’s Second, search no more!