17 tips to help you become a $100M CEO:
Make individuals successful
Your main job as CEO is to make the company successful.
You do this by helping your talented employees succeed.
Give them:
→ Encouragement
→ Clear feedback
→ Mentorship
→ New ideas
→ Pushback
When they win, the company wins.
Influence others with your example
If you expect long hours from employees, put them in yourself.
If you expect hard problems to be solved, solve hard problems yourself.
If you expect over-communication, you have to do it, too.
It all starts with you.
Know your stage and needs
Companies need different things at different times:
→ Build a great product
→ Create a category
→ Access liquidity
→ Scale growth
→ Raise funds
These jobs are all different.
Don't do all at once.
Limit "fires" over time
Early days, you need to personally put out "fires".
But you need to become so good at creating processes that:
→ Fires become less common
→ Others know how to handle them
→ Fires become a breeding ground for growth