How will entrepreneurial CEO destroy early success

Category fnvuqolh

There are many reasons for this tragedy,

, one of the major categories, is the mentality of entrepreneurship CEO and choice, the following share a few of the most common. Too little time to invest in the absorption of excellent senior managers of an organization to be successful in the scale of the need for a strong team of leadership, rather than always CEO a monologue.

 

The following

mainly discusses how entrepreneurs teach themselves to be great CEO, because the greatest technology companies in history, often by such people in leadership.

in raising a milestone in the article, I shared this observation:

There are about 1000 entrepreneurial team

Taiwan market every year, and after 2-5 years, the team can successfully find the long-term, lasting Product-Market Fit, only about 20-30, the probability of success is 2-3%. In this 20-30 home, after 1-3 years, you can find the Scalable Model (SBM), about 5-10, only, which is the probability of 30%. Finally, the 5-10 SBM can find after the successful implementation of scale, as the embodiment of a large enterprise (annual turnover of more than 1 billion years, or gross profit value above 200 million), only 2-3 at home, the probability of success is 33%.

in other words, not easy to find the startup Scalable Business Model, a 60-70% will eventually be successful in scale, has become a cost, efficiency, network effect, channels, technology, or brand of large enterprises.

There are many reasons for this tragedy,

, one of the major categories, is the mentality of entrepreneurship CEO and choice, the following share a few of the most common. Too little time to invest in the absorption of excellent senior managers of an organization to be successful in the scale of the need for a strong team of leadership, rather than always CEO a monologue.

ideally, these deputy directors and directors may be co founders. But in practice, most co founders lack sufficient management experience, and even lack of interest in acting as a good manager.

therefore, more often than not, CEO must turn from successful companies to attract high quality managers with the right qualifications, attitudes and intentions.

this is a difficult job, because information is scarce, the starting point to any progress if it is not Close Deal, to bring value is almost zero. But if CEO did not invest enough time on the above, really find a few outstanding One-Down, the final company will encounter serious problems on the scale.

Leave a Reply

Your email address will not be published. Required fields are marked *