Who’s the Boss???

So, yeah, you’re the Idea Ingenue, the Wheeler Dealer, the Startup Czar. Now what? What do you do when you’re no longer a startup, you have a couple dozen employees and things aren’t as nimble (or easy) as they used to be? What happens when the collective lack of experience but oodles of enthusiasm starts to be a detriment rather than an asset?

Doug Tatum, a management consultant and author of No Man’s Land: What to Do When Your Company Is Too Big to Be Small but Too Small to Be Big (BusinessWeek.com, 8/1/07) says many companies encounter similar problems when they grow to around 20 employees. That’s when companies typically are forced to make the transition from the high-performance/cheap-labor model that worked in the startup phase of the business and start paying the real costs of labor and productivity.

Facing the reality that the Founder is probably not the “big-time” leader to take a company to $50 / $100 / $200 million is a real gut-check.
Bottom line question: What’s more important to you, Top-Dog, your ego or your income?

DeliciousStumbleUponDiggTwitterFacebookNews VineRedditLinkedInEmail

Smart Start-Ups Know…

1. Failure IS an option– without experimentation there is no growth.

2. Bravery is contagious– the only way to find real success is for the entire team to challenge the status quo.

3. Rule books are dispensable– throw out “the rules” you’ve lived with at large firms… what’s the worst that could happen?

4. Lose the slackers– you’ve got to have hypersmart, motivated people in this cutthroat environment.

5. Test for “too many of us are drinking our own Kool-Aid”– if you start believing your own hype, it’s all over very quickly. Keep it real.

DeliciousStumbleUponDiggTwitterFacebookNews VineRedditLinkedInEmail

It’s in the Cards…

‘Tis the season of the ubiquitous Christmas card so I must comment this morning on the lack of creativity and the utter lack of memorable-ness of most business cards. Note to small business owners– this one tiny part of your company is the most important investment you can make… especially in the beginning.

Your business card represents your company; its brand, its voice, its quality, its character. Don’t blow your one chance to make an amazing first impression with cheap card stock, uninteresting colors, text logos (unless you’re a legal firm), and an overall lack of design with your total company brand in mind.

Or, you can try something completely different like Jeffrey Gitomer http://www.gitomer.com/
“In 1988, I had only two employees. One day, I decide to give my pet cat, Lito, a business card. I gave her a title, “Corporate Mascot.” She played a vital role in my office productivity. Whever I needed an important paper, Lito was lying on it.

“The minute I started to give Lito’s card out, word in the Charlotte business community spread like wildfire. Everywhere I went, people would ask if I had one of my cat’s business cards with me. I always did. I wrote an article about it. Hundreds of requests came in for one of Lito’s cards.

“I was at a networking event in Charlotte when a Fast 50 corporate president ran over ot me saying, ‘Hey, Gitomer, show this guy your cat’s card.’ ‘Have one,’ I said, ‘and have one of mine in case the cat isn’t in. I usually handle her calls.’”

Be different… be memorable… the card pays you back.

DeliciousStumbleUponDiggTwitterFacebookNews VineRedditLinkedInEmail