The Business Brickyard

The personal Blog of Howard Mann. Author, Speaker & Entrepreneur. - November 21st, 2008

We have a strategic plan. It's called doing things.

Herb Kelleher founder and former Chairman and CEO of Southwest Airlines.

29
Sep
08

Who Can You Count On When Times Get Tough?

Jason Calacanis sent out his latest email blast this weekend (That has replaced his blogging) and has turned his attention to how startups can/should react to the present and future economic pressures.  Many interesting points to consider (Although not necessarily agree with). You can read a reprint here.

I like this idea in particular:

"8. Hold an optional off-site breakfast meeting on a Sunday and see who shows up: If folks don't show up for you to grow/save the company on a Sunday for a two hour breakfast, they probably aren't going to step up when the sh#$%t really hits the fan. You need to know who the real killers on your team are and you need to get close with them now.
Again, it's fine to have 9-5ers on your team--if you're the Post Office. You can't have them at a startup company. Note: if you reading this and saying I'm anti-family, save it. Folks don't have to work at startups and some of the hardest working folks I've met have families and figure out how to balance things."

My 2 cents: When your business is going through times of stress, one tends to circle the wagons and keep the pain to themselves under the belief that if you shared it with all it would create a stampede out the door.  What you should consider is the power that comes from a group attacking the problem, the reality that you are not in it all alone and the energy that will come from knowing who truly cares about the company (and you).

And, of course, strip the business down to its PURE basics. Execute x 10!

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