Jason Goodberg, founder of Fab co-founder of the American Flash-purchase website, recently published a blog article

In the second half of 2013, Fab suffered a heavy blow. To a large extent, Goldberg's blog post can be said to be a "confession book" which is a self attacking.

Fab was once the favorite of the media. But in just a few months, the flash-purchase site has fallen to a series of layoffs by raising more than $150 million trillion in funding from a 1 billion-dollar valuation. In the wave of layoffs, Fab has lost more than half its staff, and the total number of employees is now only about 300.

No matter what you think of Goldberg and the way the fab is going downhill under his leadership, this blog post is all well written. He expressed regret for many things in the article as follows:

Allow Fab to sell things that are not proud of their employees. He said the company had recently conducted an internal investigation and found that $1 million worth of inventory made it impossible for its employees to be proud to sell the goods.

Too many people are employed in the European market and too fast, and the end result is forced layoffs that have affected more than 100 employees. Another result is that Fab will stop selling almost all of its goods in the European market, except for its own custom-made furniture, according to Tech.eu, a European technology blogger.

"We should have focused on making every day better than the day before, but at this point we began to dream of making a lot of money." ”

-Open discussion on revenue expectations.

– Making public statements too frequently. "No matter what you think, the fact is that not many consumers want to know the CEO of the company they interact with." What they want to know is not you, but your product. ”

Ironically, Goldberg's confession was actually a "public statement". The following are the 16 lessons Goldberg has mentioned in his blog post:

1. Shing.

2. Take control of your own destiny-Cash is king.

3. Do not let people in, but to challenge and delegate.

4. As CEO of the company, all the mistakes are your fault, because you set the tone for the whole company.

5. Never forget your core mission. If you forget, then you need to acknowledge and fix the problem as soon as possible.

6. Guaranteed attendance.

7. As a non-listed company there are many advantages to ensure that you do not lose these advantages.

8. Willing to accept the proposal.

9. No matter how much pressure, must maintain the body shape.

10. No matter how much pressure, must eat healthily.

11. Give yourself a break from stress.

12. Don't blow your own horn.

13. Close your mouth. No matter what you think, the truth is that not many consumers want to know the CEO of the company they interact with. What they want to know is not you, but your product.

14. Do a good job in guiding. One of my biggest goals in the 2014 was to be more engaged in mentoring.

15. Work on the ground rather than doing something useless.

16, never give up, ignore the negative. Focus and lead. Time is the most valuable asset to an entrepreneur, allowing you to learn, adjust, and come up with a solution if you have the courage to do so.