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- Remember your "one thing ":Your startup company can only do one thing well within a period of time, clarify your "one thing", write it on the wall, and repeat it in your own eyes every day, take "one thing" as the highest level of business meetings, and do not distract you and your team from anything.
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- Remember, you are excellent only when your team is excellent:Take the time to train your team, recruit people who have done a better job than you have ever done, motivate them, and let them do what they never thought they could do, it is not easy to start a business while guiding them to do "one thing" and giving them freedom to treat your colleagues as they do with their families, making your team willing to become a member of the company is an important factor for success. A startup company is not just a job, but also a way of life. As a CEO, your job is not to do everyone's work. Your job is to help them do their work better, ensure regular feedback to your supervisors and tell them your expectations, what improvements do they need.
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- Set style:Everyone-your colleagues, customers, partners, investors, your Twitter and Facebook followers-will get hints from you. From the value-added speed of your company, Data, innovation, customer service, to the company culture, it will reflect your role as a CEO. So, don't be a rude asshole. If you want people to think of your company as what you want them to think, you need to take actions and start from yourself. If you are as busy as a fly, your company will also; if you forget to smile, your company will also; if you lack patience, your company will also; if you don't say thank you, your company will. The company is higher than everyone, but the company is reflected by the work style of everyone and everyone, and you are the leader.
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- Spend at least 75% of your personal time on your product:Only when your products are excellent can your company be excellent and participate in management functions and user interests in person. In my opinion, the CEO must be the chief product officer, as a CEO, you must be responsible for every pixel on the screen. I know it sounds a bit too good, but your product is the output of all your hard work to users, therefore, each of its functions should reflect your goals and objectives.
- Review figures:I am not talking about budget and cash flow, but some key indicators. I will send an email to your team every week to extract key data that affects the company's business. I will write this email in person, email writing forces you to mine and analyze your data on your own, and truly possess the data, so that your work can ensure that everyone in the company can focus on the numbers that can bring businesses to the company. Extract 3-5 key indicators.
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- Exercise:I can't help but emphasize this, so that I can go to the gym at least four times a week, preferably five to six times. Exercise can solve complicated problems with your ability and patience, being a CEO is a big challenge to the body. Let the gym be a way to keep yourself awake and happy. If you haven't done so yet, I promise you will be shocked when you go out and exercise regularly. You will find out how easy life is! Leave your keyboard and go to fitness!
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- Requirement feedback:What do you guess? You are not as smart as you think, you will make mistakes, ask your employees, your customers, your partners, and so on, to ensure that one of your management teams can speak bluntly, make sure that you have a member or friend out of the board of directors who can provide you with suggestions on the company's development (such as financing and board management ).
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- Leave office:It is too easy for people to live behind the keyboard, live in the inbox, leave the office, and discuss with your real customers, partners, suppliers, and bloggers..Understand the problems they actually face, listen to what they say, and keep them in mind,
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- Blog writing, Weibo writing, reading, and participating in the CEO Forum:Write similar to thisArticle, Share your lessons learned, skills in your work, and so on. Don't worry about nobody watching, get feedback from the Internet, read Hacker News, see what other entrepreneurs and tech geeks are sharing and use the investor's network to get advice from other CEOs.
- Cash management:Cash is your lifeline. You must always know how much cash you have left, how long you can maintain you, and what kind of decisions will affect your cash situation, do not raise funds until money is needed.
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- Do it like investors:At the end of each week, ask yourself the following question: have we increased our value by doing so this week? What is your ROI for the past week? If you do not have a positive ROI for two weeks or two months in a row, you may be doing the wrong thing.
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- Have fun:This is difficult and requires a lot of energy to ensure that every day is a pleasant day. Even a bad day requires a bit of fun. If you feel unhappy, you may be doing something wrong. My favorite motto is maturity, but don't grow up.
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- Love:Love your company, your colleagues, investors, partners, suppliers, but most importantly, those who love to stay at home and wait for you-those who support you so that you can fight at the forefront day after day!
This is my version. You are welcome to submit it!
Source: Image and original English text. For the translation, see the article by mr. Jamie.
Original English:
Being the CEO of a startup is a hard and complex job.Here's my quick list of the 13 things every startup CEO shocould make sure to do each week:
- remember your one thing. your startup can only do one thing well at a time. know your one thing. write it on the wall. repeat it every day. put it at the top of every regular company-wide communication. don't let anything distract you and your team from it.
- remember that you're only as good as the team around you. spend time cultivating your team. bring in people who are better at their jobs than you coshould ever be. motivate them and drive them to do things they never thought they cocould do. give them freedom to roam and discover while guiding them towards the one thing. treat your co-workers like family. startups can be a grind. getting your team to love being part of your company is critical to success. A startup is not just a place to work, it's a way of life. as CEO, your job is not to do everyone else's job. your job is to help everyone else do their jobs better. also make sure to give regular feedback to your executives on your expectations for them and areas where you need them to improve.
- set the tone. everyone-your co-workers, your MERs, your partners, your investors, the press, your Twitter and Facebook followers-takes their cues from you. does your company value speed? Analytics? Innovation? Customer service? Ultimately your company culture will largely reflect how you function as CEO. so, don't be a rude jerk. walk the walk and personally act the way you want people to think about when they think about your company. it's easy to get this wrong. if you run around like a chicken with its head cut off, your company will too. if you forget to smile, your company will too. if you lack patience, your company will too. if you don't say please and thank you, neither will your company. the company is bigger than any one individual but it reflects the personalities and work habits of its employees, and you're the leader.
- spend at least 75% of your personal time on your product. your company is only as good as its product. put your stamp on it. insist that it be excellent. dig in and get your hands dirty and manage features and user benefits. where I come from the CEO must be the chief product officer. as CEO you shoshould feel responsible for every pixel on the screen. I know that may seem like overkill but your product is the user-facing output of all your hard work and its every function shocould reflect your goals and objectives.
- run the numbers. I'm talking less budget and cash flow here and more key metrics. send a weekly email to your team summarizing all the key data that drives your business. write this email yourself. writing the email will force you to dig in and analyze the data. own the data. share the data. make it your job to make sure that everyone in the company is focused on the numbers that really drive your business. boil it down to at most 3 to 5 metrics that really matter.
- exercise. I can't stress enough the importance of this. make yourself go to the gym at least 4 days per week, preferably 5 or 6. working out gives you the energy and stamina to solve complex problems. being CEO is incredibly mentally challenging. use the gym as a way to stay fresh and to clear your head. if you don't do this already, I promise you'll be shocked at how much Easier life gets when you are regularly working out. Step away from the keyboard and enter the gym!
- Ask for feedback.Guess what? You're not as smart as you think you are. and you will make mistakes. ask your employees, MERS MERs, partners, etc. for regular feedback. make sure you have at least 1 executive on your team who can give you honest feedback about your own performance. make sure you have at least 1 outside board member or close advisor who can give you regular input on your ate development issues (e.g. fundraising, board management ).
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- Get out of the office.It's all too easy to manage from behind the keyboard and just live around und your email inbox. get out of the office and talk to real MERs, partners, suppliers, bloggers, press, etc. listen to what they have to say and take it to heart. don't just feed them the vision. stop and listen to the reality.
- Blog, tweet, read, & participates in CEO forums.Writing stuff like this is therapeutic. share your lessons learned, pain points, and your tips and tricks. don't be afraid to hang it all out there and get feedback from your virtual network. read Hacker News to keep up on what other startup CEOs and tech geeks are sharing. leverage your investors 'networks to get advice and input from other ceo's who are in similar situations.
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- Manage cash.Cash is your lifeblood. you must know at all times how much cash you have left, how long it can last you, and what the impact of decisions you make will have on your cash position. and don't forget to raise more money long before you need it!
- Act like an investor.At the end of each week, ask yourself the following question: Did our actions this past week increase value? What was the ROI on your time spent this past week? If you go 2 weeks in a row or 2 weeks in a month without a positive ROI on your time spent, you're clearly doing the wrong things.
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- Have fun.This stuff is too hard and takes too much energy to not enjoy it. make sure to have fun every single day. even the tough days need to have some joy in them. if you're not having fun, you're doing the wrong things. one of my favorite sayings is, "mature, but don't grow up."
- Love.Love your company. love your co-workers. love your investors. love your partners. love your suppliers. and most importantly, love the people you come home to-the people whose support makes it possible for you to get up and do it again each day.
What did I miss? What does your list look like?