The myth of Entrepreneurial Management (I)

Many people are infected with entrepreneurial stories and have an interesting idea of entrepreneurial management. For example, think startups should be very loose, no matter when it's time to work, it gives employees a lot of free time, no matter what they do during office hours, because they are geniuses, bosses and employees should be good friends, never tough on them; Artificial high, good welfare and so on. These phenomena do appear in many companies, such as Microsoft, Google and many Silicon Valley IT companies. But I believe that these are the characteristics that are reflected individually, not the principles of management itself. A start-up company that is truly responsible, not just luck, should have at least three major considerations in management: Time, money and team morale. Time-to prove your company's vision in the shortest possible time and to find the right direction to market development. Entrepreneurship is not a bit of delay, time is opportunity, after the No. Money-control costs, because resources are limited, you can not do to do things, do not have to do what is not necessary. Find money to support or create profits. Team morale-talent is indispensable to the company, so be sure to provide a happy and satisfying work environment. You can't just ask them to do it all the while, and no one wants to just do the tools you make. In the management also cannot be too loose, otherwise will become disunity, affects the morale. To put it simply, the team is happy to do the best thing at the fastest and lowest possible cost. How do you balance time, money and team morale? It was difficult, but no one said entrepreneurship was easy. I will continue to share and would like to hear your opinion now. Welcome message. Taken from my previous blog: http://www.simonchan.net