With three kinds of quality, let the wind cast selected you

Source: Internet
Author: User
Keywords Startups startups start-ups.

A successful founding CEO should have at least three qualities: first, a deep insight into "opportunity", a practical and effective solution to the problem and a new market, followed by a heartfelt passion and a clear and firm belief; The writer is a red dot investment partner Chris Mors.

Is the idea of innovation more important as a start-up, or is the quality of the founders more important? I now feel more and more that the latter may play a vital role. Of course, this is not to say that the idea of innovation is not important, and that the idea of making sure that you spend a lot of time behind you is doing a meaningful job. But if no one in your start-up company can tell you how to get the market or turn a profit, you won't succeed at all.

When I think about whether I should support a CEO of a startup, I will look carefully to see if they have these three key qualities, and these three qualities have flashed on every great founder. Whenever I need to think about a deal, I use these three features and never nod my head before I see the founders with these features, at least I want to see some of the features. While these characteristics are key to the decision-making process of funds, they are not the whole of decision making, nor are they non-negotiable. So let's take a look at these features, in a number of places:

The ability to dig opportunities and fulfill opportunities

If the founders of the enterprise were aware of some problems with the previous mode of work, and realized that as long as someone solved these problems, there would be a huge market opportunity. Then nothing is more amazing than this "epiphany". This epiphany is probably just a good guess for anyone who wants to start a business, but for those with insightful start-ups, it's a tangible, action-taking opportunity to actually solve these problems and develop new markets. At the same time, collecting experience in the right place at the correct times, the founder is usually the only person who is qualified to follow this opportunity. They found these problems, so they have a deep obsession with their goals. More importantly, they have a passion for the development of the solution, which drives the cause.

Entrepreneurship
It was the belief that led us to decide to support the founder of Efficient frontier Anil Kamath. He has the qualities of a leader I've mentioned--a Ph. D. In computer Science from Stanford University, and sometimes a good idea. In the early days of his career, Anil was D.E. Shaw & Co. Hedge funds design trading models. From there, he created a search engine company to help consumers compare products from different shopping sites. The company was later acquired by Shopzilla. It is shopzilla that makes Anil understand the importance of search in driving network traffic. Anil thought that since he had been designing a system for millions of shares in Shaw, why not design a system for millions of keywords or other Internet advertising tools to help people who are involved in E-commerce? Anil's insights into digestive's business opportunities eventually led to a leading platform for digital media optimization, which was eventually acquired by Adobe.

Enthusiastic and persistent "marketing talent"

Before you scoff, I would like to stress that what I am saying is not a simple marketing ability, nor a cosmetic version of a marketer. What I'm saying is that his passion and belief in an idea is very clear and contagious. This enthusiasm is deep-rooted, earnest and sincere. It means that he or she can use such enthusiasm to convince anyone. As long as listen to his description, will be his outstanding talent and efforts to pursue the obsession of infection. You know, from business partners to employees, to investors, customers, or anyone who might be involved in a solution, you can't just pretend to sell a vision when you repeatedly sell your own solutions.
Jerry Maguire

Case study: Omar Tawakol is the founder and CEO of BlueKai Company. A company with an entrepreneur and leader like Omar is just like winning three straight wins. He has a degree in computer science from MIT and Stanford, has extraordinary expertise, and is a natural marketer who previously served as marketing director at two start-ups; Omar, through his work experience in revenue sciences, Can deeply identify the importance of audience positioning in digital media. The three-item Omar is the most efficient marketer I've ever seen. Whether it is for customers to explain the strategic potential of the product, or in the implementation of the right to deal with technical details, he was calm. Just like the Jerry Maguire Tom Cruise played in "Mr. Sweet."

Founder of the "Virgin"

The last point may be the most important point: it is his or her maiden venture or the person who is able to maintain the "first entrepreneurial spirit" for a long time. Yes, I do like beginners, although accompanied by some important caveats. Some people might think: I don't want a novice who has no experience, I prefer someone who has experience in a successful team, or someone who has held a major position in a promising start-up. But successful companies are not successful because of these people. Instead, when you work with them, you'll hear "I'll always be the hardest-working or the smartest of all people", "I assume more responsibility than any other employee," or "the company has never had a suitable CEO, but there is no doubt that someday it will be me." "Such remarks.

The founders of the first venture were recognized as Up-and-comer, eager to step out of their professional path. At the same time they are naïve enough not to really understand the difficulty of successfully creating a company. Most first-time entrepreneurs underestimate the obstacles they face and ultimately lead to failure. But they did not prepare enough reserves for failure, nor did they prepare for another plan. These people are desperate to succeed in business.

Right Media's Mike Walrath the perfect explanation for this one. He walked a unconventional road that most people could not imagine. At first, Mike Walrath was a personal trainer, and selling a fitness card was one of the jobs. He quickly jumped to DoubleClick before the dotcom bust. The dotcom bust has led many people to be laid off, but Mike has been promoted again and again. When he finally succeeded in setting up right media, his former boss at DoubleClick said he did have a talent for entrepreneurship. He says he has been the most diligent and intelligent employee and is eager to prove himself. In addition, he is clearly a ambition marketing staff. Is there anything better for an entrepreneur?

Entrepreneurial jargon
We all agree that startups are tough. But I have observed that the founders who have the above qualities are stronger. When they come up with new ideas and are fearless enough to face a steady stream of opposition, even if warned of being crushed by rivals, better, more experienced entrepreneurs have failed because of similar ideas. They are all winners, and they are confident that they will be able to see them on the road to success.

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