Entrepreneur Archive

I recently had the pleasure to chat with Firas Raouf, Partner at OpenView Venture Partners regarding my Startup CEO Performance Review articles. If you have not had a chance to do so yet, you may want to scan Part I and Part II before you listen to my interview. The 12-minute podcast will likely make more sense if you first have a frame of reference for the approach I implemented. Click on the OpenView logo to listen to the podcast: _______________________________

Note: This is part II of a two part series. Click HERE for part I. “Never tell people how to do things. Tell them what to do and they will surprise you with their ingenuity.” George S. Patton, US Army General Part I of this series describes the 360-review that I conducted at a growing, dynamic SaaS business which has recently graduated from the startup stage and entered the early-growth phase. One of the most compelling conclusions I drew from the reviews is that both Founders need to delegate more of their day-to-day tasks. The Founders are in the midst of a classic shift from a bottle-washer mentality in which they oversee every initiative, to one in which they only focus their efforts on tasks that have the biggest impact, while delegating urgent but less important duties. Fortunately, the Founders are comfortable delegating tasks to their highly talented Core Team. The challenge was to identify which tasks to retain and which were best suited for delegation. Following the 360-review, we devised an effective way to help the Founders expand their strategic effectiveness while ensuring that all of their prior responsibilities are appropriately fulfilled.  

Note: This is part I of a two part series. Click here for Part II. “He who knows others is wise. He who knows himself is enlightened.” Lao Tzu, Ancient Chinese Philosopher Ever wonder why most people are dissatisfied with photos of themselves? The reason is more than false modesty. We know our appearance by the image we see in a mirror. However, the image seen by everyone else, including a camera, is our actual image, rather than our reversed, mirrored reflection. Remember all those terrible MySpace self-portraits? The MySpace teens liked the photos, in part, because they showed the mirror image of themselves which matched the adolescents’ self-images.  Studies have confirmed this phenomenon. People prefer photographs of themselves in which the negative has been reversed and thus depicts the familiar view they see when they admire themselves in a mirror. Even though we are most comfortable with this inverted image, it is not how we are perceived by others. Our self-perceptions are similar to our reflections in a mirror. We see a portion of who we are, but not our entire being. The lens by which we evaluate our strengths, weaknesses, and priorities is limited. The only way to obtain a complete understanding of ourselves and determine how we can improve our performance is to seek and act upon the observations and critiques of those we trust.