Archive for May, 2009

Training to be an Entrepreneur

Thinking Entrepreneur - Courtesy Flickr

Thinking Entrepreneur - Courtesy Flickr

I have been following one of my Twitter friend Jinal Shah since sometime now. She is an entrepreneur or starting up a business and has come up with excellent compilation of points which are like must TODO for a entrepreneur. I agree to all her thoughts and her post has increase my confidence and some of my thoughts.
I am so convinced that I am going to re-post her post on my blog to pin it down.

Because of the instant-nature of my job, I often don’t find time to sit down, reflect and compute the bytes of information that I feed into my head daily via Twitter, Facebook and a number of other networks. I try not to lose focus of my personal goals as I gain more work experience and become more confident and self-assured daily.

I consider my current phase of life as a “training” period for my next phase of life, which is running my own business. I think a lot about how I want my life to make a difference, the impact I want to make. I will be honest - my primary goal is to build a highly profitable and financially successful business and I don’t harbor false notions about my capitalistic desires. However, I also want to be a strong leader and I want to create a business that will impact more than a handful of lives. An honorable business that will create jobs and hopefully, contribute to the general well-being of society. There is a lot of work that needs to be done, but for now I am also sub-consciously training myself to be a leader, to understand how to run a business and to learn from both the good habits and the bad habits of entrepreneurs. I’ve picked up a few ideas and values that I want to build my business around. I just wanted to put them down on paper, so here:
Read the rest of this entry »

Tags:

Hiring a CEO vs Promoting a CEO

Steve Jobs - Courtesy Flickr

Steve Jobs - Courtesy Flickr

There have been many quality posts around the Internet talking about what is better alternate for a Company to make progress during organization's life-cycle. Selection of CEO is the crucial process to make sure company's progress and direction are on the right track.

I believe it's up to the board of Company to decide based on hundreds of complex criteria whether to promote a CEO from internal staff or to hire a new one.

I am not in the management branch but have been experiencing some of such situations closely these days and I believe there are pros and cons in both the cases and which I can sum up in following points. These thoughts are completely based on my experience and could be wrong in certain criteria. Read the rest of this entry »

Tags: , ,