Posts Tagged entrepreneurship

Whom to Hire, Whom to Fire and When?

Show the way out

Show the way out

If you are one of those like me somewhat, who finds it bit or lot more troublesome to fire employees than the fact about firing an employee is that "We are not doing bad with them or their families or not even to community or anyone else, the simplest point is that - they are not just good at what we want and they can be lot more better at many other places or skills which we might not want at this point in time."

We are just giving them a chance by closing our door and asking them to look at other opportunities around, waiting for them to do much better where they are good or best. I remember a quote from my boss that "Programming might not be in his blood, and they can be really good at many other things". This way we are just helping them to find a right job or work which they would love to do...

I remember a quote from Steve Jobs speech at Stanford: "You've got to find what you love. And that is as true for your work as it is for your lovers … If you haven't found it yet, keep looking. Don’t settle. As with all matters of the heart, you’ll know when you find it." (Here is a helpful post about How to find the Work You Love? at Life@DiGiTSS)

I have received a nice email from Infusionsoft marketing team as part of follow-up and tip.. which I would like to share here in this post. Read the rest of this entry »

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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:
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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 »

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