Did you know there are different types of founders? Do you know what type you are? Did you know that there are different strategies for each type of founder? Where many founders get it wrong is they choose the wrong strategies simply because fail to recognize these differences.
Passion is the primary source of fuel for founders. It's what gets them through setback after setback in the early days. It keeps their unwarranted optimism afloat long enough for it to become warranted. But what happens when you, as the founder or even the CEO, lose your passion for your business?
Culture is what you communicate, celebrate, and compensate. Culture is not your cleverly word-smithed statement or aspirational values or wall art or a well paying corporate job for your local screen printer. It is not some credo crafted at an offsite convention. Culture is much less glamorous and much more relevant than that.
A common but wholly bewildering problem founders face is apathy among their employees. As a successful founder, I'd be willing to bet you are wired to drive forward. You probably don't have an off button (at least while you're awake). Employees can be a whole different story.
Great leaders distinguish themselves from bad or even just good leaders by their ability to make the right decisions at the right time. There is a mystique that surrounds a great leader's ability to make great decisions, and I see it all the time in founders.
When I start working with a founder and their team, one of the first issues we have to address is a big one: How they approach growth. Typically, up until this point, they have grown by selling as much as they can and then scrambling to keep up. But this strategy is about to expire.
You did it! You started a business with nothing more than a dream and a willingness to roll up your sleeves. You worked hard, really hard, and the business grew. You're a stand-out success by everyone else's standards. So why are you not jumping for joy?
Does everyone in your company understand your common goals? Does everyone in your company agree with those goals? Does everyone in your company work effectively and efficiently toward achieving those goals? If not, you might be surprised how much it is costing you every day.
I'm going to share with you the five ways I learned to overcome the departmental silos that develop in virtually every single growing business. Each of these five strategies will help you build the cross-functionality that will allow the organization to work across functions and between silos, at all levels, in an organic, natural manner.
If you are a Founder or CEO of a $1M+ business, you've probably come to recognize how important your senior leadership team is to your success. You can't do it on your own. You can't make all the decisions or manage all the people. You need strong leaders who can share the load.