Yesterday I received the first message sent out by Jason Calicanis, the CEO of Mahalo, from his mailing list. He wrote about the failure of his friends company, the reasons it may have failed and some ways to help. He explains how even in failure we have success,
The quickest way to succeed in this world is to get some big, epic failures under your belt.
Some of the things he writes sound very familiar, I have seen them where I work. For a while we had an administrator that had to be in control of every facet of the business, to the point where nearly all the VP’s had a heart attack or joined a monastery.
The best executive is the one who has sense enough to pick good men to do what he wants done, and self-restraint to keep from meddling with them while they do it.
– Theodore Roosevelt
Jason also speaks of choosing the right people for the job. He feels that the CEO’s job is to infuse the companies mission and goals into the employees so that they can work as a team to propel the company forward. They would then be Independent Critical Thinkers, making them an integral part of the machine that is their company.
Hopefully Jason will post this in a place that others can read it. I think the advice is useful for all aspects of ones career, even if you are not the CEO of Mahalo.