Building your own business is not easy. That is indisputable. But it doesn’t have to be gruesome task that would drive you insane. Here is my advice on how to build your own business and stay sane.
Hiring and firing is one of the key responsibilities of a manager. For startup founder, good hiring and quick firing is key to success.
Looking back at all people I have fired over the years, the only thing that comes to my mind is – I should have done it earlier. Some of them not even hire, but with all of them I have never regretted firing them.
One would assume that most of my time I am spending telling people what to do.
Actually, most of the time I am telling people what not to do.
With growing business I see two main challenges:
i) maintaining quality
ii) managing complexity
Looking back at my business plan I had for my cooking school – it feels useless and bit of a joke. Everything I have put in there was so much off when it came to reality.
Most of the things took twice as much time and money than expected.
Many things I put there never happened. Many I didn’t, did.
Some things worked, some did not. Would I do it again? Absolutely!