From Founder To CEO

063: SPECIAL: "Consensus can be valuable, but it is not always possible."


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Today's Podcast:
 
Joel Trammel, Founder & CEO - Khorus

  • "Consensus can be valuable, but it is not always possible."
  • "You can't always expect everybody in your organization to get to your vision as quickly as you did."
  • "Sometimes you have to say, no, I know that's where we need to go."
  • "The CEO is ultimately responsible for making the decision."
  • "You need to make the decision when you have 70 % of the information available, not 100%."
  • "When you do a startup, it's like sand in an hour glass, you only have so much time to get product/market fit, you only have so much money, so much resources..."
  • "...any decisions that are above the water line...that aren't going to sink the ship...I want those decisions made by other people in the organization..."
  • "When somebody brings you a problem, the first question you have to ask is...should I be making this decision?"
  • "Hiring is the most critical thing."
  • "If you do hiring well, it makes every other part of the CEO job much much easier."
  • From Joel's Book: "Admitting you were wrong and moving on will allow you to maintain credibility with your team."
  • "If you don't have that self-awareness, it's very hard to get better as a CEO."
  • ...more
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    From Founder To CEOBy Todd Uterstaedt

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