It’s hard to maintain processes if things aren’t written down.Maybe Biggie is a bit harsh in saying that your mom may set you up for a quick buck, but at least in my line of business, it’s always better to over-communicate than to under-communicate.
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For example, making money in Silicon Valley can actually drive down your valuation and make it difficult for you to raise additional capital.
If investors know your run rate or month-over-month figures, then they make projections based on those figures, instead of your user growth or technology. In the three minute clip, Jay Z is seen in the studio with the likes of Rick Rubin, Pharrell and Swizz Beats, working on new music.
Lionel Messi is one of the best athletes in the world. By the age of 25, he would win back to back to back Ballon d’Or Awards, given annually to the best soccer player in the world.
Yet despite the fame and accolade he rarely calls attention to himself.
At WSJDLive, Facebook executive Chris Cox on how the company’s future is being shaped by how the social network is being used in countries like Indonesia, Myanmar and India.
He goes on to say that studying these emerging markets has inspired new features and products.
It’s hard to think about what’s best for the business when your inept uncle is overseeing finances and you don’t want to upset to the family by letting him go.
If you can’t be cutthroat and treat an uncle/cousin like any other co-worker or co-founder, you shouldn’t do business with that family member.
Most of us are good at treating co-workers like family.