Talk About Network

Google


Register and Login
Nick
Password
Register create new account Sign up is FREE and you can post replies, new topics, bookmark posts and more!
Recover lost password


Businesses > Entrepreneurs Moderated > Re: Acquiring a...
Latest [ Topics | Posts ] Archive Post A New Topic Post a Reply
<< Topic < Post Post 10 of 15 Topic 1118 of 1179
Post > Topic >>

Re: Acquiring a CEO

by "shrike@[EMAIL PROTECTED] " <shrike@[EMAIL PROTECTED] > Mar 21, 2008 at 02:44 AM

On Mar 20, 11:13 am, Scott Jensen <RecreationalPo...@[EMAIL PROTECTED]
> wrote:
> "shr...@[EMAIL PROTECTED]
" <shr...@[EMAIL PROTECTED]
> wrote:
> > Where to get him/her?
> > How to bring him/her aboard?
>
> Realistically, you cannot.  Sorry, but you cannot.  Not at this
> stage.  You're just a pipe dream to such a person.
>

I've seen IPOs of companies whose business plans consisted of a large
blurb of techno-babble coupled with a a few first-time VP's from
companies that grew so fast their socks didn't fit. Some went to jail,
some didn't. Whether I'm a pipe dream or not is dependent on my CEO's
ability to _sell_ that dream.

<SNIP>

>
> Your stock is worthless at the moment.  How much is a million shares
> of a pipe dream worth?  Zip.  Nothing.

It is worth what it can be sold for.

>
> > What personality traits should I look for?
>
> I would more recommend you first change your attitude towards CEOs
> before anything else.

Absolutely. I should never consider someone who couldn't take a joke.

>
> And if you ever get such a CEO, realize that you're then out of the
> driver's seat.  He runs the show and must run the show.  No backseat
> driving by you.  He will answer to the Board of Directors but your
> voice on that will be so small it will rarely be heard.  The ones that
> will be heard are the representatives of the financiers and investors
> sitting on the board and those that have a HUGE amount of experience
> steering such a company to greater heights.
>

I have no real beef with experience. Experience good. But there is no
job in the modern tech company that is monolithic. Perhaps "expert
advisor" is a better turn-of-phrase than "Technician".  I will read
the book BTW. Referring to my kung-fu as "technician" is very bad
ettiquette. Jo-Boo would not be pleased.

<SNIP>
>
> One of them liked his business plan and knew he was
> someone that could make it a reality.
>

Sounds great. best of luck to you.

>
> But he isn't getting the money because of his business plan.  He's
> really getting the money because of who he is.
>

Or who he _was_ when the op****tunity rolled around the first time. Did
he build this thing or was he installed by a board?

>
> Are you such a person?  If you are, you might be able to do
> as he did.  If you're not, you must grow your mighty tree from a tiny
> nut.
>
> Good luck!
>
> Scott Jensen

I could be. But frankly, if I can buy a placebo I'm quite fine with
that. I built this thing because I'm confident people will want it. I
spent years working up to this point. I can do the engineering, I
understand the math as it applies to the business, I understand a bit
of the psychology as it applies to the application of power and the
manipulation of markets.

But frankly, most people bore the **** out of me. I can stroke ego's
for only so many hours in a day, after which I need clean air, a
dangerous hobby, and the kind of terse conversation that one only
finds in the presence of men of action.  Besides, coding requires long
stretches of uninterrupted work. I didn't get here by being a
socialite, and am from time-to-time abrasive as hell. So what works
for the goose, ends up as thanksgiving dinner in this case.

-Matt
 




 15 Posts in Topic:
Acquiring a CEO
"shrike@[EMAIL PROTE  2008-03-19 17:00:02 
Re: Acquiring a CEO
"Mark T.B. Carroll&q  2008-03-19 20:53:27 
Re: Acquiring a CEO
NC <nc@[EMAIL PROTECTE  2008-03-20 14:22:33 
Re: Acquiring a CEO
"shrike@[EMAIL PROTE  2008-03-21 02:43:59 
Re: Acquiring a CEO
NC <nc@[EMAIL PROTECTE  2008-03-22 03:44:15 
Re: Acquiring a CEO
"shrike@[EMAIL PROTE  2008-03-22 17:51:14 
Re: Acquiring a CEO
NC <nc@[EMAIL PROTECTE  2008-03-23 03:39:07 
Re: Acquiring a CEO
"John A. Weeks III&q  2008-03-20 14:22:58 
Re: Acquiring a CEO
Scott Jensen <Recreati  2008-03-20 15:13:14 
Re: Acquiring a CEO
"shrike@[EMAIL PROTE  2008-03-21 02:44:25 
Re: Acquiring a CEO
Scott Jensen <Recreati  2008-03-22 03:44:50 
Re: Acquiring a CEO
Jim Logajan <JamesL@[E  2008-03-22 06:11:21 
Re: Acquiring a CEO
ehandbury@[EMAIL PROTECTE  2008-03-21 02:45:01 
Re: Acquiring a CEO
"shrike@[EMAIL PROTE  2008-03-21 15:21:56 
Re: Acquiring a CEO
ehandbury@[EMAIL PROTECTE  2008-03-26 15:10:23 

Post A Reply:
  Go here to Signup

AddThis Feed Button


About - Advertising - Contact - Frequently Asked Questions - Privacy Policy - Terms of Use - Signup

Contact
tan12V112 Wed Dec 3 15:40:08 CST 2008.