Key Ideas from "The Hard Thing about Hard Things" by Ben Horowitz
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sydneyverifiedco-creator of Commaful
Autoplay OFF  •  a year ago
Ben Horowitz, Co-Founder of a16z, shares wisdom and advice about running a startup. You can get the book here: http://www.amazon.com/Har...

Key Ideas from "The Hard Thing about Hard Things" by Ben Horowitz

The hard things aren't big goals & big dreams.

The hard thing is laying people off when missing a big goal

It is waking up in the middle of the night in a cold sweat

when the dream turns into a nightmare.

The most important lesson: EMBRACE THE STRUGGLE

Hard things are hard because there are no easy answers or recipes. You don't know the answer and you can't ask for help.

Nothing happens unless YOU make it happen.

Ask yourself what you AREN'T doing.

Another hard thing:

The difference between mediocre and magical is often the diff between letting people take risk and holding people too tightly accountable.

The biggest obstacle to putting a training program in place:

The perception it takes too much time. The only ways to improve the output of an employee are through motivation and training.

Tomorrow looks nothing like today.

If you survive long enough, it may bring you an answer that seems completely impossible to overcome today.

The hardest thing:

When you wonder why you started the company in the first place. Ask yourself "If our company isn't good enough to win, then do we need to exist at all?"

Every great entrepreneur goes through this struggle.

Steve Jobs to Mark Zuckerberg. You are not alone

Communication becomes the biggest challenge as you grow

Managers should do 10% of the talking and 90% of the listening in meetings

A CEO is measured by speed & quality of decisions

NO startup has time to do optional things.

You need 2 kinds of friends in your life

The friend you call when something good happens and the friend you call when something goes horribly wrong.

Good luck facing the hard things.

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