Big companies have trouble with innovation. Innovation is about bad ideas, or ideas that look like bad ideas. That's the fundamental thing.
Ben HorowitzRead
Nobody knows how to be a CEO. It's something you have to learn. It's a very lonely job.
Interpretation
Being a CEO involves a steep learning curve and can feel isolating.
The quote emphasizes that there is no definitive guide or manual for becoming a CEO; rather, it is a role that one learns to navigate through experience. It also highlights the solitude that often accompanies leadership positions, suggesting that despite the power and responsibility, CEOs may feel isolated in their decision-making and experiences.
In practice
In a speech addressing new managers, one might say, 'As Ben Horowitz pointed out, being a CEO is a learning journey filled with unique challenges.'
Big companies have trouble with innovation. Innovation is about bad ideas, or ideas that look like bad ideas. That's the fundamental thing.
As a company gets big, the information that informs decision-making gets massive. Depending upon the prism through which you view the business, your perspective will vary. If two people are in charge, this variance will cause conflict and delay.
You read these management books that say, 'These are the hard things about running a company.' But those aren't really the hard things. The hard things are when you have to layoff half your company, or you have to fire your best friend. Or you have to figure out a way not to go bankrupt.
Look - this is the terror of being a founder & CEO. It is all your fault. Every decision, every person you hire, every dumb thing you buy or do - ultimately, you're at the end.
As long as people are clear on what they need to do and what's going on, you're very likely to succeed. When nobody is clear, then you're guaranteed to fail.
I emphasize to C.E.O.s, you have to have a story in the minds of the employees. It's hard to memorize objectives, but it's easy to remember a story.
When I was a young man, I was poor. In a war with other nations, I was in eighty-seven fights. There I received my name and was made Chief of my nation. But now I am old and am for peace.
Consensus is the negation of leadership.
I'm grateful for the opportunities God gave me to minister to people in high places; people in power have spiritual and personal needs like everyone else, and often they have no one to talk to.
A President needs political understanding to run the government, but he may be elected without it.
Some of the best advice I've had comes from junior officers and enlisted men.
There goes my people. I must follow them, for I am their leader.
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