Leading A Successful Startup

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‘Startup leaders aren’t necessarily paid for moving fast and breaking things … but they are expected to experiment and iterate to drive success.’

‘You don’t have to be fully ready to go for it.’

‘You have to nail the job that you were paid to do first, before you highlight anything else you’ve done above-and-beyond.’

‘If you don’t do what you’re paid to do exceptionally well, it’s hard to make the case that you’ll be more successful once promoted.’

‘If you ask questions upfront, you can hopefully avoid finding yourself in the middle of a messy founder drama.’

‘You need to align with your colleagues enough to want to put in a lot of time together tackling challenges.’

‘You can mitigate your risk coming in the early by asking for a contractual agreement around ‘true-upping’ your cash to market rates at key revenue or fundraising milestones.’

‘Try to make the leaps manageable and within your comfort zone to set yourself up for maximum success.’

You need to understand markets and business areas that impact your startup, not only your particular role.’

‘If you are interested in growing into an executive role, think about how you can learn other areas of your function that you may not have owned previously.’

Source

Sarah E. Brown (2022) Lead Upwards: How Startup Joiners Can Impact New Ventures, Build Amazing Careers, and Inspire Great Teams

How To Navigate Your Move From Manager To Executive

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‘Incoming executives inherit many forms of organization that were designed to serve the needs of their predecessor. To both effectively manage your time and move forward on your priorities, it’s imperative to think through the configuration of direct and indirect reports you want in your organization, along with the capabilities and roles that you choose to elevate or demote.’

Framing your plan- even if it changes over time- is a useful step to thinking through how you will accomplish critical objectives. … An effective plan not only considers what you must accomplish at work, but also what you want to personally accomplish and do.’

Sponsorship is an essential responsibility of C-suite leaders. … Successful sponsorship often requires focus, planning, commitments, and communications to generate a tangible impact.’

‘Time, talent, relationships, and transformation are the four pillars of effective transitions.’

‘During transitions, incoming leaders must effectively gauge the prevailing corporate culture.’

‘For incoming executives, the pathway to improving company performance can entail significant change initiatives. … A starting point to improve the odds of success is to systematically anticipate and prioritize the risks that are most likely to impede the realization of the project.’

Focusing on constraints, uncertainties, disruption, scaling- and halting activities that are no longer impactful- can help transitioning executives swiftly make choices that can frame opportunities for transformation that drives a meaningful boost in performance.’

Careful due diligence of leadership’s working style before taking on a new role can help executives avoid dysfunctional environments.’

‘Incoming executives are usually hired to improve performance and drive change. Delivering this change may require the consent and support of other key executives. Exercising influence to build support for change may range from initiating conversations that leverage likeability, to trading influence currencies, to aligning stakeholder commitments and actions to your projects.’

Working through the communication cascade early in the transition with a specialist can help you clarify your asks of them.’

‘Incoming executives must establish effective stakeholder relationships.’

Source:

Ajit Kambil (2023). The Leadership Accelerator: The Playbook for Transitioning into Your New Executive Role