Comments on: Building Profitable Business

By: Ravi

Ravi — Thu, 20 Nov 2008 07:09:28 +0000

Absolutely….

Bringing a professional CEO early generally leads to conflict with founder and early employees about the direction of the product/business. Often its difficult for founders to pass on the control to an outsider who has a different product/business vision.

Things become more structured once product and business model is proven. One needs focus and execution capabilities to scale and build the company. From investor standpoint, at that stage its easier to replace founder,etc incase of severe conflict.

By: Sumeet

Sumeet — Thu, 20 Nov 2008 04:36:39 +0000

I think it depends…an entrepreneur must always be open to hand over the baton to a pro but only if thats the best for business…

if there are examples of founders handing over charge, there are examples of them coming back also
Why Jerry Yang came back and now gone again?

This question doesn’t arise for early stage startups…only once the biz model is proven and you have institutional capital

By: Ashish A

Ashish A — Wed, 19 Nov 2008 13:53:46 +0000

I think , luck favours everything…but not with something like Google story or similar legends……

It is beyond luck.. take example of Abhinav Bindra he shot last shot to closest much larger than apponent…..and I believe that was not a luck as He used to prepare himself 7 hrs a Day…..

Determination ,hardwork ,focus outcomes are not depend on luck

By: Beeba

Beeba — Wed, 19 Nov 2008 13:40:06 +0000

Good post Ashish. I think that pro CEOs should be got as soon as possible. You have to be really choosy and make sure that they’re not learning on your time. Having a pro from the get go will give you the benefit of their failures and lessons. Moreover, a networked, experienced and respected frontperson will get you cash faster and save you time in the long run. And …there is always an element of luck don’t you think?

By: Ravi

Ravi — Wed, 19 Nov 2008 12:24:40 +0000

I think Larry/Sergey just got lucky…

If we were to put them in Stanford dorm again with no (or little) savings, Whats the probability that they’ll create something as valuable as Google?

I would say highly unlikely.

By: Supreet Sharma

Supreet Sharma — Wed, 19 Nov 2008 11:16:46 +0000

Good post about basic but important things.

By: Ravi

Ravi — Wed, 19 Nov 2008 08:59:23 +0000

I think professional CEO should be brought in when the product and business model has been proven and the organization needs focus and superior execution to scale faster than competitors.