For me the hardest thing about being a founder isn’t that any individual decision is complex, it’s amount of daily decisions and emotional roller coaster throughout. During COVID19 that complexity goes up to All-Madden as outlook becomes less clear and comms with team is harder.
-less clarity on information to help set plans/strategy
-harder to communicate with team
-team has additional personal responsibilities to worry about hourly
-customers/suppliers all dealing with same issues, creating landmines on daily basis that compound the above challenges
-harder to communicate with team
-team has additional personal responsibilities to worry about hourly
-customers/suppliers all dealing with same issues, creating landmines on daily basis that compound the above challenges
-along the way investors are scared for themselves, their families, their portfolios
-team members that haven't been through previous crisis or recessions don't know how to react. Some over react, some under react.
-team members that haven't been through previous crisis or recessions don't know how to react. Some over react, some under react.
-throughout it all the CEO needs to show up. With vision, inspiration, stability, empathy, strength, vulnerability, trust, transparency.
BUT not too much- or it’s scary. Not too little or you miss the boat.
BUT not too much- or it’s scary. Not too little or you miss the boat.
-Team members have different levels of experience, sophistication and emotional capacity- so often times one message is perfect for half the room and counterproductive for the other half.
