A Quote by Mark Fletcher
During the whole funding process they said, 'We're interested in you guys because of your management team; we think you're fantastic...' Two weeks later they pull me into the office - before even the first board meeting - and say, 'We want to replace you as CEO.'
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You don't think, when you start a company as the founding CEO, that if your venture actually works, you end up with three jobs: founder, CEO, and chair of the board. The first eight years at Bonobos, I have learned a lot about the tension between the first two. It didn't even occur to me that I had the third job until much later.
I think every responsible public board at every board meeting should be discussing succession. And, of course, Walmart has a very mature board: our chairman Rob Walton and other members. So succession is an ongoing. I think when I first joined the board of directors, it was discussed then. And it's discussed at every board meeting continually.
Superhero creators who engage in deconstruction fall into two categories: There are the guys who do it because it's easy, because it gets an audience reaction if you point out that superheroes must be a bunch of psychotic nuts. And there are the guys who do it because they're actually interested, and they're trying to get at what's going on underneath. They're interested in the process and the results.
Your father is the first person to tell me that I am lovely who seemed to mean it. The only people who've told me that before were ones who think they're supposed to flatter a princess' 'I think you're lovely,' murmured Eadric. 'Only because you love me,' I said. 'Hmm,' he said, kissing me before I could say anything else.
Often, what I tell a new CEO asking for advice, or one of my own new leaders, is the two most important decisions that your team is going to watch is the first person you hire and the first person you promote - because you are saying that's the type of person I want.
It's a bit disappointing when board members who don't know a thing about football are making decisions on your career. When you look at it you've got coaches, senior players and CEO's who wanted me but then it gets to a board meeting and you've got fat businessmen who are making the decision on your career. It was frustrating and it made me a bit angry.
When I came into the CEO office, I basically changed the entire management team. We knew that we had to change the company, so we needed a new set of leaders.
When I was first elected to the Colorado State Board of Education in 2000, we had to carry a big binder filled with hundreds of pages to every meeting. By 2004, the State Board had gone paperless. We even persuaded the less-tech-savvy members to use laptops to pull up their information during meetings.
Often, entrepreneurs don't build a board until they are forced to by their VCs when they raise their first financing round. This is dumb, as you are missing the opportunity to add at least one person to the team who - as a board member - can help you navigate the early process of building your company and raising that first round.
That was pretty smooth, because you don`t want something to go wrong when you have a whole senior level of actings. That`s not a position you want to be in. It`s OK to replace your team, but usually you want them to be in place until the new people are confirmed.
For me, and I said this even before the draft, I think being with the same team for my whole career would be something that would be very special to me because, especially at the quarterback position, that means that we won a lot of games, hopefully Super Bowls, 'cause that's the end goal.
I think we have lost our way when people like the [board of] governors and the CEO of the NYSE fail to realize they have a duty to the rest of us to act as exemplars... You do not want your first-grade school teacher to be fornicating on the floor or drinking booze in the classroom; similarly you do not want your stock exchange to be setting the wrong moral example.
I remember we [with Donald Trump] were sitting in a meeting and he walked in and he looked at me and he said - maybe five or six of us in there - and he said, "Are you the first woman to ever run a presidential campaign?" And so the guys in the room said, "First Republican woman." And I said - you know, I always think of Susan Estrich and Mary Kay and Donna Brazile, and respect them enormously; know one of them very well. And I said, "Well, I'm the first Republican one."
There was one time where I failed to perform sexually. My girlfriend said to me "oh don't worry, it happens to a lot of guys". Ok, there are two things wrong with that. First of all who are these other guys?, and second of all if it's happening to more than one of us, don't you think it could be YOUR fault?
To those who say it would be too difficult to repeal and replace Obamacare, I say it's a two step process. We repeal the Pelosi Congress in 2010 and replace the Obama Administration in 2012.
If you two were going to be that obvious about it, why didn't you guys come down in your Team Daniel and Team Miles T-shirts?" "We should order those," Shelby said. "Mine's in the laundry," Arriane said.
