Skip to main content

Founders' must Let Go !

Founders must Let Go!
Many founders are so attached with their company that they are unable to scale of grow their company fast enough to realize value and take it to greater levels. 
The challenge for the Founders is to grow the company quickly and then bring in professional management and list the company so that the risks are distributed among shareholders plus the company can raise more capital and the founders can de-risk their investment in their company. 
But most times company founders treat their company as the extension of their personality and like a protective parent do not let go and allow it to grow and mature. There are so enamored by their success that they suffer from myopia.
Over the last 20 years I have seen companies similar in aggression and business grow, but I have found companies where founders were willing to take it to a wider investor base and also bring on board more passionate professionals succeed where as companies where the owners have hung on are still dwarfed and have not realized their full potential. 

Let Go to take your company to greater heights!

Are you as a Founder ready to "Let Go" or do you want  your company to clinging to your Apron ? 

Comments

Popular posts from this blog

SMAC and the Transformation of Customer Service & Dialogue

"SMAC" is the a acronym for Social, mobile, analytics & cloud the four pillars of the fifth wave of technology as defined by  Cognizant Technology the  Teaneck, New Jersey headquartered ITES company (NASDAQ Symbol : CTSH). SMAC will change the customer dialogue by leveraging on the collective strength of the Social Media Network, Mobile devices, Analytics driven by Big Data solutions and Cloud Computing as the underlying backbone of affordable and reliable engine for computation.  Let us look at each of these components and their impact on our lives today: 1. Social Media - The Social Media has seen breakneck growth and significant valuation with the winners, we have the four undisputed leaders in this segment Facebook, Twitter, Pinterest  & LinkedIn with competition from Yahoo, Google and Microsoft and another hundred more social media sites of different hues and aspirations.   2. Mobility - The way we handle and process information an...

Top 10 Changes in the Workplace - Impact of COVID-19

A lot has been said about what’s happening with the impact of Covid, on the workplace. Many of these are hard to imagine and some will require serious consideration. Nevertheless, my 20 years plus background in IT, Operations and Consulting across BCP, Security, Projects and Leadership makes me believe the following are what we can be looking forward to (at varying levels) over the next couple of years. Please leave a comment and I would love to hear your thoughts and comments too! 1.        Disinfection Chambers -  You would have to walk into the office through disinfection chambers, entry into the chamber would be post facial and iris recognition for 2 factor biometric contactless authentication.  You could then be tested   for Covid by a nurse through the use of a rapid test kit (Emirates Airline has already deployed the same for airline passengers), there would be a ten minute wait time for the results before you are let into t...

Does Infosys results signals the cloudburst before the deluge for Indian IT Industry ?

Last week I was in Bangalore at Electronic city and outside the venerable Infy campus and there was hardly any activity outside the campus, I remember the same Infy campus  entrance a few years ago which used to bustle like a fish market. At the airport as I moved up the escalator I saw this advertisement positioned in a way that one could not miss it , see the picture below Today the Infy results were out and the domino affect was not only Infy  stock prices but all IT stocks  which has brought gloom in the market. I remember this article written more then a year ago by Arun Mysore and I applaud him for getting it right. "Noted Indian offshore vendor Infosys released its annual results this week. In the last fiscal year 39% of its revenue came from application development and maintenance, 26% from consulting and package implementation, 7.2% from system integration and 7.2% from infrastructure management .  The key question before vendors like Info...