11 Important Things That Should Be on Every CEO’s Wish List- Valutrics
What does every new founder need?
Dear Genie in a Bottle,
I’m going to start a new company. Yes, Genie. I know I’m crazy. And, I know I only get eleven wishes. With these eleven wishes, please grant me:
1. A great co-founder. Batman needed Robin. The Lone Ranger had Tonto. And every great founder needs at least one great co-founder. So please grant me a great co-founder. And please give me…
2. Wisdom. Decisions are never clear when you are CEO. There are multiple options and multiple paths. Please grant me the wisdom to decide on the right path. And, while you’re at it, Genie, please give me …
3. Grit. I know it’s a tough road to success. I’m going to need grit and lots of it (read: What’s The One Trait All Successful Entrepreneurs Have?) to hang in there during all the rough times ahead. Oh, and could you also grant me …
4. A reality distortion field. Like the one Steve Jobs had. Yeah. That would be useful, I think. You need to bend reality when you’re starting a new company. Then it would be helpful if you could grant me…
5. A great network. Then I can recruit a great team to work with. You know. A team that is passionate, has integrity, is smart, and fits the company culture.
And since, we’re on the subject of integrity. Genie, please grant me …
6. A soul. Temptation is everywhere. And I never want to lose my integrity. Ever. Even if it means doing things that might hurt. I’m also going to need …
7. Generosity. I can’t expect to keep 100% of the equity for myself. I need to be fair and generous to the team. I know that I will be rewarded many times over by being generous. Speaking of generosity, Genie, please grant me …
8. A loving and supportive family. It’s going to be tough on my family because, even when I’m with them, I’m going to focusing on the company.
And there are going to be near-death experiences where it looks like everything we’ve worked for is going to go away. That’s when I’m going to need my family’s love and support. And speaking of support, Genie, please grant me …
9. Great investors. And by great investors, I mean supportive investors. You know, investors that are going to hang in there during the ups and downs of building a company. And it would make my investors and me happy, Genie, if you could grant me …
10. An exploding market. It doesn’t even have to be the market we initially aimed for, Genie. It can be a new market that needs what we’re developing (with a few tweaks).
A growing market would be excellent. Finally Genie, please grant me the greatest wish of all …
11. Luck. Without luck, I know it’s next to impossible to win, so please grant me some luck. I know I’m going to need it.
Thanks, Genie! I know I’m asking for a lot, but I’m going to need every bit of your help to succeed.