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Sunday, August 14, 2005

 

OnlyOnce: It feels like the first time and it is.

How many times have you heard the saying, &amp;quot;You only get one chance
to make a first impression?&amp;quot; This is often applied in hiring and social
settings, but has enormous implications in that rather big part of our
lives, otherwise called &amp;quot;work.&amp;quot;

As an extension of first impressions, we have many &amp;quot;only once&amp;quot;
experiences, which almost always sets the tone for how those same
experiences turn out. So what big &amp;quot;only once&amp;quot; are you most concerned
about? Are you making a good impression?

Today's Feed of the Day - OnlyOnce - comes from Matt
Blumberg, a first-time entrepreneur blogging about his &amp;quot;only once&amp;quot; as a
first-time CEO. His blog makes a good impression on me, especially as
he shares his thoughts/experiences/war stories related to being a first
time CEO, getting funding, hiring employees, and
business/technical/political trends that affect his company's outlook.

It'd be interesting to have a few employee/partner/investor insights
into how he's doing with his &amp;quot;only once&amp;quot; - maybe they're in the
comments?&amp;nbsp; Anyhow, I gathered a few posts that you might appreciate
(permalinks may require scrolling):

Promiscuity.
Not the kind you're thinking of. It's about the current transparency in
business practices, communications (internal/external), and financing
negotiations. People expect you to share what you're all about.
Personally and professionally.


Are you Topgraded?
- Interesting book review about an organizational strategy that only
allows hiring &amp;quot;A players,&amp;quot; especially while the venture is young. So
are you an A player? Is your company made up of A players? Assuming
that A players aren't dominated by unmanageable egos, this is an
essential part of a successful start-up (VCs love it too).

The rumors of email's demise have been greatly exaggerated.
Obviously we think RSS is a phenomenal way to communicate. But can you
really imagine giving up one-to-one (or closed group) communication via
email? I can't either.

How to negotiate a term sheet with a VC.
Ten steps to term sheet negotiation (note: there are several additions
to this post, well worth the reading). If you make it this far, you're
doing quite well. A word to the wise though, investors are your
financial partners, not your friends. You can be friends when/if you
make money for the investors and generally not before!

There are plenty more insights about
building/growing/leading/managing a tech company (and probably applies
to any company) in a more back-to-fundamentals entrepreneurial climate.

RSS Feed of the DayRSS feed: http://feeds.feedburner.com/Onlyonce Website: http://onlyonce.blogs.com/onlyonce/ more...

http://www.sebura.com
Originally Posted on 8/14/2005 7:58:43 PMContent source: http://pluck.typepad.com/feed_of_the_day/2005/08/onlyonce_it_fee.html

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