You’ll learn
- To deal with business challenges
- To hire the best
- What makes a great CEO
- How to lay people off
- About the mindset to help you overcome challenging situations
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first KEY POINT
Self-help literature tells you a lot about dealing with challenges. And yet life’s obstacles often come without handed-on-a-plate instructions. You probably already know that you have to set ambitious goals. But what should you do when you realize that working toward them made your life a disaster? There is plenty of advice on how to hire the best employees. However, what are you supposed to do when these employees start making unreasonable demands?The most challenging things about running a business or working on an idea are not the most obvious ones. There is no one correct recipe for overcoming the challenges because they are dynamic and complex. Nevertheless, other experiences and stories can help you through these hard things.This summary will provide Ben Horowitz's stories of achievements and going through tough times. As an entrepreneur and venture capitalist, he understands how difficult it is to build successful companies from scratch. The lessons here form the backstory of Ben Horowitz's blog posts and usher you into a world of possibilities. He understands all the difficulties of building successful companies from scratch.
So, have you been struggling with your business idea? Do you find it challenging to carry out all the responsibilities of a CEO? Then you must know that creating something out of nothing doesn't happen with a finger snap. Here you can find out how to deal with the hard things and build a business when there are no easy answers. Let the journey begin!
second KEY POINT
Many words can characterize Ben Horowitz's business path — a rollercoaster, a survival cycle, an evolution. It's been quite a journey filled with both euphoria and terror. As the young CEO of Loudcloud, Ben Horowitz managed to build the company with the fastest growth back then. He knows how to walk the edge of bankruptcy very well. He felt pressure from having employees depend on him and making hard decisions. Fear of losing other people's money and a ruined reputation followed along the way too. When the company's survival was at stake, it was time to hear fifty “no’s” for the sake of one “yes.” It was a point to choose the right people for advice, think through the worst-case scenarios, and take full responsibility for the company's path.Being a CEO is like skating on thin ice. Keeping your focus on the risks leaves you with less chance of falling. The business depends on various external factors, not only in your control. It’s incredibly tough to play a survival game every day. Struggles come when things don't go as expected. They arise when you start questioning your vision, abilities, and why you started in the first place. You can smell struggles as you notice your space filled with fear of losing something that has become a part of you. But you are not alone in this.

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