In any startup company, EACH employee MUST wear many hats. In a large company, job specialization is the rule. However, job specialization does not make for a successful startup, as it requires too many people and both the costs and risks would greatly increase with the added levels of people and communication.
How Professional Managers Set Goals and Get 56% More Productivity from Their Teams
The Father of Management, Peter Drucker first invented a formal goal setting process called Management By Objective (MBO back in the 1960s. Human beings have not change much at all since then. Most people require supervision and managers. MBO is both a process and very specific goal.
Raising funding is a complex process that few understands as they are often doing it for the first time. I would say about 90% of people I see present to angels just “don’t get it”. They do not understand what outside investors need to see to invest. The course above gives the foundational fundamentals that ALL investors want to see.
Read more: Where can I view data on startup valuations and funding rounds?
John F. Welch Jr., CEO of General Electric, identifies four types of managers:
1) People who deliver on commitments and share the new values—retain and reward these people;
2) People who don't meet commitments and don't share the new values—these people must go;
Read more: Hiring Wisdom Collected From Many Sources A Work in Progress of Hiring