2min chapter

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch cover image

20VC: Why Being First To Market Does Not Matter, Why You Do Not Have Defensibility on Day 1, How to Analyse Market Size and Present it to Investors, Vitamins vs Painkillers; Do Vitamins Survive Recessions and Good vs Great Messaging with Guy Podjarny @ Sn

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

CHAPTER

The Painful Lesson I Learned From Being a CEO

When someone isn't working out in the company consistently, letting them go is not only in the company's favor but also in their favor. I think you have to understand what is it that you want to do? If you want to be a big company CEO, then as a founder, as long as you're executing well, you have the right to do it. You learn over time that you can't please everyone and I want everybody to love me. But at some point when you have enough people, there's going to be some people that are unpleased...You need to do the things that is in the kind of the greater good for the broader family.

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