first -time startup CEO

The best advice for a young, first -time startup CEO

Loy Machedo Answer

  1.  Get yourself a Mentor, but I have another question, where to find the mentor? where where?
  2. Learn to live below your means
  3. Work 25 hours a day. That is crazy, crazy? take care of your health.
  4. Be Obsessed, this is true. love love love love …..
  5. Never let success get to your head. Never just say I will have lots money overnight.
  6. 99% of all startup CEO’s & Business owners will cease to exist in 10 years.
  7. Money is your life-line. Money money, everything is money.
  8. Talent Management is the secret to success.
  9. Being at the Right Time, Right Place with the Right Product to the Right Customer is what will make you lucky. Doing the right thing.
  10. Finally, you were just lucky. It is a matter of time before your luck runs out. So what is your Plan B?

 

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