I’ve decided to incorporate SEO Hacker – and give some equity away to my top-level managers in the team. Of course, ownership means taking hits on the good and bad ends of the company. However, getting equity without having to invest any money is still a huge win – especially if you’ll get it when the company’s already in a winning stance.
I guess I’m writing this entry because of the realizations of differing opinions and conflicting styles and perspectives. It happens.
Jim Collins often refer to the debates in the boardroom among directors and executive managers. It’s inevitable when you have all these smart, driven people who wants to make a company grow the best way they know how.
However, at the end of the day, whatever the final decision will be, however agreeable it is to one or two of the board members, it has to be respected. When you go out of that meeting, you will do nothing but support the decision. And when the decision fails, you will not say “I told you so” or “I knew it”, you will say “We failed and it’s a learning investment. Let’s get back up and try again.”
It’s much like how a husband and wife have differing backgrounds, opinions and perspectives in life, marriage and parenting. But it all boils down to whatever the leader of the family has decided on. Whether the others agree with it or not, it should be respected. It shouldn’t be slandered or brought down or blamed – especially in front of other people. It should be held up and respected.
Someday I know I’ll have management disputes and we’ll have debates in the boardroom. Decisions will have to be made whether or not everyone agrees.
Whatever happens, everyone has to respect the final decision and own it as if it was theirs to begin with.