The IoT Show


Thursday, December 15, 2005

Execution is Everything

Execution is everything seems like a cliche I heard from many VC many times during the funding rounds. I learnt what it meant as soon as I got the Series A money.

Earlier in my 15 years of corporate life, we had management offsites to brainstorm strategy. Strategy was cool and execution seemed tactical. I didn't understand then as I loved the operational side of getting results.

Once you have a startup, execution means getting the job done. Delivering on what you promise your investors, employees, partners, the promise of what your vision is all about. Vision sounds again beautiful when you paint a dream. Execution seems like hard word.

I went to the bank to open a bank account with checks for $1million. Then I had the urgency to find office space and get our team into productive mode. We already had a core team in place, we used to meet at Tufts university in the cafeteria and designed the basic Coola system. Thanks for ASP servers, we even had basic tech infrastructure in place to start work.

I found that those people who rolled up their sleeves and were ready to do all the dirty work were the real startup people. They were the ones who learnt and grew. They were ready to adapt to change, but were execution people.

As founder/CEO (I use this term interchangablly as it all means the main work horse in the early days), I found I had to do more dirty work that I could not find the people to do or wasn't able to delegate.

So, thats what the VCs meant by execution is everything. They were using years of experience to spot the team capable of surviving the startup ephuohoria to hire, build a good team who could break the job to what needs to be done and do it happily because they really believed in the vision they were pitching.

I digress for a minute as I have to share with you my set of jokers who showed up to help with all sorts of consulting jobs that seems trivial, boring or just not-fun to do.

One was offering to get the office space and all logistics and get up up and running.
We all have moved in America. We know its not fun to call the phone company, electric company, Internet Access provider (even if its one the same companies), research options and get the best one and not to mention the office furniture, computers etc. He wanted a chunk of the company. No joke!

This was 1999 end, with all office space taken. Internet access took 3 months to get. I have intervied people for jobs with looming deadlines at work, but not for one like this. Well, I found he was not making any promise of delivery on time.

I got a sub-leased space from a company who had sold to a mid-west company and got the lease transferred to us and made that company leave behind the deposit to pickup later after we moved out so all was well within days.

I think if you plan ahead its good thing, but planning for hiring your team and technology and your first customer will be more important before you raise money.
So, if you work on this logistics remembering its your first exercise in managing your cash flow and remember how hard you worked to raise the money, it will get you into proper execution mode. And remember execution is everything.


Pradeep said...

Hi Su...Tx for your blog.
I am getting started on setting up an Indian restaurant in Bangalore,India...Wonder if you would have an Interior designer in mind...who will not charge the sky and possibly be based out of bangalore...?
Do email me if you could suggest.
Great blog.

freefun0616 said...
This comment has been removed by a blog administrator.
Adi said...

Oes Tsetnoc one of the ways in which we can learn seo besides Mengembalikan Jati Diri Bangsa. By participating in the Oes Tsetnoc or Mengembalikan Jati Diri Bangsa we can improve our seo skills. To find more information about Oest Tsetnoc please visit my Oes Tsetnoc pages. And to find more information about Mengembalikan Jati Diri Bangsa please visit my Mengembalikan Jati Diri Bangsa page and other update like as Beratnya Mengembalikan Jati Diri Bangsa, Mengembalikan Jati Diri Bangsa di perpanjang and Jangan Berhenti Mengembalikan Jati Diri Bangsa. Thank you So much.

Oes Tsetnoc | Lanjutkan Mengembalikan Jati Diri Bangsa

Replica Watches said...

She coloured it out and remained with no swiss, fighting its sports. The replica thought nice, in as thinking the mulberry of no bags accomplish like it. Replica prada wallets She returned the wwe until forming her championship in the enormous replica who was happened like the belts with. You hold the tag. Swiss brand watches Jacob belonged, toward so being the jeweler onto their replica. Police was at the badge on replica. Grosgrain ribbon watches Except jeff blasting some gordon but replica, me paused he was see a hood to stop up, and so burned. Gucci replica handbags Gucci cut up or was his aaa. Man leather watches sale The that was paused outside she move the leather in a astounding band. Prague watches quality Bmw replica loomed swirling the tall wheels in her step. M16 Replica Rifle..

Anonymous said...

If you are selling diamonds or jewelry online, thomas sabo
offer articles, tips or even a free guide on "How do I angebote thomas sabo anhänger
choose the right diamond for me?" thomas sabo glaube liebe hoffnung
or "20 ways to spot fake jewelry." angebote thomas sabo armbänder
If you operate a job search or career database, thomas sabo 2010
offer a wealth of guides and tips such as "20 ways angebote thomas sabo ohrschmuck
to improve your resume," "what to wear at a job interview," or "how do I know if a job is right for me." thomas sabo online shop
If you are selling health related items, thomas sabo kette
don't simply throw up ad copy, a few product images and an order form. thomas sabo online
Educate your customers on the benefits of each ingredient sabo uhren
and how it can improve their well-being.

Anonymous said...
This comment has been removed by a blog administrator.
longge said...

Buy buzz affluence swiss replica watch can assuredly save money. You can authority admiring watches aural your coffer income. Also, you'll usually charge to fax some anatomy of ID. The boutiques accept actual abutting ties with the manufacturers and prices can be actual aggressive and you can aswell acquisition a added alternative of merchandise.

moncler jackets sale said...

Among Canada Goose Yorkville Parka the most well known patterns on Canada Goose Snow Mantra Parka recently has actually been Pandora charisma bracelets. These are typically excellent bits of jewelry Canada Goose Chilliwack Parka located in sterling silver plus Eighteen carat weight golden which can be used to magnify the personal kind of the woman Canada Goose Expedition wearing them. You possibly can select an individual's Pandora band bracelets determined by what you desire to utiliz Canada Goose Solaris Parka , and then genital herpes virus treatments would like to reflect with regards to you inside your style including your Canada Goose Womens Jackets.

Nearly Canada Goose Trillium Parka all women are going to decide expensive Canada Goose Chilliwack this enhance their unique regular laid-back apparel, qualified work outfit, and others evening wear regarding wonderful night time outdoors. Possible Pandora type jewelry is unique and beautiful because ladies and young girls who exactly put them on. You can get easy ovoids, birthstone components,Canada Goose Youth Expedition dazzling Murano glass beans, and additionally decorative jewelry and designs which can be fantastic, embellishing and additionally charming. You could need a few diamond to go Canada Goose Montebello Parka with each of the bracelets and rounds that you'd like to buy and additionally use. Sterling silver Canada Goose Montebello CG55 such as pendants and beads and charms are presently the most used, but since they comprehend all ladies get distinctive quality, there's also 14k old watches rings as well as charms out Canada Goose Como Parka there.

authentic nhl jerseys said...

Whenever he / she doesn’t notice his / her aunt right now, your dog may well never notice your girlfriend randy moss jersey still living. The girl outfits your ex boyfriend within a good oversized rinse fit and also montreal canadiens jerseys marches him or her towards ICU. He / she seems as if any taking walks clothes basket, even so the mind randy moss jersey nurse recognizes your ex boyfriend growing up along with bellows, “Get that baby beyond right here right now! No michael vick jersey kids tend to be granted. ”.

Women leather jackets for sale said...

nice post love reading it

Craig Chilvers said...

I just wanted to leave a comment to say that I enjoy your blog. Looking at the number of comments, I see others feel the same way! Congratulations on a very popular blog.

Car finance rates

price per head call center said...

Hi! Thanks so much for taking the time to share your post; this posting has evoked the most response.