As I mentioned in last week’s post, I’m rebooting my work self this year, and this quarter in particular. One of the things I am doing is getting back to basics on a few fronts. Over the holiday break, as I was contemplating a reboot, I emailed a handful of people with whom I’ve worked closely over the years, but for the most part people with whom I no longer work day in day out, to ask them a few questions. The questions were fairly backward looking: 1. When I was at my best, what were my personal habits or routines that stand out in your mind? 2. When I was at my best, what were my work behaviors or routines…
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You, Too, Can Take Six Weeks Off
You, Too, Can Take Six Weeks Off Note: I have been really quite on OnlyOnce for a few months, I realize. It’s been a busy stretch at work and at home. I keep a steady backlog of blog topics to write about, and finally today I’ve grabbed a couple minutes on a flight to knock one out. We’ll see if this starts me back on a more steady diet of blogging – I miss it! I’ve written in the past about our sabbatical policy at Return Path, from what it is (here) to how much I enjoyed my own (here), to how great it is when my direct reports have been on Sabbatical so I can walk a few miles…
A Path Forward in California!
A Path Forward in California! Back in March I was proud to announce the launch of Path Forward, a nonprofit on a mission to get people back to work after they’ve taken time off to care for a loved one. I’m even more thrilled today to announce the launch of a Path Forward program in California with six top tech companies — Go Daddy, Demandbase, CloudFlare, Coursera, Instacart and Zendesk. They are all accepting applications now for October start dates. Click on the links above to see all their opportunities. As a CEO I know how hard it is to find great talent. The Center for Talent Innovation estimates that nearly 30% of college-educated women have taken away from their…
Ideas Matter Less Than Execution Which Matters Less Than Timing Which Matters Less Than Luck
Well, that’s a mouthful. Let me break it down. Ideas Matter Less Than Execution Execution Matters Less Than Timing Timing Matters Less Than Luck There’s a persistent myth about entrepreneurs as heroes – the people with the brilliant ideas and Eureka moments that bring companies to life and create success. I’ve never believed in that myth, or at least not in its universality, as I’ve always valued both ideation and execution in terms of business building. But as I was thinking about that construct more the other day, it occurred to me that there’s actually a hierarchy of the two, and not just of the two, but of timing and luck as well. The best businesses — the runaway successes…
The Illusion and (Mis)uses of Certainty
September’s Harvard Business Review had a really thought-provoking article for me called How Certainty Transforms Persuasion. Seth Godin wrote a blog post around the same time called The Illusion of Control. The two together make for an interesting think about using information to shape behavior as leaders. I’ve often been accused of delivering too many mixed messages to the company at all-hands meetings, so I enjoyed the think, though not in the way I expected to. Let’s start with Seth’s thesis, which is easier to get through. Essentially he says that nothing is certain, at best we can influence events, we’re never actually in control of situations…but that we think we are: When the illusion of control collides with the reality of…
Sweet Sixteen (Sixteen Candles?)
Today marks Return Path’s 16th anniversary. I am incredibly proud of so many things we have accomplished here and am brimming with optimism about the road ahead. While we are still a bit of an awkward teenager as a company continuing to scale, 16 is much less of an awkward teen year than 13, both metaphorically and actually. Hey – we are going to head off for college in two short years! In honor of 16 Candles, one of my favorite movies that came out when I was a teenager, I thought I’d mark this occasion by drawing the more obvious comparisons between us and some of the main characters from the movie. My apologies to those who may have missed this…
The Phoenix Project
The Phoenix Project: a novel about IT, DevOps, and Helping Your Business Win, by Gene Kim, Kevin Behr, and George Spafford is a logical intellectual successor and regularly quotes Eli Goldratt’s seminal work The Goal and its good but less known sequel It’s Not Luck. The more business books I read, the more I appreciate the novel or fable format. Most business books are a bit boring and way too long to make a single point. The Phoenix Project is a novel, though unlike Goldratt’s books (and even Lencioni’s), it takes it easy on the cheesy and personal side stories. It just uses storytelling techniques to make its points and give color and examples for more memorable learning. If your…
The Difference Between Culture and Values
The Difference Between Culture and Values This topic has been bugging me for a while, so I am going to use the writing of this post as a means of working through it. We have a great set of core values here at Return Path. And we also have a great corporate culture, as evidenced by our winning multiple employer of choice awards, including being Fortune Magazine’s #2 best medium-sized workplace in America. But the two things are different, and they’re often confused. I hear statements all the time, both here and at other companies, like “you can’t do that — it’s not part of our culture,” “I like working there, because the culture is so great,” and “I hope…
Book Short: Blink Part II
Book Short: Blink Part II Years ago I wrote a post about Malcolm Gladwell’s excellent book, Blink (post, buy). While my post has lots of specifics in it for entrepreneurs, for VCs, and for marketers, my quick summary was this: Where The Tipping Point theorizes about how humans relate to each other and how fads start and flourish in our society, Blink theorizes about how humans make decisions and about the interplay between the subconscious, learned expertise, and real-time inputs. But Gladwell does more than theorize — he has plenty of real world examples which seem quite plausible, and he peppers the book with evidence from some (though hardly a complete coverage of relevant) scientific and quasi-scientific studies. I recently…
Corporate Sniglets
Corporate Sniglets This might be showing my age, but those who may have watched Not Necessarily the News in the 80s might remember the Sniglets segment that Rich Hall pioneered which spawned a series of short, fun books. Sniglets are words which are not in the dictionary, but which should be. I can remember a couple of examples from years ago that make the point — aquadexterity is the ability to operate bathtub dials with one’s feet; cheedle is the orange residue left on one’s fingers after eating a bag of Cheetos. As is the case with many companies, we have made up some of our own words over the years at Return Path – think of them as Corporate…
Option Grants over Time
Option Grants Over Time Several people have asked me over the years how we think about subsequent option grants (e.g., not the employee’s initial grant when hired), so I thought I would just share my standard answer here. We give the following kinds of grants other than new employee grants: promotion grants – employees get the incremental grant between their existing grant and what someone being hired into the new position would get performance grants – once a year we give the top 10-15% of performers a grant that is equal to approximately 25% of their initial grant (so if they are a consistent superstar, they get twice as many options over the four years) refresh grants – we only…