4 Matching Annotations
  1. Oct 2022
    1. It’s particularly important for leaders and managers to model the culture that the company tries to foster.

      Examples... setting your own focus time in your calendar, blocking off hours for deep work, having a "no meeting" day actually scheduled in your and your reports calendars.

  2. Jan 2022
    1. The Grind — Most investors at hedge funds work at a sociopathic pace, especially relative to the west-coast cultures of most VC firms. It is very hard to regularly compete against a team of people who work ~16 hours a day 6-7 days per week.
    1. A great board member, Dan, called me to say, “Ryan, I’ve never in my career seen a CEO as worn out as you. Please, you need to take a sabbatical — at least six weeks”. He, and other board members, tried so hard to do the right thing and convince me to take care of myself. But after a lifetime of gritting things out, I told myself I didn’t need to take a break. I think an element of my reaction is what Jerry Colonna calls “false grit” in Reboot.

      Uh-huh. And guess what it worked: you were successful.

    2. Why I chose to step down as CEO of CircleUpOver the past year, when I began telling team members, investors, LPs and other stakeholders about my transition, their first question was, inevitably, “Why?” I typically explained that the average founder/CEO of a startup is in the seat for less than five years; I had been with CircleUp for nine, and I was exhausted. But there was so much more to it than that.I don’t remember the first time I told our board that I was exhausted and needed to step down as CEO. I imagine it was around 2016 or 2017, a period defined by stressful business decisions and physical and mental health issues. I later realized that the board interpreted my complaints as “typical founder/CEO exhaustion”. I blame myself for that lack of clarity. For years I did a poor job of communicating the depth of my stress and exhaustion, a problem only compounded by the fact that, at times, I wasn’t even sure of my own feelings. There were stretches of time where I felt horrible — lonely; terrified; depressed. Depression exacerbates exhaustion. But I tried to put on a brave face to make sure the board felt comfortable.

      Massive "work life" imbalance. stress. suffering.