The Housing saga is almost settling down with the board firing Rahul Yadav, the founder/CEO.
Competitor Commonfloor’s cofounder and CEO, Sumit Jain did a tweetstorm and shares a few interesting perspective.
In an UnPluggd fashion, here it is:
#1 People who partner with you (employees, founders, investors, customers) to help you execute your vision, be grateful to them.
— Sumit Jain (@sumjain) July 1, 2015
#2 Don't have any personal agenda. The only agenda should be to execute the vision. Ensure every body in the company has the same agenda.
— Sumit Jain (@sumjain) July 1, 2015
#3 Be the first to take the blame and last to take the credit. Lead from the top & execute on the ground.
— Sumit Jain (@sumjain) July 1, 2015
#4 Don't raise capital to raise again. Raise to build and not run. Take the company to a significantly higher level before you raise again.
— Sumit Jain (@sumjain) July 1, 2015
#5 Tell the bad news first. No one is perfect enough to not to make any mistakes. If you are not making mistakes, you are not trying hard.
— Sumit Jain (@sumjain) July 1, 2015
#6 Have a succession plan for yourself and the progression plan for the level below. Make yourself replaceable by empowering people.
— Sumit Jain (@sumjain) July 1, 2015
#7 Go tough with the problem. Be generally nice to the people around. It doesn't harm to appreciate if somebody is doing a good job.
— Sumit Jain (@sumjain) July 1, 2015
#8 Don't build castle in the air. Build a strong foundation, then the castle and the moat around.
— Sumit Jain (@sumjain) July 1, 2015
#9 If u aren't doing anything that can't be replicated, u are just going to be a catalyst. Change the behaviour; make sure you leverage it.
— Sumit Jain (@sumjain) July 1, 2015
#10 It's not a sprint, it's a marathon. Stamina is as important as speed, probably more. Be fast and be strong.
— Sumit Jain (@sumjain) July 1, 2015
#11 Be the last man standing. Be the guiding force. Be the custodian of the vision. Be the first one to come and the last one to go.
— Sumit Jain (@sumjain) July 1, 2015
#12 If you throw shit, people throw back more. If you throw flowers, people might not return the favour. I feel later is any day better.
— Sumit Jain (@sumjain) July 1, 2015
#13 Generating revenue is not bad. You don't make product to make money, you make money to make product.
— Sumit Jain (@sumjain) July 1, 2015
#14 As a leader, whatever you do, you inspire a lot of people. Be responsible in whatever you do. It's not just about you any more.
— Sumit Jain (@sumjain) July 1, 2015
Thanks Sumit for sharing these… sometimes you know it all, but still you need to hear it all over again.
Each word is worth for not only Housing.com but all Start up leaderships ! Thanks Sumit.
Absolutely true.