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What Happens When Leaders Forget The Culture That Made Their Company Great?

YoungUpstarts

Many business leaders view their corporate culture as so important that they make it a point to hire people who are a good fit for that culture – and jettison any employees who aren’t. Make sure employees know they are respected and valued. Employees should also know it’s all right to speak up if they see something problematic.

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The Entrepreneur’s Essentials #11: New Year’s advice for middle-aged people

Austin Startup

I truly hope it helps you achieve your dreams in 2019 and beyond. Not surprisingly, I suggest you start by reading Man’s Search for Meaning to get centered and find your inner passion (author’s update note: reading this incredible book in 2019 would be a great way to start the New Year).

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The Uber IPO – Imaginary Profits Only

Start Up Blog

To be clear, the founders, early investors and many employees ended the day very rich indeed. Amazon IPO 1997 – 2 years after it was founded. Uber IPO 2019 – 10 years after it was founded. This means Uber is a more valuable company than Ford and GM combined. Google IPO 2004 – 5 years after it was founded.

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Customers Love Free Stuff … But That’s Not Your Problem

abovethecrowd.com

Warren Buffet, 1997. This “gain” ($34B last year alone) is a result of a direct wealth-transfer to these individuals FROM the previous owners of the company — founders, executives, employees, and venture investors. This data set looks at 8,610 IPOS over 39 years from 1980-2019. Marketing 101: Customers love free stuff.

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