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"If you have thoughtful investors in your company, hopefully they’ll provide useful feedback about how to deal with a difficult situation. And it’s okay if you
by fidotron 12y ago
"If you have thoughtful investors in your company, hopefully they’ll provide useful feedback about how to deal with a difficult situation. And it’s okay if you as the CEO don’t have all the answers when confronting a challenge. But you have to be prepared to map out the options of how to move the company forward, and it behooves you to have a strong recommendation and rationale for your plan."
This doesn't just apply to startupland. In almost any management situation if you're having to point out a problem it will always go better if you have at least one solution ready. This is quite literally how you turn crisis into opportunity.