What’s the best way to train your employees?

Ben Horowitz (Co-Founder & Partner @ Andreessen Horowitz)
Why Startups Should Train Their People – Ben’s Blog

Training is, quite simply, one of the highest-leverage activities a manger can perform. If your training efforts result in a 1 percent improvement in you subordinates’ performance, you company will gain the equivalent of two hundred hours of work as the result of the expenditure of your twelve hours.

What’s the best way to train your employees?

Ben Horowitz (Co-Founder & Partner @ Andreessen Horowitz)
Four reasons why you should train your team | A Founder’s Notebook

There are four reasons you should train your people: 1. Productivity. Andy Grove demonstrates that training is one of the highest leverage activities a manager can perform. Consider putting on four lectures for 10 people, which take a total of 12 hours work. Next year those 10 people will work a total of 20,000 hours. If your training results in a 1% improvement, you will gain the equivalent of 200 hours of work. 2. Performance management. If you… (read more)

What’s the best way to train your employees?

Ben Horowitz (Co-Founder & Partner @ Andreessen Horowitz)
How to implement a functional training program | A Founder’s Notebook

The training courses should be tailored to the specific job. If you attempt the more complex-style course, be sure to enlist the best experts on your team as well as the manager. As a happy side effect, this type of effort will do more to build a powerful, positive company culture than a hundred culture-building strategic off-site meetings. No startup has time to do optional things. Therefore, training must be mandatory.

What’s the best way to set goals?

Ben Horowitz (Co-Founder & Partner @ Andreessen Horowitz)
How Andreessen Horowitz Evaluates CEOs – Ben’s Blog

Goals and objectives are not the story. The story of the company goes beyond quarterly or annual goals and gets to the hardcore question of why? Why should I join this company? Why should I be excited to work here? Why should I buy your product? Why should I invest in the company? Why is the world better off as a result of this company’s existence?

What’s the best way to sell your company?

Ben Horowitz (Co-Founder & Partner @ Andreessen Horowitz)
When to sell your company — Ben Horowitz | A Founder’s Notebook

When analyzing whether you should sell your company, a good basis rule of thumb is if (a) you are very early on in a very large market, and (b) you have a good chance of being number one in that market, then you should remain stand-alone.

What’s the best way to sell your company?

Ben Horowitz (Co-Founder & Partner @ Andreessen Horowitz)
When to sell your company — Ben Horowitz | A Founder’s Notebook

The judgment that you have to make is (a) is this market really much bigger (more than an order of magnitude) than has been exploited to date? and (b) are we going to be number one? If the answer to either (a) or (b) is no, then you should consider selling. If the answer to both are yes, then selling would mean selling yourself and your employees short.

What’s the best way to scale your organization?

Ben Horowitz (Co-Founder & Partner @ Andreessen Horowitz)
CEOs Should Tell It Like It Is – Ben’s Blog

There are three key reasons why being transparent about your company’s problems makes sense: 1. Trust – Without trust, communication breaks. 2. The more brains working on the hard problems, the better. 3. A healthy company culture encourages people to share bad news. A company that discusses its problems freely and openly can quickly solve them. A company that covers up its problems frustrates everyone involved.