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Book Summary
In the Hard Thing About Hard Things: Building a Business When There Are No Easy Answers, entrepreneur Ben Horowitz gives both experienced and up-and-coming business owners advice about how to create and run a startup, as well as how to deal with the loneliness, stress, and difficulties that come with it.
Using his own experiences (and a few rap lyrics), he gives readers a real, honest look at what goes on behind the curtain. From advice about how to be the best CEO to your employees to the tough things like poaching competitors and firing your friends, nothing is off-limits.
Horowitz helps the reader to find the right CEO mind frame to effectively run a business. He uses the things he himself learned as a CEO (who then sold his company for $1.6 billion) to teach others how to know when and how to make the tough decisions, and how to feel okay with yourself for doing it.
While every CEO and company founder is full of dreams of a perfect future in which their business flourishes, this dream is not a reality. Nothing ever entirely goes according to plan, and crises will arise. Some crises may be “macro” problems, like financial collapse and loss of investors, and some may be “micro” problems like hiring the wrong person, but the crises will always occur.
“The Struggle,” as Horowitz calls it, happens when the CEO’s dreams butt up against the problems of reality. The Struggle is stressful; it is like a heavyweight that can never be shaken throughout the CEO’s entire life. It will affect relationships, will affect mental health, and can even affect his or her physical health.
It is something that is incredibly tough to live with, but it is The Struggle that pushes one to go from just a good CEO to something much greater. The CEO who struggles is the CEO who will get the company through both hard times and good times. He or she will be the CEO who gets the credit for the success it sees or the blame for the bad.
The Struggle is a powerful thing.
Despite it being the key to greatness, The Struggle can be a callous thing to live with. There are, however, ways to deal with it.
The first thing the author suggests is that even though, as CEO, you will carry most of the burden for the company, you shouldn’t take it all on your own. Find others who can help you to deal with crises, just like the author did during the dot-com crash. As CEO of his software company, Opsware, he gathered all of his employees and told them that they either had to break down and rebuild their product from the ground up, or they would have to go out of business.
He told them that they could either stay and help and keep the company alive, or if they didn’t think they could do it, they should quit right then and there. This ensured that the people...
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