Facebook is in the process of introducing Facebook Credits, its entry into the burgeoning ecommerce/virtual currency area. Given that Facebook is the prime destination for people playing social games, this is hardly surprising. However, in so doing, is it in danger of driving away the sources of its fast-rising revenue? Is Facebook strangling the geese that lay its golden eggs?
Archive for June 2010
“Windows knocked him off the main stage for 10 years; then the Internet seemed to sideline him; not to mention that serious business people (along with many others) thought he was nutty; then he had problems with the SEC (and not insignificant ones); then he nearly died.”
No hyperbole, either. Getting up and coming back after all that to become possibly the most influential tech CEO on the planet, someone described as “the last mogul”? That is resiliency — which is the subject of the second article, from Mark Suster at Both Sides of the Table.
Without a doubt entrepreneurs need resiliency, for the exact reasons that Suster brings out in his article (every entrepreneur I know has stories like his). But this isn’t just for entrepreneurs, it’s something everyone needs.
None of us get through life without our share of setbacks. As Suster quotes Winston Churchill, “Success is the ability to go from one failure to another with no loss of enthusiasm.”
All of us need to get up and dust ourselves off now and again. The kinds of things Steve Jobs has been through puts the things I’ve had to endure in perspective. I guess if he can keep coming back, so can I — and so can you.
I’ve been a “boss” in one way or another for years, leading projects, teams and companies. I’ve done pretty well at it more often than not — but I’d be hard pressed to say whether I’m a “good boss” or not.
Nevertheless, I saw this article, 12 Things Good Bosses Believe, on the Harvard Business Review blog, and it really resonated with me. This is a great list of mostly self-reflective items for those who lead teams and companies that emphasize the kinds of issues bosses juggle. It offers some humbling, potentially skewering insights, and also gives a lot of food for thought.