Top Eleven Geek Business Myths

Ron Garret, a venture capitalist, lists 11 myths on how smartest and brightest people make mistakes when they try to convert their ideas into money. This post reminds me of couple of important point when creating a venture. The myth that he mentions are:

• A brilliant idea will make you rich.
• If you build it they will come.
• Someone will steal your idea if you don’t protect it.
• What you think matters.
• Financial models are

October 2 2006 | By Leon | Tagged: business, entrepreneurship, geek | 3 comments»

How NOT to lead geeks

Alexander Kjerulf in this article identifies 10 mistakes that managers make when leading geeks. Things like recognitions, training, communication, decision-making are considered in his list of mistakes:

• Downplay training
• Give no recognition
• Plan too much overtime
• Use management-speak
• Try to be smarter than the geeks
• Act inconsistent
• Ignore the geeks
• Make decisions without consulting them
• Don’t give them tools
• Forget that geeks are creative workers

However I would say those may be the mistake for managing any professionals, not just IT… » Continue

May 25 2006 | By Leon | Tagged: geek, Management | 4 comments»