REASON WHY WE WILL HAVE DIFFICULTY IN INVITING VERY GOOD PEOPLE TO SUPPORT STARTUPS or SMEs
A friend, after accumulating assets for many years, intending to work as an asset management investment fund, asked Mr. Hai if it is difficult to manage assets and invest?
Mr. Hai said: Technically, it is… not difficult.
– Financial Modeling
– Issuing shares and operating the board of directors.
– Budget planning and operation.
– Measure the impact score for each position to pay the right salary with capacity and size.
– Build a dictionary of competencies.
– Develop measurement of CV performance for each position. …
Hard is also hard.
Complicated is also complicated.
But we will learn.
But the hardest thing is to understand your position … to properly represent your role.
One of the biggest conflicts about people is that positions in a large company environment perform well within a single functional department and are in a look-down position with founders.
But they forget that founders are also a king in their own environment, they also have achievements in the role of a leader or general manager of 7, 8 departments at the same time.
So, when you compare your ability to be good at one aspect compared to the inclusivity of a founder, how can they be as good as you.
One forge the sword vertically, and the other one forged the sword horizontally. But we look down again – looking down at the founders with an eye for giving, giving, showing their position and lack of tact with the mindset and mindset of a king in their environment.
But Mr. Hai also shared that his experience is:
Fact:
– Going back to Master’s school is not necessarily successful
– Going back to Master’s school is not sure to talk to founders with potential biz worth investing
– East-west experience without knowing how to apply flexibly, it is easy to fail for each company with different conditions and circumstances
– Working and having experience in a large company is not necessarily suitable for the size of the company being invested
– The founder is not necessarily a better expert than each senior manager
– The functional strategy is still 1 level below the corporate level strategy because it cannot make the best final decision for the business without information from the different departments . other ability.
And there’s really no need to prove that we’re better than anyone else if we have the same goal… #common/clear enough/achievable.
It makes no sense to prove who is better and whose status/income is better, why should we prove we are better than someone when we both have our own experiences that only correspond to the point of view, The world, experience and factors to make decisions are only suitable for different times, contexts, financial conditions, people and circumstances at each time.
Suppose, if we changed our choices about how we experience, would our perspective change? 100% yes.
When we understand ourselves, understand ourselves and our limits, it is easier for us to interact, cooperate and do greater things.
Investment and wealth management need standard methodology, lots of scientific tools, but if the human pieces themselves have not come to the point of understanding their own limits, partnerships will die, because instead of aiming for a common goal, they aim to compare their own values who is more important, whose income is higher, whose position and status is higher!
The science of management will always evolve with the market, but human psychology has not changed much over the past thousand years.
Therefore, technical asset management accounts for only 40%, 60% is your own limited knowledge to show your influential role with the supported company.
What is important is how we communicate and deal with human-to-human relationships, which is… the challenge.