Submitted by: Submitted by adskfjldsfkd
Views: 361
Words: 419
Pages: 2
Category: Other Topics
Date Submitted: 09/22/2010 05:56 AM
At Age
trategic consulting for big company like Southwest airlines Figuring out the next big idea around the green technology area.
How to make Chicago sustainable by 2025
Him and his partner / activetrans (to make city more friendly)
go name brand then go smaller company than big
hybrid approach to convince ppl
gain peer level so then ceo - get strongest
understand their position and convince them
manager surround themseleves wih ppl like like them - u need devil advocate,
but if those ppl resist then u need to get rid of them.
Start july 2nd 1998 oct 17th incorporate
Left opentable.com in 2003
Ipo – cheerleader
Guy Thomas ceo after, sat on board for a while and stop, 3rd from the top employee at citysearch (IAC)
Turned a few companies around
Jeff Jordan current ceo (close knit) know thru opentable board
Thomas didn’t want opentable to public
Networking in bay area
Provide restaurant reservation system replace paper-based system so they can understand their customers better, especially VIPs, no advertising, sell through word of mouth model
Look at people profile
Try not to hire your friend
Had to fire friend, but usually based on performance – one of the board member.
Be specific when you have to fire someone
When you make mistake, admit it, move on, learn from it, and figure out the way to not do it again
Be open, how much money we have, how much revenue. Make rumor unnecessary.
A week almost missing payroll of 62 people.
David winsteine, Chicago entrepreneur center
Investor needed more prove, then he saw how customers so excited about opentable.com product
In raising capital, never be the one asking for check – meet lots of perspectives and have them making you offer.
Action oriented, always keep people update start communicate with people in a consistent manner and find cheerleader to help you bridge gap in your network
SerieC Investment too small (10.5mil) for him so he introduced Adam Dell (bro of Michael Dell),...