Admitting Your Weaknesses and Hiring to Support Them

April 3rd, 2014 / No Comments »

By Steven Sinofsky, Andreessen Horowitz, Board Partner | Box, Advisor | Harvard Business School, EIR

One of the most difficult tasks for any leader is hiring someone for a job you can’t actually do yourself. Whether you’re a founder of a new company or growing your team, at some point the skills needed for your expanding organization exceed your own experience.

Admitting that you don’t really have the skills the business requires is the first and most difficult step.

Fight the fear, let go of control, and make moves towards a well-rounded company.

I have seen the benefits of this honesty first-hand many times. It happened most recently when I was working with the a16z portfolio company Local Motion and it came time for the cofounders to do some early announcements around their fleet-management company.

The cofounders possess engineering and design backgrounds from elite institutions, and they built their product–hardware and software–themselves. Both are also experienced mountaineers, and so they have this engrained sense of self-sufficiency, which is valuable both for building companies and scaling mountains…….