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Fire Yourself. Rehire a New You

By: Dave Berkus


When a new CEO or manager is hired into a company, for a while lots of energy flows from the top and new ideas seem to be generated daily. It is one reason not to fear the unknown when upper level management long in place turns over, often leaving most everyone worried about the future of the company and for their own prospects.

Even the best of us fall into a routine in our jobs. It is human nature to do so, but it is not a sign of our best efforts. We recall the enthusiasm we had for the job earlier, how we couldn’t wait to get to work, or initiate a new plan, or share a new idea. We can be that person again. It just takes a bit of effort to change our mindset.
We may run out of fresh ideas after a time; most of us do. But there are sources of great ideas right next to us in our own company, or available to us from fellow CEOs, or from industry consultants with a broader view of the landscape, uninhibited by our need to meet daily obligations.
One of my most respected CEOs arrived at his monthly CEO roundtable meeting years ago and announced that he had just fired himself. He had reconfigured the company, delegating many of his previous responsibilities, and rehired himself in a new position more strategic to the company, retaining the CEO title. It was an attitude adjustment, self-initiated. He credits that effort as the start of his company’s real growth, resulting in a great public company, dominant in his field.
Another CEO described how he drove to work each Monday morning forcing himself to think of what he would do if he were a newly hired CEO, fresh on the job that day. He surprised himself with his many fresh ideas, just with that change of perspective.
However you do it, refresh yourself. Be that new CEO—but with all the knowledge and skills you already have as a head start.
This article was originally published by Berkonomics
Published: April 28, 2015

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Dave Berkus

Dave Berkus is a noted speaker, author and early stage private equity investor. He is acknowledged as one of the most active angel investors in the country, having made and actively participated in over 87 technology investments during the past decade. He currently manages two angel VC funds (Berkus Technology Ventures, LLC and Kodiak Ventures, L.P.) Dave is past Chairman of the Tech Coast Angels, one of the largest angel networks in the United States. Dave is author of “Basic Berkonomics,” “Berkonomics,” “Advanced Berkonomics,” “Extending the Runway,” and the Small Business Success Collection. Find out more at Berkus.com or contact Dave at dberkus@berkus.com

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