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Subject:	Entrepreneurship
Topic:	Teamwork
Views:	21,192

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Stanford University

Name:	Stanford University (Stanford)
Type:	University

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"Choosing Your Partners", Lecture by Janice Fraser / Adaptive Path (2006)

Video Lectures

Displaying all 7 video lectures.

Lecture 1 Play Video	Choosing Your Partners Janice Fraser, CEO and a founding partner of Adaptive Path, believes one should choose partners based on who you want to go to when the going gets rough. She talks about the importance of a solid partnership. Transcript The first thing I want to share with you, the first real lesson that I can share with you from my career is that you have to choose your partners based on who you want to go through the rough times with. I tell you every single entrepreneurial venture, whether it's very successful or a dismal failure, will go through rough times. You're going to have to make really difficult decisions. Everyday you're going to have to wake up and decide what to spend money on. Or more importantly what not to spend money on. You're going to have to decide which of the 10 ideas you have is the one that you're going to do. And you're going to argue about that. At least if it's good, if there's potential, you're going to have a really hardcore meaningful arguments everyday. So the most important foundation piece for any business that you want to start is having a solid partnership.
Lecture 2 Play Video	Coping with Failures Fraser believes being an entrepreneur is not a job but a mission. On this journey towards achieveing this mission, you are going to be faced with failures and successes, she says. It is the failures that inform the successes, she adds.
Lecture 3 Play Video	Protecting the Culture Fraser calls culture the software of her company. She believes it is very important to protect and care for the culture of a company when it is evolving past its nascent stage.
Lecture 4 Play Video	Creating Meaning for Employees Fraser believes that besides creating meaning for the world, an entrepreneurial venture should be able to create meaning for the people who comprise it as well. In this regard, people are able to passionately and zealously work toward making the company and product successful.
Lecture 5 Play Video	Decision-making The efficiency of decision-making is very important to the management of any company. Fraser calls it a kind of 3-legged stool of responsibility, accountability and authority.
Lecture 6 Play Video	Alignment and People Fraser believes alignment is the underlying principle to everthing we do. The work has to be fulfilling for the people who work in entreprenuerial ventures, she says. It is important to create an environment where people can excel.
Lecture 7 Play Video	Managing a Technology-Driven Company Fraser discusses her experience as a non-technical person heading a technology driven company. She strongly believes that every manager should be able to lead people who are unlike them to have a successful company.