Sun Microsystems Co-Founder Scott McNealy talks to
Crain's Chicago Business about his Denver startup,
WayIn, among other things.
Excerpt:
[McNealy] on starting companies: Keep your friends close, your board closer. "Companies are built from the top down," he says. "Build your board carefully."
The difference between a chief operating officer and a successor: A COO is keeping the trains running on time, not auditioning for the big chair. "Someone like Radar O'Reilly from 'M*A*S*H' who can run the joint but doesn't want to run it."
Work-life balance for entrepreneurs? There's none. "The time to do a startup is when you have no kids, no obligations and no burn rate," says the 58-year-old, who got married when he was 39.
Read the rest
here.
Enjoy this story?
Sign up for free solutions-based reporting in your inbox each week.