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  • Is Too Much Success Bad For You?

    As you become more successful, your company becomes bigger than you.

    John Vechey, co-founder of Seattle-based games maker PopCap Games, just sold his company to Electronic Arts for just under a billion dollars, so you might think he doesn’t have to fret about success any longer. But according to Vechey, it’s not success that CEOs need to be concerned about, but how they will deal with that success once it comes their way. Vechey, always humble, shared with our Inc. 500|5000 conference audience the seven ramifications of success that he’s struggled with over the years:

    1 . “You won’t be the smartest person in the room.” When your company grows, it will ultimately outgrow you and you’ll need to hire people who can take it to the next level. Vechey hired a CEO–Dave Roberts–several years ago but, he cautions, “if you do a great job hiring, you will also have to do a great job of listening” to the people who are smarter than you.

    2. “It won’t be your company anymore.” As you become more successful, your company becomes bigger than you.  That means you’ll ultimately lose control. “An example is that Dave Roberts hired a vice president that I didn’t necessarily see eye to eye with and I had troubles with that,” says Vechey. The CEO of a smaller company might have shown the VP the door, but Vechey knew that wasn’t in the company’s best interests.

    3. “Only you can control self indulgence.” The more successful you become, “people won’t necessarily call you out on your shit,” says Vechey. “So I hired a professional coach because then your hiring someone to tell you you’re an idiot.” The lesson: the more successful you are, the more you need to step back and examine how you’re behaving.

    Read the Full Article on Inc.com

    Good luck.

    Calvin Wilson
    Founder and CEO
    Upstart: Business and Management for 20-40 Year Old Professionals
    calvin.wilson1@verizon.net
    http://twitter.com/Upstart__Nation

    Filed Under: Gamechangers

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