The difference between Managing and Leading (article from Fast Money)
My comment: I am regularly approached by talented individuals with great technical skills and an abundance of experience in large companies who want to start their own company. Aside from the standard advise about validation of idea, financial resources etc., I try to get these aspiring entrepreneurs to understand that the skill sets they worked so hard at acquiring in their big company lives may not translate well into the start up/small company world. In particular, an appreciation as to what it means to be a leader as distinct from being a manager needs to be really understood.
This article, I think, makes the above points well. It is written by someone who has experienced first hand how significant these differences are.
About the author – Robin Beukers MBA CPA CMA CIA
I act as interim c.f.o., controller or special projects lead (for example, development and review of financial statements and internal controls, financial modeling, acquisition/funding risk assessment). Clients range from Fortune 100 level to startups
I also run a mentor program for the Seattle chapter of the global non profit TiE.