Ivan Koon, CEO of YouSendIt, an Inc. 50 firm - On Struggle for Successful Entrepreneurship

Mr. Ivan Koon, CEO of YouSendIt, talks with Nick Vaidya, Editor of The CEO Entrepreneur Magazine, suggesting the hiring of a strong management team to become a successful entrepreneur...

Ivan lists the lack of hiring a strong management team as a pitfall. Most entrepreneurs are good at the discipline in which they “grew up” e.g. engineering, sales, operations, and more often than not end up focusing on day-to-day transactions instead of focusing on market share. Hiring a strong management team is therefore mandatory for the company’s growth.