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5 Lessons the Military Can Teach You About Running a Business

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Page 1: 5 Lessons the Military Can Teach You About Running a Business

venturebeat.com

5 lessons the military can teach youabout running a businessJohn Koetsier

Mike Coney has served as president and CEO of Unitrends since 2009.

In 1974, I commenced a six-year career with the U.S. ArmySecurity Agency. Along the way, I learned a thing or two aboutperseverance, discipline, teamwork and vigilance. When I enteredthe business world in 1980, I quickly found that this knowledgecould be applied to achieve personal and corporate success.More than 35 years later, I still draw upon five important lessonsthe military taught me – lessons that I believe executives atstartups and SMEs can also employ to achieve success.

1) A small team of motivated individuals can beat amuch larger, well-provisioned adversary.

Throughout my tenure with the Army, every single person Iserved with was cross-trained in more than one area of expertise.For example, a radio operator was also a practiced medic, alinguist was also a proficient sharpshooter, and so on. Thismethod ensured that all bases were covered and all duties werefulfilled in the event a unit’s designated expert was unavailable. Iquickly learned that having a small team of highly motivated,skilled individuals can overcome a much larger, well-provisionedadversary.

When I joined Unitrends as chief executive officer in 2009, thecompany was grossly underinvested and understaffed. Tocompensate, I made sure the leadership team, which consisted ofthree people, including myself, was cross-trained on severaldifferent areas of the business. I was a vice president of sales byday and CEO by night, while simultaneously managing humanresources and our channel program. Our chief technology andstrategy officer was also running product management,engineering, marketing and customer support. Our chief financialofficer handled all things finance – from strategic planning and

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analysis to more mundane tasks, like billing and records keeping.And we were all knowledgeable about each other’sresponsibilities to ensure we had all areas of the businesscovered at all times.

Being understaffed is not an unusual problem for a startup orSME – in fact, it’s to be expected. But, remember, quality beatsquantity every time. Surround yourself with a team of superioroperators, and the rest will take care of itself.

2) Value resourcefulness over resources.

I served in the Army during the post-Vietnam era – a time whenwe had half of the resources we really needed to execute.Nonetheless, at the end of the day, we still found a way to get thejob done because there was no room for failure. We did sothrough creativity and innovation and found that our guerillatactics often outsmarted even the most well-provisionedopponents.

The same holds true for the business world. Companies thatemploy inventive individuals that, despite limited resources, stillfind a way to reach their goals and advance the business will bemost successful. No matter what your financial situation, create aculture that values resourcefulness over resources. A good idea isbetter than a bag full of cash any day.

3) There’s no “I” in team.

One of the first things you learn when joining the military is thatit’s not about any one individual, but about your unit as a whole.Units are comprised of experts in a variety of fields to ensure thestrongest team possible. In battle, you are only as good as yourweakest link.

In much the same way, a diversified leadership team that worksin unison is crucial to business success. If everyone has the sameskill set, your business will be riddled with blind spots. Know yourown strengths and weaknesses, and put people around you thatcomplement them. Being a strong leader doesn’t mean doingeverything yourself. It means building an adept team and theninspiring them to succeed. In the words of Ronald Reagan: “Thegreatest leader is not necessarily the one who does the greatest

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things. He is the one that gets the people to do the greatestthings.”

4) After your ‘dream team’ is assembled, get out oftheir way.

In the military you do what you are told, and you do not disobeyorders. There’s no variability. However, I’ve learned that theopposite philosophy is most effective in the business world. AtUnitrends, I encourage my leadership team – and all employees –to take initiative and challenge one another. I’ve found that thebest way to empower your “dream team” is to get out of theirway and trust them to do their jobs. The worst thing you can do ismake someone feel insecure about their performance, becausethen their focus will shift from worrying about the business toworrying about their own job security. With this variability willsurely come mistakes. But, my philosophy is, if your employeesaren’t making mistakes, they probably aren’t trying hard enough.

5) Listen to everyone, but trust your own judgmentabove all.

Whether through personal experience, on TV or in a movie, mostof us have seen a military briefing in action. Leaders gather todiscuss mission parameters, variables, strategies and tactics. Andwhile everyone weighs in with their opinion, ultimately, thehighest ranking leader makes the decision.

In business, one bad decision may not mean “life or death” as inthe military, but it can have a detrimental impact on the fate ofyour company. Every leadership situation you encounter andevery decision you make is different. There is no easy or singleformula for success. The best leaders are those who listen toeveryone, are receptive to advice and seek to learn from others –yet have an unwavering trust and confidence in themselves toalways make the best decision possible. At the end of the day,you are accountable for your business, and, as such, trusting yourown judgment is paramount.

Military photo via Shutterstock

Mike Coney has served as president and CEO of Unitrends since 2009.In this role, Coney has led Unitrends to achieve explosive growth, with

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2012 marking the most profitable year in the company’s 24-yearhistory. Prior to Unitrends, Coney was president and GM of AcronisSoftware, where he led the corporate strategy for North and SouthAmerica. Before that, he joined Veritas as SVP of the Americas andstayed with the company until its merger with Symantec. Coney alsoserved as EVP of worldwide operations for Ingres SoftwareCorporation and held senior management roles at Sun Microsystemsand Monster.com.