Know your core competencies and focus on being great at them. Pay up for people in your core competencies. Get the best. Outside the core competencies, hire people that fit your culture but are cheap.
Mark CubanEveryone has ideas. The first step is to learn more about your industry than anyone in the world. Otherwise there is a good chance that the lady that knows it better than you is going to kick your ass. Then you just have to go for it. No excuses. Just work your ass off.
Mark CubanOpen offices keep everyone in tune with what is going on and keep the energy up. If an employee is about privacy, show him or her how to use the lock on the bathroom.
Mark CubanMake sure you are the boss. I don't think I would encourage executives that work for me to blog. There can be only 1 public vision for an organization.
Mark Cuban