Business

Hire people who are better than you in every position

(Extracted from a smart bear by Jason Cohen) Introspective young founders appreciate this, and often the stated solution is “delegation,” as defined by: I’ll do it myself, then I’ll understand it,...

September 8, 2019| People Read More

Delegate your strengths as the company scales

(Extracted from Scaling Up by Verne Harnish) To get to 10 employees, founders must delegate activities in which they are weak. To get to 50 employees, they have to delegate functions in which they are strong! In...

September 8, 2019| People Read More

Hire people to complement your weaknesses and to surpass your strengths

(Extracted from Startup CEO by Matt Blumberg) If you hire people who complement your strengths, you’ll never grow. Do the opposite: shore up your weaknesses with people who excel where your talents are lacking....

September 8, 2019| People Read More

Reversible or Irreversible Decisions

(Extracted from Jeff Bezos 1997 Letter to Amazon shareholders) Some decisions are consequential and irreversible or nearly irreversible – one-way doors – and these decisions must be made methodically,...

September 8, 2019| Execution Read More

Group size matters

(Extracted from Principles by Ray Dalio) 1+1=3. Two people who collaborate well will be about three times as effective as the two of them operating independently because they will see what the other might miss,...

September 8, 2019| Execution Read More

Bezos’s Two Pizza Rule

(Extracted from an article by Janet Choi published on Buffer) According to Bezos, the ideal is the “two pizza team:” if a team couldn’t be fed with two pizzas, it was too big. Social...

September 8, 2019| Execution Read More

A Poem About Responsibility

(Extracted from Scaling Up by Verne Harnish) This is a little story about four people named Everybody, Somebody, Anybody, and Nobody. There was an important job to be done and Everybody was sure that Somebody would...

September 8, 2019| Execution Read More

Business plan is overated

(Extracted from The Millionaire Fastlane by M.J. DeMarco) Your business plan is useless. The market (the world) will steer your business in unimaginable places that will violate everything about your business plan....

September 8, 2019| Execution Read More

$15 for a great idea. $1m for great execution

(Extract from Anything You Want by Derek Sivers) AWFUL IDEA = -1 WEAK IDEA = 1 SO-SO IDEA = 5 GOOD IDEA = 10 GREAT IDEA = 15 BRILLIANT IDEA = 20 NO EXECUTION = $1 WEAK EXECUTION =...

September 8, 2019| Execution Read More

Business

I started a business and had to learn along the way. As a CEO or Founder, you have a lot on your shoulders and a breadth of things to manage. Ultimately, there are minimally three things you must do very well. I got...

September 8, 2019| Business Read More

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