People People are the most important assets in the company. It’s cliche but doesn’t make it untrue. As the African proverb goes, “If you want to go quickly, go alone. If you want to go far, go together.” A business needs the best people to outcompete and grow.

Minimise class divide

(Extracted from Bloomberg on Bloomberg) We have no reserved parking spaces for senior executives. If you want to leave your car right by the door, just come in earlier. Creating class distinctions isn’t...

People Read More

Promotee should expect to deliver more

(Extracted from Bloomberg on Bloomberg) We handle perks differently, too. At Bloomberg, as you get promoted and your compensation increases, you aren’t expected to work less and take more vacations. Quite the...

People Read More

Leadership is about genuinely having people’s interest at heart

(Extracted from Lee Kuan Yew: The Grand Master’s Insights on China, the United States, and the World) When campaigning, no one has to listen to you at all. And when the campaign is over, people have to believe...

Life, People Read More

Attract talents based on mission and the team to work with, not perks

(Extracted from Zero to One by Peter Thiel) Talented people don’t need to work for you; they have plenty of options. You should ask yourself a more pointed version of the question: Why would someone join your...

People Read More

Hire people who like each other

(Extracted from Zero to One by Peter Thiel) They spent all day together, but few of them seemed to have much to say to each other outside the office. Why work with a group of people who don’t even like each...

People Read More

Allocating equity is tricky

(Extracted from Zero to One by Peter Thiel) for equity to create commitment rather than conflict, you must allocate it very carefully. Giving everyone equal shares is usually a mistake: every individual has...

People Read More

CEO of a startup should not receive more than $150,000 per year

(Extracted from Zero to One by Peter Thiel) For people to be fully committed, they should be properly compensated. Whenever an entrepreneur asks me to invest in his company, I ask him how much he intends to pay...

People Read More

Have a small board. 3 is good.

(Extracted from Zero to One by Peter Thiel) Unlike corporate giants, early-stage startups are small enough that founders usually have both ownership and possession. Most conflicts in a startup erupt between...

Business, People Read More

Overconfident people are more dangerous than incompetent people

(Excerpt from Barking Up the Wrong Tree by Eric Barker) Incompetence is a problem that inexperienced people have, and all things being equal, we don’t entrust inexperienced people with all that much power or...

Inversion, Overconfidence Bias, People Read More

Introverted or Extroverted Leader

(Extracted from Barking Up the Wrong Tree by Eric Barker) Whether an introvert or an extrovert is the better leader depends on whom they are leading. When employees are passive, the social, energetic extroverts...

People Read More