Don’t waste time doing things that don’t make sense for you; refactor your life to align with what truly matters, as life can be short and unpredictable.
Strive to enjoy the passage of time by avoiding unwanted activities, minimizing time spent on necessary but disliked tasks, and focusing on living in the present moment.
Define and cultivate a strong company culture, as it dictates how employees make decisions autonomously and is crucial for scaling the organization effectively.
Systematically manage company culture by conducting quarterly employee Net Promoter Score surveys, documenting a ‘culture code,’ publicly sharing feedback, addressing issues, and regularly refactoring the culture code, treating it as a vital product.
Avoid seeking consensus in important decisions, especially as a company scales, as it can be the ’enemy of greatness’; instead, aim for clear decisions where some ‘win’ and some ’lose’ to drive forward momentum.
Hire people to compensate for your weaknesses instead of trying to become an expert in areas where you lack natural ability. This allows you to focus on your strengths.
Focus on improving your strengths (features) rather than trying to fix all your weaknesses (bugs), as improving strengths yields a much higher return.
Leverage crises as opportunities for significant change and improvement, as they can force necessary shifts in strategy and culture.
Adjust your decision-making approach based on the company’s phase: adopt a more bottom-up, consensus-driven style during ‘peacetime’ and a decisive, top-down approach during ‘wartime’ (crises).
Embrace and lean into your authentic self and unique ‘quirkiness’ rather than trying to conform to a perceived ideal, as it’s easier and more effective to be yourself.
Refactor your relationships by tripling down on family and disengaging from people who drain your energy, leading to a smaller, more supportive social circle.
Make a firm commitment to be present for your children daily after school, prioritizing this time over extended office hours to create lasting memories.
Cultivate a ‘superpower’ of continuous learning, actively seeking feedback and striving for improvement in your abilities.
Implement a comprehensive 360-degree feedback system for leaders, using a Net Promoter Score-style survey with open-ended ‘why’ questions to gather candid, strong feedback from a diverse group of stakeholders.
Prioritize hiring candidates with ‘spiky strengths’ (some love, some meh) over those with a lack of weaknesses (everyone just ’likes’ them), as the latter often leads to ’lowest common denominator’ hires that hinder growth.
When hiring executives, seek candidates who have recently navigated similar growth challenges (e.g., 3-4 years ahead of your current phase) rather than those significantly more experienced or from much larger, established companies.
If you start considering moving on from an employee, act quickly, as initial doubts rarely change, and delaying the decision is often detrimental.
Practice inbound marketing by becoming your own publisher (e.g., creating your own blog, podcast, or YouTube channel) to attract customers organically through valuable content, rather than relying on traditional outbound methods.
Maintain a unique perspective and personality in your content and branding, as quality and distinctiveness will become even more crucial for standing out amidst a flood of AI-generated content.
Prepare for a future where AI (like ChatGPT) reduces direct website traffic by providing comprehensive answers; focus on highly personalizing the website experience for the serious visitors who do arrive.
Consider placing more valuable information behind paywalls or login walls on your website to protect proprietary content from being fully consumed and replicated by AI models like ChatGPT.
Adopt a longevity-focused lifestyle by following expert advice (e.g., Peter Attia, Andrew Huberman) to maintain physical strength and health into old age.
Selectively address only one or two ‘bugs’ (weaknesses) each year, rather than trying to fix everything at once, to make manageable improvements.
Be ‘obsessed’ with thorough reference checking, including contacting people in your network who have worked with the candidate, to gain deeper insights beyond formal references.
Actively communicate and reinforce the philosophy of making decisive choices (even if it means some disagreement) through various channels like whiteboards, discussions, blog posts, and personal example.
Understand your leadership style (e.g., wartime vs. peacetime CEO) and adapt your approach accordingly; if you’re a wartime leader, learn to ‘sit on your hands’ during peacetime to avoid unnecessary interference.
Adapt your inbound marketing content strategy to current social media trends, focusing on platforms like TikTok and Instagram and utilizing short-form video content.
Acknowledge that achieving exceptional entrepreneurial success may require significant personal sacrifice and an imbalanced work-life, and be prepared to accept this trade-off if you pursue such ambitions.