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Delegation
Trust a lot. Decentralise. Berkshire Hathaway has returned 20% per year for 55 years through ruthless decentralisation. – But sometimes don’t. Jerry Seinfeld says his show’s phenomenal and enduring success is due to his micromanaging every aspect of it. (Buffett has handled capital allocation for most of those 55 years).
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Contradiction
Is ok. – If you’re consistently consistent, you’re not challenging your own thoughts enough. (Try to) kill your best ideas. You gain perspective.
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Communication
No one has time to, and no one does, read paragraphs in emails. Be direct, and cc with care. Assume positive intent. Use plain English – we’re not impressed by the long words.
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Change
“If I had nine hours to cut down a tree, I’d spend six hours sharpening my axe”. Lincoln – With nine hours to make a change, spend six getting people on board.
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Be Boring
And intensely curious. It will help you learn. It will make you listen. – There once was an owl who lived in an oak The more he saw, the less he spoke The less he spoke, the more he heard Why can’t we all be like this old bird?