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5 min read

B. The Ride of a Lifetime

10 Principles

  1. Optimism - people don’t like working with pessimists
  2. Courage - fear of failure destroys creativity
  3. Focus - communicate priorities clearly and often
  4. Decidedness - balance diversity of opinion and need to make a decision
  5. Curiosity - the path to innovation begins here
  6. Fairness - empathy and accessibility is essential, remove all fear
  7. Thoughtfulness - take the time to develop informed opinion
  8. Authenticity - don’t fake anything
  9. Relentless pursuit of perfection - refuse to accept mediocrity. “If you’re in the business of making things, be in the business of making things great”
  10. Integrity - the way you do anything is the way you do everything

Part 1: Learning

Starting at the bottom

  • Create space every day for your thoughts to wander beyond immediate responsibilities
  • Relentless pursuit of perfection
    • Not “perfect at all costs” but refusal to accept mediocrity

Betting on talent

  • Optimism has the power to shift perspective from catastrophe to a complex puzzle

Know what you don’t know (and trust what you do)

  • A delicate balance between executive management and how you negotiate with creatives is key - it comes down to respect

“I didn’t want to be in the business of playing it safe, I wanted to be in the business of creating possibilities for greatness” - Bob Iger

  • If you want innovation, ::you need to give permission to fail::

Chapter 6

  • Optimism in a leader, especially in challenging times, is vital
  • People need to feel confident in focusing on their tasks not defending their position

Chapter 7

  • You have to convey your priorities clearly, and it impacts time energy and capital all around as
  • No more than 3

Chapter 8

  • Approaching toxic situations with respect can provide a very different perspective
  • Don’t let your ego get in the way of doing the right thing

Chapter 10

  • Always surround yourself with people that are good, not just good at their job
  • When there is a lapse you must act immediately

Chapter 11

  • In negotiation, you must state your goal and intentions up front and clearly, never say or give something up simply because someone wants to hear it

Chapter 12

  • “If something doesn’t feel right to you, then it’s probably not right for you” - Tom Murphy
  • Being present for your people as a leader is vital for morale
  • When you innovate, everything needs to change not just how you make / deliver a product

Chapter 13

  • A company’s integrity depends on the integrity of its people
  • Nothing is more important than your company’s quality and integrity

Chapter 14

  • The trick of leadership is to hold onto who you always were to a degree even while the world tries to inflate your title / power / ego

Chapter 15

  • To tell great stories you need great talent
  • Innovate or die, there can be no innovation if you operate out of fear of the new
  • Create an environment in which people refuse to accept mediocrity - push back on “good enough”
  • Take responsibility when things go wrong, learn from them
  • Be decent to people and treat them fairly, create an environment where people know you’ll hear them out and second chances for honest mistakes will be given
  • Excellence and fairness don’t need to be mutually exclusive - be aware of caring more about the product than the people
  • True integrity is a secret weapon, trust your instincts and respect people
  • Value ability more than experience and put people in roles that require more of them than they know they have in them
  • Ask questions you know should be asked, learn quickly
  • Managing creativity is an art and be mindful how much of themselves the artists has put in and how much is at stake for them
  • Don’t start small or negatively, starting petty = seeming petty
  • Creativity isn’t a science, be comfortable with failure
  • Be in the business of creating possibilities for greatness
  • Don’t let ambition get in the way of opportunity, do the job you have well and make yourself one of the people
  • Don’t invest in small projects that will sap resources that don’t give much back (don’t sell trombone oil)
  • When leadership has a disfunctional relationship, the rest of the company will suffer
  • Be attentive, do the work, show up - people are watching you as a leader and will know
  • It’s not about being indispensable it’s about preparing the people under you to step into your shoes
  • A company’s reputation = actions of its people + quality of products, demand integrity from both
  • Great is often the collection of very small things, but don’t over micromanage
  • Be honest about the changes coming and don’t get overly attached
  • Don’t communicate pessimism, it will take over and turn to paranoia and defensiveness and risk aversion
  • Convert your priorities clearly and repeatedly, morale can be boosted just by taking guesswork out of their daily life
  • Embrace change
  • It’s about the future not the past, be optimistic even when your sense of your self is on the line
  • You have to do the homework but you’ll never have 100% certainty, at the end of the day it comes down to one persons instinct
  • As a leader, you embody the company and your values and integrity will be judged as if it’s the company
  • There’s no short term gain that’s the worth the long term erosion of trust that occurs when you go back on the expectation you created early on
  • Most deals are personal, be aware at what’s at stake for the other person
  • It’s not good to have power for too long - your voice becomes too loud even to the leaders around you
  • Hold on to your awareness of self