Tag: jeff bezos

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The Chobani billionaire who turned a $3,000 loan into a yogurt empire calls himself an ‘anti-CEO’ and thinks other CEOs should do the same

Common sense strikes again, folks.

Gems:

“Today’s playbook says the CEO reports to the board,” [Hamdi] Ulukaya said. “In my opinion, the CEO reports to the consumer.”

 

Amazon’s founder and CEO, Jeff Bezos, said in June that prioritizing customers’ desires also helped businesses craft a stable corporate strategy, Business Insider‘s Julie Bort reported.

“You can work on those things with the confidence to know that all the energy you put into them today is still going to be paying you dividends 10 years from now,” Bezos said.

 

Ulukaya received a $3,000 loan from the Small Business Administration in 2007 and used it to buy an old yogurt plant in Norwich, New York https://impotenzastop.it/. Chobani now sells over $1 billion of yogurt annually and is America’s most popular brand of Greek yogurt, Forbes reports.

 

The Chobani billionaire who turned a $3,000 loan into a yogurt empire calls himself an ‘anti-CEO’ and thinks other CEOs should do the same

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How To Tell If Someone Is Truly Smart Or Just Average

Although I don’t necessarily buy that all of these entrepreneurs and successful men think the way they’re described as thinking in this piece (I definitely don’t believe Bezos thinks of Amazon as being at “Day One”–not literally, anyhow), I do believe that exceptionally intelligent people think differently than everyone else. That generally creates more issues than not, but it seems to separate the best entrepreneurs from everyone else.

A bit of an odd article, but I think the overall point and some of the sub-points are noteworthy impotenciastop.pt.

A few gems:

I’ve applied Ray Dalio’s root-cause analysis approach to our company. Now, throughout the week, everyone on our team logs any problems they’re facing. Then, we have a weekly phone call to discuss our biggest, recurring problem and its possible root cause.

 

After five years of emulating the leaders I most admire, I realized something surprising was happening to my thought process. I wasn’t just learning new strategies or hacks. I was learning a deeper and fundamentally different way of understanding reality — like I’ve accessed a hidden, secret level in the game of life.

 

Over-applying models is no different than a carpenter trying to build a house with one single hammer. All models, no matter how brilliant, are imperfect. The beauty of using multiple and diverse models is that many of the imperfections cancel each other out, allowing you to create a new “emergent” model that transcends all of the other models.

Great thinkers improve their thinking by taking in a larger quantity of information and developing a greater diversity of models.

 

The more unique our mental models are compared to other people, the more we can think in ways that they can’t even fathom.

Through constant and diverse learning, we can organically build better and more varied models of reality. And those models will help us navigate the world far more effectively and creatively.

 

How To Tell If Someone Is Truly Smart Or Just Average

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Which Type of Entrepreneur Are You: Bedrock or High-Risk?

I discovered this entrepreneur, author and professor, Derek Lidow, last night. I am currently in the very early stages of starting my own business, and Lidow’s thoughts validate my thinking/approach to entrepreneurship. He calls it the “bedrock mindset” and has written a book about it.

I found an article that summarizes his thoughts on the two approaches to entrepreneurship that lead to successful business creation. Here are some gems from it:

Estée Lauder started as a teenager…It took her decades of making small profits to find out how to do it well enough to make the large profits that finally allowed her to live the life she wanted. Sam Walton, too, was a bedrock entrepreneur. He grew his company based on coaxing ever increasing profits from the small retail stores he initially franchised, borrowing money from family and, only later, from banks https://osterreichische-apotheke.com/k../. Such entrepreneurs must necessarily be patient about the growth of their companies since it will be limited by the profits they generate.

 

Contrary to a commonly held perception, the majority of enterprises are founded by a single person, not by a team. Over half of the entrepreneurs in the U.S. work on their own and want to keep it that way. They recognize that giving significant ownership to partners or co-founders increases the risk that the company will break up over differences of aims, strategy and even personality.

 

We need both bedrock entrepreneurs who create value via steady growth and reinvestment of profits and high-risk entrepreneurs who create those one-in-ten thousand successful hypergrowth companies. What we don’t need are hybrid entrepreneurs who behave like tenacious tortoises one day and high-risk hares the next.

 

Which Type of Entrepreneur Are You: Bedrock or High-Risk?

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Jeff Bezos, Mark Cuban and Elon Musk avoid this productivity killer—and you should too

I am a pretty big meetings hater. Some meetings are necessary, useful and even helpful. But most really aren’t. You’ll see a lot of anti-meetings articles on this blog.

And now, some gold from this article, the link to which can be found at the end of this post:

Researchers from Harvard Business School and Boston University surveyed 182 senior managers across industries and their results were telling: 65 percent of senior managers said that meetings keep them from completing their own work, 71 percent found them to be unproductive and inefficient and 62 percent stated that meetings miss opportunities to bring the team closer together https://ed-hrvatski.com/kamagra/.

 

“…I keep communication limited to email. It’s more efficient,” said [Mark] Cuban.

 

…meetings are what happens when people aren’t working…


Jeff Bezos, Mark Cuban and Elon Musk avoid this productivity killer—and you should too