Join 📚 Edwin's Highlights
A batch of the best highlights from what Edwin's read, .
After nearly a decade in business, the company wasn’t profitable—or anywhere close. It was losing more than $3,000 a minute, on average, and had lost more than $1.6 billion the prior year. But Uber, Airbnb, and the mattress website Casper were all unprofitable. Losses were par for the course for buzzy Silicon Valley companies.
The Cult of We
Eliot Brown & Maureen Farrell
If board members are going to be meeting outside the board meeting, be there. If some of them are flying into town the night before an 8am board meeting, don’t be too busy to go to dinner with them. Organize the dinner. Bring along a couple of your people who aren’t on the board. The point again is not to prevent the board members from talking, but to make sure that when they bring up problems you are there to listen to them, talk about ways to correct them, and promise action.
Your Board of Directors Is Probably Going to Fire You
reactionwheel.net
If advice is so often useless, why do people continue offering it? Perhaps because another’s issues seem so much easier to solve than our own. Perhaps because we want the chance to exhibit our analytical skills. Or perhaps we want to be the Lone Ranger who rides into the distressed town, resolves the issue to the townsfolk’s adoration, and then rides away after leaving the silver bullet! Whatever the reason, ask yourself, “Am I giving advice to meet my needs or because I really want to help?”
Connect
David Bradford and Carole Robin
...catch up on these, and many more highlights
Readwise