How I Own 26 Companies w/o Going Crazy?
5 tricks...
5 tricks...
If you're also bored once you get your biz or job motoring?
Have a lil ADHD in business?
Then you're like me, and you'll like my strategy.
I'm not sure mine is the right way, but I'm having fun & making a lil $$ too :)
Here's the process...
Have a lil ADHD in business?
Then you're like me, and you'll like my strategy.
I'm not sure mine is the right way, but I'm having fun & making a lil $$ too :)
Here's the process...
The first little secret is to get over the title of CEO.
I become chairman of many things, CEO of nothing ala Sam Zell.
Then there are 5 keys to outsourcing management that I've found thus far (believe me I have a lot still to learn).
I become chairman of many things, CEO of nothing ala Sam Zell.
Then there are 5 keys to outsourcing management that I've found thus far (believe me I have a lot still to learn).
Study all the billionaires who own multiple businesses simultaneously:
- Musk
- Bezos
- Buffett
- Munger
- Zell
- Cuban
Copy their org structure. I took Buffetts.
BTW own doesn't mean you're the only owner. I'm sure not.
- Musk
- Bezos
- Buffett
- Munger
- Zell
- Cuban
Copy their org structure. I took Buffetts.
BTW own doesn't mean you're the only owner. I'm sure not.
Amazon's Single Page Culture
Basically it means your principles are written on one page and then distributed everywhere.
The job of a leader is largely to repeat and reiterate.
We use a single page communication to reiterate that.
Basically it means your principles are written on one page and then distributed everywhere.
The job of a leader is largely to repeat and reiterate.
We use a single page communication to reiterate that.
Bezo's Single-Threaded Process
Take your best leaders and innovators, give them ONE thing to focus on and nothing else.
Almost none of my businesses overlap, because distraction kills.
Each CEO is independently focused and reads out to me or my CIO.
Take your best leaders and innovators, give them ONE thing to focus on and nothing else.
Almost none of my businesses overlap, because distraction kills.
Each CEO is independently focused and reads out to me or my CIO.
Incentive Alignment Always
Sam Zell talks about management incentive alignment. It means when he hires managers their compensation is created to drive toward Sam's goals for the company.
I do the same.
There is no 1 static formula, & you do have to constantly tweak.
Sam Zell talks about management incentive alignment. It means when he hires managers their compensation is created to drive toward Sam's goals for the company.
I do the same.
There is no 1 static formula, & you do have to constantly tweak.
Sh*t in sh*t out
Hiring is everything.
All the processes in the world won't fix bad talent or subpar talent.
Relentless screening up front.
Incredible trust and lack of micromanagement on the back end.
Hiring is everything.
All the processes in the world won't fix bad talent or subpar talent.
Relentless screening up front.
Incredible trust and lack of micromanagement on the back end.
I broke the rest of the secrets down for you in our newest Youtube video.
Ya'll want to see it?
Ps *Twitter tanks my tweets when I put outside links in them so if you want it comment and I'll post. Le sigh.
Ya'll want to see it?
Ps *Twitter tanks my tweets when I put outside links in them so if you want it comment and I'll post. Le sigh.
And we're live... If you comment on the video I'll answer every question. Promises.
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