Key Takeaways
The Rabbit Hole is written by Blas Moros. To support, sign up for the newsletter, become a patron, and/or join The Latticework. Original Design by Thilo Konzok.
- The greatest achievement of good executives is to get things done through other people, not themselves
- Businesses are the product and extension of the personal characteristics of its leaders
- Change of any kind is difficult - emphasize flexibility and adaptation
- The best leaders give all the credit and take all the blame
- Management is a craft, not a science
- The ultimate resource is people
- Enthusiasm = leadership
- A brand or brand name is the most powerful force in business
- 10 Commandments
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- Quit Taking Risks - don't let success lead to complacency
- Be inflexible - don't allow yourself only one way of seeing / doing things
- Isolate yourself - it is so easy but don't fall into this trap, value bad news more than good
- Assume infallibility - blame poor results on external forces or other people
- Play the game close to the foul line - reputation is priceless; be trusted, not feared, not loved. but trusted
- Don't take time to think - often less is more; must ask the right questions and think about second and third order consequences
- Put all your faith in experts and outside consultants
- Love your bureaucracy - eliminate as much unnecessary bureaucracy as possible
- Send mixed messages
- Be afraid of the future - to stop taking risks is a serious risk
- Lose your passion for work, for life (bonus) - must strive to make an emotional connection with your "audience" whoever that may be
What I got out of it
- Great reminders of what not to do in order to be successful