how to lead
It’s always top-own. It’s really always top-down.
If there's a problem with a company culturally or just, a little bit of culture, but like they're a habit towards like risk aversion or whatever, that's a C-suite problem. That comes from leadership. It doesn't come from middle management or from the employees. So that's where if you need to fix it,
I'm going to talk about "Self-Renewal." One of your most fundamental tasks is the renewal of the organizations you serve, and that usually includes persuading the top officers to accomplish a certain amount of self-renewal. But to help you think about others is not my primary mission this morning. I want to help you think about yourselves
... See moreJohn Gardner • Personal Renewal
This is a wonderful intro.
Weird title
Bold statement
Reverses the initial focus
I'm curious now
the founder is the guardian of the company's Soul
Founders Podcast • #365 Nick Sleep's Letters: The Full Collection of the Nomad Investment Partnership Letters
a vendor who does not consistently
and voluntarily quote its lowest price to our buyers will be permanently discontinued as a purchasing source for Costco
Founders Podcast • #365 Nick Sleep's Letters: The Full Collection of the Nomad Investment Partnership Letters
I think this also why the Apple culture of secret works so well. On your most important values there can be no second chances. If I let you do it this once, then you'll do it again
intellectually honest and economically rational but that alone is not enough there are many companies that do the right thing when their backs are against the wall the anointed few are there because they have chosen to outthink their competition and allocate Capital over many years with discipline to reinforce their firm's competitive
Founders Podcast • #365 Nick Sleep's Letters: The Full Collection of the Nomad Investment Partnership Letters
the pressure of time was already Weighing on everyone one day John Hench stopped by to check the progress on the coaches and had an idea which he brought up to Walt why don't we just leave the leather straps off Walt the people are
never going to appreciate all the close-up detail Disney treated Hench to a tart little lecture you're being a poor Com
... See moreFounders Podcast • #365 Nick Sleep's Letters: The Full Collection of the Nomad Investment Partnership Letters
I let you do it this one time you'll do it again the contract with the customer which is very low prices must not be broken
Founders Podcast • #365 Nick Sleep's Letters: The Full Collection of the Nomad Investment Partnership Letters
Costco gets this incredible deal better deal than they normally get when they buy 2 million pairs of designer jeans they wind up getting them for $22 so $10 less than Costco has sold the jeans for in the past so they offer this huge markup you could essentially mark it up another 50% and you'd still be half the cost of most other retailers so one of Costco's buyers recommends taking a higher gross margin than usual more than the normal 14% markup since no one would know so he says that the Jim Sagle