Whether you’re a pilot flying a plane or a CEO running a company, it’s clear that there are ways you can minimize the chances of crashing into the ground.
Why do they happen? What do the copilots say? It all comes back to the life or death 10 second decisions. We're lucky as managers we get more than 10 seconds, but there are so many things we should get right to maximize our chance of avoiding total catastrophe.
* Dont panic - things will go wrong! Know they will.
* Identify errors: we are going to crash.
* Communicate the right way: be understood or be actionable
* Minimize pulling rank
I’m Garry Tan, venture capitalist and cofounder at Initialized Capital. We were earliest investors in billion dollar startups like Coinbase and Instacart, and we’re spending time with some of our best founders to learn the secrets of their success and see the future they’re building. I’m doing my own run-and-gun one man YouTube channel with no staff or crew — we're going for raw and unfiltered, not perfect.
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Find Garry on Twitter at https://twitter.com/garrytan
Learn more about the companies we fund, and how we work with them at https://initialized.com