This week we learn how to move faster as a startup founder, how confirmation bias reduces business profits, and why feedback is important. As well as good sales emails, and distinctive design that amazes us all.
Let's get going!
3 Droplets of Leadership:
How to Move Faster as a Startup Founder
Each activity performed by your employees is essentially a cost with a potential benefit.
The ideal process has enough structure to prevent common or catastrophic errors, but not so much that it slows employees down. This is known as the "minimum viable process."
Great article by Catherine Stewart. Don't miss it!
How Confirmation Bias Reduces Business Profits
Leaders who fail to see the truth about reality make decisions that reduce business profits, whether in the largest or smallest companies, and everything in between.
Even the most experienced leaders are susceptible to confirmation bias, our innate tendency to ignore reality, and evidence of flaws in our plans.
Read more about Confirmation Bias in this article. Check it out!
Why Is Feedback Important?
The altruistic response is that "how am I doing?" is the most difficult data for each of us to obtain, but it is critical to improving our impact.
I'm not sure what's going on in your head, so I'm not sure if I'm doing well or poorly. I can make an educated guess based on your facial expression or voice tone. Instead of attempting to guess how my behavior affects you when you tell me directly, I can focus on modifying it to have better effects, or at the very least make a conscious tradeoff.
The self-interested answer is that you work a lot and rely heavily on the success of your peers. Improving their effectiveness directly benefits you.
Learn more about how to criticize coworkers in this great article. Don't miss it!
2 Grains of Technology
Good sales emails
Here is a great collection of good sales emails. Don't miss it!
Accidentally Wes Anderson
They explore the unique, the symmetrical, the atypical, the distinctive design, and amazing architecture that inspires us all. Have a look!
1 Atom of Reflection
Stupidity is knowing the truth, seeing the truth but still believing the lies. - Richard P. Feynman