Tag: Managing people

Being CEO

In a meeting, the CEO should always speak last

Chris Labs

As Jeff Bezos says so brilliantly, people might have a certain opinion. But once they hear the opinion of the CEO, they might think: Well, if this person thinks that way, maybe I missed some data or information and I should go read it again. That will alter people’s original opinion. And if they are smart enough to be in that room, their opinion was probably valuable too. Jeff Bezos, Lex Fridman Podcast Continue reading In a meeting, the CEO should always speak last

Being CEO

Format for team meetings: Memo

Chris Labs

The perfect meeting starts with a crisp document and a messy meeting. The meeting should be about asking questions that no one knows the answer to. The organization should be truth-seeking. If something can be known for sure through data or research, find the answer. 6 pages memo A typical meeting will start with a 6 pages narratively-structured memo. For 30mins, everyone in the meeting will read silently the memo quietly and write down questions they might have. If people were asked to read it beforehand, most are too busy and they would only skim the document. Or pretend they … Continue reading Format for team meetings: Memo

Being CEO

How to structure Marketing Department

Chris Labs

It is such an important role, the role of media buying. You do not want all your business to rely on one or very few individuals. On the podcast Operators, Marty gives this structure recommendation. Basically, the department should be divised into two groups: – Marty, E006: Marty Wholesome Goods, De-Risking Talent, Data & Testing, Gamers, Panzerism, Prime Day & More. Continue reading How to structure Marketing Department

Being CEO

Idea for team building activity

Chris Labs

You gotta be creative and take that many dollars of budget and make it feel like a trillion dollars of budget. Sam Parr organized a visit to Costco with the employees from The Hustle. In teams of 2 or 4, they were given a 200$ budget and they had 30mins to go into costco and buy the coolest stuff for the office and food for lunch. Everyone was then voting on who had picked the best goods. My First Million, Ep. 299, minute 1:01:10 Continue reading Idea for team building activity

Learnings

You should let your employees modulate their own space the way they want

Chris Labs

In 2010, a study was conducted to see why environment was the best for the employees. Which environment would lead to the most productivity and happiness. They tested 4 layouts: One was stripped down: bare desk, swivel chair, pencil, paper, nothing else. The second layout was softened with pot plants and almost abstract floral images. Workers enjoyed this layout (2nd) more than the minimalist one and got more and better work done there. The third and fourth layouts were superficially similar, yet produced dramatically different outcomes. In each, workers were invited to use the same plants and pictures to decorate … Continue reading You should let your employees modulate their own space the way they want

Being CEO

Watch out: Are you on a Maker’s Schedule or on a Manager’s Schedule? What about your employees?

Chris Labs

“Maker” time requires large blocks of the clock to write code, develop ideas, generate leads, recruit people, produce products, or execute on projects and plans. This time tends to be viewed in half-day increments. “Manager time”, on the other hand, gets divided into hours. This time typically has one moving from meeting to meeting, and because those who oversee or direct tend to have power and authority, “they are in a position to make everyone resonate at their frequency.” This can create a huge conflict if those needing maker time are pulled into meetings at odd hours, destroying the very … Continue reading Watch out: Are you on a Maker’s Schedule or on a Manager’s Schedule? What about your employees?