Yes, I know it’s my job as the CEO to be the coach for people and that’s fine. But if everybody is looking for me to make their decisions we’ll never get anything done. I felt like I had done the hard bit and chosen people that I truly respected and I would rather empower them to make decisions and accept consequences.

In less than 7 minutes this video shows us that kindergarteners are the natural champions of the lean startup methodology and every business class we take further dilutes our successful, natural instincts.

“Business students are trained to find the single, right plan…what kindergarteners do differently is that they start with the marshmallow and they build prototypes” (Biz Students vs. Kindergartners starts at 1:50)

“With each version kids get instant feedback of what works and what doesn’t” (3:11)

“Sometimes, a little prototype of this experience is all that it takes to turn us from an uh-oh moment to a ta-da moment.” (6:34)

I think this “marshmallow challenge” could also be a great interview activity for lean startups.

We don’t pay you to work here—we pay you so you can work here.
Venture Hacks “We don’t pay you to work here

Netflix Presentation on their “Freedom and Responsibility” Company Culture

If you’ve ever thought about adding an advisor to your startup or you’ve NEVER thought about it because you don’t know what value they can provide, read this presentation. It’s a great intro and answers a lot of questions you probably never thought to ask.

It’s not pretty, but it’s an effective presentation.

Very unique and tangible advice on running better board meetings.

Memorable quotes from the interview:

“One thing I did at my second company was to put white sticky sheets on the wall, and I put everyone’s name on one of the sheets, and I said, “By the end of the week, everybody needs to write what you’re C.E.O. of, and it needs to be something really meaningful.” And that way, everyone knows who’s C.E.O. of what and they know whom to ask instead of me.”

“I keep my eye out for someone who has achieved a lot, so they’ve been a great athlete or on a great team, but then something didn’t go quite right, and they’re still very hungry and want to be C.E.O. of something. I like to bet on people, especially those who have taken risks and failed in some way, because they have more real-world experience. And they’re humble.”