Life changing leadership advice from Silicon Valley billionaires

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LIFE-CHANGING LEADERSHIP ADVICE FROM SILICON VALLEY BILLIONAIRES

Transcript of Life changing leadership advice from Silicon Valley billionaires

Page 1: Life changing leadership advice from Silicon Valley billionaires

LIFE-CHANGING LEADERSHIP ADVICE

FROM SILICON VALLEY BILLIONAIRES

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The number of billionaires wholive in Silicon Valley

56

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Sergey Brin

David Cheriton

David FiloReid Hoffman

Yuri Milner

Laurene Powell Jobs

Larry Page

Richard Peery

Robert Pera

Jeffrey Skoll

Andreas Von Bechtolsheim

Romesh Wadhwani

Jerry Yang

Mark Zuckerberg

John Arrillaga Carl Berg

Jim Breyer

Scott CookHelen Diller

Sanford Diller

John Doerr

Larry Ellison

Ken Fisher

Charles Johnson

Rupert Johnson II

Vinod Khosla

Gordon Moore

John Morgridge

George Roberts

Eric Schmidt

Charles Schwab

Kavitark Ram Shiram

Thomas Siebel

John A. Sobrato

Mark Stevens

Meg WhitmanRiley Bechtel

Stephen Bechtel

Marc Benioff

James Coulter

Ray Dolby Jack Dorsey

Doris Fisher

John Fisher

Robert Fisher

William Fisher

Gordon Getty

Michael Moritz

Dustin Moskovitz

John PritzkerRiley Bechtel

Thomas Steyer

Peter Thiel

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The chance of becoming a billionaire

1 in 785,166

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The cost of potentially life-changing leadership advice from these

billionaires

$0

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“There is no perfect fit when you’re looking for the next big thing to do. You have to take opportunities and make an opportunity fit for you, rather than the other way around. The ability to learn is the most

important quality a leader can have.”Sheryl Sandberg - Facebook

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We are biased towards people who never give up, who never quit; and that’s something you can’t find on a resume. We look for courage, and we look for genius. There’s all this talk about how important failure is. I

call it the failure fetish. ‘Failure is wonderful, it teaches you so much, it is great to fail a lot,’ they say. But we think failure sucks. Success is

wonderful.Marc Andreessen – Andreessen Horowitz

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Do something that you love. We spend a lot of time at work. I’ve probably spent 150 hours over the last couple of weeks. And so you have to find

something that you love and I think you need to do it with people who you really enjoy. I get tremendous satisfaction from the team – the joy of

collaboration from figuring things out together. And so I think teams and the people that you work with are incredibly important.

Meg Whitman – Hewlett Packard

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Companies full of people looking after themselves will, by default, make their companies better too. In this sense, leaders don’t need to lose hope;

they just need to play the game better.Reid Hoffman - LinkedIn

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Andy Grove wrote a very important book in the ’80s. it’s called ‘Only the paranoid survive!.’ I think you have to be both overconfident and paranoid at the same time almost schizophrenic in your personality. Overconfident about

your ability to solve a problem. Paranoid that everything will get you, so you’re constantly looking for the problems.

Vinod Khosla – Khosla Ventures

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There is nothing else that kills ambitions of a person as criticism from superiors. I never criticize anyone. I believe in giving a person incentive

to work. So I am anxious to praise but loath to find fault. If I like anything, I am hearty in my approbation and lavish in my praise.

Charles Schwab - Charles Schwab

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I’ve been put in a position I’ve never dreamed of. I’ve got to conduct myself accordingly. There’s pressure. But we don’t walk around here saying, ‘We’re going to be rich.’ This is my idea of a good time. I visit

with customers. They’re using products with my name on them. I want to be doing this when I’m 65. I want the very same job.

Thomas Siebel – Siebel Systems

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When I explain our company values and the foundation to prospective employees, they realize that they have an opportunity to do much more

than change the way businesses manage and share information. When you take a workforce of smart, creative, dedicated people and say “take this company time to serve your community, and bring along your coworkers,

customers, and partners” great things happen.Marc Benioff – Salesforce

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It’s always a bad idea to set one’s employees too much against one another. You want to find ways to differentiate people’s roles. Frame it this way: If you were a sociopathic boss who wanted to create trouble for your employees, the formula you would follow would be to tell two people to do the exact same thing. That’s a guaranteed formula for creating conflict. If

you’re not a sociopath, you want to be very careful to avoid this.Peter Thiel - Paypal

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My biggest mistake is probably weighing too much on someone’s talent and not someone’s personality. I think it matters whether someone has a

good heart.Elon Musk - Tesla

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My job as a leader is to make sure everybody in the company has great opportunities, and that they feel they’re having a meaningful impact and

are contributing to the good of society. As a world, we’re doing a better job of that. My goal is for Google to lead, not follow that.

Larry Page - Google

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All my days are themed. Monday is management. Tuesday is product, engineering, and design. Wednesday is marketing, growth, and

communications. Thursday is partnership and developers. Friday is company and culture. On the days beginning with T, I start at Twitter in the

morning, then go to Square in the afternoon. Sundays are for strategy. Saturday is a day off.

Jack Dorsey - Square

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When I meet with the founders of a new company, my advice is almost always, ‘Do fewer things.’ It’s true of partnerships, marketing

opportunities, anything that’s taking up your time. The vast majority of things are distractions, and very few really matter to your success.

Evan Williams - Twitter

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Create a culture inside your company that values feedback, transparency

and continuous communication

What can you do, today, to become a better leader?

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Do a better job listening to your employees early and often

In other words...

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According to Gallup, companies who collect regular employee feedback

have turnover rates 15% lower than companies using annual surveys

Here’s something you may not know…

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Are you in frequent communication with your team and do you give them guidance on what’s expected of them?

Question:

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