Chapter
Acknowledging the "Source" of a New Initiative
54:26 - 1:02:37 (08:11)
Chris Yeh and Keith Rabois discuss the importance of acknowledging the source of a new initiative to prevent organizational tensions and successful transitions in leadership.
Clips
The original source of a startup initiative often maintains a unique relationship with the gestalt of the idea, leading to an intuitive knowledge of the right next steps.
54:26 - 55:21 (00:55)
Summary
The original source of a startup initiative often maintains a unique relationship with the gestalt of the idea, leading to an intuitive knowledge of the right next steps. Many organizational tensions and power struggles may arise from a lack of explicit acknowledgement of who the source of the initiative is.
ChapterAcknowledging the "Source" of a New Initiative
Episode#292: Lessons and Warnings from Successful Risk Takers
PodcastThe Tim Ferriss Show
The departure of founder CEOs from their businesses can positively impact stock performance, as lingering on to mentor a new CEO can inhibit the new leader's ability to exercise their own creative vision.
55:22 - 57:17 (01:54)
Summary
The departure of founder CEOs from their businesses can positively impact stock performance, as lingering on to mentor a new CEO can inhibit the new leader's ability to exercise their own creative vision. It is important for original founders to fully own their role as the source of an initiative and allow room for a successful transition.
ChapterAcknowledging the "Source" of a New Initiative
Episode#292: Lessons and Warnings from Successful Risk Takers
PodcastThe Tim Ferriss Show
Investor Chris Dixon talks about his failures, particularly one related to due diligence on an investment, and his unusual breakfast of canned sardines; a high-protein and high-good-fats food that his kids also enjoy.
57:17 - 1:00:23 (03:06)
Summary
Investor Chris Dixon talks about his failures, particularly one related to due diligence on an investment, and his unusual breakfast of canned sardines; a high-protein and high-good-fats food that his kids also enjoy.
ChapterAcknowledging the "Source" of a New Initiative
Episode#292: Lessons and Warnings from Successful Risk Takers
PodcastThe Tim Ferriss Show
The overuse and fetishization of the term "hedge fund" has led to too much baggage and misconceptions surrounding the concept.
1:00:23 - 1:02:37 (02:14)
Summary
The overuse and fetishization of the term "hedge fund" has led to too much baggage and misconceptions surrounding the concept. Instead, the focus should be on incentive compensation and the competence of the investment manager.