15 things successful CEOs want you to know

As a young CEO of a growing company, I find that the most valuable insight I’m gaining these days has been from other CEOs. Certainly this realization isn’t revolutionary – YPO, EO, Mindshare and a host of other organizations are set up just for this kind of knowledge exchange.




But who has time for that? This is a social media world. We’re live in 140-character sound bites. So I decided to ping my favorite CEOs via Twitter to see what kind of wisdom they could drop on me. Here’s the great advice they shared.

source: http://gigaom.com/2012/01/28/corbett-15-things-ceos-want-you-to-know/

Daniel Ek, CEO, Spotify

Figure out what the top five most important stuff is, focus relentlessly on that and keep iterating. Less is more.

Dennis Crowley, CEO, FourSquare

Don’t let people tell you your ideas won’t work. If you have a hunch that something will work, go build it. Ignore the haters.

Sarah Prevette, Founder, Sprouter

Just do it. Get it out there, absorb the feedback, adjust accordingly, hustle like hell, persevere and never lose your swagger.

Sarah Lacy, CEO, PandoDaily

Follow your gut. it may be wrong, but you won’t regret it if you fail. You’ll regret it if you ignore your gut and fail.

Craig Newmark, Founder, Craigslist

Treat people like you want to be treated. Apply to customer service.

Gary Vaynerchuk, CEO, VaynerMedia

Do work for your customers, not for press or VCs. The end user is what matters long term.

Matt Mullenweg, CEO, Automattic

Only reinvent the wheels you need to get rolling.

Jason Goldberg, CEO, Fab.com

Pick one thing and do that one thing — and only that one thing — better than anyone else ever could.

Alexis Ohanian, CEO, Reddit

Make something people want. Then give more damns than anyone else about it and you’ll make something they love.

Chris Brogan, President, Human Business Works

Buy @ericries’s book. Beyond that? Build a platform. This is the big year.

Matt Howard, CEO, ZoomSafer

Startup wisdom: The number one job of a CEO is to not run out of money.

Brian Wong, CEO, Kiip

Always be learning from others. Whenever you meet someone, you don’t want something from them, you want to learn from them.

Seth Priebatsch, Chief Ninja, SCVNGR and LevelUp

Something my dad taught me: Ask forgiveness, not permission!

Hooman Radfar, Founder, Clearspring

Give away the wins, own the loses. Your job is to curate greatness.

Alexa Hirschfeld, CEO, Paperless Post

Users and employees are key predictive indicators of a company’s success; press and investors generally months behind.

Train Your Brain to Focus

Next time you are sitting in a meeting, take a look around. The odds are high that you will see your colleagues checking screens, texting, and emailing while someone is talking or making a presentation. Many of us are proud of our prowess in multitasking, and wear it like a badge of honor. _________________________________________________________________________________________________________________________ Multitasking may help us check off more things on our to-do lists. But it also makes us more prone to making mistakes, more likely to miss important information and cues, and less likely to retain information in working memory, which impairs problem solving and creativity. _________________________________________________________________________________________________________________________ Over the past decade, advances in neuroimaging have been revealing more and more about how the brain works. Studies of adults with attention deficit hyperactivity disorder (ADHD) using the latest neuroimaging and cognitive testing [PDF] are showing us how the brain focuses, what impairs focus — and how easily the brain is distracted. This research comes at a time when attention deficits have spread far beyond those with ADHD to the rest of us working in an always-on world. The good news is that the brain can learn to ignore distractions, making you more focused, creative, and productive. Here are three ways you can start to improve your focus. Tame your frenzy. Frenzy is an emotional state, a feeling of being a little (or a lot) out of control. It is often underpinned by anxiety, sadness, anger, and related emotions. Emotions are processed by the amygdala, a small, almond-shaped brain structure. It responds powerfully to negative emotions, which are regarded as signals of threat. Functional brain imaging has shown that activation of the amygdala by negative emotions interferes with the brain's ability to solve problems or do other cognitive work. Positive emotions and thoughts do the opposite — they improve the brain's executive function, and so help open the door to creative and strategic thinking. _________________________________________________________________________________________________________________________ What can you do? Try to improve your balance of positive and negative emotions over the course of a day. Barbara Fredrickson, a noted psychology researcher at the University of North Carolina, Chapel Hill, recommends a 3:1 balance of positive and negative emotions, based upon mathematical modeling of ideal team dynamics by her collaborator Marcial Losada, and confirmed by research on individual flourishing and successful marriages. (Calculate your "positivity ratio" at www.positivityratio.com). You can tame negative emotional frenzy by exercising, meditating, and sleeping well. It also helps to notice your negative emotional patterns. Perhaps a coworker often annoys you with some minor habit or quirk, which triggers a downward spiral. Appreciate that such automatic responses may be overdone, take a few breaths, and let go of the irritation. _________________________________________________________________________________________________________________________ What can your team do? Start meetings on positive topics and some humor. The positive emotions this generates can improve everyone's brain function, leading to better teamwork and problem solving. Apply the brakes. Your brain continuously scans your internal and external environment, even when you are focused on a particular task. Distractions are always lurking: wayward thoughts, emotions, sounds, or interruptions. Fortunately, the brain is designed to instantly stop a random thought, an unnecessary action, and even an instinctive emotion from derailing you and getting you off track. _________________________________________________________________________________________________________________________ What can you do? To prevent distractions from hijacking your focus, use the ABC method as your brain's brake pedal. Become Aware of your options: you can stop what you are doing and address the distraction, or you can let it go. Breathe deeply and consider your options. Then Choose thoughtfully: Stop? or Go? What can your team do? Try setting up one-hour distraction-free meetings. Everyone is expected to contribute and offer thoughtful and creative input, and no distractions (like laptops, tablets, cell phones, and other gadgets) are allowed. Shift Sets. _________________________________________________________________________________________________________________________ While it's great to be focused, sometimes you need to turn your attention to a new problem. Set-shifting refers to shifting all of your focus to a new task, and not leaving any behind on the last one. Sometimes it's helpful to do this in order to give the brain a break and allow it to take on a new task. _________________________________________________________________________________________________________________________ What can you do? Before you turn your attention to a new task, shift your focus from your mind to your body. Go for a walk, climb stairs, do some deep breathing or stretches. Even if you aren't aware of it, when you are doing this your brain continues working on your past tasks. Sometimes new ideas emerge during such physical breaks. _________________________________________________________________________________________________________________________ What can your team do? Schedule a five-minute break for every hour of meeting time, and encourage everyone to do something physical rather than run out to check email. By restoring the brain's executive function, such breaks can lead to more and better ideas when you reconvene. _________________________________________________________________________________________________________________________ Organizing your mind, and your team members' minds, will yield a solid payoff in the year ahead. Adding "high-quality focus" is a great place to start. Try holding a no-multitasking meeting and see what happens when everyone in the room gives their undivided attention. Have you ever tried this in your organization? If not, do you think it would fly?