Exploring Ethical Business Decisions and Long-Term Thinking

Exploring the importance of prioritizing ethics in business decisions and the potential consequences for companies when pushing the boundaries of regulations, with examples from various industries like oil, technology, and social media.

Transcript

chevron_right

Play full episode

chevron_right

Transcript

Episode notes

Welcome to The Eric Ries Show. I sat down with Dustin Moskovitz, founder of not one but two iconic companies: Facebook and the collaborative work platform Asana. Needless to say, he’s engaged in the most intense form of entrepreneurship there is. A huge part of what he’s chosen to do with the hard-earned knowledge it gave him is dedicate himself and Asana to investing in employees’ mental health, communication skills, and more. All of this matters to Dustin on a human level, but he also explains why putting people first is the only way to get the kind of results most founders can only dream of. We talked about how to get into that flow state, why preserving culture is crucial, his leadership style and how he decides when to be hands-on versus when to delegate, and how Asana reflects what he’s learned about supporting people at all levels.

Dustin sums up the work Asana does this way: “Our individual practices are meant to restore coherence for the individual, our team practices are meant to restore coherence for the team, and Asana, the system, is meant to try and do it for the entire organization.” I’m delighted to share our conversation, which also covers:

• How he uses AI and views its future

• Why he founded a collaboration platform

• How he applied the lessons of Facebook to building Asana

• Why taking care of your mental health as a founder is crucial for the company as a whole

• His thoughts on the evolution of Facebook

• The importance of alignment with investors

• His philanthropic work

• And so much more

—

Brought to you by:

Mercury – The art of simplified finances. Learn more.

DigitalOcean – The cloud loved by developers and founders alike. Sign up.