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This podcast explores the importance of speed in decision making and execution when building a business, emphasizing the significance of timing. It discusses executing with momentum and challenging due dates, as well as accelerating processes and eliminating dependencies to optimize efficiency. The podcast also highlights the importance of having a simple understanding of problems and getting input from founders or CEOs first.
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Quick takeaways
- Speed is a defining characteristic of successful companies in every industry, not just in product development.
- Momentum is the output of speed and forward progress, attracting talent and convincing customers to choose a new player over established competitors.
Deep dives
The Power of Speed in Business
Speed is a defining characteristic of successful companies in every industry, not just in product development. Making fast decisions and executing them is crucial. It's important to consider the time and effort a decision is worth, who needs to provide input, and when the decision will be made. Leadership should set realistic yet firm time frames for decisions. Speed should be a habitual practice that involves developing good habits and rewarding employees who exhibit speed.
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Listen to the best highlights from the podcasts you love and dive into the full episode