LEVELS – Inside the Company

#28 - Building in Public: Transparency, Confidence, and Ownership | Sam Corcos & Mike DiDonato

Apr 21, 2023

Sam Corcos, CEO of Levels, and Mike DiDonato, Head of Success, discuss the benefits of building in public at Levels. They highlight how transparency creates trust, attracts the right employees and investors, and eliminates gossip fatigue. Levels empowers users to improve health through real-time feedback on metabolic health. Tune in for insights on intentional communication, security through transparency, and finding culture-aligned team members.

18:39

Creator website

Episode guests

Mike DiDonato

Sam Corcos

AI Summary

AI Chapters

Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Building in public fosters transparency and trust, benefiting employees, investors, and customers.

Effective communication and transparency are vital for organizational success and growth.

Deep dives

The Importance of Taking Risks and Embracing Failure

Taking calculated risks and being willing to accept failure are key aspects of entrepreneurial success. The speaker emphasizes the need for individuals to take responsibility for decisions, even if they involve risks. Drawing from personal experience, the speaker highlights how failure in previous ventures has instilled a sense of fearlessness towards future challenges, emphasizing the importance of understanding trade-offs and avoiding the default status quo approach.

Introduction

3min

Exploring the Practice of Building in Public within Company Culture

2min

Building Trust Through Transparency in Hiring and Culture

7min

Navigating Organizational Growth and Transparency Challenges

2min

The Power of Transparency in Building Trust

4min

At a startup, or any company for that matter, you have the choice to keep the business strategy and culture private… or you can build in public. Building in public inspires an environment of transparency and confidence for investors, employee recruitment, and customers.

Levels’ Head of Success Mike DiDonato met with CEO Sam Corcos to discuss the benefits of Levels’ policy of building in public:

It helps internal and external people feel good about the company through a strong culture of trust and documentation.
You can recruit and retain employees and investors who feel more comfortable because they can see behind the curtain.
It limits gossip fatigue and removes elements of surprise through top-down openness and transparency.

Levels helps you see how food affects your health, empowering you with the tools needed to achieve health goals and improve healthspan. Levels Members gain access to the Levels app and continuous glucose monitors (CGMs), providing real-time feedback on how diet and lifestyle choices impact your metabolic health.

Look for new shows every month on Levels - Inside the Company, where we have in-depth conversations about how the Levels startup team builds a movement from the ground up in the health and wellness tech industry.

🎙What Mike DiDonato & Sam Corcos discuss:

(03:05) – Communicate intentionally

(04:15) – Transparency offers security

(05:49) – Find people who match your company’s culture

(07:41) – Let people opt out

(10:47) – The curse of knowledge

(11:55) – Navigating company growth

(14:50) – Be confident

(16:48) – Pragmatic transparency

Transcripts & Show Notes

🔗 Helpful links:

Become a Levels member: https://levels.link/itc