My First Million

#43 - Getting your team to take big risks, Turning office workers into remote, Quiet founders making big money

14 snips
Feb 8, 2020
This podcast dives into how to encourage bold ideas and risk-taking in teams. It explores the pressures of corporate environments and innovative solutions like biannual reports. Celebrity branding shines with insights on Jessica Simpson’s billion-dollar clothing line. The conversation flows into remote work trends and programs like Remote Year that promote adventure. They also touch on the unique 'Jambies' apparel for comfort at home while discussing strategies to foster a culture of innovation within businesses.
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ANECDOTE

Teen Feedback on Twitter

  • Shaan bought Twitter stock after high school students' positive feedback.
  • The stock popped over 10%, validating their bullish sentiment.
INSIGHT

Short-Term Incentives

  • Public companies face pressure to manipulate metrics for earnings calls.
  • This creates a cycle of short-term behavior and inflated numbers.
INSIGHT

Trump's Earnings Proposal

  • Trump proposed eliminating quarterly earnings reports for longer-term focus.
  • This could encourage more sustainable, long-term business strategies.
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