

When to Quit with Steven Bartlett (Part 2)
79 snips Aug 29, 2023
Steven Bartlett is a renowned entrepreneur and author of "DOAC," known for his deep insights into business and leadership. In this discussion, he examines the balance between quitting and perseverance, emphasizing the sunk cost fallacy’s impact on decision-making. He also explores the significance of transparency and vulnerability in cultivating a healthy company culture. Additionally, Steven shares how personal motivations shape discipline in leadership, illustrating the power of small experiments for sustained growth.
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Building Strong Company Culture
- Clearly communicate your company's cultural values and standards to all employees.
- Defend those values, even if it means sacrificing short-term gains.
The Power of Outfailing
- Outfailing the competition is key in today's rapidly changing business landscape.
- Foster a culture of experimentation and rapid failure to accelerate learning and innovation.
The Value of Quick Experimentation
- Steven Bartlett shares a story about a father and son running competing brands.
- The son's willingness to experiment quickly led to significant growth and ultimately overtook the father's brand.