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20VC: Flexport's Ryan Petersen: Reflections on Leadership from 13 Years Leading Flexport, Why Velocity not Speed is Most Important in Company Building, How Money Creates Inefficiencies in Scaling, The Future of Trade with China & Why Remote Work is so Cha
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
Velocity > speed
Velocity, not speed, is crucial as it involves moving in the right direction. In a chaotic world like logistics, being able to change direction without losing speed is essential. It's important to recognize when you are heading in the wrong direction, which requires agility and leadership. Jeff Bezos's concept of one-way and two-way doors highlights the importance of being able to move fast and make mistakes that can be corrected easily. Decisions that are irreversible should be carefully considered, while being agile and adaptable in decision-making is crucial for navigating the ever-changing world.
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