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My First Million cover image

CEO Lessons: Bulls**t Mission Statements, Firing People & Saying ‘NO'

My First Million

NOTE

The Art of Making Big Bets and Prioritizing Goals

I create a 'big bets' list every year for my business. It's a way for me to prioritize what we should focus on and what we shouldn't. I write down the bets we're making and the things we're not going to do. Then, I share this list with my team and make it memorable for each person. It's a shortcut to management and helps everyone stay focused on the top priority. It's a funny and effective approach that Peter Teal also used at PayPal.

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