Most people optimize for the day ahead. A few people optimize for 1-2 years ahead. Almost nobody optimizes for 3-4 years ahead (or longer).
The person who is willing to delay gratification longer than most reduces competition and gains a decisive advantage.
Patience is power.
Our Q1 results are in:
102M nights booked
$1.5B revenue (70% Y/Y)
$(19)M net loss
$229M Adjusted EBITDA
$1.2B free cash flow
2 years ago, our business dropped 80%, our IPO was put on hold, and some didn’t think we’d make it at all.
Here’s how we turned Airbnb around:
The power of established ideas is so great that even the most independent-minded people only rarely overcome it. The difference between independent-minded and conventional-minded people is that the former see past established ideas 1% of the time, and the latter 0%.
"Give yourself space for discovery, exploration, and getting lost. To stumble on the unknowns."
@hernancarranza shares advice for leaders seeking personal growth and long-term impact in our latest podcast interview. https://t.co/wNlgqbfP8m
Product first: You start with an idea & try to make it a reality at all costs.
Business first: You start with a business strategy & try to maximize profit via prudent risks.
Lifestyle first: You start with a preferred lifestyle & try to find business activities that enhance it.
Un número especial de "Los bárbaros" (estados del amor) en Lima. Una edición de cuentos lujuriosos imperdibles, en la que participamos escritores y escritoras de toda América Latina y España.
La pueden encontrar en este link: https://t.co/1kk7ghDsSY.
Social skills contribute as much to group performance as individual IQ.
New data: team players add value in part by motivating everyone else to work harder.
The smartest individuals aren't always the ones who make the team smarter.
#MondayMotivation https://t.co/oKwFIukWXX
The best feature of Zoom meetings isn’t seeing people’s faces. It’s reading their comments in the chat.
When people write down their independent insights before discussing, we get more diversity of thought.
The loudest voice rarely has the best ideas.
#WednesdayWisdom
Things have changed.
How you respond is up to you.
Those who adapt the fastest will thrive, while those who want the world to go back to the way it was will struggle.
Many CEOs are not tellingemployees the truth right now about runway, layoffs, churn. They believe telling the truth will make employees anxious and they won’t be productive. Thats what erodes trust. Tell the truth and they may be anxious but they’ll still trust you and work hard.
The worst thing a leader can do is set a culture of “zero-tolerance” around mistakes. Mistakes are a gift. They prompt learning, performance improvement, self-reflection, & evolution. “Zero-tolerance” usually fosters a culture of fear & hiding in the name of accountability.
Before COVID-19: i was born in cities, always lived in cities, will always live in cities.
After COVID-19: i think we should move to the country side. It seems beautiful and very relaxing. I want a big garden at least.🤔
I had discussions like this with several friends by now.
Colleagues from Harvard, Warwick, Cambridge and other universities want to understand how people cope with coronavirus.
I just did the survey myself and it took me less than 10 minutes.
It is available in many languages.
https://t.co/90VXsmMLAN