This guy coaches Sam Altman.
He also works with leaders at Anthropic, Google, Apple, and SpaceX.
I sat down with him to learn how he coaches billion dollar businesses.
Here are Joe Hudson’s 7 operating rules:
1. Kill your 1:1s
These meetings lead individuals to solve problems instead of the team. Much better to bring problems to the whole team so everyone feels responsible for solving them. I agree, haven’t done them for years...
2. Rotate who runs recurring meetings
When the same person always leads, people focus on pleasing or rebelling against them. Spreading the authority makes everyone accountable to the team instead.
3. Give anyone the power to change a bad meeting
Everyone already knows when a meeting isn’t working (and usually why). Giving people permission to say it makes meetings more effective.
4. Make every employee run at least 5 experiments a quarter on their own job
It makes the team more productive, keeps people interested, and helps retain smart employees who would otherwise get bored.
5. Ask your team to push back on your ideas
If you try to sell them on the idea, they may nod in the room and do nothing afterward. Asking for objections tests the idea + gets everyone aligned before you commit to it.
6. Start by building the part you understand the least
If you leave the confusing part until the end you might find out it doesn’t fit and have to rebuild everything around it.
7. End every email with an action needed
Name the person responsible, the action they need to take, and the deadline. Joe says this rule increased productivity in his business by 35 to 40%.
Thanks for coming on @FU_joehudson and sharing how you run your business.
Search “BigDeal pod” on youtube.
75M baby boomers will retire by 2030.
This is the generation that owns about 2/3 of all businesses.
I gave this speech last year answering all the most common questions people have about this opportunity — especially during an economic downturn.
I think these ideas are as relevant now as ever, so I wanted to share it with you.
Timestamps you might find most useful:
0:00 - Intro
4:30 - The Great Boomer Wealth Transfer
7:05 - We’re under attack
12:17 - The Get Rich Tripod
13:22 - Sweat equity example, from our community
15:02 - 3 ways to finance a business
18:40 - My criteria for buying a business
20:49 - How to get to the experts
22:29 - How to structure a deal
26:59 - How I got into small business (The story of Uncle Eb)
28:10 - Deal breakdown
30:16 - 5 steps to build a holdco
31:50 - How to hire operators
34:56 - What type of business to buy
39:28 - My investment memo template
44:58 - Speculators vs Investors
I just unlocked a new badge on upGrad. I am doing the Startup India Learning Program: English course with upGrad and it feels great to stay ahead of competition. You too can keep yourself future-ready at upGrad. https://t.co/If7wDiypEH #upgrad#KaamKiDegree#LifeLongLearning
It's only been 1 day of CES 2024, and the tech developments have been incredible.
The 10 most impressive reveals of CES 2024 so far:
1. The world's first transparent MICROLED screen by Samsung
If you're gearing up for that pivotal Node.js lead role, don't miss out on these essential interview questions and insights. Level up your Node.js skills and ace those interviews! 💼👨💻 #NodeJS#InterviewPrep
https://t.co/ePHlmlU4cB
4 AI tools that help speed up your tasks:
📹 Create generative AI videos with a script - @DeepBrain_ai
💻 Generative ai presentation software - @BeautifulAI_
📝 Get the most out of your meetings - @otter_ai
🤖 All-in-one AI Assistant - https://t.co/vVNLZ3ucIl
Undoubtedly, one of the finest movies of Indian Cinema through which I came to know about #NambiNarayanan, Sir. Can't express my emotions to
@ActorMadhavan
The man who is a constant source of inspiration for us. Thank you and respect to both of you sir
#rocketrythefilm