Copy
6 critical insights about some of the most deadly pitfalls that business leaders face — at all stages of scale.

Your path to scale is littered with all kinds of deadly traps. And many leaders only learn about these traps the hard way: by falling into them. 

On today’s Masters of Scale, you'll hear from scale leaders who've encountered these traps, learned from them, and propelled themselves beyond them. You’ll hear stories from Uber’s Dara Khosrowshahi, Ariel Investments’ Mellody Hobson, Union Square Hospitality Group’s Danny Meyer, LinkedIn’s Jeff Weiner, and more.

These are 6 critical insights about some of the most deadly pitfalls that business leaders face — at all stages of scale.

This week’s featured episode:

6 leadership traps and how to avoid them

For entrepreneurs and business leaders, the path to success is littered with traps. In this special episode of Masters of Scale, we go into the trenches with leaders from Uber, LinkedIn, Google and more for inside stories on how to identify, decode, and surmount unexpected pitfalls — from organizational jams to overcommunication, from bloated meetings to bungled succession planning. Learn how to get out of, and avoid, these traps, for yourself and the entire organization.

Listen now
From today’s episode:

Trap 1: Organizational jam

No one likes bureaucracy. But every organization has its own rules and culture. Ideally these help us lean into our strengths and maximize our advantages.

Sometimes, though, things can get so jammed up with processes and rules that rigor mortis sets in, and it gets difficult to get anything meaningful done.

Trap 2: Being a bullhorn

All good leaders know the importance of communication. However, it can be hard to realize how your attempts at communication are perceived by different stakeholders, employees at different levels of seniority, and across different company cultures.

In the worst cases, you may actually be causing problems with your eagerness to communicate. The more you talk, the less you may learn about the people around you.

Trap 3: Bloated meetings

This is one of the more obvious traps — meetings that eat up the day and leave precious little time for actually running your business.

And this is a dangerous trap because time is our most precious resource. So how do we make meetings more worthwhile and effective?

Listen to today’s episode to find out how to tackle these 3 traps — and more.

Action Item: Build your PB&J rubric

This Action Item is inspired by Marissa Mayer's story in today's episode about fighting through bureaucracy at Yahoo.

Here's how it works:

Go to your email, and compose a new message. Subject: PB&J.

In the body of the email, write: “I’m asking you to send me one process, bureaucracy, or jam that you run into here at the company that doesn’t make sense to you. And then, propose one solution. I’ll compile these answers and report back next week.”

You can take a moment to make this message your own, but we strongly encourage you not to add too much. This is a fast exercise, so the messaging around it should be fast too.

Send this email to your core team, or take a page from Marissa and send it to everyone at the company. Once you’ve sent the email, give yourself a week to collect the answers and share them back to your team. Any solution that seems like a good one – go ahead and implement it! Move like a Red Tape Machete and set your team free to run.

New Rapid Response episode!

Rapid Response: Finding untapped value in multicultural consumers, w/Blavity CEO and AfroTech founder Morgan DeBaun

While media companies from CNN to Buzzfeed and Vox have faced layoffs, one digital network focused on Black millennials has continued to forge ahead. Morgan DeBaun, CEO of Blavity, which reaches some 100 million users through brands like Travel Noire and Afrotech, has defied the odds — repeatedly. Morgan’s experience offers lessons about financial discipline and focused patience, as well as the untapped value in multicultural consumers. An adviser to big companies like American Airlines and an advocate for the Black tech community, Morgan illuminates how openness and opportunity reinforce each other, for enterprises at all scales.

Listen now
THIS WEEK: Register for a live Strategy Session with Reid!

Don't miss your chance to register for a live Strategy Session with Reid Hoffman and the Masters of Scale community this Thursday, January 26 at 3:30 pm PT / 6:30 pm ET.

During this interactive virtual event, we'll cover the most top-of-mind topics today's entrepreneurs are facing – including how to communicate with your team, your customers, and the market as your business changes and scales.

If you register now, you'll have a chance to submit your own question directly to Reid.

Register Now

This Strategy Session is presented in alliance with Capital One Business, and is part of a 6-part series for 2023. By registering, you'll not only receive the link to join on January 26 but you'll also automatically get registered for the remaining sessions in the series. Attend every session to hear unique, timely insights with different topics each month.

Instagram
LinkedIn
Twitter
Facebook
Did you try the PB&J exercise? How did it go? Let us know at hello@mastersofscale.com.
If it’s useful — forward it to a friend. (We appreciate you!)

Add us to your address book to ensure weekly delivery

Copyright © 2023 WaitWhat. All rights reserved.

Our mailing address is:
Wait What Inc.
393 Canal St., # 229
New York, NY 10013

Thanks for subscribing to receive insights from Masters of Scale. We love hearing from you. Get in touch at hello@mastersofscale.com.

Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list.