The book, The Venture Mindset , is all about how to make smarter bets and achieve extraordinary growth. The authors, Ilya Strebulaev and Alex Dang , explain that if any company wants to win big in competitive times, they need to think differently. They need to think like a venture capitalist (VC). “This book teaches you to spot new opportunities, nurture the right talent, foster a culture of innovation, and take calculated risks,” say Strebulaev and Dang. In their book, the authors share nine distinct principles inspired by the unique way VC’s think : Home Runs Matter, Strikeouts Don’t Get Outside the Four Walls Prepare Your Mind Say No 100 Times Bet on the Jockey Agree to Disagree Double Down or Quit Make the Pie Bigger Great Things Take Time These nine principles drive VC’s unique behaviors that have flourished in an ecosystem of thousands of startups, some of which went on to disrupt or create entirely new industries, accordi...
To help you bring out the best in your team, you need to get close and understand their skills, abilities, and motivations. So, the authors of the book, Your First Leadership Job , recommend you hold getting-to-know-you conversations with each of your direct reports. Ask these open-ended questions . Let each team member know the purpose of the meeting in advance. And, don't cheat by adding in work-specific questions. What do you enjoy doing most as part of your work? Why? What do you miss most about the jobs you've had in the past? Why? What things about your current job do you enjoy the least? Why? How do you cope with or relieve stress? To help you do your job, what could I change about: Your work environment? The content of your work? How you get your work done? What form of recognition do you prefer or not prefer? Thank you to the book's publisher for sending me a copy of the book.