How Mercado Libre built Latin America's most valuable company: 18k engineers, 30k deploys a day, and their own fleet of planes | Sebastian Barrios
1. Embrace World’s Malleability
Recognize that life and the world are malleable and not set in stone, empowering you to challenge existing norms, change what you want, and actively pursue your goals.
2. Cultivate Agency for Goals
Cultivate a strong sense of agency, combining curiosity with the drive to actively pursue and achieve your goals, rather than passively waiting for things to happen.
3. Develop Extreme Independence
Train yourself to be intensely independent and capable of handling any situation, actively solving problems and getting things done, rather than relying on others.
4. Follow Your Curiosity
Follow your curiosity and what excites you in life and work, as this naturally aligns with what you’ll be good at and passionate about, making it easier to excel.
5. Prioritize User Experience
When evaluating new features, prioritize the user experience and understanding how users will interact with the product, as putting users first ultimately leads to long-term revenue.
6. Empower Teams to Take Risks
Foster a culture where teams are empowered to take risks and make mistakes on what they work on, as long as it’s not due to bad quality or system outages, encouraging bold visions.
7. Live Company Culture
Ensure that company culture, especially around acceptable failures and risk-taking, is demonstrated and lived by the leadership team through their actions, performance reviews, and public praise.
8. Prioritize Technical Skills in Hiring
When hiring, prioritize deep technical and engineering skills, testing for product inclination but maintaining a strong bias for technical depth, ensuring a team capable of understanding and building complex products.
9. Delegate with High-Level Objectives
Provide teams with high-level, non-long-term objectives and areas to explore, then grant them freedom and responsibility to decide what to work on, trusting them to align with the main company vision.
10. Maintain Skepticism & Deep Research
Approach new trends with skepticism, conducting deep research into fundamentals and understanding real-world business applications and scale, to avoid hype cycles and make pragmatic decisions.
11. Leverage Internal AI Platforms
Build internal development platforms that abstract away complexities like data access and authorization, enabling AI agents to combine existing microservices and create new features with a UI without writing new code.
12. Conduct Candid Product Reviews
Regularly conduct design and product reviews where the leadership team provides extremely candid and honest feedback on what’s working and not working, while maintaining a cordial work environment.
13. Adopt High-Performance Team Mindset
View your team as a high-performance sports team, clearly distinguishing between having fun and focusing on work performance, where results are transparent and openly discussed.
14. Observe Users for Insights
Prioritize observing users during user research sessions to understand their actual behavior and pain points, as this often reveals more valuable insights than directly asking them what they want.
15. Send Weekly Updates
Send a weekly email to your boss or executive team detailing what you got done, important happenings, new releases, and any blockers, which helps track progress and frees up meeting time.
16. Limit News & Social Media
Avoid traditional news and excessive social media, instead relying on curated sources like X (Twitter) for important updates and focusing on reading, to avoid the negative bias of traditional news.
17. Drink Only Water
Drink only water and avoid alcohol, coffee, tea, and juice, as this can contribute to good sleep and a preference for not altering one’s brain with stimulants.
18. Work in Silence
Work in silence, especially when programming, to enhance focus and concentration, as a personal preference.
19. Engage in Hands-on Building
Engage in hands-on “hacker projects” and “maker things” to build both digital products and physical objects, fostering creativity and a love for creation.