CEO Diaries: The Mistake That Nearly Derailed MrBeast’s Entire Empire
1. Cultivate A-Player Environment
Actively surround your best employees with other A-players. Great people thrive and build off each other, leading to increased productivity, innovation, and a collective belief in what’s possible.
2. Remove Non-A Players Promptly
Identify and remove C-players, and even those who are not A-players, as they can drag down morale, make work less enjoyable, and negatively impact the overall team culture.
3. Leaders Ensure Great Colleagues
As a leader, your number one job is to ensure your great people are working with other great people. Employees often leave jobs because they dislike their colleagues, even more so than for money.
4. Hire Obsessed, Vision-Aligned Talent
Actively seek out individuals who match your level of obsession and deeply align with the company’s vision. These rare ‘unicorns’ are invaluable and should be treasured and compensated well.
5. Seek External Scaling Experience
To avoid repeated mistakes and accelerate growth, bring in experienced professionals or C-suite members who have successfully scaled businesses. Learn from their past experiences to make fewer errors.
6. Balance Systems and Creativity
When hiring experienced leaders, especially those from corporate backgrounds, ensure they can build necessary systems without crushing creativity. Prioritize individuals who value the product and innovation over mere ease of operations.
7. Avoid Decision Overcorrection
Recognize the tendency to overcorrect when identifying a problem or making decisions, swinging the ‘pendulum’ too far. Instead, aim for a balanced, middle-ground solution to avoid creating new issues.
8. Address Criticism Ethically
When facing external criticism or ‘arrows,’ approach it as a problem-solver. Identify if a genuine mistake was made and fix it, or dismiss it as a rumor if your actions were moral and ethical.