From 600+ conversations with the world’s leading thinkers.
One of the key things to look out for is the centralisation of power – in most of the places we see conflict, there is highly centralised power, and often few checks and balances on whoever is in control. Unchecked interests can lead people to ignore the costs of war.
Empowerment means we are able to sustain hope in a situation that may – to many outsiders – look hopeless.
If I acted 8 years ago how I do today, I wouldn't have lasted 5 minutes in the business. If I acted today how I acted 8 years ago, the business wouldn't be where it is today. Entrepreneurs and founders have to learn to be the most adaptable people in their business- that's really important – otherwise, the business will outgrow the founder, or the founder will cause the business to stagnate or slow.
Work is not the be-all and end-all for me. It never has been. My family is the most important thing to me, and I talk a lot about that to my employees. It actually makes you a better employee if you have your balance right between work, family, passions, studies, all those things.
Even if it's not your mistake, it could still be your responsibility. That's one element of maturity – owning up to things even when they weren't caused by your actions. What you should truly be striving for as an entrepreneur is creating new standards of success, redefining what success means beyond monetary wealth.
Entrepreneurship is the relentless drive to carry-on, no matter what. Entrepreneurship is tolerance, focus and dedication. Entrepreneurship is this 'true north' belief that whatever this 'thing' is that you want to bring to culture, that you will see it through… and that you are the one here to usher it into existence.
It's so important to be curious, and to have young people around you. These sources of inspiration can help you modify your vision, take different approaches, and make better business decisions.
The only real competitive advantage that's durable is cost and innovation – as long as innovation happens along the trajectory that takes into account stakeholders, not just shareholders. Your customers, employees, shareholders, and communities in which you operate are all stakeholders. If you innovate, you need to think about all these groups – and then, guess what, the shareholders will benefit.
Current statistics indicate that 1 in 3 managers grapple with exhaustion, stress, and mental health challenges. If leaders themselves are struggling, how can they effectively support their teams? It's crucial for leaders to prioritize self-care.
The idea that you will sit down with someone who's had 30 or 40 years of lived experience and then somehow get them to change their mind in one sitting is implausible.
Training helps you turn fear from something that paralyses you or makes you flee into something that spurs you to take the right decisions in very difficult situations.
We need to shift our thinking about what government does, and what civil servants do, away from this relentless focus on policy and ideology and onto project management and problem solving.