Wisdoms from HBS, LBS and YPO

1. Do not take yourselves too seriously
2. Make yourselves vulnerable
3. Take your decisions brutally and execute them with love
4. A leader must be in the middle of the pain process
5. Monitoring P&L is like driving a car by looking in the rearview mirror. Forward looking measures are more appropriate
6. Making money and doing good at the same time works
7. Your strategy is where you allocate resources not what you have on paper
8. Warren Buffet likes a company that can be run by an idiot because one day it might
9. 50%-60% of an effective GMs time is devoted to building and maintaining networks
10. With your network maintain an imbalance by exceeding the norm of reciprocity
11.The real value of a network comes from the holes
12. Use http://www.skype.com/ to communicate
13. Managers do what doctors are put in jail for: “surgery without diagnosis”
14. There is a fine line between a visionary leader and a dogmatic fool
14. If a new recruit does not impress you during the first 30-60 days you probably made a wrong choice
15. Do not recruit in your own image – you don’t need more of you!