Life is too short to make all our mistakes ourselves. So we should be learning from other people's failures as well.
Building a meaningful career | Jason Shah (Airbnb, Amazon, Microsoft, Alchemy)
September 18, 2022
Featuring: Kunal Shah (CEO and founder, CRED)
15 quotes · 13 insights
Watch Full EpisodeYour hardest struggles become your greatest teachings
The biggest curse of successful parents is that that's the only gift they'll not be able to give to their kids, the gift of struggle that they had.
CEO growth must outpace company growth
Companies that are very, very good at zero to one will not naturally become great at 10 to 100. The founder has to evolve.
Context makes the irrational rational
No Indian has ever been paid an hourly salary in their entire life. The concept of time is not the same.
Career success starts with self-knowledge
Every book you read makes your brain poorer to read the next book. That's the purpose of books.
Founder mode is no excuse for poor management
A lot of CEOs have done well because they follow the 'dharma' of the founders quite well. These are the principles that were given to me and I'm going to sustain this and make it even bigger.
Disruptive ideas look like toys until they transform everything
To me, wealth is nothing but information asymmetry. All the best companies in the world have unfair information asymmetry.
Learn from success, not just failure
Life is too short to make all our mistakes ourselves. So we should be learning from other people's failures as well.
Embrace being a professional idiot - ask the dumb questions
A curious person is somebody who is constantly demonstrating that they are not proud of their expertise, and they will demonstrate extraordinary amounts of excitement when they face a problem which they have no clue how to solve.
Efficiency is maximum output from minimum input
The beautiful definition of predators I read was 'one who burns the least amount of calories to earn the most amount of calories.'
AI is reshaping everything - adapt urgently or become obsolete
The largest employer of the world is 'inefficiency', and if you take that away too quickly, we'll have a very, very jobless world.
Clear thinking shows up in clear writing
Second order thinking is known to be the most powerful trait to predict the success of somebody.
Markets have unique cultural rules
Focus is a curse in Asian markets. In low trust markets, there is concentration of trust, and therefore you will see one app can do 400 things.
Profit pools of a country tell you a lot about what the country values. Trying to copy somebody else's profit pool to your country will not be a wise idea.
Unit economics are the real PMF test
You cannot make $100 per user from a country when their income is let's say $2,500 per year as an average for the whole country.