Elon Musk's 6 business principles
Reportedly Elon Musk sent an email to the staff at Tesla with His six rules for productivity.
Unsurprisingly, it leaked.
Here they are:
1) Avoid large meetings
Large meetings waste valuable time and energy.
- They discourage debate
- People are more guarded than open
- There’s not enough time for everyone to contribute.Don’t schedule large meetings unless you’re certain they provide value to everyone.
2) Leave a meeting if you’re not contributing if a meeting doesn’t require your:
Your presence is useless.
It’s not rude to leave a meeting.
But it’s rude to waste people’s time.
3) Forget the chain of command
Communicate with colleagues directly.
Not through supervisors or managers.
Fast communicators make fast decisions.
Fast decisions = competitive advantage.
4) Be clear, not clever
Avoid nonsense words and technical jargon.
It slows down communication.
Choose words that are:
- To the point
- Easy to understand
Don’t sound smart. Be efficient.
5) Ditch frequent meetings
There’s no better way to waste everyone’s time.
Use meetings to:
- Attack issues head-on
- Solve urgent problems
But once you resolve the issue, frequent meetings are no longer necessary.
You can resolve most issues without a meeting.
Instead of meetings:
- Send a text
- Send an email
- Communicate on a discord or slack channel don’t interrupt your team’s workflow if it’s unnecessary.
6) Use common sense
If a company rule doesn’t:
- Make sense
- Contribute to progress
- Apply to your specific situation
Avoid following the rule with your eyes closed.
Don’t follow rules. Follow principles.
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