Matt Mullenweg is founder and CEO of WordPress.
- WordPress powers 26.5% of the Internet.
- Successfully runs a globally distributed company.
- To find common direction in a company, write a press release for the project just when it’s starting.
- At their annual company retreat, every person gives a five minute “flash talk”
- Travel tip – get PreCheck.
- Uses GoogleFi internationally, costs just ten dollars per gigabyte.
- With consistent Internet, work travel becomes easy.
- Does an annual blog post of what’s in his bag.
- The best way to scale an organization is good hiring.
- Vulnerability is a key to success. Especially as a leader.
- Key entrepreneurial skills – resilience, personal balance, empathy. Know at least a little of every part of your business.
- Hire people with work ethic, taste, integrity and curiosity.
- At one point Elon Musk knew nothing, but with the above 4 things he grew.
- What you hire a person for today is likely not what they’ll be doing in a few years, so hire the right people first. Is this the person you will want for a long term relationship?
- Upcoming concept – Bliki – Blog plus Wiki. A page anyone can edit, but with a moderation queue.
- Forums will change and grow soon with his lead.
- And commerce needs an update.
- When meditating and can’t settle the mind, he grabs a piece of paper and let’s himself write on the bigger issues in his life. Purge the mind and focus the thoughts.
- Meditation is developing the muscle that catches yourself before reacting.
- Pause, do nothing, have zero inputs, and just think about how that makes you feel.
- He doesn’t consider himself successful because most of his ideas still fail today.
- “It’s not how many times you fail, it’s how many times you get back up.”
- Huge companies fail all the time. Design your systems to assume failure and have contingencies.
- Most AI is marketing and vaporwear. It’s not actual AI.
- Machine learning much more promising than the ambiguous AI.
- Using machine learning to help their customer support team with responding to customer.
- He he was starting over professionally, his first step would be to get a job surrounded by a great group or a company he’s interested in. Learn from them.
- You never want to be the best musician in a band, because you don’t have anything to learn from anyone.
- If he was starting it all over, he would look for an area that was hot 3-5 years ago, but no one is talking about now. Invest in that.
- The Internet is tiny compared to what it will be soon. What will living digitally look like?
- Payment systems will need to change.
- As humans we’ll need to develop antibodies to disengage from technological addiction. We’re up against machine learning, that understands our behavior better than we do.
- Boot camps prepare coders much better than universities and colleges do today.
- To get experience and show it, if you don’t have coding work experience, contribute to the open source project.
- Use open source to show your real work and collaboration with people.
- Web developer demand will grow. The basics of web development to require less technical knowledge, but more sophisticated coders are becoming required for the new challenges beyond.
- Recognition and prizes make him work harder. If the world has given him something, he wants to give back ten times that.
- Pomodoro technique – schedule mandatory breaks in your work. For him it’s 55 minutes on, 10 minutes off.
- Having a technique or routine will help you get through ruts.
- Technical problems are challenging but can be persevered. Human interaction is much harder.
- Matt Mullenweg Morning routine – read 30 minutes, take supplements, basic exercise, stretches, meditates for ten mins using Calm, blog. That’s a perfect morning.
Buy Tim Ferriss’ latest book, Tools of Titans.
Also published on Medium.
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