1. Relationships, relationships, relationships.
2. Figure out your key metrics for success. Ravi chooses to be the happiest man on Earth.
3. You’ll know within a day if someone truly shares that genuine zest for your vision, and on that note, Akash never rehires anyone he’s fired.
4. Don’t take yourself so seriously. Your ego has to be the first thing you say good-bye to at the workplace. Find ways of channeling your ego elsewhere. Ravi drives REALLY fast and loves astrophotography.
5. Face your weaknesses, then hire folks that are smarter in those areas to fill in those gaps.
6. Always pick the “A” team first. The products will come after that.
7. There are Builders and there are Maintainers. Ravi figured out he was a builder at the age of 17. Akash is a builder that knows maintainers need to be present to keep the company going. Control freaks are sometimes necessary.
8. Build your teams and remember that the good ones worth keeping become part of your nerve system. Ravi’s been connected to his for a decade-and-a-half.
9. There’s nothing wrong with building a business without a business plan. It’s harder, but being action-oriented is better than not taking action at all.
10. Tesla’s coming out with a mass market $30K vehicle in 3 years. CAN. NOT. WAIT.
—KHN’s takeaway from bRelevant’s CURRY UP NOW gathering featuring entrepreneur Akash Kapoor and Tesla’s CIO (and intrapraneur) Ravi Simhambhatla