YES or NO? Decide quickly and in time!
November 26th, 2024 • Zdena Macháčková
Reflex Capital → Blog → Loyalty Better than Skills?
I just finished reading of article by manager, who says he works for Elon Musk, but in fact he works against him! I find it disgusting. Anonymous well poisoner.
Tesla is in war time, billions of dollars are working against its success. War generals must have 100% loyalty of their men and must sacrifice all those who work against them. Moreover, what a general! This one is not hidden in insulated headquarters, he fights right in the middle of the battlefield. He works long hours with his men and sleeps at the factory, if need be. In his 46 years, wow. He also does mistakes. The image of him puffing pot was a mistake. But who does not do mistakes? Only he, who does nothing. Are the critics vowing for the prototype of the grey-hair CEO, only seen in boardrooms with mouthful of nicely rehearsed but empty phrases? He, who is so afraid of making a mistake, that he makes nothing?
A CEO who is focused on winning the war, must build his team on people he can trust. Who are loyal to him and are not bravo soldiers who would trade him in if they see it worth. Of course – building a management upon people whose only qualification would be worshiping their leader wouldn’t work. However, still better than having frenemies there – people, that work against their leader.
Did we put our money where our mouth is? Oh yes. More than €3 million worth of confidence in Elon Musk and the leadership style he represents.
Here is the article.
November 26th, 2024 • Zdena Macháčková
April 29th, 2024 • Ondřej Fryc
I’m not gonna pretend anything, I was trapped too. It felt good to have our company and myself in the media! It boosted my ego, which grew. There are some people who don’t have that, but I see it in most founders around the age of 30 and let’s be honest – everyone is a bit of a narcissist.
April 20th, 2024 • Eduard Míka
It is said that creativity, innovation and entrepreneurship are the engines of economic development and the future prosperity of any country depends on them. In all neighboring countries, this seems to be the case, but not here.
April 10th, 2024 • Eduard Míka
Every investment transaction is essentially a bet on the person of the founder and their vision. There is usually nothing else in a startup.