Smash Notes

Back to Brian Chesky: the Hero's Journey: Part One, with Brian Chesky.

What Are the First Steps a Business Should Do in a Crisis

0. Setup a war room. Make sure that your board and executives meet on regular basis. Communicate extensively. Then, focus on the following:

1. Be decisive. 2. Preserve cash. 3. Act with all stakeholders in mind. 4. Emerge on the right side of history. 5. Play to win the next season 6. Don't trade in the future, think long-term.

Transcript

Brian Chesky: the Hero's Journey: Part One ·

Out of the Crisis

More from this episode

  1. When Did Brian Chesky Realize That Covid19 Was Hitting Travel HardIn the earliest weeks of Covid19, sometimes around March 2020, Bryan saw their user base in Europe started to shrink, an event that had not happened in the…
  2. How Can You Make Sound Decision When Everything Is FailingInstead of making decisions based on circumstances, choose a principle that will be your guiding star, and make decisions based on it.
  3. Why Did Airbnb Need to Lay People Off Despite a New Round of FundingIn the face of the crisis, it was important that Airbnb as a company was going to survive.

People

More answers like this

More with Brian Chesky

Related episodes

Plays from this note through the rest of the episode.

Note

Weekly highlights

One letter a week.

The notes worth hearing, with the minute they were said.