INSTANT MBA: Don't Get Ahead Of Yourself, If You're Too Eager You'll Launch Products Before They're Ready

Daniel Lubetzky Kind

Photo: Peaceworks

Today’s lesson comes from Daniel Lubetzky, founder of Kind, the snack bar maker:“Every Monday, I meet with our president, John Leahy, who has 30 years of business experience. It takes two hours, and we go over everything — finance, operations, sales, marketing, manufacturing. I hired him last February. In retrospect, I should have hired a president earlier.

I’m not a terrible manager, but my problem is that I don’t pace
myself. There were times early on when I wanted to launch products
fast, even if, say, the packaging design wasn’t quite finalised.

John just instituted a process in which every six months we examine
what worked, what didn’t, what we accomplished, and where we fell
short. It’s so simple but effective.”

 

Want your business advice featured in Instant MBA? Submit your tips to [email protected]. Be sure to include your name, your job title, and a photo of yourself in your email.

NOW WATCH: Ideas videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.