Jensen Huang built Nvidia by creating a culture where employees became wealthy. He praises and criticizes publicly, skips one-on-ones with top performers, and uses a "top 5" email to spot trends that led Nvidia's AI bet.
This CEO has turned the most amount of employees into billionaires. I've created more billionaires on my management team than any CEO in the world. I'm talking about Jensen Huang from Nvidia. 78% of his employees are millionaires and his company has surpassed $5 trillion in market cap, and it's considered one of the best-led companies in the world. I'm going to give you a couple of principles that he uses that maybe will help you grow individually or help your business. Lesson number 1 here, when it comes to feedback, the old saying is you want to criticize in private, you want to praise in public. Jensen's style is a little different. Jensen focuses on, yes, praise in public, but he also criticizes in public too. The reason behind that is that if a company made a mistake already, the company had to pay for it. Everyone should learn from that. Number 2, he doesn't do one-on-ones. Now, this has a little caveat because the 60 people who report to him, these are the best people in the world. We're talking the best researchers in the world, the best engineers in the world, and they don't need management. His thinking is if they're the best in the world, they don't need this type of stuff. They're already so far in their career. The 3rd thing is that he has the top 5 email that he has all of his employees fill out. And this is where people are talking about what they're working on or what they're interested in, what trends are interesting to them. He does read them. Because of these top 5 emails, he knew to get into AI a lot sooner when the board was saying, what are you doing? A lot of people disagreed with him in the company, but he saw in how his chips were being used, and that's why he decided to bet the entire company on that. That's why it's paid off so much to make Nvidia one of the most valuable companies in the world. If you want more business tips like this, just follow.
