Principle 2 on how to think like a VC: Maintain a Hands off Execution Approach

Corporate execs by their very nature are used to managing teams, but when it comes to innovation, they have to let you and your people execute the vision without too much in the way of interference. You know, this border dealing with what is hopefully or will be a vast portfolio of ideas, and there's just no time for micromanagement. And look, philosophically, they also need to maintain emotional distance from the projects that you're working on Otherwise, it's going to be really, really difficult for them to make the objective decisions that they need to make about which ideas to kill and which ideas to fund. You know, VCs don't involve themselves in the day-to-day operations of their portfolio companies. You know, if they do, then something has gone very, very wrong. You know, they trust the founding teams, in this case you, to execute the vision. And then you really step in for, you know, strategic guidance, resource allocation, and this same Detachment that I'm talking about is super important if your board is going to be successful.