Why total transparency kills startups and how to find the right balance

I mean, there there's there's some nuance in that, though, because the the idea that you can communicate everything is wrong.

22:58 / 23:41

is a massive sort of tool that I that I use just to keep everybody on the same page. I think you can move faster by by taking a little bit more more time. I mean, there there's there's some nuance in that, though, because the

the idea that you can communicate everything is wrong. You know? Like, total transparency is isn't the right approach. And so I think the skill is in finding the right level of transparency. So by how how do you think about that? How do you think other CEOs, founders listening to this should think about determining that right level of transparency

to your different stakeholders and groups? Yeah. I I would say starting internally first. Like, every great business needs to have a real north star and clarity of vision and purpose, and I think real then clarity of what you need to deliver to get there in one year, three years, five years.

About this clip

Erin Platts explains why complete transparency isn't always the right approach for CEOs and founders. She discusses the delicate skill of determining the optimal level of transparency with different stakeholders, emphasizing that while communication is crucial for moving fast, oversharing can be counterproductive.

Why this clip

This clip offers counterintuitive wisdom that challenges the popular belief that maximum transparency is always best, providing practical guidance for CEO communication strategy.

22:58 - 23:4143stactical advice

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