A founder's real boss is their customer base. While keeping a board happy is important, some CEOs become so consumed with managing up that they lose sight of the product and customer needs, ultimately driving the company off a cliff despite running perfect board meetings.

Frontline employees have the most information about customer needs, while leaders have all the authority. To deliver exceptional service, empower the people interacting with customers to make decisions in the moment. This closes the gap and allows the organization to be truly responsive.

A GSB receptionist's casual chats with alumni revealed the program's long-term "fine wine" value—a strategic insight that formal surveys often miss. This shows how empowering frontline employees to listen can uncover profound user truths.

A new CEO’s first few months are best spent gathering unfiltered information directly from employees and customers across the business. Avoid the trap of sitting in an office listening to prepared presentations. Instead, actively listen in the field, then act decisively based on those firsthand insights.

Brainstorming cannot reveal the true friction in your customer experience. Following JetBlue's example, leaders must regularly become their own customers. This practice uncovers how high-level decisions inadvertently create flaws in the customer journey that are invisible from the boardroom.

Effective leadership in a fast-moving space requires abandoning the traditional org chart. The CEO must engage directly with those closest to the work—engineers writing code and salespeople talking to customers—to access unfiltered "ground truth" and make better decisions, a lesson learned from Elon Musk's hands-on approach.

To build a loyal and effective team, leaders should constantly make "deposits"—helping employees advance, improve, and do their jobs. This builds goodwill, so when a leader needs to make a "withdrawal" by asking for something, the team is happy to oblige. This applies to customers, employees, and government stakeholders alike.

Culture isn't created by top-down declarations. It emerges from the informal stories employees share with each other before meetings or at lunch. These narratives establish community norms and create "shared wisdom" that dictates behavior far more effectively than any official communication from leadership.

Aravind Srinivas maintains a close connection to his users by personally using Perplexity for at least 10 queries a day and actively participating in customer support. He believes this is essential for a CEO to truly understand user frustrations and make sound product decisions.