The Value of Feedback
Founder's Journal
Morning Brew
4.8 • 1.1K Ratings
🗓️ 28 April 2021
⏱️ 11 minutes
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| 0:00.0 | What's up everyone? This is Alex Lieberman, co-founder and executive chairman of Morning Brew. |
| 0:05.1 | Welcome back to Founders Journal, my personal audio diary where I give you the business builder, |
| 0:10.8 | the tools you need to think better in order to build better, whether that's building a business, |
| 0:15.7 | a team or a new product. Ever since my first job in finance, I have been obsessed with the value |
| 0:24.2 | of feedback. And that's because in this first job that I had, I literally never got it. |
| 0:30.4 | Maybe it was just my manager's shortcomings or maybe it speaks to finance's long history |
| 0:36.0 | of expecting its workers to just figure it out. But in one and a half years of working in finance |
| 0:41.9 | after college, I received feedback once, literally just once. One time at the six-month mark of my job, |
| 0:50.4 | my manager pulled me in and conducted a formal feedback session. And all they ended up having to |
| 0:56.2 | say was, it's too soon to know whether you're doing a good job or not. From that point on, |
| 1:02.3 | I made it my mission to better understand how to give and how to get feedback. So today, we're talking |
| 1:08.7 | feedback. It is one of the most important activities to help a professional grow, yet most people suck |
| 1:15.8 | at giving it. It's time to change that. Let's hop into it. If you want to commit to giving great |
| 1:22.0 | feedback, you need to understand why it's so important. Here's how I think about it. Throughout |
| 1:26.8 | our lives, we have teachers. In school, my stats teacher taught me the principles of statistics |
| 1:33.2 | and then tested me on how I could apply those principles through tests and assignments. In life, |
| 1:39.1 | my parents taught me the principles of living a well-valued life by reinforcing my good behaviors |
| 1:45.4 | like holding the door for someone or saying thank you when complimented and they corrected my |
| 1:50.7 | behaviors that went against the values that they taught. Work should be no different. Being a student |
| 1:56.0 | never stops and your manager should be your best teacher guiding you through work in a way that |
| 2:01.7 | makes you the best version of yourself. If they can do this, not only will you realize the value |
| 2:07.6 | that they provide, but you'll also optimize the value that you give to your company. As a manager, |
... |
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