If you own a business, chances are that you don’t have a lot of free time during your workday. Between meetings, client calls and reviewing financial statements, you have a wide range of responsibilities to tend to.
As the CEO of one of the most successful and well-known companies in the world, Jeff Bezos is familiar with these types of demands on a business owner’s time. In this article, the Amazon CEO revealed one rule he lives by to keep him focused and productive. He calls it the "two pizza rule."
According to this rule, Bezos says he avoids meetings with too many people. He says that a meeting should include only the necessary attendees, and it shouldn’t involve more people than two pizzas could feed.
Having fewer people, he argues, makes meetings more productive and less wasteful. It also allows the group to stick to an agenda and it facilitates innovation.
This idea of being selective in the meetings you attend and schedule can certainly be a good option for California business owners, and it can also extend to other elements of your job.
For instance, from a legal perspective, if you are involved in a dispute with a client, landlord, employee or partner, you can work with an attorney or law firm that understands the various challenges facing business owners and can help you tackle a variety of issues. Without legal guidance, you could wind up focusing on the complexities of business law and not on your actual business.
Further, you could work to make arbitration or mediation sessions as productive as possible by utilizing the same "two pizza rule". Doing so can help you reach agreements faster and be more creative with solutions. Otherwise, you could wind up involved in a nasty public dispute that opens the floodgates to unwelcome opinions and suggestions.
Keeping a business running and successful is a critical responsibility for any business owner. You can find this is far more attainable when you are not bogged down by legal demands and have the time and energy to devote to your company.