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As Airbnb scaled, Brian Chesky experienced a profound leadership challenge: "You go on a rocket ship and you're alone in that rocket ship. It's lonely because your co-founders start working for you, and you hire executives who are more experienced." This transition eroded the company's original operating principles:
Chesky admits: "The bigger we got, the more I lost my confidence. I was seeking advice when I should have listened to myself." This drift created what he now calls "manager mode" – where leaders become disconnected from core operations.
When COVID-19 devastated the travel industry in March 2020, Chesky received a pivotal call from board member Ken Chenault (former American Express CEO): "This pandemic is 10 of them [referring to 9/11-scale crises]. This is your defining moment as a leader."
The crisis created three critical conditions for transformation:
"I made what felt like five years of decisions in three months," Chesky reflects. The crisis eliminated organizational resistance to fundamental change.
Chesky defines founder mode as returning to first-principles leadership:
Leadership is presence, not absence. Reject conventional wisdom that CEOs should delegate vision. "The right way is one way – the founder's way."
Operate like a giant startup: small teams, deep involvement in work details, and daily creative collaboration rather than hierarchical approvals.
Chesky implemented two structural changes:
"If you have infinite time, all employees would report to you. Since that's impossible, skip-leveling is essential to understand reality," he explains.
Chesky argues founder-led companies outperform because:
Founder Mode | Professional Management |
---|---|
Direction through daily vision-setting | Vision as periodic pronouncement |
Hands-on problem solving | Delegation without oversight |
Speed through alignment | Slowed by negotiation layers |
This approach proved critical in the pandemic rebound: "We went from 'is this the end of Airbnb?' to a $100 billion IPO by rejecting professional management orthodoxy."
Chesky sees founder mode as essential for modern companies:
He concludes: "Great companies are defined by crises. But you shouldn't need a once-in-a-generation pandemic to rediscover founder mode. The most valuable companies globally demonstrate this principle consistently – it's about maintaining founder instincts at scale."