Masters of Scale with Reid Hoffman
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How do companies grow from zero to a gazillion? Legendary Silicon Valley investor / entrepreneur Reid Hoffman tests his theories with famous founders. Guests include Facebook’s Mark Zuckerberg & Sheryl Sandberg, Netflix’s Reed Hastings, Google’s Eric Schmidt, Spanx's Sara Blakely. With original music and hilariously honest stories, the show sounds like nothing you’ve ever heard. Masters of Scale is a WaitWhat original series in association with Stitcher.
||CleanLet Fires Burn — with Gixo's Selina Tobaccowala||If you try to put out every fire, you’ll only burn yourself out. The best entrepreneurs? They let fires burn. Knowing which problems not to solve is just as critical as knowing which problems must be solved. You won’t have time to sit down and assess every blaze burning around you. And good luck ranking your startup’s problems from most to least severe. The reality is problems flare up unexpectedly and on a daily basis — yesterday’s whisp of smoke might be today’s five-alarm fire. So you have to conserve energy for the biggest blazes, and learn how to sleep easy while other fires smolder around you. That means you can ignore emails, tolerate buggy code, risk server outages and even ignore customers until their complaints hit fever pitch.||7/18/2017||Free||View in iTunes|
||CleanThe Next Silicon Valley Is...? With Endeavor's Linda Rottenberg||What’s the secret to Silicon Valley? And can any other region nurture such a thriving startup scene? Linda Rottenberg, CEO of Endeavor, makes the case that a startup culture can be nurtured almost anywhere, so long as you have the raw ingredients — namely, a few initial entrepreneurs with access to capital and a willingness to pay it forward. Bear in mind that Silicon Valley is so much more than an archipelago of thriving tech companies. It’s actually an ecosystem — one that’s deeply interconnected and self-reinforcing. Silicon Valley companies constantly swap talent — investors, entrepreneurs, hackers and managers — as they grow from seedlings to huge proportions. And any up-and-comer would have to do the same. Today, no region can match Silicon Valley’s collective wisdom for scaling a business. But — from Buenos Aires to Boston, Tel Aviv to Shenzen — there are fledgling startup scenes that could ultimately give Silicon Valley a run for its money.||7/11/2017||Free||View in iTunes|
||CleanBonus Episode: The Ten Commandments of Startup Success||Guest host Tim Ferriss shares advice you’ll will want to etch into stone: the Ten Commandments of Startup Success. We teamed up with Tim’s eponymous podcast, the Tim Ferriss Show, to bring you this special remix of actionable lessons from every episode of Masters of Scale, Season One, including previously unaired insights from Airbnb’s Brian Chesky, Facebook’s Mark Zuckerberg and Endeavor’s Linda Rottenberg. Tim is an accomplished speaker who’s given multiple TED Talks and author of The 4 Hour Work Week. He’s masterful at extracting tips, tricks and lifehacks for busy entrepreneurs.||7/4/2017||Free||View in iTunes|
||CleanNetflix's Reed Hastings in Culture Shock||I believe strong company cultures only emerge when every employee feels they own the culture — and this begins even before the first job interview. CEO Reed Hastings has built an adaptive, high-performing culture at NetFlix by being unabashedly upfront about who they are and who they aren’t. The company’s famous “culture deck” offers a 100-slide description of how NetFlix sees itself — not a “family” but a high performing sports team. It won’t appeal to everyone — and that’s the point. If you can define your culture tightly, while also resonating deeply with a diverse group of employees, you have a winning formula.||6/27/2017||Free||View in iTunes|
||CleanGrit Happens with Crisis Text Line's Nancy Lublin||To succeed, entrepreneurs need a good idea, timing, money, luck. But more than anything, they need grit. Don’t confuse grit with sheer persistence; it’s not about charging up the same hill, again and again. The sort of grit you need to scale a business is less reliant on brute force. It’s actually one part determination and one part ingenuity — the ability to generate an endless supply of Plans B. And Nancy Lublin has a boundless supply of grit, which fueled her success scaling three successful not-for-profits: Dress for Success, DoSomething.org and Crisis Text Line. With practical wisdom and wicked humor, she shares the innovative approach to technology, financing, volunteers and staff development that have given her organizations such scale. If you think the for-profit world has a monopoly on scale thinking, think again.||6/13/2017||Free||View in iTunes|
||CleanGoogle/Alphabet's Eric Schmidt in Innovation = Managed Chaos||Google has succeeded by innovating again and again. Not just search, but Gmail and Google Docs and even self-driving cars. Their secret? They don’t tell their employees how to innovate; they manage the chaos. Eric Schmidt—CEO of Google since 2001 and now Chairman of parent company Alphabet—shares the controversial management techniques he created to cultivate an environment of free-flowing ideas plus disciplined decision making that lead to breakthrough ideas. He reveals the hidden secret in Google’s famous “20% time” policy, their approach to hiring smart creatives, and the parallels between leading Google and piloting small airplanes. Plus, his “roommate” at Google, and the decision he made to support a crazy idea that he was certain would bankrupt the company.||6/6/2017||Free||View in iTunes|
||CleanFacebook's Sheryl Sandberg in Lead, Lead Again||In just 6 years, Facebook grew to 2 billion users and 14,000 employees. How? Well first, they hired COO Sheryl Sandberg. And she knew that to lead a fast-changing organization, you have to be as skilled at breaking plans as you are at making them. Great scale leaders know how to pivot. Every day, there are new competitors, new threats, new opportunities. There’s no simple, straightforward set of marching orders. It’s more like a dogfight. You and your team will be flying upside down and at an angle sometimes. Sandberg shares her practical, tactical on-the-ground lessons she learned at both Google and Facebook — everything from hiring people for roles that never existed before, celebrating birthdays for an enormous team, and navigating make-or-break crises as a management team. She also reveals the slow, professional courtship of Mark Zuckerberg.||5/30/2017||Free||View in iTunes|
||CleanFacebook's Mark Zuckerberg in Imperfect is Perfect||If you’re Steve Jobs, you can wait for your product to be perfect. But there are almost no Steve Jobs’ in the world. For the rest of us, If you’re not embarrassed by your first product release, you’ve released it too late. Imperfect is perfect. Why? Because your assumptions about what people want are never exactly right. Most entrepreneurs create great products through a tight feedback loop with real customers using a real product. So don’t fear imperfections; they won’t make or break your company. What will make or break you is speed. And no one knows this better than Facebook’s Mark Zuckerberg. He shares the origin story of his famous mantra, “move fast and break things” and how this ethos applied as Facebook evolved from student project to tech giant.||5/24/2017||Free||View in iTunes|
||CleanBeauty of A Bad Idea — with Walker & Company's Tristan Walker||The best business ideas often seem laughable at first glance. So if you’re hearing a chorus of “No’s” it may actually be a good sign… Google, Facebook, LInkedIn, Airbnb — they all sounded crazy before they scaled spectacularly. So don’t be discouraged by rejection. Instead, learn to hear the nuance between the different kinds of “no.” That’s what Tristan Walker did. After stints at two successful startups, he launched out on his own with Walker & Company, makers of the Bevel razor — and learned to navigate the entrepreneurial minefield of investors who may or may not share your vision.||5/17/2017||Free||View in iTunes|
||CleanThe Money Episode — with Minted's Mariam Naficy||Think you've raised enough money for your startup? Think again. You have to run through a minefield of unexpected expenses as an entrepreneur. And you never know where the big opportunity will come from. So always, always raise more money than you think you need. Mariam Naficy shares her white-knuckle experiences founding startups that survived two financial crashes — online cosmetic company Eve.com in the 90s, and founder and designer boutique Minted.com today.||5/10/2017||Free||View in iTunes|
||CleanAirbnb's Brian Chesky in Handcrafted||If you want your company to truly scale, you first have to do things that don't scale. Handcraft the core experience. Get your hands dirty. Serve your customers one-by-one. And don't stop until you know exactly what they want. That's what Brian Chesky did. As CEO of Airbnb, Brian’s early work was more akin to a traveling salesman. He takes us back to his lean years – when he went door-to-door, meeting Airbnb hosts in person – and shares the imaginative route to crafting what he calls an "11-star experience.”||5/3/2017||Free||View in iTunes|
||CleanComing Soon: Masters of Scale||Coming May 3rd, Reid Hoffman, legendary Silicon Valley entrepreneur and investor, explains how famous founders take their companies from zero to a gazillion. In this trailer for Season One, a taste of this straight-from-Silicon Valley podcast.||4/18/2017||Free||View in iTunes|
Super excited to hear how CEOs of the largest companies in the world approach achieving scale for their companies. Heard a preview and the insights were brilliant and applicable to companies at all stages. The host's theories make you re-examine conventional wisdom about how to grow a company and the interviews feel fresh.
The Best of the Best!
Reid Hoffman is the best of the best, teaching us how to become better at starting things!
He dispels the myth of the over-night success and shows how scrappy, normal, and unremarkable entrepreneurs use simple principles to make weird ideas into multi-billion dollar companies.
1. Do things that don't scale.
That's the first principle that he illustrates with Bryan Chesky, CEO of Airbnb.
These principles seem to be taken out of the Y-Combinator (Paul Graham) playbook, but I hope Reid Hoffman throws in some of his own insight, like an interview with Jeff Weiner of LinkedIn, on Compassionate Management and how codifying vision, mission, and values is essential to scaling a startup!
I can't wait to hear more!
Great first episode
I just listened to the first episode with Chesky and loved it. I'm also currently reading Upstarts so it kind of goes hand in hand. I'll definitely be back to relisten to this episode and future episodes.