Tell them what to do. Check that’s been done. Tell them what to do next. Leadership 101 right there. A fine recipe if you want to run a mediocre company with eight or ten B level players that constantly tap into your managerial bandwidth and cripple your capacity to achieve accelerated growth. An outdated paradigm for any SaaS founder with more ambitious plans to scale. For that SaaS founder, I offer a major upgrade from the “transactional leadership” approach.
We’ve all suffered through it. The end-of-year Zoom call where the fearless founder, likely fueled by a few craft beers, starts riffing off bold projections for the upcoming year. “We’re gonna crush it” “We’re gonna change the game” “2x… 5x… 10x” You get the idea ;-) I’m all for setting ambitious goals, and have crazy amounts of respect for any founder audacious enough to pursue them.
You can have the best product in the world. The best plan in the world. And the best team in the world. But if *this* entrepreneurial beast rears its head in your life and business -- you’ll still risk having the entire thing burn to the ground with little to no warning. We’re talking about entrepreneurial burnout and overwhelm.
“How’s your company doing?” It’s a simple question. Yet one that freezes so many SaaS founders in their tracks. Why? They have no freakin’ clue how to answer it. Do you mean churn? Do you mean new leads? Do you mean expansion revenue?
If you run a small team of just 5 employees/co-founders… Your weekly meetings are likely costing you well north of 50k/year. Simple math… … average hourly rate x number of people x 52. That’s how much you’re spending to run your weekly meeting.
Today I’m gonna talk about this super advanced technology that any founder can use to boost their energy, be more productive, and crush their workday. It’s not a state of the art nootropic. It’s not bulletproof coffee with heaping scoops of grass fed ghee. It’s your sleep. I see you eye rolling through that sleep mask ;-) But here’s why we’re gonna upgrade your sleep quality in this week’s video. If it’s taking you until 2am to fall asleep, chances
Wow. Every once in a while I re-watch one of my videos and just laugh... This time around, I can’t believe how many times I said “distributed team”??! You could easily play a drinking game on it and end up loaded within 10 minutes. Not recommended btw. For real. Don’t do it. Instead, I wanted to take a few mins to show you how I’ve been able to manage large teams virtually, and the process I use to do this.
The first thing I ever built that I charged for was an MP3 burning app. I had just learned Visual Basic in one of my elective programming classes in highschool, and I wanted to see what I could create. The problem I wanted to solve was simple... As one of the few people at the time with a CD burner, I would always have my friends come over to my house and spend hours going through all of the MP3’s
Facebook looks at daily active users. Airbnb.com uses bookings. At Clarity - my previous company - we obsessed over completed calls. These are called North Star Metrics. It’s a clear metric that your growth team focuses on to move the needle. The key is that it captures the value created for your customers, and allows everyone on the team - and really the company - to drive this forward. But how do you come up with the right ideas to
In 2001, I got a job I wasn’t qualified for. I was hired by a big oil company to lead a new project with dozens of developers to build a product that would be used by every employee in the company. No pressure, right? On the first day, the hiring manager realized I was in way over my head and pulled me aside to tell me I had 2 weeks to “figure things out”. Umm… ok? I had no clue