Snowflake CEO Frank Slootman explains why your company priorities are wrong
“I found out early on that if you can whittle things down to just one thing, you become unstoppable. Unfortunately, people resist whittling things down to one thing because it’s really hard to decide what that one thing is.”
The former Snowflake and ServiceNow CEO continues:
“People have a very easy time telling you what their top 3-5 things are because hopefully the right things are in there somewhere… I can’t tell you how many board meetings I’ve been in where the CEO puts a PowerPoint up and it’s one bullet after another listing all of the things that are their priorities. You just know that they’re going to be a mile wide and an inch deep, swimming in glue, moving like molasses. The energy is leaving my body already just watching a long list of priorities… You’ve basically devalued what you should be doing because you’re time-sharing now with all of these other things.”
Mr. Slootman urges founders to think really hard about the one thing that matters most to your business and focusing entirely on that.
If you can’t decide, just pick one:
“I like to do things in sequence. Even if you’re not sure, do it anyways. Because in the process of doing, you’re going to find out whether you’re right, wrong, or somewhere in between, and you can adjust.”
When you prioritize just one thing, things move much faster:
“Things are going to go much quicker because have a narrower plan of attack. It’s energizing. The pace picks up.”
Video source: @twistartups@Jason (2022)
@regina_wtf@mar15sa@bobbyfijan Given the advancement of curriculums and new resources we are definitely paving our own path but we have nothing against how it was done for us, it's a great foundation and then can always be improved from there.
@mar15sa@bobbyfijan We are also excited to be 2nd gen homeschooling our kids! Either path requires intentionality to supplement the shortcomings and get the results people are after. So many want a 'hands off' solution. Our kids have a strong community of friends so we love getting to homeschool
I wrote a 20,000 word Notion guide on Personal Finance for Startup Founders
Covers equity, fundraising, how to set up cap table, raising money, taxes, hiring & compensating your team, running finance, selling secondaries & exiting
RT or Comment this post & I'll DM you a copy
Which investing group structure is the best one? That depends on your goals for your group, your investment, and yourself. Each structure has its benefits.
@Tribevest detail the top five ways to invest as a group 🤝
https://t.co/fIvpQVUST2
In light of the recent Silicon Valley Bank #SVB situation, we want to assure you that Tribevest does not hold any customer funds or operational funds with SVB.
Read more here: https://t.co/SSqiAan1FB
Dear Tribevest Customers, Partners, and Employees,
@Tribevest does not hold any customer bank accounts or operational funds with #SiliconVallyBank (SVB).
Travis Smith
Tribevest, CEO