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Jason ✨👾SaaStr.Ai✨ Lemkin
112.2K posts
Jason ✨👾SaaStr.Ai✨ Lemkin
@jasonlk
GET funded ➡ $200m SaaStrFund.com🦄🦄🦄🦄🦄🦄🦄 FREE PLAYBOOK ➡ saastr.ai/ai-agents-play… CHAT Digital Jason ▶ SaaStr.AI/mentor Founder AdobeSign
- The new CEO of Starbucks insisted on starting as a barista for 6 months He called together his inherited management team for an offsite None knew how to make an espresso
- First time reporting to a CEO? 3 simple things to learn: - admit your mistakes. CEOs make even more of them. They get it. - end excuses. Those don't work anymore. - when you bring up a problem, make sure you also bring a solution. Do just this, you'll excel.
- What I learned from 5 weeks in Beijing + Shanghai: - startup creation + velocity dwarfs anything in SF - no one in China I met is remotely worried about U.S. or possibly even cares - access to capital is crazy - scale feels about 20x of SF - endless energy - not SV jadedMike Moritz memo to Silicon Valley startups: You are lazy (compared to China) ft.com/content/42daca… via @FT
- Replying to @jasonlk
- Spouse teams don't work - Eventbrite Solo founders don't work - Zoom Need to move to SF - Shopify Winner takes all - Marketo Remind me the other rules again
- Tough lesson for CEOs to learn: You have to treat Great employees differently from Good ones Great ones want their careers enabled, want you to have their back, and want no politics. That's about it. Let them run. Good ones want many other, varied things. And need much more.
- You think startups are about a great idea But in the end they are about being great at recruiting
- A tough week So, Dear @elonmusk, thank you for creating and building cars that help save the environment and make my drive 100x less stressful (autopilot) thank you for the dream of taking us to mars and putting the building blocks in place today
- To be a great CEO, You have to enjoy telling certain stories over and over again Sometimes 100s of times
- Stuff I've lost interest in as i got Older: - pro sports. faux tension - cars. who cares - fancy dinners. gout-in-waiting - fancy house. what's point Stuff I care more about: - helping others' careers - working with amazing CEOs - doing stuff truly at scale - family time
- Just got back from 3 hours at Well Fargo. To reactivate a dormant bus account. I am tagged a VIP account and yet: - Supervisor had to approve everything - No wires over $100,000 - 5 days to clear a check - Told to “do it online instead” after 2 hours This is why SVB existed
- If the CEO doesn't seem at least a little bit intense, Join a different start-up
- Founders notice everything. Every bug, Every screwed up deal, Every employee that didn't give it their all, Everything every competitor does, Every moment that ever mattered. Everything that matters. Just make sure you keep most of it to yourself.
