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* ABOUT * SHOP * Book * CONTACT * BECOME A MEMBER * LOGIN * MY ACCOUNT * MEMBER BENEFITS * LOGOUT * ABOUT * SHOP * Book * CONTACT * BECOME A MEMBER * LOGIN * MY ACCOUNT * MEMBER BENEFITS * LOGOUT A WAITWHAT ORIGINAL PODCAST. MASTERS of With REID HOFFMAN LinkedIn Co-Founder & Greylock Partner SCALE MASTERS OF SCALE IS AN ORIGINAL PODCAST HOSTED BY REID HOFFMAN, CO-FOUNDER OF LINKEDIN AND INVESTOR AT GREYLOCK. IN EACH EPISODE, REID SHOWS HOW COMPANIES GROW FROM ZERO TO A GAZILLION, TESTING HIS THEORIES WITH LEGENDARY LEADERS. MASTERS OF SCALE IS THE FIRST AMERICAN MEDIA PROGRAM TO COMMIT TO GENDER BALANCE FOR GUESTS. Sponsored By Listen to Rapid Response, our weekly podcast on the real-time lessons of changing business. Hosted by former Fast Company editor Bob Safian. Join us for Masters of Scale Live on July 23rd in Boston. Buy Tickets LATEST EPISODE: FOCUS ON THE SCALE THAT YOUR CUSTOMERS CAN’T SEE BETH FORD CEO, LAND O'LAKES Cameo appearances: Tim Maltin (Titanic expert) and Lukas Fricke (farmer). IN THIS EPISODE: TOO OFTEN, COMPANIES ONLY FOCUS ON THE TYPE OF SCALE THAT’S VISIBLE: MASSIVE CAMPUSES, THOUSANDS OF WORKERS, OFFICES AROUND THE GLOBE. BUT AS LAND O’LAKES PROVES, THERE ARE LESS CONSPICUOUS WAYS TO SCALE – WAYS THAT SUPPLY YOUR BUSINESS WITH STRUCTURAL INTEGRITY. THIS IS SOMETHING CEO BETH FORD KNOWS WELL. "WE HAVE TO TREAT OUR BUSINESS LIKE THE ECOSYSTEM IT IS." – Beth Ford GO TO EPISODE PAGE> LISTEN TO THIS EPISODE NOW DOWNLOAD TRANSCRIPT Subscribe now for free: Apple Podcasts | Google Podcasts | RSS Feed FROM THE MASTERS OF SCALE: RAPID RESPONSE PODCAST “WE DIED AND WERE REBORN.” Brian Chesky Co-founder and CEO, Airbnb WHY BUSINESS MUST BE A FORCE FOR GOOD Ken Chenault Chairman and Managing Director, General Catalyst Partners HOW BUZZFEED BOUNCED BACK Jonah Peretti Co-founder and CEO, BuzzFeed INSIDE J.CREW’S “PURPOSE-LED” PIVOT Libby Wadle CEO, J.Crew AS SEEN ON: MORE EPISODES PAST EPISODES LESSONS THAT MATTER MOST BRIAN CHESKY, TYRA BANKS, ANGELA AHRENDTS SALLIE KRAWCHECK, FRANKLIN LEONARD BRIAN CHESKY: “EMBRACE BEING SMALL AND MAKE SOMETHING PERFECT.” Angela Ahrendts: “To do anything great, you need trust.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed MAKE YOUR CUSTOMER THE STAR JESSICA ALBA CO-FOUNDER, THE HONEST COMPANY Cameo appearances: Derek DelGaudio (sleight-of-hand artist), Greg Steltenpohl (Califia Farms), Alexandra Samuel (data journalist and author). “I’M THINKING OF THE EXHAUSTED, SLEEP-DEPRIVED PARENT. HOW CAN I GIVE EASE, PEACE OF MIND TO THAT PERSON?” Reid’s Theory: “I believe the more you understand the ‘in real life’ experiences of your customers, the more magical your product will be.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed NO DATA, NO SCALE SHEILA LIRIO MARCELO FOUNDER AND FORMER CEO, CARE.COM Cameo appearance: Jamison Kerr (ArtFields). “HAVING A SOCIAL VISION DOESN’T MEAN THAT THAT’S NOT A PROFITABLE VISION.” Reid’s Theory: “I believe in this simple mantra: no data, no scale. But not all data is created equal. So look for the most useful – and most cost effective – data you can, at each phase of growth.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed HOW TO UNLOCK YOUR TEAM’S CREATIVE POTENTIAL INDRA NOOYI FORMER CEO & CHAIR, PEPSICO Cameo appearance: Nicole Burke (Gardenary). “FOR BIG ICONIC COMPANIES TO REMAIN SUCCESSFUL, WE NEEDED THE BEST AND THE BRIGHTEST TALENT, IRRESPECTIVE OF GENDER, ETHNICITY, ORIENTATION.” Reid’s Theory: “I believe you need to create an environment that lets talent thrive.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed HOW SETBACKS CREATE MOMENTUM ROBERT REFFKIN FOUNDER AND CEO, COMPASS Cameo appearance: Dr. Shini Somara (mechanical engineer and science broadcaster). “A CORE PART OF MY BELIEF AROUND ENTREPRENEURSHIP IS BELIEVING THAT YOU CAN CHANGE YOUR STARS.” Reid’s Theory: “I believe you need to harness the failures, pivots, and false starts into rapidly growing momentum.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed WHY WE NEED RE-FOUNDERS SATYA NADELLA CHAIRMAN AND CEO, MICROSOFT Cameo appearance: David Mandel (Veep). “IF YOUR COMPANY IS GOING TO BE SUCCESSFUL, IT WILL OUTLAST YOUR FOUNDERS. IF IT’S GOING TO OUTLAST THAT FOUNDER, THE HANDOFF IS GOING TO BE SUPER CRITICAL.” Reid’s Theory: “I believe companies don’t just need founders … they also need re-founders.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed THE BEAUTY OF EMPHASIZING THE OBVIOUS KATIA BEAUCHAMP CO-FOUNDER & CEO, BIRCHBOX Cameo appearance: Don Papson (M.S. Hershey Foundation) “WHEN WE REALIZED WHAT BIRCHBOX COULD BE, WE WERE THINKING HOW DID THIS NOT SEEM OBVIOUS TO A LOT OF PEOPLE?” Reid’s Theory: “I believe you need to make your unconventional idea seem like the obvious move to everyone else.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed HOW TO ACCELERATE EXPERTISE MELLODY HOBSON CO-CEO, ARIEL INVESTMENTS Cameo appearance: Brooke Macnamara (Case Western Reserve University). “I ADOPTED THE IDEA OF BEING AN EXPERT EARLY IN MY CAREER. WHEN YOU NEED BRAIN SURGERY, YOU DON’T GO TO YOUR GENERAL PRACTITIONER.” Reid Hoffman: “I believe learning fast is foundational to entrepreneurship. Learning well is how you stay in business.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed ASKING THE UNCOMFORTABLE QUESTIONS MICHAEL SEIBEL MANAGING DIRECTOR, Y COMBINATOR Cameo appearance: Brian Christian ("The Alignment Problem"). “THE MOST COMMON QUESTION I ASK IS, ‘WHY ARE WE TALKING ABOUT THIS?’ AS OPPOSED TO, ‘WHAT’S THE RIGHT DECISION TO MAKE?'” Reid Hoffman: “I believe you need to learn to ask the right questions of the right people – and then act upon the answer, even if it seems irrational.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed MAKE ROOM FOR MAGIC J.J. ABRAMS CO-FOUNDER, BAD ROBOT PRODUCTIONS “THERE’S NOTHING MORE DEADLY THAN BEING INCURIOUS.” Reid Hoffman: “I believe that great leaders can learn to create the right conditions for magic.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed BUILD THE RIGHT FLYWHEEL WENDY KOPP CEO, TEACH FOR ALL Cameo appearance: Kaya Henderson (Teach for America). “PROBLEMS RESOLVE THEMSELVES MUCH MORE QUICKLY IN A NETWORK THAN IN A MORE CENTRALLY MANAGED STRUCTURE.” Reid Hoffman: “I believe that networks are the key to amplifying scale.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed HOW MENTORSHIP PROVIDES AN EDGE ALEX RODRIGUEZ CHAIRMAN & CEO, A-ROD CORP. Cameo appearance: Allison Kluger (producer). “THE GREATEST ENTREPRENEURS ARE INCREDIBLY INQUISITIVE, HAVE A GREAT APPETITE FOR INFORMATION, AND THEY SHOW UP.” Reid Hoffman: “I believe that great mentors are key in your journey to scale. And to find great mentors you must have the mindset of a mentor yourself.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed TWO-PART EPISODE WHEN THE MOMENT CHOOSES YOU, PART 1 HOW TO ADAPT TO CHANGING RULES, PART 2 PRESIDENT BARACK OBAMA 44TH U.S. PRESIDENT “I’M A BIG BELIEVER IN THE POWER OF PEOPLE’S STORIES AS THE THING THAT MOVES PEOPLE TO ACTION.” Reid Hoffman (Part 1): “I believe that the moment almost always chooses you. But to seize that moment, you have to move fast.” Reid Hoffman (Part 2): “I believe you need to keep your mission constant, but your tactics fluid, as you scale.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed FRUSTRATION IS YOUR FRIEND ADI TATARKO CO-FOUNDER & CEO, HOUZZ Cameo appearances: Karen Kavett (Karen Puzzles), Julia Hartz (Eventbrite). “IF YOU HAVE THE MINDSET THAT SOMETHING BIG IS WAITING FOR YOU AND YOU HAVE THE CONVICTION IN THIS, YOU CAN’T GIVE UP.” Reid Hoffman: “I believe you should embrace frustration, because its flipside – opportunity – can be a shortcut to scale.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed HOW TO TEACH YOUR CUSTOMER ETHAN BROWN FOUNDER AND CEO, BEYOND MEAT Cameo appearances: Chris Paul (NBA player). “I WANTED TO DO SOMETHING THAT WAS UNIQUE AND EXTRAORDINARY.” Reid Hoffman: “I believe that you need to listen to your customers … even when what they want is inconvenient, or inconsistent. But you must track their point of view … and let them know you’re listening.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed WHAT INVESTORS REALLY LOOK FOR MARK CUBAN ENTREPRENEUR, INVESTOR, AND STAR OF SHARK TANK Cameo appearances: Noel Durity (Twist It Up), Lani Lazzari (Simple Sugars), Brad Schultz (Future Proof). “RAISING MONEY MAKES THE FALL A LITTLE BIT LONGER – BUT IT DOESN’T KEEP YOU FROM HITTING ROCK BOTTOM.” Reid Hoffman: “I believe you need to act like a founder but also have the mindset of an investor.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed THE POWER OF PERSONAL BRAND TYRA BANKS ENTREPRENEUR, WRITER, AND MODEL Cameo appearances: Andy Cunningham (Cunningham Collective). “THE EASIEST PERSONAL BRAND IS THE ONE THAT YOU DON’T HAVE TO ACT.” Reid Hoffman: “I believe that building your personal brand is as important as building your product brand. In a changing world, it’s the constant that will allow you to adapt.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed TWO-PART EPISODE HOW ACQUISITIONS BECOME AN ECOSYSTEM, PART 1 HOW ACQUISITIONS BECOME AN ECOSYSTEM, PART 2 BOB IGER EXECUTIVE CHAIRMAN, THE WALT DISNEY COMPANY “LET’S EMBRACE TECHNOLOGY AS AN OPPORTUNITY RATHER THAN A THREAT.” Reid Hoffman (Part 1): “I believe that building a global brand to last means turning acquisitions into an ecosystem.” Reid Hoffman (Part 2): “I believe that building a global brand means creating a diverse and sustainable ecosystem.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed THE SECRET TO BIG LEAPS RICHARD BRANSON FOUNDER, THE VIRGIN GROUP “IF YOU CAN CREATE A COMPANY THAT BRINGS PEOPLE’S DREAMS TO REALITY, IT’S LIKELY TO BE SUCCESSFUL.” Reid Hoffman: “I believe you should never stop asking ‘What if?’ and ‘Why not?’ Take those daring notions seriously, and go all-in on the bold leaps. They will keep you innovating.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed HOW TO BE THE STEWARD OF YOUR IDEA RANA EL KALIOUBY CEO & CO-FOUNDER, AFFECTIVA “THE CEO IS THE MOST POWERFUL PERSON FOR CREATING AN EXAMPLE OF GREAT STEWARDSHIP.” Reid Hoffman: “I believe you’re not just responsible for scaling your world-changing idea. You’re also responsible for stewarding its development and wider use.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed HOW TO MASTER YOUR EMOTIONS SAM HARRIS, AUTHOR, PHILOSOPHER, NEUROSCIENTIST, AND PODCAST HOST “MEDITATION GIVES YOU A CHOICE: DO YOU REALLY WANT TO FOLLOW THIS NEXT THOUGHT, WHEREVER IT LEADS?” Reid Hoffman: “I believe managing your emotions is as critical as managing your business.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed THE SECRET POWER OF ONBOARDING MELANIE PERKINS, CO-FOUNDER AND CEO, CANVA Cameo appearances: Ron White (Memory Expert). “WHEN IT WAS CLEAR WHERE THE WORLD WAS HEADED, IT SEEMED A LOGICAL STEP TO START THE BUSINESS.” Reid’s Theory: “I believe that onboarding is a hidden key to lasting success.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed BUILDING BRIDGES TO SCALE DANIEL LUBETZKY, FOUNDER, KIND Cameo appearances: Bianca Wylie (Public tech advocate). “YOUR BRAND HAS TO BE TRUE. YOU CANNOT TRY TO BE EVERYTHING TO EVERYBODY OR YOU’LL BE NOTHING TO NOBODY.” Reid’s theory: “I believe that to scale a business, you’ll always need bridges – to new customers, new verticals and new markets. But for a bridge to last – it must be built from both sides.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed HOW TO FIND HIDDEN VALUE THAT OTHERS MISS FRANKLIN LEONARD, FOUNDER, THE BLACK LIST Cameo appearances: Tatiana Mac (software engineer). “HOW CAN WE CREATE SYSTEMS THAT GIVE US MORE INFORMATION TO MAKE SLIGHTLY BETTER DECISIONS IN A COMPETITIVE ENVIRONMENT?” Reid’s theory: “I believe that in a crowded field – your competitive edge is in finding under-valued assets that others overlook.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed HOW TO SELL WITHOUT SELLING PHIL KNIGHT CO-FOUNDER, NIKE Cameo appearances: Eddy Lu (GOAT). “AT ONE POINT, WE THOUGHT, ‘WELL MAYBE WE SHOULD TRY SOME ADVERTISING.'” Reid’s theory: “I believe you need to sell without selling. Great branding is about identity … and matchmaking.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed THE EMPATHY FLYWHEEL SARAH FRIAR CEO, NEXTDOOR Cameo appearances: Mark Pincus (Zynga), Dr. Robert Rosenkranz (dentist). “A NEIGHBORHOOD IS MUCH MORE THAN JUST RESIDENTS.” Reid’s theory: “I believe you should first be human. Building one-to-one connections with your customers isn’t fast — and it isn’t easy — but it can drive you to scale and more importantly, keep you there.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed TO SCALE, FIND THE RIGHT VALUES JIMMY WALES CO-FOUNDER, WIKIPEDIA “IF YOUR BELIEFS AND VALUES ARE IN TENSION WITH YOUR BUSINESS MODEL, YOU’VE GOT A REAL PROBLEM.” Reid’s theory: “I believe product-value fit is often more important than product-market fit. And finding it may require a pivot or two.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed HOW TO FIND – AND KEEP – TRUE NORTH SUSAN WOJCICKI CEO, YOUTUBE Cameo appearances: Dr. Becky Smethurst (astrophysicist), Shishir Mehrotra (Coda, Google, YouTube). “OUR GOAL IS TO BE THE BEST HOME FOR CREATORS.” Reid’s theory: “I believe that to navigate massive scale, you have to find – and keep – ‘true north.’ Establish clear landmarks that point to your founding principles. They’ll guide you when you’re at risk of losing your way.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed HOW TO BUILD AUTHENTIC CONNECTION AT SCALE TREVOR MCFEDRIES CO-FOUNDER, BRUD Cameo appearances: Alison Darcy (Woebot). “THE FIRST CHARACTER I BUILT WAS MYSELF.” Reid’s theory: “I believe that to build an authentic connection with your customers, you need to do some things that may feel artificial.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed HOW TO TURN SKEPTICS INTO FANS JOHN FOLEY FOUNDER & CEO PELOTON Cameo appearances: Melanie Curtis (professional skydiver). “PEOPLE THOUGHT FITNESS WAS A DOPEY CATEGORY WHERE THERE’S BEEN NO CAPITAL AND NO INNOVATION. AND I WOULD SAY, ‘EXACTLY.’” Reid’s theory: “I believe you can clear a path to scale by converting skeptics to fanatics.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed WHY YOUR COMPANY NEEDS NEW RITUALS SHISHIR MEHROTRA YOUTUBE, CODA Cameo appearances: George Kembel (Stanford), Tobi Lütke (Shopify), Dr. Akilah Cadet (Change Cadet). “DESIGN YOUR TEAMS, YOUR RITUALS, YOUR SYSTEMS. WHAT DO YOU WANT TO ENCOURAGE OR DISCOURAGE?” Reid’s theory: “I believe you need to design rituals that will take you to scale and evolve with you. Fail to do this, and you may find the rituals that do emerge will hold you back.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed BE A PAINKILLER AND A VITAMIN CLARA SHIH CO-FOUNDER & CEO, HEARSAY Cameos: Shellye Archambeau (MetricStream), Gary Alexander (Interactive Education Concept). Photography by: Carig Barritt, Frederic Nema, WSJ. “WE BECAME MISSION-CRITICAL FOR ANY BANK, INSURANCE COMPANY, FINANCIAL FIRM – A MUST-HAVE, NOT A NICE-TO-HAVE.” Reid’s theory: “I believe you should strive to make your business a vitamin AND a painkiller.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed FOUR CORE PRINCIPLES OF CRISIS MANAGEMENT ELLEN KULLMAN CEO CARBON Cameos: Amy Shira Teitel (spaceflight historian), Jonah Peretti (BuzzFeed), Brian Chesky (Airbnb), Neil Blumenthal (Warby Parker), Stacy Brown-Philpot (TaskRabbit). Photography courtesy of Rachel Bujalski and Carbon Staff Photographers. “THE WORLD’S GOING TO THROW A LOT AT YOU. THE QUESTION IS: WHAT CAN YOU DO TO IMPROVE YOUR COMPANY, YOUR SITUATION, YOUR BUSINESS?” Reid’s theory: “I believe there’s no such thing as a crisis playbook. To survive a crisis, you have to double down on who you already are as a company.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed THE POWER OF SMALL GOALS CHARLES BEST FOUNDER & CEO DONORSCHOOSE Cameo appearance: Stephen Colbert. Photography courtesy of Charles Best. “DONORSCHOOSE WAS THE FIRST PLATFORM DEDICATED TO CROWDFUNDING.” Reid’s theory: “I believe a scalable idea can start small – if you can leverage the small wins into a sense of greater purpose.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed TEST. MEASURE. REPEAT. ERIC RIES LONG TERM STOCK EXCHANGE THE LEAN STARTUP Cameo appearance: Nick Means (GitHub), Pierre Bohanna (feature film prop maker). Photography by Brittany Hosea Small. “THERE’S NO MAGIC FAIRY DUST. I DON’T HAVE ANY SUPERPOWERS. THIS IS ABOUT SYSTEMS AND METHODS.” Reid’s theory: “I believe that every business is an experiment. For the experiment to succeed, you need to test your hypothesis, measure the results, and follow wherever they lead.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed A MASTERCLASS IN CROWDSOURCING LUIS VON AHN FOUNDER & CEO, DUOLINGO Cameo appearance: Elizabeth Sampat (game designer). Photography by Chandler Crowell. “PEOPLE HELP US ADD LANGUAGES TO DUOLINGO, BECAUSE WE’RE MISSION-DRIVEN AND THEY REALLY SEE THAT.” Reid’s Theory: I believe crowdsourcing can scale your business in unexpected ways – as long as you perfectly align your mission with your crowd’s motivation. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed TWO-PART EPISODE HOW TO UNITE A TEAM, PART 1 HOW TO UNITE A TEAM, PART 2 ANGELA AHRENDTS APPLE, BURBERRY Photography by Brittany Hosea Small. “MY JOB IS TO MAKE SURE THAT THE TEAM FEELS LIKE A FAMILY.” Reid’s Theory (Part 1): I believe you need an elevated mission – and everyday human contact – to unite a team. Reid’s Theory (Part 2): I believe you need an elevated mission – and everyday human contact – to unite a team. DOWNLOAD TRANSCRIPT (Coming Soon) LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed HOW TO START A REVOLUTION WENCES CASARES CO-FOUNDER & CEO, XAPO Cameo appearance: Linda Rottenberg (Endeavor), Anne Wojcicki (23andMe). Photography by Peter Venus of Capital Headshots, Kelly Sullivan. “A WORLD WHERE BITCOIN SUCCEEDS IS MORE IMPORTANT THAN ONE WHERE THE INTERNET SUCCEEDS.” Reid’s Theory: I believe: The more revolutionary your product is, the more reassuring you have to be when you invite consumers on board. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed BE A PLATFORM TOBI LÜTKE, FOUNDER & CEO, SHOPIFY Cameo appearance: Bill Gates, Eric Schmidt, Julia Hartz (Eventbrite). Photography courtesy of Shopify. “BUILDING A PLATFORM IS THE MOST VALUABLE THING IN THE WORLD.” Reid’s theory: I believe the secret to MASSIVE scale is compressed in three words: Be a platform. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed WHEN TO ZOOM IN, WHEN TO ZOOM OUT JOSH SILVERMAN, CEO, ETSY Cameo appearance: Scott Suko (domino artist), Nik Money (mycology professor). Photography by Brittany Hosea Small. “THE JOB OF A LEADER IS NOT TO COME UP WITH SOLUTIONS, IT’S TO DEFINE SUCCESS.” Reid’s theory: I believe the best scale leaders must be able to zoom out high and wide AND zoom in close and detailed. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed WHATS THE HIDDEN BUSINESS BEHIND YOUR BUSINESS? JENN HYMAN, CO-FOUNDER & CEO, RENT THE RUNWAY Cameo appearance: Kevin Venardos (Venardos Circus), Stewart Butterfield (Slack). Photography courtesy of Rent the Runway. “RENT THE RUNWAY IS VERY MUCH A TECHNOLOGY BUSINESS AND ALWAYS HAS BEEN.” Reid’s Theory: I believe you need to master the business behind your business – it just might be the critical factor that lets you break out. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed HOW TO SOLVE AN IMPOSSIBLE CHALLENGE MEGAN SMITH, U.S. CTO, GOOGLE, SHIFT7 Cameo appearance: Monique Sternin (Tufts University). Photography courtesy of shift7. “MY THESIS IS, IF YOU INCLUDE EVERYONE, YOU CAN FIX NEARLY EVERYTHING.” Reid’s Theory: I believe that when faced with an impossible challenge, you should scout for someone who’s already solved it. Then help those inventors to keep inventing. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed LIVE! ALL FOUNDERS HAVE A TROJAN HORSE ROBERT F. SMITH FOUNDER, CHAIR, & CEO VISTA EQUITY PARTNERS Cameo appearance: Sir Ken Robinson. Live photography by Jaime Fernandez / Summit LA; other images courtesy of Robert F. Smith. “WHEN YOU INVEST IN PEOPLE, YOU GET GREATER OUTPUT. THAT’S WHAT I CALL THE LIBERATION OF THE SPIRIT.” Reid’s Theory: I believe every great founder has a second purpose, something outside their main business they’re trying to get done in the world. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed THE POWER OF CONFLICT RAY DALIO FOUNDER, BRIDGEWATER ASSOCIATES Cameo appearance: Daniel Amen (Amen Clinics), Steve Horgan (USA Field Hockey). Photography by Brittany Hosea Small. “YOU JUST WANT THE BEST IDEA – WHEREVER IT COMES FROM.” Reid’s Theory: I believe disagreement is the wellspring of great ideas and great companies – but only if you harness the conflict constructively. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed HOW TO SET THE DRUMBEAT JEFF WEINER CEO, LINKEDIN Cameo appearance: Chris Tomson (Vampire Weekend), Monica Worline (CompassionLab), Keesa Schreane (Refinitiv). Photography courtesy of Jeff Weiner. “MANAGERS TELL PEOPLE WHAT TO DO. LEADERS INSPIRE THEM TO DO IT.” Reid’s Theory: I believe every leader has to create a drumbeat for their company. The more irresistible that drumbeat is to you, the more naturally your team will follow. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed TWO-PART EPISODE HOW TO ACCELERATE HISTORY, PART 1 THE BIGGEST SUCCESS STORY YOU HAVEN'T HEARD, PART 2 BILL GATES MICROSOFT, BILL & MELINDA GATES FOUNDATION Photography by David Ryder. “WE KNEW: WE’RE GOING TO DO PLATFORMS – A COMPUTER ON EVERY DESK.” Reid’s Theory (Part 1): I believe that it’s not enough to just take advantage of inflection points in history – you have to accelerate those inflections if you want to achieve huge scale. Reid’s Theory (Part 2): “I believe that it’s not enough to see inflection points in history – you have to accelerate those inflections.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 49 MAKE IT EPIC WILL.I.AM BLACK EYED PEAS, BEATS, I.AM+ Cameo appearance: Jeremy Siegel (urban designer, Bjarke Ingels Group). Photography by Brittany Hosea Small & Eric Michael Roy. “I WANT TO SHOOT FOR THE STARS. IF I SHOOT AWAY FROM HERE, I’LL GET OFF THE PLANET.” Reid’s Theory: I believe you should never settle for a big opportunity when you can leverage it into something epic. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 48 PATIENCE OR SPEED? BOTH. TORY BURCH FOUNDER & EXECUTIVE CHAIR, TORY BURCH Cameo appearances: Lehua Kamalu (Polynesian Voyaging Society), Rana el Kaliouby (Affectiva). Cameo appearances: Lehua Kamalu (Polynesian Voyaging Society), Rana el Kaliouby (Affectiva). “WHEN YOU’RE AN ENTREPRENEUR, THINGS COME AT YOU MORNING, NOON AND NIGHT. YOU HAVE TO BE AGILE.” Reid’s Theory: I believe that to scale a sustainable business, you need to combine patience, patience, patience – and move with explosive speed. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 46 HOW TO TAKE ON GOLIATHS AND WIN DREW HOUSTON CO-FOUNDER & CEO, DROPBOX Cameo appearances: Mark Pincus (Zynga), Shellye Archambeau (MetricStream). Photography by: Courtesy of Drew Houston “IF YOUR PLAYBOOK IS THE SAME AS YOUR COMPETITORS, YOU’RE IN TROUBLE – BECAUSE THEY’RE JUST GOING TO PLAY YOUR PLAYBOOK WITH A LOT MORE RESOURCES.” “IF YOUR PLAYBOOK IS THE SAME AS YOUR COMPETITORS, YOU’RE IN TROUBLE – BECAUSE THEY’RE JUST GOING TO PLAY YOUR PLAYBOOK WITH A LOT MORE RESOURCES.” Reid’s Theory: I believe you can leave overwhelming competition in the dust – but only if you know exactly what your advantage is. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 45 EMBRACE THE GATEKEEPERS ANNE WOJCICKI CO-FOUNDER & CEO, 23ANDME Cameo appearances: Daniel Ek (Spotify). Photography by: Courtesy of Anne Wojcicki. “THE ONLY WAY WE WILL EVER UNDERSTAND OR BENEFIT FROM THE HUMAN GENOME IS IF WE TRUST.” Reid’s Theory: I believe gatekeepers aren’t an impediment that you should outwit, but an opportunity that you should embrace. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 44 SMALL CHANGES FOR BIG IMPACT WHITNEY WOLFE HERD FOUNDER & CEO, BUMBLE Cameo appearances: Steve Spohn (AbleGamers) and Marissa Mayer (Google, Yahoo). Photography by: Peter DaSilva. “WE WEREN’T TRYING TO RE-INVENT THE WHEEL – WE WERE JUST TRYING TO REVERSE IT.” Reid’s Theory: I believe the smallest feature can make – or break – your product. The challenge is recognizing the impact of that feature – and making sure it’s actually positive. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 41 HOW PIRATES BECOME THE NAVY DARA KHOSROWSHAHI CEO, UBER Cameo appearances: Arianna Huffington (Thrive Global), Ben Chestnut (Mailchimp). Photography by: Khaled Sayed. “DO THE RIGHT THING, PERIOD. YOU KNOW WHAT THAT IS.” “DO THE RIGHT THING, PERIOD. YOU KNOW WHAT THAT IS.” Reid’s theory: I believe that every successful band of roguish pirates must transition into a disciplined navy. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 40 THE CASE FOR BOOTSTRAPPING BEN CHESTNUT CO-FOUNDER AND CEO, MAILCHIMP Cameo appearances: LeVar Burton ("Star Trek", "Reading Rainbow", "LeVar Burton Reads"), Don MacKinnon (Milq), Karen Cahn (iFundWomen). Photography by: Peter DaSilva. “I WANTED TO BUILD SOMETHING THAT WOULD EMPOWER SMALL BUSINESSES.” Reid’s theory: I believe you can bootstrap your way to scale, but you’ll have to catch the crest of multiple waves of good fortune. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 38 TAKE BIGGER RISKS SHELLYE ARCHAMBEAU FORMER CEO OF METRICSTREAM Cameo appearances: Liv Boeree (champion poker player). Photography by Khaled Sayed. “YOU’VE GOT TO HAVE THE STRENGTH AND THE RESILIENCE TO BELIEVE IN YOURSELF AND TAKE BIG RISKS.” Reid’s theory: I believe that the surest way to succeed is to take startling – yet intelligent – risks, again and again. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 37 CHECK YOUR BLINDSPOT SALLIE KRAWCHECK CO-FOUNDER AND CEO OF ELLEVEST Cameo appearances: Steven Johnson (author, host of "American Innovations"). Photography by Khaled Sayed. “I THINK ABOUT MANAGEMENT TEAMS LIKE SOLVING A RUBIK’S CUBE.” Reid’s theory: I believe you need a diverse portfolio of viewpoints to see the opportunities others are missing. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed TWO-PART EPISODE THE REID HOFFMAN STORY, PART 1 THE REID HOFFMAN STORY, PART 2 REID HOFFMAN LINKEDIN, GREYLOCK, PAYPAL Photography by Khaled Sayed. “LIFE IS A TEAM SPORT, NOT AN INDIVIDUAL SPORT. ONCE YOU START THINKING THAT WAY, EVERYTHING GOES A LOT BETTER.” June’s theory: “I believe that to chart a truly epic journey to scale, you need to make everyone you enlist a hero. Not just in your story, but in their own.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 34 LET YOUR CUSTOMERS BE YOUR SCOUTS JULIA HARTZ CO-FOUNDER & CEO OF EVENTBRITE Cameo appearances: Tamara Mendelsohn (Eventbrite); Mark Pincus (Zynga). Photography by Khaled Sayed. “WE MANIACALLY FOLLOW WHAT OUR USERS ARE DOING.” Reid’s theory: I believe customer feedback is the coiled spring that catapults your company forward. It will continually adjust your trajectory, while keeping you on target. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 33 TO SCALE, YOU MUST MASTER THE ART OF STORYTELLING SCOTT HARRISON FOUNDER & CEO OF CHARITY: WATER Cameo appearance: Jonathan Gottschall (fellow at Washington & Jefferson College & author) Photography Courtesy of Charity: Water “IF YOU CAN INSPIRE SOMEONE TO GIVE AND THEN SHOW THEM HOW THEIR MONEY TRAVELED ACROSS THE WORLD AND DID GOOD, YOU CREATE THIS VIRTUOUS CYCLE.” Reid’s theory: I believe that great companies are built on great stories. And great stories are completely, transparently honest. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 31 THE ELUSIVE FORMULA FOR GREAT HIRING ANEEL BHUSRI CO-FOUNDER & CEO OF WORKDAY Cameo appearances: Joyce Nethry (Jeptha Creed Distillery), Michael Bush (Great Place to Work), Arianna Huffington (Thrive) Photography from Aneel Bhusri “IN FIVE TO TEN YEARS, YOUR FIRST EMPLOYEES WILL CONTINUE TO UPHOLD YOUR COMPANY’S CULTURE AND VALUE SYSTEM.” Reid’s theory: The first 150 hires are your cultural co-founders. It’s up to you, the founder, to get every one right. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 30 WHEN TO IGNORE CONVENTIONAL WISDOM DANNY MEYER FOUNDER OF SHAKE SHACK Cameo appearance: Rick Barry (Former NBA player) Photography Courtesy of Danny Meyer “CULTURE IS DRIVEN BY LANGUAGE, AND A COMPANY CEO IS THE SHAMAN OF THE CULTURE.” Reid’s theory: I believe you must cast off received wisdom in order to revolutionize an industry. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 29 WHAT GREAT FOUNDERS DO AT NIGHT ARIANNA HUFFINGTON FOUNDER OF THE HUFFINGTON POST AND THRIVE GLOBAL Cameo appearances: Chris Yeh (co-author, Blitzscaling), Matt Walker (author, professor of neuroscience and psychology) Photography Courtesy of Peter DaSilva “I CAN TRACE BACK ALL MY HIRING MISTAKES TO BEING TIRED. NOBODY SHOULD INTERVIEW WHILE TIRED.” Reid’s theory: I believe that a founder who has pushed themselves too far, and is running on empty, becomes a liability—to themselves, their employees and their investors. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 28 HOW TO BUILD TRUST FAST DANIEL EK CO-FOUNDER & CEO OF SPOTIFY Cameo appearances: Miles Daisher (Red Bull Air Force), Gustav Söderström (Chief Research & Development Officer of Spotify) Photography Courtesy of Daniel Ek “AT THE END OF THE DAY, IT’S ABOUT TRUST. IF YOU SAY WHAT YOU’RE GOING TO DO, AND KEEP ON DOING THAT—YOU’LL DO PRETTY WELL.” Reid’s theory: I believe that to quickly build the foundations of a long-term relationship, you have to find shortcuts to trust. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 27 HOW TO KEEP IT SIMPLE WHILE SCALING BIG KEVIN SYSTROM CO-FOUNDER OF INSTAGRAM Cameo appearances: Rohan Gunatillake (Buddhify) Photography by Peter DaSilva “IF YOU DON’T CHANGE THE SERVICE, YOU BECOME LESS RELEVANT. SO, WHEN YOU CHANGE IT, HOW DO YOU KEEP IT FEELING SIMPLE?” Reid’s theory: I believe simple ideas can soar to massive scale but only if you steer them to catch the prevailing winds. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 26 HOW TO MAKE THE STAR EMPLOYEES YOU NEED MARISSA MAYER LUMI LABS, YAHOO, GOOGLE Cameo appearances: Karen Kirkland (Nickelodeon) Photography Courtesy of Marissa Mayer “I AM REALLY PROUD OF THE APM PROGRAM. THEY’RE SUCH AMAZING INDIVIDUALS. BUT I DON’T FEEL LIKE I GET TO CLAIM CREDIT FOR THEIR ACHIEVEMENTS. “ Reid’s theory: I believe when you can’t find the right people to help your company scale, you have to make them. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 25 HOW TO KILL YOUR BAD IDEAS MARK PINCUS FOUNDER OF ZYNGA Cameo appearances: Andrea Jones-Rooy (FiveThirtyEight analyst), Matt Ruby (founder of Vooza) Photography Courtesy of Mark Pincus “I’LL TRY ANYTHING, AND I’LL KILL ANYTHING. AND I’LL KILL IT QUICKLY.” Reid’s theory: I believe you have to be relentless about pursuing a big opportunity — and ruthless about killing your own bad ideas along the way. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 24 KEEP HUMANS IN THE EQUATION STACY BROWN-PHILPOT CEO OF TASKRABBIT Cameo appearances: DeLashea Strawder (Mosaic Youth Theatre in Detroit), Whitney Johnson (Author, Build An A Team), Davette See (TaskRabbit Tasker) Photography by Khaled Sayed “THE COMMUNITY OF TASKERS — THEY REALLY TAKE PRIDE IN THE WORK THAT THEY DO. EVERYBODY SEEKS TO GET BETTER AT SOMETHING.” Reid’s theory: I believe you can harness the power of the human cloud to solve almost any problem — as long as you keep “human” in the equation. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 23 HOW TO FIND YOUR BIG IDEA SARA BLAKELY FOUNDER OF SPANX Cameo appearances: Andrés Ruzo (National Geographic Explorer), Michelle Lee (former director of the US Patent & Trademark Office), Linda Rottenberg (founder, Endeavor) Photography Courtesy of SARA BLAKELY “LOOK AT 15 THINGS IN YOUR LIFE. WRITE DOWN HOW THEY COULD BE BETTER. YOU’LL HAVE A BIG IDEA RIGHT THERE.” Reid’s theory: I believe there’s only one way to find your big idea: look for it, look for it, look for it. And then act. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 22 HOW TO DO GOOD — AND DO GOOD BUSINESS HOWARD SCHULTZ CHAIR & FORMER CEO OF STARBUCKS Cameo appearances: Leila Janah (Samasource, LXMI) Photography Courtesy of Starbucks “STARBUCKS IS VALUES-DRIVEN, AND AS A RESULT OF THOSE VALUES, WE HAVE BECOME VERY PROFITABLE.” Reid’s theory: I believe you can scale positive social impact along with your business. But only if you’re as creative and cash-conscious about doing good as you are about your business itself. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 21 NEVER UNDERESTIMATE YOUR FIRST IDEA EV WILLIAMS CO-FOUNDER OF MEDIUM & TWITTER Cameo appearances: Angela Duckworth (psychologist), Sheryl Sandberg (Facebook) Photography by Christopher Schodt “DON’T FEEL FATIGUED BY REPETITION. INSTEAD, CELEBRATE YOUR SINGLE-MINDEDNESS.” Reid’s theory: I believe you can never know the full reach of your first idea. It could span your entire career. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 20 HOW TO PRICE YOUR PRODUCT TO SCALE PAYAL KADAKIA FOUNDER & CHAIR OF CLASSPASS Cameo appearances: Mark Zuckerberg (Facebook), Brian Chesky (Airbnb), Linda Rottenberg (Endeavor) Photography courtesy of Khaled Sayed “YOU HAVE TO KNOW WHAT IT IS ABOUT YOUR SERVICE THAT YOUR CUSTOMERS FIND INVALUABLE.”” Reid’s theory: I believe the price that bleeds your business may save your business. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 19 HOW TO BUILD YOUR COMPANY TO LAST JOHN ELKANN CHAIR OF FIAT CHRYSLER AUTOMOBILES Cameo appearances: Robert Pasin (Radio Flyer), Paulette Mae Cole (ABC Home & Carpet), Tony Tjan (Cue Ball) Photography courtesy of John Elkann “FORGET BEING A UNICORN. LEARN TO BE A PHOENIX.” Reid’s theory: I believe you can scale a business that lasts a century or more — but you have to learn to rise and fall and rise again. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 18 HOW TO WIN USER LOVE SAM ALTMAN PRESIDENT OF Y COMBINATOR Cameo appearances: Dominique Ansel (Dominique Ansel Bakery), Aubrie Pagano (Bow & Drape), Sara Blakely (Spanx) Photography By Christopher Schodt “THE TRUE SEED OF SCALE BEGINS WITH A TINY KERNEL OF DIE HARD FANS.” Reid’s theory: I believe it’s more important to have 100 people who LOVE your product than one million who just sort of like it. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 16 BUILD A MORE HUMAN INTERNET CATERINA FAKE YES VC, SHOULD THIS EXIST?, FLICKR Photography courtesy of Caterina Fake “IN EVERY KIND OF COMMUNITY — FROM A COMPANY TO AN ONLINE PHOTO-SHARING SITE — CULTURE CEMENTS VERY QUICKLY.” Reid’s theory: I believe every founder of an online community has a responsibility to shape the culture from day one, because the tone you set is the tone you’re going to keep. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed TWO-PART EPISODE INFINITE LEARNER, PART 1 LEARN TO UNLEARN, PART 2 BARRY DILLER CHAIR OF IAC Photography By Angelica Ekeke “I BELIEVE THERE ARE NO TRUE ‘MASTERS OF SCALE.’ WE ARE ALL, AT BEST, INFINITE LEARNERS.” Reid’s theory (Part 1): “Almost every scalable idea forces you to grapple with an emerging phenomenon. Everything around you is changing — your business, your market, your team.” Reid’s theory (Part 2): “I believe the essential skill set of a serial entrepreneur comes down to a simple habit: You have to learn to unlearn.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 14 THE BIG PIVOT STEWART BUTTERFIELD CO-FOUNDER OF SLACK, FLICKR Cameo appearances: Tim Lefler (Slack) Photography By Christopher Schodt “YOU CAN PIVOT FROM FAILURE TO SUCCESS, BUT ONLY IF YOU SLASH AND BURN THE REST OF YOUR BUSINESS.” Reid’s theory: There’s more to a pivot than a sharp left turn. First, there’s the opportunity you’re pivoting toward. Can you see it clearly enough to navigate toward it? Can you convince others to come along? DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 13 LOOK SIDEWAYS DIANE GREENE CO-FOUNDER OF VMWARE Cameo appearances: Chris Costa (Victorinox) Photography By Christopher Schodt “SCALEABLE IDEAS OFTEN COME AT YOU SIDEWAYS.” Reid’s theory: Quiet conversations are critical for ideas that come at you sideways. You ask ‘Are you seeing what I am seeing?’ Your own vision gets sharper. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 12 ESCAPE THE COMPETITION PETER THIEL CEO OF PAYPAL Cameo appearances: Darryl Woodson (USATF Track Coach), Natasha Hastings (Olympic champion), Umber Ahmad (Ma Zeh Dar Bakery), Brian Chesky (Airbnb) Photography By Christopher Schodt “YOUR GOAL IS NOT TO BEAT THE COMPETITION. YOUR GOAL IS TO BREAK FREE OF COMPETITION ENTIRELY.” Reid’s theory: If you really want to scale a business, escape the competition. Change the playing field. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 11 LET FIRES BURN SELINA TOBACCOWALA CEO OF EVITE, GIXO Cameo appearances: Cheryl Kellond (Apostrophe, Inc.), Brian Chesky (Airbnb), Lisa Curtis (Kuli Kuli), Hadi Partovi (Code.org), Jerry Chen (Greylock Partners) Photography By Christopher Schodt “I BELIEVE SMART MANAGERS KNOW WHEN TO LET FIRES BURN.” Reid’s theory: The best entrepreneurs? They let fires burn. Knowing which problems not to solve is just as critical as knowing which problems must be solved. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 10 THE NEXT SILICON VALLEY IS...? LINDA ROTTENBERG CEO OF ENDEAVOR Cameo appearances: Kristen Marhaver (TED, CARMABI), Sam Altman (Y-Combinator), Juliana Rotich (Ushahidi), Yossi Vardi (investor), Andrew Ng (Baidu) Photography By Christopher Schodt “THERE WILL SOON BE CONTENDERS TO SILICON VALLEY, ESPECIALLY IN … CHINA.” Reid’s theory: 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. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 9 THE TEN COMMANDMENTS OF STARTUP SUCCESS TIM FERRISS AUTHOR & ENTREPRENEUR Cameo appearances: Mark Zuckerberg (Facebook), Brian Chesky (Airbnb), Linda Rottenberg (Endeavor) Photography Courtesy of Tim Ferriss “FOLLOW THESE 10 COMMANDMENTS AND YOU’LL BE ON YOUR WAY TO STARTUP SUCCESS, LIFE SUCCESS, AS WELL AS YOUR HERO’S JOURNEY.” Reid says: All of the advice I give entrepreneurs comes from lessons that I have personally learned. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 8 CULTURE SHOCK REED HASTINGS CEO & FOUNDER OF NETFLIX Cameo appearances: Jeff Weiner (LinkedIn), Aneel Bhusri (Workday), Margaret Heffernan (entrepreneur), Tristan Walker (Walker & Co.), Mariam Naficy (Minted) Photography By Christopher Schodt “A WINNING CULTURE ONLY EMERGES WHEN EVERY EMPLOYEE FEELS THEY PERSONALLY OWN THE CULTURE.” Reid’s theory: 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. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 6 INNOVATION = MANAGED CHAOS ERIC SCHMIDT FORMER CEO OF GOOGLE Cameo appearances: Margaret Heffernan (Entrepreneur, CEO), Omid Kordestani (Twitter), Mark Pincus (Zynga) Photography By Jacqui Ipp “THE SMARTEST COMPANIES DON’T TELL THEIR EMPLOYEES HOW TO INNOVATE, THEY MANAGE THE CHAOS.” Reid’s theory: 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. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 5 LEAD, LEAD AGAIN SHERYL SANDBERG COO OF FACEBOOK Cameo appearances: Bill Gates (Microsoft, Bill and Melinda Gates Foundation), Margaret Heffernan (Entrepreneur, CEO), Selina Tobaccowala (Evite, Gixo) Photography By Jacqui Ipp “YOU HAVE TO BE AS SKILLED AT BREAKING PLANS AS YOU ARE AT MAKING THEM.” Reid’s theory: 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. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 4 IMPERFECT IS PERFECT MARK ZUCKERBERG FOUNDER & CEO OF FACEBOOK Cameo appearances: Kara Goldin (Hint), Susan Danziger (Ziggeo), Sheryl Sandberg (Facebook), Dick Stockton (Hall of Fame sportscaster) Photography By Jacqui Ipp “IF YOU’RE NOT EMBARRASSED BY YOUR FIRST PRODUCT RELEASE, YOU’VE RELEASED IT TOO LATE” Reid’s theory: 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 DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 3 THE BEAUTY OF A BAD IDEA TRISTAN WALKER FOUNDER & CEO OF WALKER AND CO. Cameo appearances by Kathryn Minshew (The Muse), Josh Kopelman (First Round Capital), Kara Goldin (Hint) Photography By Jacqui Ipp “THE BEST BUSINESS IDEAS OFTEN SEEM LAUGHABLE AT FIRST GLANCE.” Reid’s theory: 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.” DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 2 THE MONEY EPISODE MARIAM NAFICY FOUNDER & CEO OF MINTED Cameo appearances by Selina Tobaccowala (Evite, Gixo), Daniel Kahneman (Nobel Prize-winning psychologist) Photography By Jacqui Ipp “ALWAYS RAISE MORE MONEY THAN YOU THINK YOU NEED.” Reid’s theory: Think you’ve raised enough money for your startup? Think again. You’ll have to run through a minefield of unexpected expenses. So always, always raise more money than you think you need. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 1 HANDCRAFTED BRIAN CHESKY CO-FOUNDER & CEO OF AIRBNB With cameo appearances by Patrick Collison (Stripe), Nancy Lublin (Dress for Success) Photography By Jacqui Ipp “IN ORDER TO SCALE YOU HAVE TO DO THINGS THAT DON’T SCALE.” Reid’s theory: If you want your company to truly scale, you first have to do things that don’t scale. Hand-craft the core experience. Serve your customers one-by-one. Then figure out how and what to scale. DOWNLOAD TRANSCRIPT LISTEN TO THIS EPISODE NOW Subscribe now for Free: Apple Podcasts | Google Podcasts | RSS Feed EPISODE 2 THE MONEY EPISODE WITH MARIAM NAFICY FOUNDER AND CEO OF MINTED Cameo appearances by Selina Tobaccowala (Evite, Gixo), Daniel Kahneman (Nobel Prize-winning psychologist) and more. Photography By Jacqui Ipp COMING MAY 10 IMPERFECT IS PERFECT WITH MARK ZUCKERBERG FOUNDER & CEO OF FACEBOOK Cameo appearances: Kara Goldin (Hint Water), Susan Danzinger (Ziggeo), Sheryl Sandberg (Facebook) and Dick Stockton (Hall of Fame sportscaster) Photography By Jacqui Ipp COMING SOON REID HOFFMAN IS THE HOST OF MASTERS OF SCALE. AN ICONIC SILICON VALLEY ENTREPRENEUR AND INVESTOR, HE’S KNOWN FOR HIS SPOT-ON INSIGHTS ON HOW TO SCALE AN ORGANIZATION FROM ZERO TO 100 MILLION USERS OR MORE. HE’S A PARTNER AT GREYLOCK PARTNERS AND CO-FOUNDER OF LINKEDIN. HE SERVES ON THE BOARDS OF AIRBNB, CONVOY, EDMODO AND MICROSOFT. WAITWHAT IS GRATEFUL TO OUR MASTERS OF SCALE PARTNERS FOLLOW US LINKEDIN FACEBOOK TWITTER INSTAGRAM SIGNUP FOR UPDATES SIGN UP © 2021 WAIT WHAT INC., ALL RIGHTS RESERVED – TERMS & CONDITIONS & PRIVACY POLICY Contact Us We're not around right now. But you can send us an email and we'll get back to you, asap. Not readable? Change text. 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