Want to take control of the future? In each episode of this podcast, Entrepreneur magazine editor in chief Jason Feifer takes something that seems concerning or confusing today, and then learns its surprising history, what important things we’re missing, and the solutions that can make us smarter and better. (The show was previously called Pessimists Archive.)
Snowflake CEO Frank Slootman: victory through taking ownership, increasing velocity & cultivating talent | E1362
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Frank is the Chairman & CEO of Snowflake, a company he joined and rapidly accelerated in 2019. Frank led Snowflake to the largest software IPO in history (his third massive IPO as CEO). Previously, he grew Data Domain from $0 in revenue in 2003 to a ~$776M IPO in 2007 and then grew ServiceNow to a $22B market cap. In this episode you will learn the principles Frank uses to achieve outlier outcomes. 1 - Attracting and cultivating high-performing talent. Getting the wrong people off the bus fast is critical. Frank prefers "drivers" to "passengers." 2 - Without risk-taking, the business will stagnate. Left to their own devices things slow to a "glacial pace." CEOs should push to find the true limits of the organization. 3 - Intellectual honesty is required. Copy-pasting strategy from previous roles is unacceptable. You need to develop deep conviction, while maintaining humility to course correct when you are wrong. 4 - Culture and reputation are defined by your actions. CEOs must maintain an incredibly high bar. Get his book "Amp It Up: Leading for Hypergrowth by Raising Expectations, Increasing Urgency, and Elevating Intensity" https://ampitupbook.com/