Strategy Session: When should founders step aside? Where can you find investors? Were pandemic pivots harmful?
Masters of Scale
WaitWhat
4.6 • 4.4K Ratings
🗓️ 20 July 2021
⏱️ 31 minutes
🧾️ Download transcript
Summary
When should you hire your replacement as CEO? Is blitzscaling still the best strategy, in today's context of uncertainty? What are the best fundraising options if you can't access a major VC firm? How do you balance long-term growth with short-term pressures? In this all-new Strategy Session, Reid answers critical in-the-moment questions from six entrepreneurs – all in different industries and at different stages of scale. "When you're in a crisis, everyone recognizes that you have to make a bunch of sharp decisions," Reid explains. "The key thing is building into the future. It's less focusing on the pandemic and more on the game in front of us." Co-hosted by Anne Kave, Capital One Business.
Read a transcript of Strategy Session 8 at https://mastersofscale.com/strategy-session-founders-step-aside/
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Transcript
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| 0:00.0 | You gotta have incredible talent at every position. |
| 0:07.0 | It's like this is a huge push. |
| 0:09.0 | There are fires burning when you're going home. |
| 0:11.0 | Can you believe it? |
| 0:12.0 | Touch an idiot and then you go back to this is totally going to be amazing. |
| 0:16.0 | There are so many easy ways. |
| 0:18.0 | So I have no idea what to do. |
| 0:20.0 | Sorry, we made a mistake. |
| 0:21.0 | But you have to time it right. |
| 0:23.0 | It's working out better to read better than the party. |
| 0:25.0 | So it just seems absolutely nothing. |
| 0:27.0 | Not all 10 years later, but that's what I said you do it. |
| 0:30.0 | We have it made just how you do it. |
| 0:34.0 | This is Master's of Scale. |
| 0:40.0 | We'll start the show in a moment. |
| 0:42.0 | Afterward from a premier brand partner, Capital One Business. |
| 0:48.0 | We had a first year analyst Marcus, |
| 0:51.0 | who came into sort of our organization program. |
| 0:53.0 | He was really passionate about the intersection of technology and ESG. |
| 0:57.0 | That's Gene Lee. |
| 0:58.0 | She leads card services and strategy at Capital One. |
| 1:02.0 | And she's talking about Marcus, a first year analyst with a passion |
... |
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