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    Explore "scaling businesses" with insightful episodes like "131. Friction Fixing: How to Use Obstacles to Your Advantage", "The Levels of Growth for Employees & Entrepreneurs | Ep 650", "Bootstrapping to IPO, product-led growth, & scaling SaaS with Atlassian's Scott Farquhar | E1800", "S1 E11: Harry Stebbings: How I turned $50 into a $140m fund" and "489: How Are You Preparing to “Exit Rich” in Real Estate?" from podcasts like ""Think Fast, Talk Smart: Communication Techniques", "The Game w/ Alex Hormozi", "This Week in Startups", "Big Fish with Spencer Matthews " and "BiggerPockets Real Estate Podcast"" and more!

    Episodes (7)

    131. Friction Fixing: How to Use Obstacles to Your Advantage

    131. Friction Fixing: How to Use Obstacles to Your Advantage

    Why resistance isn’t always a bad thing.

    Friction — that’s Professor Huggy Rao’s metaphor for the forces that hamper workplace efficiency. But as he says, some friction can be helpful — if you know how to use it.

    In his book, The Friction Project: How Smart Leaders Make the Right Things Easier and the Wrong Things Harder, Rao and coauthor Robert I. Sutton explore how operational obstacles show up in the workplace and, more importantly, what we can do about them. Through what Rao calls “friction fixing,” leaders can “take out the bad friction to make the right things easy to do [and] put in good friction to make the wrong things harder [to do].”

    As Rao discusses with host Matt Abrahams on this episode of Think Fast, Talk Smart, leaders can eliminate bad friction through good communication. “Communication matters a lot,” he says. “The simple rule is, make sure a 10-year-old can understand it on the first try.”

    Episode Reference Links:


    Connect:


    Chapters:

    (00:00:00) Introduction

    Host Matt Abrahams introduces guest, Huggy Rao, and his latest book on the importance of focusing on friction to become our best selves.

    (00:01:24) Scaling Mindsets and Communication

    Insights on scaling excellence and the critical role of simple communication in fostering the right mindset.

    (00:04:28) AstraZeneca: Scaling Simplification

    A case study on simplification efforts at AstraZeneca & the gift of time that they gave their employees.

    (00:08:49) Understanding Friction: Terrible and Wonderful

    The dual nature of friction, highlighting its role as both a hindrance and a catalyst for decision-making. 

    (00:11:05) Jargon Monoxide

    Complicated jargon’s impact on organizations, and the need for simplicity in communication.

    (00:13:03) The Art of Storytelling

    The benefits & goals of storytelling, creating moral elevation & emotional connection.

    (00:15:12) Job Titles and Accountability

    An experiment on the impact of personalized job titles on team performance and accountability in tech startups and the introduction of “good friction”.

    (00:17:57) The Final Three Questions

    Huggy shares his strategy for reducing friction in his life, a story about the communicator he most admires, Saul Alinsky, and his three ingredients for a successful communication recipe, Aah! Aha! Ha-Ha!


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    The Levels of Growth for Employees & Entrepreneurs | Ep 650

    The Levels of Growth for Employees & Entrepreneurs | Ep 650

    Watch the YouTube version of this episode HERE

    “It's actually your strengths oftentimes, which become almost always the bottleneck in the business.” Today, Alex (@AlexHormozi) explores the key concepts every entrepreneur needs to understand for business growth. From mastering personal skills to developing comprehensive business frameworks, the journey of entrepreneurship is marked by continual growth and improvement. Highlighting the importance of groomed leadership and a talented team, Alex walks you through the process of transitioning from being an individual contributor to being a manager, and ultimately a leader.

    Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.

    Timestamps:

    (1:15) - Understanding the three levels of employees or talent

    (2:55) - Breaking down the three levels: individual contributor, manager, and leader

    (4:52) - The role of systematization in leadership

    (5:31) - Applying the framework to different departments in your business

    (10:42) - The challenge of transitioning from manager to leader

    (11:30) - The role of personal growth in entrepreneurship

    Follow Alex Hormozi’s Socials:

    LinkedIn  | Instagram | Facebook | YouTube  | Twitter | Acquisition 

    (This episode is a re-run. Original airdate was on June 01, 2021)

    Bootstrapping to IPO, product-led growth, & scaling SaaS with Atlassian's Scott Farquhar | E1800

    Bootstrapping to IPO, product-led growth, & scaling SaaS with Atlassian's Scott Farquhar | E1800

    This Week in Startups is brought to you by…

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    Miro. Working remotely doesn’t mean you need to feel disconnected from your team. Miro is an online whiteboard that brings teams together - anytime, anywhere. Go to https://miro.com/startups to sign up for a FREE account with unlimited team members.

    *

    Today’s show:

    Atlassian Co-CEO Scott Farquhar joins Jason to break down how he and his Co-Founder bootstrapped Atlassian to an IPO (1:34), his lessons from acquiring, growing and eventually selling HipChat (13:43), thoughts on product-led growth (29:27), generative AI tools for the enterprise (39:43), and more!

    *

    Time stamps:

    (0:00) Atlassian Co-CEO Scott Farquhar joins Jason!

    (1:34) Atlassian origins, bootstrapping to IPO

    (12:22) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/TWIST

    (13:43) Lessons from HipChat: Acquiring and growing the service, selling to Slack, what Scott would do differently

    (19:39) Atlassian's two playbooks: bootstrapping and aggressive growth

    (27:57) Supergut - Get 25% off with code TWIST at https://supergut.com

    (29:27) How product-led growth leads to a sharper product team, how Atlassian is thinking about LLMs and generative AI

    (38:20) Miro - Sign up for a free account at https://miro.com/startups

    (39:43) Remaining flexible re: AI tools, utilizing customer data, when to expect major knowledge work breakthroughs in AI

    (47:27) How Scott thinks about AI, remote work, and efficiency

    (1:01:39) Staying motivated in Atlassian's third decade

    *

    Check out Atlassian: https://www.atlassian.com

    FOLLOW Scott: https://twitter.com/scottfarkas

    *

    Read LAUNCH Fund 4 Deal Memo: https://www.launch.co/four

    Apply for Funding: https://www.launch.co/apply

    Buy ANGEL: https://www.angelthebook.com

    Great recent interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland, PrayingForExits, Jenny Lefcourt

    Check out Jason’s suite of newsletters: https://substack.com/@calacanis

    *

    Follow Jason:

    Twitter: https://twitter.com/jason

    Instagram: https://www.instagram.com/jason

    LinkedIn: https://www.linkedin.com/in/jasoncalacanis

    *

    Follow TWiST:

    Substack: https://twistartups.substack.com

    Twitter: https://twitter.com/TWiStartups

    YouTube: https://www.youtube.com/thisweekin

    *

    Subscribe to the Founder University Podcast: https://www.founder.university/podcast

    S1 E11: Harry Stebbings: How I turned $50 into a $140m fund

    S1 E11: Harry Stebbings: How I turned $50 into a $140m fund

    At 18 years-old, Harry Stebbings started the Twenty Minute VC podcast with fifty dollars and not a single contact in venture capital. He’s the first person to turn a podcast into a multi-million pound fund. Across several vehicles, he’s raised over $400 million. And he’s only 26.

    Harry is seriously impressive. If you’re an entrepreneur, you’ll learn exactly what Harry looks for when he invests. But this episode isn’t just for those in business. He’s overcome bulimia and is now sober, and has tonnes of advice for those who want to take their life to the next level.

    489: How Are You Preparing to “Exit Rich” in Real Estate?

    489: How Are You Preparing to “Exit Rich” in Real Estate?
    Real estate is a business, but we often don’t think of it that way. A single-family home here, a duplex there, at the end of the day we’re just landlords, right?  What if some large corporation or outside buyer wanted to buy your real estate business from you. Even better, what if you had such efficient systems in place that you could sell your business for 10x what you put into it. Sounds pretty sweet right? Today we talk to Michelle Seiler Tucker & Sharon Lechter, authors of Exit Rich and Rich Dad Poor Dad. Michelle and Sharon have spent years building and selling businesses and have defined the 6 Ps to a profitable exit. Their main critique of most business owners: start planning to scale efficiently TODAY. This can help you as a real estate investor start putting systems in place to grow your portfolio faster and with less work from you later on. If you’re willing to put in the upfront effort to start hiring right, systematizing, and opting for efficiency you most certainly will “exit rich”! In This Episode We Cover: What business owners do that costs them millions in company valuation  The 6 Ps to a profitable (and stress-free) exit Building systems that allow your business to grow efficiently  Focusing on company culture and having an employee liaison Why most business owners won’t let go of their “hands-on” role How a business is valued (and what you can do to boost your valuation) And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Youtube Channel GoBundance OpenDoor Capital Brandon's Books BiggerPockets Podcast 108: Building a $350 Million Real Estate Empire Using the 10X Rule with Grant Cardone Cherry Creek Lodge - Guests Ranch Exit Rich Website  Click here to check the full show notes: https://www.biggerpockets.com/show489 Learn more about your ad choices. Visit megaphone.fm/adchoices

    $0-$100M Broken Down | Ep 289

    $0-$100M Broken Down | Ep 289

    We need to be better people in order to attract better people. Today, Alex (@AlexHormozi) talks about the big chapters in the growth of a business, and how to get from $0 to a million dollars a year using a very simple framework involving your product line and the channels you use to distribute.

    Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.

    Timestamps:

    (0:47) - Getting from $0 to $1 million: learn to sell one product on one channel

    (2:24) - Value ladder & increasing LTV through cross-sells, upsells, etc.

    (5:14) - Hierarchy within company & entrepreneur vs. entrepreneur dilemma

    (9:02) - Finding growth-driven entrepreneurs who innovate and take initiatives

    (14:29) - Entrepreneur's biggest problem: finding good people; hardest problem ever

    Follow Alex Hormozi’s Socials:

    LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition

    #66 - Life Coins, Amazon FBA Rollups & Going Back In Time

    #66 - Life Coins, Amazon FBA Rollups & Going Back In Time
    Sam (@thesamparr) and Shaan (@shaanvp) are back to talk wearing ivy league swag (3:24), Thrasio Amazon FBA rollup (6:20), Classpass for online courses (16:16), Real life bruce wayne Kinobody (19:45), What's a way the hosts have hacked a shortcut for themselves? (24:31), Looking at old newspapers to see what they got right/wrong (28:50), Personal ICOs (37:31), Billionaire of the week: Jim Patterson (44:44), Do you want to become a billionaire? (52:36) and Sexy notary business (57:05). The way you write has a huge effect on what you get — both in your business and personal life so why not learn how to write like you speak and sell like hell: search Kopywriting Kourse and improve you life 100x.  See acast.com/privacy for privacy and opt-out information.