CEO Lessons: Bulls**t Mission Statements, Firing People & Saying ‘NO' (#505)

ℹ️ EPISODE INFO

Released

October 10, 2023

Duration

48m

Channel

My First Million

Watch on YouTube

▶ Open ↗

📝 EPISODE DESCRIPTION

No more small boy spreadsheets, build your business on the free HubSpot CRM: https://mfmpod.link/hrd - Episode 505: Shaan Puri (https://twitter.com/ShaanVP) and Sam Parr (https://twitter.com/theSamParr) talk about their biggest regrets as first-time CEOs and the shortcuts they’ve learned after 15 years of running businesses. (Disclaimer: This is not the type of stuff they teach at Harvard Business School.) — Show Notes: (0:00) Intro (3:00) Doomed Mission Statements (7:00) Hiring people you want to be around (12:00) Naming, Branding and Trademarks (17:00) How to make better hires (26:00) Ambitious Goal Setting vs Achievable Goal Setting (31:00) Not losing my shit (35:00) Firing 101 (38:00) Focus vs. Saying 'no' too much (46:00) Pre- vs. Post-product market fit — Check Out Shaan's Stuff:

• Shaan's weekly email - https://www.shaanpuri.com
• Visit https://www.somewhere.com/mfm to hire global talent (like Shaan does) and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than their US equivalents.

— Check Out Sam's Stuff:

• Hampton - https://www.joinhampton.com/
• Ideation Bootcamp - https://www.ideationbootcamp.co/
• Copy That - https://copythat.com
• Hampton Wealth Survey - https://joinhampton.com/wealth

💰 Pitch your startup for a shot at a $1M investment with Sam Parr as the MC https://clickhubspot.com/pitch For more quality videos subscribe here → https://tinyurl.com/46rjnckx 🔔 Turn on notifications to stay updated with new uploads Like || Share || Subscribe

🎤 SPEAKERS

• Shaan Puri

  host

  Entrepreneur and co-host of My First Million; formerly worked at Twitch and has operated multiple businesses including e-commerce.

• Sam Parr

  host

  Entrepreneur and co-host of My First Million; founder of The Hustle (acquired) and creator of Hampton.

🧾 EPISODE SUMMARY

In this episode of My First Million, featuring Shaan Puri and Sam Parr, CEO Lessons: Bulls**t Mission Statements, Firing People & Saying ‘NO' (#505) explores Founder operating lessons on missions, hiring, firing, focus, and branding Shaan Puri and Sam Parr compare “dumb stuff” they did early as operators with the practical shortcuts they now use to run companies day-to-day.

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