In 'Amp It Up,' Frank Slootman shares his leadership approach for achieving hypergrowth. The book emphasizes the importance of raising standards, aligning teams, sharpening focus, picking up the pace, and transforming strategy. Slootman argues that most leaders can significantly improve their organization's performance without expensive changes to talent, structure, or the business model. He stresses the need for execution, a strong team culture, and a relentless focus on the mission. The book provides practical advice on making conflicted choices, promoting collaboration, and maintaining high standards to avoid mediocrity[2][3][5].
In this book, Les Schwab shares his life story, from his challenging childhood during the Great Depression to his success in building Les Schwab Tire Centers. The book highlights his business philosophy, which includes empowering and rewarding employees, maintaining a long-term focus, absolute transparency, a win-win culture, continuous innovation, and prioritizing front-line employees. Schwab's memoir also emphasizes his personal mantra, 'Life is hard. Keep it going!' which reflects his determination and resilience in the face of challenges.
Episode 718: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk about stuff that hit the group chat this week.
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Show Notes:
(0:00) Apple Just Unlocked a $1B App Idea
(04:13) McKinsey got $55M for This?
(10:28) Frank Slootman’s Ice-Cold Advice
(16:20) “Treat people well, and you’ll win.”
(24:41) Man steals $122 million from Facebook and Google,
(28:17) ChatGPT’s $10B ARR retention curve
(34:58) Elon v. Trump Meltdown
(39:54) Ramp’s Monopolist Pitch Deck
(46:22) Rich Guy House Alert: Gary Tan Edition
(48:55) Sam’s First Ever Bookmark
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Links:
• Want Sam's top 7 books for entrepreneurs (& his reading strategy)? Get it here: https://clickhubspot.com/kmb
• Apple AlarmKit announcement (WWDC) - https://developer.apple.com/wwdc23/
• Waymo Self-Driving Cars - https://waymo.com/
• Ramp (Eric Glyman’s company) - https://ramp.com/• Brex - https://www.brex.com/
• Amp It Up - https://tinyurl.com/5ak4ckux
• Les Schwab: Pride in Performance - https://tinyurl.com/5ch39nrv • TBPN - https://www.youtube.com/@thebrospodcastnetwork
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Check Out Shaan's Stuff:
• Shaan's weekly email - https://www.shaanpuri.com
• Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents.
• Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies!
Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC
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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
• Sam’s List - http://samslist.co/
My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano