Invest Like the Best with Patrick O'Shaughnessy

Zac Bookman – How Government Works – [Founder’s Field Guide, EP.10]

17 snips
Dec 3, 2020
Zac Bookman, Founder and CEO of OpenGov, shares his journey in revolutionizing local government finance through technology. He discusses the intricate dynamics of governmental structures, emphasizing the need for transparency and effective execution. Zac shares insights from his time advising on counter-corruption in Afghanistan and outlines the unique challenges of building vertical SaaS in regulated markets. Additionally, he reflects on the importance of community involvement, personal growth through mountaineering, and how feedback can shape successful organizations.
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ANECDOTE

Afghanistan Experience

  • Zac Bookman's Afghanistan experience began with a connection who recognized his expertise in corruption and law.
  • He served as an advisor to General H.R. McMaster on an anti-corruption task force, working with diverse groups.
INSIGHT

Aligning Large Groups

  • Aligning large groups requires a clear, achievable strategy. Inspiring people and speaking to their hearts and minds is crucial for effective leadership.
INSIGHT

Government Structure

  • Governments operate like holding companies, managing various services. A board/council appoints a manager, not the mayor, as chief executive in most cases.
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