

20VC: Rippling's Parker Conrad on The Four Main Benefits From Building a Compound Startup | Why There Should Never Be a Trade-Off Between Speed and Quality | How Zenefits Gave Parker a Chip on the Shoulder and Why That is so Important?
68 snips Oct 3, 2022
Parker Conrad, Founder and CEO of Rippling, shares his journey from Zenefits to building a revolutionary platform for employee management. He discusses the importance of viewing setbacks as learning experiences and the emotional resilience needed in leadership. Parker emphasizes that speed does not have to compromise quality, explaining his decision-making framework and delegation strategies. He also introduces the concept of compound startups, advocating for simultaneous product development to enhance efficiency and revenue.
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Rippling's Origin Story
- Parker Conrad felt frustrated after being forced out of Zenefits.
- He channeled this frustration into building Rippling, aiming for a $100 billion outcome to tell his side of the story.
High Performance Redefined
- Parker Conrad believes that high performance isn't just about working harder; it's about accomplishing significantly more.
- He sees massive differences in output between high-achieving and low-achieving organizations, despite similar effort.
Challenge Assumptions
- Challenge assumptions about limitations.
- Push your team to find ways to achieve seemingly impossible goals by questioning perceived trade-offs.