Brian Chesky on Startups, Leadership, and Curiosity
Jan 29, 2024
28:43
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Brian Chesky, co-founder and CEO of Airbnb, discusses the negative effects of politics and bureaucracy on company culture, the importance of collaboration between engineering and marketing teams, the negative effects of siloed business divisions, the importance of marketing education and performance marketing, his experience with the near-death of his business during the COVID-19 pandemic, and the restructuring and operational changes implemented within the company.
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Quick takeaways
To avoid division and slow-moving bureaucracies in companies, collaboration, advocacy, and building relationships are crucial in navigating the challenges of politics and bureaucracy.
Creating a seamless integration between marketing and engineering is essential for effective marketing campaigns, utilizing different types of marketing strategies (such as brand, product, and performance marketing) to educate consumers about new products.
Deep dives
Understanding Politics and Bureaucracy in Companies
Brian Chesky shares insights on how politics and bureaucracy develop in companies, leading to division and slow-moving bureaucracies. He explains how different technical stacks and dependencies can create siloed teams and a lack of accountability. He emphasizes the importance of collaboration, advocacy, and building relationships to navigate these challenges and avoid the pitfalls of politics and bureaucracy.
Different Types of Marketing and Their Purpose
Brian Chesky discusses the importance of brand, product, and performance marketing in a business. He uses the metaphor of lasers, flash bulbs, and chandeliers to explain how each type serves a different purpose. Chesky emphasizes the need to educate consumers about new products and create a seamless integration between marketing and engineering for effective marketing campaigns.
Adapting and Evolving as a CEO
Brian Chesky shares his insights and experiences as a CEO, highlighting the importance of being involved in the details and continuously learning and evolving. He discusses the need for leaders to set the pace of the team, push them to think bigger, and see their potential. Chesky also emphasizes curiosity, learning, and maintaining a beginner's mindset to consistently improve as a leader.
Episode 100: On this episode, I’ll be sharing the best moments from Lenny Rachitsky’s recent interview with Brian Chesky, the co-founder & CEO of Airbnb.
Airbnb is a $95bn company that under Brian’s leadership has grown into a community of 4 million hosts welcoming over 1.5 billion guests across 220 countries.
These moments range from how politics & bureaucracy are created in a company to surviving near-business death in 2020 to how Brian has grown as a CEO since day 1.