E63 Adam Fishman, instrumental in Lyft’s success turned from advisor to interim exec to media empire for Dads
May 15, 2024
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Adam Fishman discusses his journey from advising companies to creating a media empire for dads. Topics include raising money over Zoom, parenting connections, podcast creation challenges, and optimizing executive roles through interim leadership.
Versatility is crucial in early startups; adaptability aids in successful company growth.
Strategic hiring, cultural alignment, and fractional roles lead to organizational success and minimized failure rates.
Deep dives
Multiple Ventures and Experiences
The guest, Adam Fishman, discusses his involvement in diverse business ventures, such as aiding Mozilla in product strategy and starting a media business. He emphasizes his role as a support figure rather than a founder in various successful companies. Adam explores his podcast, 'Startup Dad', focusing on interviewing entrepreneurs about parenthood rather than business success.
Challenges and Growth in Startups
Adam recounts his experiences at Zimride, later transformed to Lyft, highlighting the challenges faced during the transition. He emphasizes the necessity of a versatile 'startup athlete' in the early stages of a company, capable of managing various aspects of operations and growth. Additionally, he shares insights on the importance of hiring executives judiciously to ensure cultural alignment and minimize failure rates.
Advisory and Fractional Roles in Companies
Adam delves into the spectrum of roles within companies, from advisory positions to interim executive roles, providing a bridge between hiring needs and expert guidance. He explains the value of advisors in offering specialized support and mentoring to junior team members. Furthermore, Adam highlights the benefits of fractional roles, allowing for essential leadership without the commitment of full-time hires.
Balancing Work and Life
Through personal anecdotes and professional experiences, Adam reflects on the importance of achieving work-life balance, especially as a parent. He underscores the flexibility and fulfillment derived from advisory roles that permit him to prioritize family while contributing effectively to companies. Adam advocates for strategic hiring approaches to mitigate recruitment challenges and foster sustained organizational growth.