My First Million Masterclass: How to go from founder to CEO (without imploding)
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Oct 28, 2025 This discussion dives into crucial insights for first-time CEOs. Learn why a founder's personal development directly affects company growth. Discover effective delegation strategies to avoid crises and the importance of clear role definitions using the RACI model. The hosts emphasize the value of addressing issues early and stacking small gains for major performance improvements. They also explore the significance of documenting company values and celebrating behaviors to reinforce culture, providing actionable tips for successful leadership.
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Founder Psychology Is The Main Bottleneck
- A company's growth is limited by the CEO's personal and psychological growth.
- Sam Parr and Shaan Puri stress that founder psychology becomes the business bottleneck as revenue rises.
Delegate With The What/How/When/Motivation Framework
- Do delegate properly by explaining what, how, when, and motivation when handing off tasks.
- Train people, set specific deadlines, and schedule follow-ups until they outperform you.
Use RACI To Prevent Ownership Confusion
- Define RACI for every project: Responsible, Accountable, Consulted, Informed before work begins.
- Use RACI to stop the ball-dropping that happens when multiple people assume ownership.
