The best startup advice from Silicon Valley & beyond. Iconic CEOs — from Nike to Netflix, Starbucks to Slack — share the stories & strategies that helped them grow from startups into global brands.
On each episode, host Reid Hoffman — LinkedIn cofounder, Greylock partner and legendary Silicon Valley investor — proves an unconventional theory about how businesses scale, while his guests share the story of how I built this company. Reid and guests talk entrepreneurship, leadership, strategy, management, fundraising. But they also talk about the human journey — with all its failures and setbacks.
With original, cinematic music and hilariously honest stories, Masters of Scale is a business podcast that doesn’t sound like a business podcast.
Guests on Masters of Scale have included the founders and CEOs of Netflix, Google, Facebook, Starbucks, Nike, Fiat, Spotify, Instagram, Airbnb, Uber, Paypal, Huffington Post, Twitter, Medium, Bumble, Yahoo, Slack, Spanx, Shake Shack, Dropbox, TaskRabbit, 23&Me, Mailchimp, Evite, Flickr, CharityWater, Endeavor, IAC and many more.
Rapid Response: Ten months of pain and hope, w/restaurateur Danny Meyer
It's been an epic journey for iconic New York City restaurateur and Shake Shack founder Danny Meyer. Forced by the pandemic into closures and layoffs last spring, as he poignantly shared in two previous episodes, Danny stayed optimistic and was rewarded through the summer and fall, as new menu innovations and new dining protocols brought back customers.
But then a fresh wave of infections inflicted fresh pain, with harder choices than ever and renewed layoffs and closings – one of them permanent. The restaurant industry overall is teetering on the edge, he says, desperate for federal help and active intervention to be able to return to the communities they once served. Danny still believes that restaurants will come back; that, in fact, the coming months will provide a unique opportunity for new restaurant launches. Yet his own spirit is being tested, as unrelenting challenges face off against defiant hope.
6. Innovation is managed chaos, w/Eric Schmidt of Google/Alphabet
Google has succeeded by innovating again and again. Their secret? They don’t tell their employees how to innovate; they manage the chaos. Eric Schmidt, the CEO of Google since 2001 and now chair of parent company Alphabet, shares the controversial management techniques he created to lead an environment of free-flowing ideas – and the disciplined decision-making that helps to make a breakthrough idea into a profitable product. He reveals the secret to Google’s former “20% time” policy, their approach to hiring smart creatives, and the parallels between leading Google and piloting small aircraft. Plus, his “roommate” at Google, and the decision he made to support a crazy idea that he was certain would bankrupt the company.
Read a transcript of this interview at: https://mastersofscale.com/eric-schmidt-innovation-managed-chaos/
Subscribe to the Masters of Scale weekly newsletter at http://eepurl.com/dlirtX
Rapid Response: What the pandemic has cost women, w/Ellevest's Sallie Krawcheck
Amidst the devastating effects of the pandemic, one in five women has left the workforce, and the gender pay gap and wealth gap are expanding. There's a long-term cost to that inequity, says Sallie Krawcheck, co-founder and CEO of Ellevest, a fintech platform dedicated to serving women investors – and businesses can help to address that cost. A long-time C-suite leader at financial behemoths like Citi and Bank of America, Krawcheck knows firsthand the obstacles women face as well as the struggles big institutions can have in reconfiguring their practices to help. Today, she says, we can no longer look away from the harsh numbers. She believes the agility of startups provides a key part of the solution, demonstrating the impact that entrepreneurship can have, for all of us.
54. What's the hidden business behind your business? w/Rent the Runway's Jenn Hyman
Rent the Runway co-founder Jenn Hyman knows: Behind every successful business is another business backstage, one you might not expect. Rent the Runway is known for creating a glamorous "closet in the cloud,” but as Hyman explains, it achieved unicorn status by mastering a few less glamorous businesses — including the world’s largest dry-cleaning operation, and a data insights practice that’s changing the fashion industry. Cameo appearance: Kevin Venardos (Venardos Circus); Stewart Butterfield (Slack).
Read Jenn Hyman's essay on the making of this episode: https://www.linkedin.com/pulse/mastering-businesses-behind-our-business-jennifer-hyman/
Learn more about the Venardos Circus: https://www.venardoscircus.com/
Listen to Stewart Butterfield on Masters of Scale: http://listen.mastersofscale.com/StewartButterfield
Read a transcript of this interview at: https://mastersofscale.com/jenn-hyman-the-secret-business-behind-the-business/
Subscribe to the weekly Masters of Scale newsletter: http://eepurl.com/dlirtX
8 reliable lessons for unreliable times
If 2021 is even half as unpredictable as 2020 was, you'll need to dig deep into your resilience and wisdom to get through. We've pulled together this special episode of Masters of Scale to serve as a sort of primer for the new year, full of lessons learned from the sometimes devastating, sometimes inspiring year we just put behind us. These lessons come from a range of guests we've spoken to in a time of incredible change. Some are stories about doing everything right – and still ending up in crisis. Others are about overcoming the odds with grit, heart, and compassion. Featuring GM's Mary Barra, Jeff Wiener, Jonah Peretti, Rashad Robinson, Colleen DeCourcy, Susan Wojcicki, and more.
Transcript at https://mastersofscale.com/
Introducing: Spark & Fire, our sister podcast on creativity
A podcast recommendation for the New Year. The iconic founders who join us our show are all masters of creativity. From the initial spark, down the crooked path of invention, scaling a company is a hero’s journey in creativity.
With that: a new podcast from the team behind this show. It’s called Spark & Fire. On each episode, an iconic creator tells the story of bringing a beloved work to life. Yo-Yo Ma on the Silk Road Project. Kemp Powers on Pixar’s “Soul". Architect Thomas Heatherwick on NYC’s Vessel. Novelist Isabel Allende on The House of the Spirits. Book designer Chip Kidd on Jurassic Park. Choreographer Bill T Jones. Last Jedi Director Rian Johnson. But it's not an interview. It’s a captivating story, told entirely in their words.
If you love Masters of Scale, you might find this podcast resonates with you too. Take a moment now and to subscribe to Spark & Fire. When the first episode drops on January 6, you'll get it automatically. It will help you think more creatively about everything..
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It’a a pleasure to listen. Thank you very much for yours insights !
Incredible storytelling with amazing & helpful content
Top 3 pocast
As a tech entrepreneur I must say this content is AWESOME!
The insights are super useful, and presented in a witty way!
Love the audio cues that really help in picturing the stories.
Thanks a lot for this great content!