Sahil Lavingia

Sahil Lavingia quotes on leadership

Founder Gumroad, funder @ shl.vc

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1

Don't start a company because you want to be your own boss. You'll have more bosses than ever before: your board, investors, employees, customers, and more!

2

A CEO’s first job is to get the company capitalized. A CEO’s second job is to recruit a team. A CEO’s third job is to provide them with clarity so they can solve their customers' problems. A CEO’s fourth job is to get out of the way until one of the above is no longer true.

3

I think being funny is the most underrated leadership attribute.

4

Most CEOs are CEOs because they started the businesses they run - not because they are abnormally smart or qualified. Often they’re the least qualified people in the company, since they’re the only ones who didn’t go through an interview process.

5

Stop selling, start storytelling.

6

If you don’t like the CEO you won’t like the company.

7

Startups should be scary, not dangerous. Scary: pivoting, getting critical feedback, managing people smarter than yourself Dangerous: raking up credit card debt, sacrificing your health and wellbeing

8

How to conduct 1-1s, a simple framework Tell your direct reports what you think they should: - Start doing - Stop doing - Continue doing Ask them what you should: - Start doing - Stop doing - Continue doing Do this often enough that you’re not worried about too much feedback.

9

If you're a writer, you're the CEO of your own business. If you're a painter, you're the CEO of your own business. If you're a musician, you're the CEO of your own business. Today, being great at business will get you farther than being a great artist.

10

"Show don't tell" is close to universal advice. It applies to: - Writing stories - Leadership - Product development

11

Sometimes the best thing a leader can do is get out of the way.

12

Being likable and being respected are different things, and you need both to be a great leader.

13

I see a lot of investors get blamed when startups prioritize growth at all costs instead of sustainability. It turns out, while VCs are nice enough to play bad cop, it's probably the CEO/founders who are still responsible for making the ultimate decision. So, blame accordingly!

14

If you’re a CEO who has done crappy things in the past, apologize before there’s a PR reason to!

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