Came across this video where Frank Slootman, CEO of Snowflake, discusses what he believes are the key factors that helped him build three billion-dollar companies.
Obviously there is a lot that goes into it - but I think there are a lot of takeaways that apply to any small/medium-business SaaS Founders.
- Struggle and failure are normal in entrepreneurship, but they are formative and can teach valuable lessons.
- Leadership requires conviction, courage, and clarity to bring people together towards a common mission and to create energy within an organization.
- To succeed, you need to choose the right elevator by picking a growing, expanding industry with good cards and knowing how to play them.
The whole video is worth a watch. He hits the nail on the head in many ways, especially when it comes to prioritizing speed and taking action.