Chapter
Lessons Learned from Leading a Hyper-Growth Company
31:05 - 41:31 (10:25)
In a high growth situation, it's important to focus on improving the product and managing the right things to avoid overlooking crucial areas. Measuring 70% of the core business, 20% on adjacent things, and 10% on wild bets is crucial in managing a growing company.
Clips
The story of proxy caches, which was believed unnecessary at the time, and their importance in accelerating the internet.
31:05 - 32:24 (01:19)
Summary
The story of proxy caches, which was believed unnecessary at the time, and their importance in accelerating the internet. It is similar to a content delivery network that delivers local copies of requested content to reduce the amount of data being sent from a distant location.
ChapterLessons Learned from Leading a Hyper-Growth Company
Episode#367: Eric Schmidt — Lessons from a Trillion-Dollar Coach
PodcastThe Tim Ferriss Show
In this transcript excerpt, the speaker discusses their experience being questioned for the CEO position at YouTube and the criteria the team used to assess their suitability for the role.
32:24 - 34:18 (01:53)
Summary
In this transcript excerpt, the speaker discusses their experience being questioned for the CEO position at YouTube and the criteria the team used to assess their suitability for the role.
ChapterLessons Learned from Leading a Hyper-Growth Company
Episode#367: Eric Schmidt — Lessons from a Trillion-Dollar Coach
PodcastThe Tim Ferriss Show
Eric Schmidt, former CEO of Google, talks about how he was brought in to provide "adult supervision" at Google and how he organized the company's activities and built its corporate structure.
34:19 - 37:28 (03:08)
Summary
Eric Schmidt, former CEO of Google, talks about how he was brought in to provide "adult supervision" at Google and how he organized the company's activities and built its corporate structure.
ChapterLessons Learned from Leading a Hyper-Growth Company
Episode#367: Eric Schmidt — Lessons from a Trillion-Dollar Coach
PodcastThe Tim Ferriss Show
Google's former CEO, Eric Schmidt, explains Serge Brin's 70/20/10 model which suggests that a company should allocate 70% of its resources to its core business, 20% to adjacent or nearby things, and 10% on wild bets for future growth, in order to systematically manage innovation.
37:28 - 39:28 (01:59)
Summary
Google's former CEO, Eric Schmidt, explains Serge Brin's 70/20/10 model which suggests that a company should allocate 70% of its resources to its core business, 20% to adjacent or nearby things, and 10% on wild bets for future growth, in order to systematically manage innovation.
ChapterLessons Learned from Leading a Hyper-Growth Company
Episode#367: Eric Schmidt — Lessons from a Trillion-Dollar Coach
PodcastThe Tim Ferriss Show
When a company is experiencing high growth, it can be easy to forget about managing communications with employees and customers.
39:28 - 41:31 (02:02)
Summary
When a company is experiencing high growth, it can be easy to forget about managing communications with employees and customers. However, focusing on improving the product and staying organized can help prevent miscommunications and potential loss of business.