Chris Savage Wistia Growing & Scaling Without the Hassle of the Hustle

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Transcript of Chris Savage Wistia Growing & Scaling Without the Hassle of the Hustle

Page 1: Chris Savage Wistia Growing & Scaling Without the Hassle of the Hustle

Hi!

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Three Mistakes thatDefined Our Business

http://wi.st/threemistakes

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I was wrong

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Things I wish I’d known before scaling from 20 to 100 people

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You’ve hired the bestGuiding Assumption

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There is no time to think

Big problems are scarier

Communication gets harder

Scaling Challenges

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Communication gets harderScaling Challenge

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Communicate:New goals for the year

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“When are you going to send out the finished goals?”

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If it feels unfinished,it is unfinished.

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Challenge:All of our teams were on

different schedules

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Communicate:Try to get all teams on the same

schedule

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The Operating System

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Basecamp Summit

Planning

Retros

Form teams

1 week 4 weeks

Execute with your team

Demos to finish so everyone sees progress

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“Why are you changing everything? What the F*&K?”

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We made the same mistake again!We got the tone wrong.

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Mountaineering

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Basecamp1 week

Preparing for the next climb:Monitoring the weatherReviewing past climbsLearning from other groupsLetting off steamRevisit overall processes

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Summits4 weeks

Goals for summits:Laying ropesAcclimatizingRigging laddersDropping off oxygen for future climbsHike

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Ed Viesturs• 1st American to summit all 14, 8,000M peaks• Saved people in the infamous Everest

season of 1996 (Into Thin Air)• Once hiked with Chris & Brendan

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œ

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Made the communication less serious,which let people try the operating

system

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The tone is the message

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Big problems are scarierScaling Challenges

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As the company grows,so does the impact of decisions

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You want the answersBefore you communicate

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Problem:Pricing

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Pricing Testing

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$25/monthUnlimited videos

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Gross Margin

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Secretly solve the problem

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Eureka!

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We have to raise prices

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The team hated the solution

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We formed anew team to own the

problem.

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The solved the problem openly

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Problem:Changing how we set strategy

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Solve big problems openlyLesson

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There is no time to thinkScaling Challenges

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It’s my job to be busy

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Work Life Unbalanced

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I forgot thatthinking is work

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Running a companyis a creative endeavor

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Solving communication challengesMaking decisions around pricing

Building a more diverse workforce

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You need to see thinking as real work

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Getting free time is hard

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Being busy is a people problemnot a productivity problem

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Delegate moreGet better people

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Hackathons

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Everyone needstime to think and create

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Don’t feel guilty having free timeLesson

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Focus on tone

Solve big problems openlyDon’t feel guilty having free

time

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Thanks!