I think if you're not scared at
Speaker:all, either you're fooling
Speaker:yourself, or there might be
Speaker:something pathologically wrong
Speaker:with you. If you're going from
Speaker:complete security to complete
Speaker:insecurity, all humans will
Speaker:experience moments of fear of
Speaker:the unknown. That's very
Speaker:natural and normal. How you push
Speaker:through that fear and make it
Speaker:useful to you, that's the part
Speaker:that I think we all are training
Speaker:on and trying to be better at.
Speaker:That's Amy Chang, board member
Speaker:of Procter & Gamble and founder
Speaker:of the AI-powered business
Speaker:intelligence platform that was
Speaker:acquired by Cisco in 2018. Amy
Speaker:is a digital pioneer. She's been
Speaker:listed as one of Fast Company's
Speaker:most creative people, Fortune's
Speaker:most powerful women, and Forbes'
Speaker:top 50 women in tech. At Cisco,
Speaker:she led the company's multi-
Speaker:billion dollar Collaboration
Speaker:business, and its 5,000 person
Speaker:team. Amy also worked at Google,
Speaker:where she grew Google Analytics
Speaker:to serve over 86 percent of the
Speaker:entire Web. Currently, she
Speaker:serves as an advisor to high-
Speaker:growth tech companies like
Speaker:HubSpot and Optimizely. In this
Speaker:episode, we learn about Amy's
Speaker:entrepreneurial journey and her
Speaker:difficult decision to leave
Speaker:Google to start her own company.
Speaker:She also shares her tips on
Speaker:mastering fear and using it to
Speaker:achieve ambitious goals. This is
Speaker:Daniel Saks, co-CEO of AppDirect,
Speaker:and it's time to decode fear and
Speaker:leaning into the unknown.
Speaker:Welcome to "Decoding Digital," a
Speaker:podcast for innovators looking
Speaker:to thrive in the digital economy.
Speaker:I'm your host, Daniel Saks, and
Speaker:I'll sit down with other
Speaker:founders, CEOs, and changemakers
Speaker:to decode the trends that are
Speaker:transforming the way we work.
Speaker:Let's decode. Amy, welcome. I'm
Speaker:so thrilled to be speaking with
Speaker:you today.
Speaker:I'm so thrilled to be here with
Speaker:you.
Speaker:Let's start from the beginning.
Speaker:Tell us about how you got into
Speaker:technology.
Speaker:Our whole family is nerdy and
Speaker:engineers. Apparently, only
Speaker:produce engineers, so both my
Speaker:parents, engineers, my sister,
Speaker:engineer, me, engineer,
Speaker:so that happened.
Speaker:Tell me what it was like to grow
Speaker:up in a family of engineers.
Speaker:My dad and I had a thing we did
Speaker:pretty much every night. We
Speaker:would watch reruns of "Star Trek --
Speaker:Next Gen" from 9:00 to 10:00
Speaker:PM. They were on one of our five
Speaker:channels on TV that you get for
Speaker:free because we were a Chinese
Speaker:frugal household that did not
Speaker:pay for cable, so that was what
Speaker:was on for free. We would watch
Speaker:pretty much every night, and
Speaker:that was our thing that we did
Speaker:together. It was really fun
Speaker:because then at Stanford, I got
Speaker:to take the philosophy of Star
Speaker:Trek -- Next Gen class where you
Speaker:talk about how Descartes relates
Speaker:to certain episodes or Hegel to
Speaker:other episodes, and it was crazy
Speaker:fun. That's how we grew up.
Speaker:Clearly, Star Trek was about the
Speaker:future. Take us back then when
Speaker:you were at Stanford. What did
Speaker:you think the future would be
Speaker:like?
Speaker:I have to say one of the things
Speaker:that I love most is not to know
Speaker:it. Anything that could be in
Speaker:your imagination, at any given
Speaker:time, the future has so far
Speaker:eclipse anything I could have
Speaker:imagined. I think of, for
Speaker:example, automotive, and just
Speaker:getting around town and the
Speaker:first time the OS updated on the
Speaker:Tesla. We got into it and got
Speaker:onto AD and let it autopilot. It
Speaker:was mind-blowing. The lane
Speaker:changing capabilities all of
Speaker:that. Just in that year, I've
Speaker:never expected it to come so
Speaker:quickly. I find I'm continuously
Speaker:pleasantly surprised by such
Speaker:things.
Speaker:Clearly, you've had the
Speaker:opportunity to sit on many
Speaker:boards and look at technology at
Speaker:the largest scale -- Cisco,
Speaker:Procter & Gamble. You've also
Speaker:had the opportunity to start
Speaker:your own startup. That's really
Speaker:on the cutting edge of
Speaker:technology and AI. What advice
Speaker:would you give to someone
Speaker:starting their career in
Speaker:technology in order to get going?
Speaker:I think keeping an open mind and
Speaker:really allowing for serendipity
Speaker:to happen to. If you're too
Speaker:stuck on any one subsector or
Speaker:any one idea, a lot of times
Speaker:you'll miss the signals that are
Speaker:coming towards you that, maybe,
Speaker:you shouldn't be ignoring. Even
Speaker:picking a subspecialty for
Speaker:whatever major, if you're CS, UW
Speaker:or whatever you are, and being
Speaker:open to taking class is outside
Speaker:of that subspecialty and just
Speaker:being open to ideas and people
Speaker:and making sure that you're
Speaker:within our people who open your
Speaker:mind to other possibilities, I
Speaker:think those pieces are all
Speaker:really important.
Speaker:Having an engineering background
Speaker:and going to Stanford, you
Speaker:probably had the opportunity to
Speaker:do a lot of things post school,
Speaker:but you chose to go to McKinsey.
Speaker:Can you tell us why?
Speaker:That's a funny one. I
Speaker:didn't know I was going to
Speaker:choose to go to McKinsey,
Speaker:actually. I've gotten into this
Speaker:thing called the Mayfield
Speaker:Fellows Program in my senior
Speaker:year, and it lasted from senior
Speaker:year through co-term year. It
Speaker:opened up an entire world, where
Speaker:I figured out I didn't know
Speaker:anything about the go-to market
Speaker:side of things. I didn't even
Speaker:know what a business model was.
Speaker:I didn't know what a supply
Speaker:chain was. I didn't know what
Speaker:any of that was. It just felt
Speaker:like there was this whole half a
Speaker:sphere missing, a whole realm of
Speaker:things that I just had no idea
Speaker:about. I didn't want to pay to
Speaker:go to business school and accrue
Speaker:a lot of debt because I figured
Speaker:I just didn't want to. I looked
Speaker:at some of my friends who were
Speaker:going to McKinsey and Bain and
Speaker:BCG, and these places where it
Speaker:felt like they would give you an
Speaker:MBA level education in a few
Speaker:years, where they would pay you,
Speaker:and you would get to travel
Speaker:everywhere. I had not
Speaker:been anywhere at that point, and
Speaker:I really wanted to go see the
Speaker:world. I decided I would go to
Speaker:McKinsey and I was
Speaker:filmed. My poor dad said to me, "
Speaker:OK, so they don't build anything.
Speaker:They don't create anything. As
Speaker:far as I can tell, all they do
Speaker:is talk. Am I getting that,
Speaker:right?" I'm like, "Yeah, dad."
Speaker:. He
Speaker:was thinking, "OK, so you're
Speaker:going to give up. In an
Speaker:engineering position, to go and
Speaker:just talk and hear other people
Speaker:talk." "OK." I have to say the
Speaker:one thing you learn there at a
Speaker:consulting firm is how to tell a
Speaker:story -- a cohesive, coherent,
Speaker:compelling story. That has been
Speaker:useful for an entire career
Speaker:lifetime. You also start to
Speaker:understand the importance of a
Speaker:network, what could happen if
Speaker:you knew people and were
Speaker:connective tissue for other
Speaker:people in different ways.
Speaker:McKinsey was a phenomenal
Speaker:education. After two and a half
Speaker:years, I decided, "Yeah, I want
Speaker:to go build something. I want to
Speaker:go actually create," and that's
Speaker:when I left to go to eBay.
Speaker:Tell us about eBay.
Speaker:That was eBay's heading because
Speaker:they're growing really, really
Speaker:rapidly and it's all about
Speaker:community, both the buyers and
Speaker:the seller community. It had a
Speaker:lot of heart. People were very,
Speaker:very passionate. It was still
Speaker:growing rapidly when I first got
Speaker:there, and I was managing the
Speaker:paid search and affiliates
Speaker:channels. What I got to see
Speaker:firsthand was how dependent all
Speaker:of these ecommerce marketplaces
Speaker:and players were on Google and
Speaker:Yahoo on paid search. The more I
Speaker:delved into it, the more clear
Speaker:it became that I needed to be on
Speaker:the supply side versus the
Speaker:demand side of this equation,
Speaker:which is when I went and
Speaker:interviewed at both Google and
Speaker:Yahoo. At the time, it wasn't
Speaker:clear that Google would become
Speaker:what it's become and Yahoo would
Speaker:become what it's become. Because
Speaker:it was 2005, they were pretty
Speaker:neck and neck. Google was number
Speaker:one, but the share was tight. I
Speaker:interviewed at both. This is the
Speaker:thing you'll find is, sometimes,
Speaker:you need some time to sit by
Speaker:yourself and absorb and then
Speaker:decide instead of just letting
Speaker:everything come at you. Google
Speaker:was like, "Come. Don't come. We
Speaker:got 10 more like you."
Speaker:You make your call in 48 hours.
Speaker:Yahoo, Jeff Wiener was still
Speaker:leading search at the time. That
Speaker:man knows how to roll out the
Speaker:red carpet. He's very persuasive
Speaker:and he did a really good job
Speaker:there and setting up the
Speaker:position, and I was really
Speaker:compelled by it. I decided, "OK,
Speaker:as one last check, I'm going to
Speaker:go and sit on both campuses by
Speaker:myself for a couple hours," and
Speaker:you can't get in the building,
Speaker:but they can't keep you from
Speaker:just sitting outside of the
Speaker:building, which what's going to
Speaker:stop you. I just went and sat
Speaker:in front of both. Yahoo just
Speaker:felt so different than Google.
Speaker:Google felt alive with energy.
Speaker:Meaning, people were walking to
Speaker:and from the different buildings.
Speaker:They were animated, and they
Speaker:were engaged in discussion. It
Speaker:felt almost like a college
Speaker:campus. You could tell that
Speaker:people felt strongly about
Speaker:whatever it was that we're
Speaker:talking about is full of life,
Speaker:whereas at Yahoo if not more
Speaker:corporate. That was what made my
Speaker:decision for me, and I chose
Speaker:Google. I have never
Speaker:regret that obviously since but
Speaker:it was a wild ride because at
Speaker:the time Google was still in the
Speaker:thousands, and we were doubling
Speaker:every six months. This is the
Speaker:thing that I always tell people
Speaker:who are earlier in career. Look
Speaker:for places with growth. If you
Speaker:are someone who wants to learn
Speaker:densely in his accelerated ways
Speaker:possible, nothing will provide
Speaker:that for you like growth well,
Speaker:because when there's growth,
Speaker:there's just so much room for
Speaker:taking on more responsibility
Speaker:and having more impact. The
Speaker:politics don't start to come in
Speaker:until growth slows and a company
Speaker:is in stasis or is shrinking,
Speaker:because that's when the elbows
Speaker:come out from people, but when
Speaker:you're in growth and everybody
Speaker:needs to take on more
Speaker:responsibility every single week,
Speaker:there's plenty of whitespace and
Speaker:plenty of room to ask for more,
Speaker:and you will grow as a result
Speaker:much more rapidly.
Speaker:What did you see at Google that
Speaker:led you to start a company?
Speaker:It wasn't so much what I saw at
Speaker:Google. It's what I experienced
Speaker:there leading Google Analytics.
Speaker:Google Analytics had reached the
Speaker:point where we were processing a
Speaker:billion queries per second. It's
Speaker:a giant backend. We've also got
Speaker:into the way where we were
Speaker:serving almost 86 percent of the
Speaker:entire Web. When Facebook got a
Speaker:hit, we got a hit. When Twitter
Speaker:got a hit, we got a hit. When
Speaker:everybody got a hit, we got a
Speaker:hit. We started to realize we
Speaker:needed an enterprise-grade
Speaker:solution. We were competing with
Speaker:Coremetrics and Omniture in the
Speaker:high end at that point, both of
Speaker:which since were acquired. Long
Speaker:story short, they had enterprise-
Speaker:grade solutions where they had
Speaker:services. They had support. They
Speaker:had real enterprise salespeople
Speaker:to sell it. They had the whole
Speaker:go-to-market motion and stock.
Speaker:We had none of that. In order
Speaker:to service customers like Intel
Speaker:or Schlumberger, or whomever, we
Speaker:had to put a lot of that
Speaker:structure in place. I remember I
Speaker:went to this review with Larry
Speaker:and Sergey. I was a little bit
Speaker:arrogant in my assumption on
Speaker:what we could do with this
Speaker:business right off the bat.
Speaker:They were like, "OK. Well, if
Speaker:you think there's a business to
Speaker:be had here, and you think it's
Speaker:so important to multi-channel
Speaker:attribution -- etc., etc. --
Speaker:then you go build it. Why don't
Speaker:you sell the first 10 customers,
Speaker:enterprise-wise, yourself? Then
Speaker:come back and show us that
Speaker:people actually want this." I
Speaker:was like, "Psh, no problem. With
Speaker:10 million customers, I'm
Speaker:positive I can get 10 to sign up
Speaker:for this six-figure amount
Speaker:annually. Not a problem." I went
Speaker:off and I thought this would be
Speaker:a lot easier than it was. I got
Speaker:my ass handed to me. I knew
Speaker:nothing about enterprises
Speaker:at all. I'm sitting in
Speaker:this meeting, and there are 19
Speaker:executives from this giant
Speaker:Fortune 50 company. They had
Speaker:announced a huge layoff in reorg
Speaker:that morning, and I missed it
Speaker:because I'm also running Google
Speaker:Analytics while at the same time
Speaker:trying to sell these 10
Speaker:customers. I missed it. I
Speaker:didn't see it coming in the
Speaker:times. I opened my mouth and I
Speaker:inserted foot, my knee, my
Speaker:everything. Everything went in,
Speaker:and it was so embarrassing. I
Speaker:don't know if you've ever felt
Speaker:the blood go from your neck all
Speaker:the way up to your scalp line.
Speaker:It's like, "Rise up." I just
Speaker:wanted the Earth to open up and
Speaker:swallow me. Then the third time
Speaker:that happened, I was thinking to
Speaker:myself, "OK, my calendar is
Speaker:available and the attendees are
Speaker:available. How is there not an
Speaker:intelligent service that can
Speaker:brief me and alert me on things
Speaker:I need to know if these are the
Speaker:meetings I have today?" Every
Speaker:single salesperson on Earth.
Speaker:Every single outbound person on
Speaker:Earth could use this. Why does
Speaker:it not exist? That was the pain
Speaker:that started the idea. Then my
Speaker:CTO and co-founder, who...We've
Speaker:been good friends at
Speaker:Google since my second week
Speaker:there because he helped me out
Speaker:of a massive technical jam. We
Speaker:worked closely together for the
Speaker:entire time. We were cool. We
Speaker:were discussing this and he was
Speaker:like, "Well, why don't we go
Speaker:start this company? What's
Speaker:stopping us from doing it? We
Speaker:should do it." I went, "OK, so
Speaker:you want to do this together?"
Speaker:he was like, "Yeah, let's do it."
Speaker:That's how that all started.
Speaker:Then our CFO and co-founder was
Speaker:my husband who we met at
Speaker:McKinsey. He was CFO for that
Speaker:company Ning
Speaker:before he was our CFO, and we
Speaker:were off to the races. It was
Speaker:super scary because leaving
Speaker:Google...Google's a nice cocoon.
Speaker:They treat their
Speaker:employees very well. Things were
Speaker:going well career-wise, but then
Speaker:I had this feeling. Dan, have
Speaker:you ever...Right before you
Speaker:close your eyes at night, and
Speaker:then right when you open your
Speaker:eyes in the morning, you feel
Speaker:like there's something missing.
Speaker:There's something else. I should
Speaker:be much more grateful for where
Speaker:I am and what I'm doing right
Speaker:now. Why am I not feeling that?
Speaker:I feel like when you have that,
Speaker:it's your subconscious telling
Speaker:you that there's a change you
Speaker:want to make. You might fear
Speaker:making that change, but it's
Speaker:there and it ends up the most
Speaker:important thing, the best thing.
Speaker:You describe that feeling so
Speaker:well. That feeling where you
Speaker:know that there's something out
Speaker:there. That was the feeling that
Speaker:I had when me and my co-founder
Speaker:decided to jump in. It's funny
Speaker:because the question you say
Speaker:like, "Just do it. Let's go.
Speaker:Let's do it. What's stopping us?"
Speaker:That's often the question when I
Speaker:speak to entrepreneurs of that
Speaker:crazy moment. It's like, "Let's
Speaker:just take the leap. If you have
Speaker:that conviction and don't look
Speaker:back, then great things can
Speaker:happen." Maybe fast forward a
Speaker:few weeks after you had that
Speaker:conversation, "Let's take that
Speaker:leap." You quit Google. That's
Speaker:incredible job running Google
Speaker:Analytics. Your husband. You're
Speaker:both all in.
Speaker:To be fair, I took a sabbatical.
Speaker:If you're not scared at all,
Speaker:either you're fooling yourself
Speaker:or there might be something
Speaker:pathologically wrong with you.
Speaker:If you're going from complete
Speaker:security to complete insecurity,
Speaker:all humans will experience
Speaker:moments of fear of the unknown.
Speaker:That's very natural and
Speaker:normal. How you push through
Speaker:that fear and how you make it
Speaker:useful to you, that's the part
Speaker:that we all are training on and
Speaker:trying to be better at. I'll
Speaker:tell you, it was the scariest
Speaker:thing I've ever done -- to leave
Speaker:Google -- because it was a great
Speaker:place. As my mom would tell me
Speaker:every couple of days, "Some
Speaker:people would give their right
Speaker:arm to be there and to be doing
Speaker:this. Google's such a great
Speaker:company. How could you possibly
Speaker:leave? Who's going to follow you?
Speaker:Who's going to give you funding?
Speaker:How are you going to make this
Speaker:all work? Are you sure? Is this
Speaker:irresponsible parenting? There
Speaker:was all of those
Speaker:questions and she was giving
Speaker:voice to my deepest, darkest
Speaker:fears. "Who's going to follow
Speaker:you? Who's going to fund this?
Speaker:Is anyone going to buy this? Is
Speaker:anyone going to care? Can we
Speaker:redo this outside of the Google
Speaker:machinery which is such an
Speaker:effective distribution engine?
Speaker:I had all of those questions and
Speaker:more sitting there, poking me at
Speaker:2:00 AM when I would wake up,
Speaker:and be afraid of leaving.
Speaker:Let's decode this fear.
Speaker:Fear drives you to succeed. When
Speaker:I hear you telling me that your
Speaker:parents think you're crazy, I
Speaker:feel maybe that's a good sign
Speaker:that you're doing the right
Speaker:thing as an entrepreneur,
Speaker:because my parents did the same
Speaker:thing. They're like, "How could
Speaker:you be doing this? Why don't you
Speaker:get a job somewhere?" That was
Speaker:the sign that, "Hey, maybe I'm
Speaker:crazy enough to do something
Speaker:great." Tell me more about the
Speaker:fear, not only for you but for
Speaker:the people you attracted in the
Speaker:early days of the company.
Speaker:For you to be able to attract
Speaker:people, you have to
Speaker:master that fear because you
Speaker:need to broadcast some
Speaker:confidence and faith that this
Speaker:is going somewhere. I
Speaker:got lucky and that I had two co-
Speaker:founders. One, my best friend
Speaker:and one, my husband. That was
Speaker:lucky because it was a lot less
Speaker:lonely that way. I had two
Speaker:people who were as invested in
Speaker:the businesses as I was who I
Speaker:could talk to about anything.
Speaker:For every founder who's thinking
Speaker:about starting a company,
Speaker:whether entrepreneurial or
Speaker:outside entrepreneurial, you've
Speaker:got to have your sounding boards.
Speaker:You almost have to have your
Speaker:kitchen cabinet where...These
Speaker:are people you can turn to for
Speaker:advice, for empathy, for...To be
Speaker:able to talk to people about the
Speaker:really difficult decisions that
Speaker:you will inevitably have to make,
Speaker:and to not be alone in making
Speaker:those decisions. It can be
Speaker:anybody on that kitchen cabinet.
Speaker:It can be siblings. It can be
Speaker:best friends. It could be work
Speaker:mentors. Anybody who you can
Speaker:trust to keep things in the
Speaker:vault. It's so important in
Speaker:managing your own psychology to
Speaker:have some people who you trust,
Speaker:who you can talk to. The first
Speaker:time you have to fire somebody
Speaker:who's been there for two or
Speaker:three years with you, who you
Speaker:like as a person, I hope it does
Speaker:tear you up. That means you're
Speaker:human and you continue to
Speaker:experience the full gamut of
Speaker:emotions. It's hard if they're
Speaker:not the right person or fit for
Speaker:the company anymore. You can do
Speaker:it in a humane way, but it has
Speaker:to be done. There's a thousand
Speaker:of those types of questions and
Speaker:issues that you'll face. Having
Speaker:people to go to, to talk to
Speaker:makes it a lot less lonely.
Speaker:That's fear mastering it alone.
Speaker:Maybe some people can do that.
Speaker:That wasn't my style. I like to
Speaker:have partners in crime, and it
Speaker:was so helpful to do that.
Speaker:Clearly, there's fear at the
Speaker:beginning, fear of failure. What
Speaker:other fear did you have to
Speaker:overcome in the early stages of
Speaker:the business?
Speaker:There is fear every day. When
Speaker:you see a competitor do
Speaker:something, you're like, "Oh,
Speaker:geez," or an API shuts down that
Speaker:you had access to. A data source
Speaker:shuts down that you had access
Speaker:to. Is this going to happen more?
Speaker:You hear about some piece of
Speaker:legislation that might come to
Speaker:pass that affects you. There's
Speaker:all kinds of meteorites that are
Speaker:coming into your atmosphere on
Speaker:any given day that could be
Speaker:scary. Learning, again, how to
Speaker:make that fear work for you is a
Speaker:big part of it. Dan, have you
Speaker:experienced that too, where
Speaker:something comes in from the left
Speaker:field that you read in the
Speaker:morning of some competitors
Speaker:doing something that is in your
Speaker:next release or two releases out?
Speaker:All of a sudden, you're like, "
Speaker:Oh, crap. How far ahead are they
Speaker:in this particular arena?" How
Speaker:you master that and make it work
Speaker:for you and work for the team,
Speaker:that's the differentiator.
Speaker:Definitely. Every day there's
Speaker:something that comes up from
Speaker:left field, sometimes when
Speaker:you're multitasking. It's like
Speaker:that feeling of being in a
Speaker:meeting engaged, and then you
Speaker:get a text saying...
Speaker:Wait!
Speaker:The platform's down." This is it.
Speaker:This is our challenge. What are
Speaker:the techniques you found to
Speaker:master that fear?
Speaker:I actually started meditating
Speaker:about nine years ago.
Speaker:It helped me immensely. What I
Speaker:have found working with the
Speaker:coaches, almost everyone who's
Speaker:ENTJ from Myers-Briggs Type
Speaker:needs to meditate, by the way,
Speaker:because your team will
Speaker:appreciate it. We're naturally
Speaker:bossy, demanding, impatient, and
Speaker:urgent people. To make
Speaker:that leadership style work for
Speaker:the team, meditation is really
Speaker:helpful. I find I listen better
Speaker:after I meditate. I'm calmer in
Speaker:the face of these exogenous
Speaker:factors coming in. They're more
Speaker:easily put into perspective.
Speaker:That has been something that's
Speaker:been so helpful to me. My
Speaker:husband can literally tell if I
Speaker:haven't meditated that day, and
Speaker:he'll be like, "Hey, do you want
Speaker:to make some time for meditation?"
Speaker:What other techniques do you
Speaker:have to master fear?
Speaker:I think one of the biggest ones,
Speaker:one day a month, what I would do
Speaker:is in -- every other month, this
Speaker:got violated because of some
Speaker:customer-related issue -- but
Speaker:once every other month -- and I
Speaker:put it in for once a month,
Speaker:don't forget because things
Speaker:happen -- I would actually go
Speaker:away either by myself or with
Speaker:just one or two select members
Speaker:in the team that we needed to
Speaker:bring trust with. I take those
Speaker:issues. At any given time, I
Speaker:have a note on my phone that
Speaker:listened to issues that I felt
Speaker:like were going to be most
Speaker:existential or the scariest
Speaker:things if I thought about them
Speaker:that I didn't have time to
Speaker:process in that moment, but it
Speaker:would be a persistent layer of
Speaker:fear that would accompany me
Speaker:through my day, so I'd write
Speaker:them into this note. Then, once
Speaker:a month, I'd take them out and
Speaker:just fully, fully tackle them
Speaker:and get totally in it, and
Speaker:immerse in that issue, immerse
Speaker:in that fear and figure out what
Speaker:is it I'm afraid of around this
Speaker:issue. Let me get all the
Speaker:information I could possibly get.
Speaker:Then, I'm going to make a
Speaker:decision. Whatever call I make
Speaker:right or wrong, we will iterate
Speaker:from it, and we will zig and zag,
Speaker:but we're not going to sit here
Speaker:in paralysis right over this
Speaker:issue, this fear. We're going to
Speaker:figure out what we're going to
Speaker:do about it, what we're going to
Speaker:go out and do it, or we're going
Speaker:to figure out it's not worth
Speaker:solving. There's no point in
Speaker:being scared of it and shove it
Speaker:into a box. My co-founder had
Speaker:this visualization. He was like, "
Speaker:Yeah, it's almost like you put
Speaker:it in a box. Then, you shoved it
Speaker:into a closet, and you close the
Speaker:door and walk away, and it's
Speaker:calling." You just
Speaker:have to decide. Am I going to do
Speaker:something about it, or am I
Speaker:going to just say, "You know
Speaker:what? There's nothing I can do
Speaker:about this, so I'm not going to
Speaker:focus on it."?
Speaker:We talked about fear as an
Speaker:entrepreneur, but you also have
Speaker:the opportunity to sit on boards
Speaker:of some of the largest companies
Speaker:in the world working with CEOs
Speaker:that have hundreds of thousands
Speaker:of employees. From the outside,
Speaker:you look at these CEOs, and
Speaker:you're like, "They probably are
Speaker:fearless, and they've done this,"
Speaker:but can you give us insights
Speaker:into the fear that they might
Speaker:have?
Speaker:The bigger, crazy fortuitous
Speaker:thing about being on the Cisco
Speaker:and Procter & Gamble boards at
Speaker:the same time was that they
Speaker:would often have board meetings
Speaker:one day after the other. On a
Speaker:Monday, Tuesday, we went to
Speaker:Procter. Then Tuesday night,
Speaker:Wednesday, we might have Cisco.
Speaker:When Venezuelan destabilization
Speaker:happens, when tariff happens,
Speaker:when COVID happened, all of
Speaker:these huge macro forces
Speaker:happening worldwide. I will get
Speaker:to see how these two world-class
Speaker:CEOs handle this issue, and it
Speaker:was the densest learning you
Speaker:could possibly imagine. You put
Speaker:yourself through thinking, "OK,
Speaker:how would I have handled this as
Speaker:the Procter CEO or as the Cisco
Speaker:CEO? What would I have done?"
Speaker:The most important thing is what
Speaker:would I've missed, or what would
Speaker:I have not realized, what would
Speaker:have just flown right over my
Speaker:head, and let me learn from that
Speaker:and let me delve into that.
Speaker:This thing about both David and
Speaker:Chuck, they're very human, very
Speaker:empathetic, very servant
Speaker:leadership style CEOs. They care
Speaker:deeply about their people. I
Speaker:mean, feel for their people.
Speaker:They care. Every employee we
Speaker:have actually genuinely matters
Speaker:to them. They're two people with
Speaker:high EQ and emotion. It matters.
Speaker:The human aspect of, it matters.
Speaker:I think when you're someone who
Speaker:experiences the full range of
Speaker:human emotion, of course, you
Speaker:experience fear. That's normal,
Speaker:but I've never seen either of
Speaker:them paralyzed by fear. I've
Speaker:never even seen them express
Speaker:fear in a non-functional way. I
Speaker:mean, they might say, "OK, well,
Speaker:this is a fear that we should
Speaker:have as company, but here's what
Speaker:we're gonna do about it." At
Speaker:the board level, it's always
Speaker:accompanied by here's what we're
Speaker:going to do about it. I think
Speaker:that it has to be the case of
Speaker:the board because it's the board,
Speaker:but watching these two have to
Speaker:traverse so many macro-economic
Speaker:issues in the last few years has
Speaker:been crazy helpful.
Speaker:Oftentimes, people feel fear in
Speaker:their daily lives and feel that
Speaker:that fear means that they can't
Speaker:be a CEO, or they can't be an
Speaker:entrepreneur. Do you agree with
Speaker:that statement?
Speaker:Absolutely not. I vehemently
Speaker:disagree with that statement,
Speaker:and I'm glad you put it that way
Speaker:and you asked because I think it
Speaker:is such a common misconception
Speaker:that if you feel fear, that
Speaker:perhaps you're not qualified to
Speaker:be CEO, that perhaps you
Speaker:shouldn't be an entrepreneur
Speaker:because entrepreneurs aren't
Speaker:fearless. I just don't think
Speaker:that's true. I'm going to bring
Speaker:Star Trek -- Next Gen back into
Speaker:this for a second.
Speaker:Captain Picard is the fictional
Speaker:leader I most admire out of any
Speaker:content I've ever viewed or read,
Speaker:and the reason is not because he
Speaker:never felt fear. The reason is
Speaker:because he overcame it for the
Speaker:sake of his team, the sake of
Speaker:his crew, and that the well-
Speaker:being of his team mattered more
Speaker:to him than his own fear. I
Speaker:think for every good CEO, and
Speaker:entrepreneur, you should care
Speaker:about your team. You shouldn't
Speaker:feel fear for them. You should
Speaker:feel the full range of human
Speaker:emotions. Sadness for when you
Speaker:have to lay off some folks
Speaker:because you know they have
Speaker:families. You know they have
Speaker:kids. You know they have
Speaker:dependents. Knowing what you
Speaker:have to do for the business, you
Speaker:may fear doing it and you may
Speaker:feel extreme empathy for the
Speaker:people who it affects, and you
Speaker:work through that. I think it
Speaker:makes you a better leader to
Speaker:feel those feelings and to be
Speaker:able to relate to all the team
Speaker:members that you have. I
Speaker:actually think that fear can be
Speaker:a very healthy thing. It can
Speaker:help speed up urgency. It can
Speaker:help make certain that you're
Speaker:prioritizing things properly and
Speaker:prioritizing resources properly
Speaker:because figuring out what to say
Speaker:no to is as important as
Speaker:whenever you say yes to.
Speaker:Sometimes, fear can be that
Speaker:factor that reminds you to
Speaker:examine it, reminds you to pull
Speaker:up, and look at how you're using
Speaker:the company's resources and
Speaker:figure out if that's the right
Speaker:way to do it. Fear can help you
Speaker:be more deliberate. It can help
Speaker:you know that you need to
Speaker:prioritize. These are healthy
Speaker:ways to leverage it. I just
Speaker:never want anyone to think that
Speaker:just because they have that fear,
Speaker:that they shouldn't be a CEO or
Speaker:an entrepreneur. I absolutely
Speaker:don't agree with that.
Speaker:It's interesting because you
Speaker:have an engineering background.
Speaker:You ran Google Analytics, but
Speaker:here, we're talking about
Speaker:psychology and fear and all the
Speaker:soft stuff.
Speaker:Humans are the most complex and
Speaker:the messiest part of what you
Speaker:will deal with as a leader, but
Speaker:they're also the most rewarding
Speaker:part of what you will deal with
Speaker:as a leader. If you think back
Speaker:to all the jobs you've had, do
Speaker:you remember the exact metrics
Speaker:in any given quarter? Do you
Speaker:even remember the projects? No,
Speaker:really not, but you will
Speaker:remember the people that you
Speaker:worked with. You remember the
Speaker:teams that you were on and that
Speaker:you were with. That's what
Speaker:indelibly gets impressed and
Speaker:imprinted into your memory
Speaker:because human portion of it is
Speaker:what matters the most.
Speaker:Amazing. Thank you so much for
Speaker:joining us. It's truly
Speaker:inspirational and really
Speaker:appreciate the time.
Speaker:Me too.
Speaker:On the next episode of Decoding
Speaker:Digital.
Speaker:It's amazing to me that,
Speaker:literally, you could stream
Speaker:video from the space station,
Speaker:but if you, Dan, want to send
Speaker:money to me in London, that's
Speaker:going to take days to get there.
Speaker:It's going to cost you a fair
Speaker:number. It's like, how did we
Speaker:end up here where I can do all
Speaker:of these things almost on an
Speaker:instantaneous basis, but I can't
Speaker:move my own money from point A
Speaker:to point B?
Speaker:CEO of Ripple and former exec at
Speaker:Yahoo and AOL, Brad Garlinghouse.
Speaker:Thanks for listening to Decoding
Speaker:Digital. Make sure you never
Speaker:miss an episode by subscribing
Speaker:to the show in your favorite
Speaker:podcast player. To learn more,
Speaker:visit decodingdigital.com. Until