Edu: Startup Planning — Follow the Ten Commandments w/ Oliver Heckmann

Edu: Startup Planning — Follow the Ten Commandments w/ Oliver Heckmann

Good plans often make the difference between success and failure. Yet so many organisations are filled with time-consuming, ineffective, demoralising planning processes that have everybody muttering “waste of time” under their breath.

Fear not! We have very special guest Oliver Heckmann—Head of Engineering at Silicon Valley darling Coda and former Google VP—to help set you up for good planning! In this episode, Oliver talks through his “Ten Commandments of Good Planning”. These commandments have been honed through years of hands-on work helping organisations deliver value. Oliver is one of the very best… you don’t want to miss this one.The Ten Commandments of Good Planning

  1. Thou shalt plan both top-down and bottom-up

  2. Thou shalt not plan for the future without reflecting on the past

  3. Thou shalt not blindly copy someone else’s tool or process

  4. Thou shalt not spread planning information across different places

  5. Thou shalt not plan in a separate place than you execute

  6. Thou shalt not confuse Goals with Stretch Goals

  7. Thou shalt not waste time on success metrics when success is obvious, or rush success metrics when success is not obvious

  8. Thou shalt not etch your plans in stone

  9. Thou shalt spend no more than 10% of your time planning

  10. Thou shalt not confuse OKRs with strategy or vision

Episode Links

  • Oliver Heckmann on LinkedIn: https://www.linkedin.com/in/oliver-heckmann-a173082/

  • Email Oliver to talk planning and OKRs at your organisation: oheckmann@coda.com

  • Oliver’s template for hackathons, ideations, awards, and more: https://coda.io/@oliverheckmann

The Pact

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Key links

  • The Startup Podcast is sponsored by UntilNow, a next-generation agency and venture studio https://www.untilnow.com.au/

  • Follow us on YouTube for full-video episodes: https://www.youtube.com/channel/UCNjm1MTdjysRRV07fSf0yGg

  • Get your question in for our next Q&A episode: https://forms.gle/NZzgNWVLiFmwvFA2A

  • The Startup Podcast website: https://tsp.show

Learn more about Chris and Yaniv

  • Work 1:1 with Chris: http://chrissaad.com/advisory/

  • Follow Chris on Linkedin: https://www.linkedin.com/in/chrissaad/

  • Follow Yaniv on Linkedin: https://www.linkedin.com/in/ybernstein/

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Edu: Engaging Young Employees - Do You Know How To Attract Bright Young Minds? w/ Dan Brockwell from Earlywork

Edu: Engaging Young Employees - Do You Know How To Attract Bright Young Minds? w/ Dan Brockwell from Earlywork

What do you need to do to keep employees engaged and committed? What should your position be on remote work? Side hustles? Ping pong tables? Should you offer all employees equity? Chris and Yaniv discuss all this and more with Dan Brockwell, Founder and Chief Meme Officer of Earlywork, a vibrant community for early-career professionals. Topics include: Job risk vs. career risk What candidates are looking for in their career ESOP Remote vs. In office Diversity and inclusion Side hustles How young candidates are looking for jobs Check out Earlywork at earlywork.co This episode is brought to you by n14.io

26 Maj 202246min

Edu: Finding and Hiring Talent - Always Be Closing

Edu: Finding and Hiring Talent - Always Be Closing

Look at any great tech company, and there is an exceptionally talented team behind it. Great talent is always in short supply, so how do you make sure that you are able to secure incredible people for your startup? In this episode, Chris and Yaniv discuss: Hiring as marketing & sales Sourcing Employer branding What makes a good startup employee How to run a tight process Making a thoughtful decision Closing well Chris' "Tips for hiring like Uber" post: https://www.chrissaad.com/startupsnippets/2021/12/oxin1bo5ow0s53tz7vcsh7c3g8z5k3

19 Maj 202254min

Edu: Finding a Co-founder - Avoid Choosing the Wrong Partner

Edu: Finding a Co-founder - Avoid Choosing the Wrong Partner

The co-founder relationship is far and away the most important one in any startup. If you get the partnership right, you become an unstoppable team. If you get it wrong, the relationship will blow up -- most likely taking the startup with it. So how do you know what to look for in a co-founder? And how do you find Mr/Mrs/Mx Right? In this episode, Chris and Yaniv dive into: Getting unstuck at the beginning of the startup journey Do you need a co-founder? (spoiler alert: yes) The key skillsets in a founding team Co-founder relationship as a marriage, founder dating What makes someone a co-founder Finding vs. earning a co-founder

11 Maj 202243min

Edu: Technology vs. Product - The Power of Saying No

Edu: Technology vs. Product - The Power of Saying No

You’re a “tech” company, so you’re building technology, right? Wrong. Technology is merely the medium through which you are bringing a product to the world. In this episode, Chris and Yaniv talk about what it means to build a product, what that means for your relationship with customers, and the profound importance of learning how to say “no” to your customers.

5 Maj 202254min

Edu: Picking the Right Business Model - Don't Prop up the Industry you Should be Disrupting

Edu: Picking the Right Business Model - Don't Prop up the Industry you Should be Disrupting

Have you followed your heart when choosing the business model for your startup? Or are you making the choice out of fear? Yaniv and Chris examine when to go B2B and when to go B2C, and how too many startups are selling to the very industry they should actually be disrupting. Episode overview: [1:44] Chris explains how the Netflix and Uber b2c business models made them so truly disruptive [7.22] Why pursue a full-stack disruption over a traditional B2B model? [11:16] Case study examples: Uber and Instagram’s success with customers [13:51] The consequences of moving from B2B to B2C [16:21] Aggregation theory and power of aggregating demand [29:01] The mirage of playing it safe in life and in business [29:53] How to bring investors on board with your b2c, full-stack disruption business model References: Stratechery blog - https://stratechery.com/

28 Apr 202233min

Edu: Investing & Fundraising - The Truth About VC w/ Nick Crocker from Blackbird Ventures

Edu: Investing & Fundraising - The Truth About VC w/ Nick Crocker from Blackbird Ventures

Chris and Yaniv have a discussion with Nick Crocker, General partner at Blackbird Ventures.  Together they discuss  The truth about "VC Value add" and how the wrong investor can be value destructive How founders and VCs partner over a multi-stage iterative game of growth Reference checking potential investors How founders imagine and build new products The importance of hiring operations and finance people The precious nature of a founder's attention and health And more!

21 Apr 202256min

Edu: Fundraising Basics Part 3 - Crafting your pitch

Edu: Fundraising Basics Part 3 - Crafting your pitch

Building compelling and clear fundraising narratives and pitch decks can be life and death for your startup.  In this episode, Yaniv and Chris discuss what a standard pitch deck narrative looks like and go deep on each slide and explain best practices and common mistakes when telling your story. They also talk about other important uses of the pitch deck that you might not have considered yet!

14 Apr 202253min

Edu: Fundraising Basics Part 2 - Avoid Selling Yourself Short

Edu: Fundraising Basics Part 2 - Avoid Selling Yourself Short

Knowing how to run a good fundraising process (and what to ask for) can make the difference between a glorious partnership that takes you to your next big milestone and serious resource constraint and a fractious relationship with investors. Getting this right is one of the highest leverage things and founder can do. In this episode, Chris and Yaniv discuss: Signaling: how to make yourself look credible How to run a fundraising process How to craft your ask (how much, for what valuation) How to pick your investors Article link: VCs Should Play Bridge

6 Apr 202252min

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