Become a better communicator in 1 minute

Plus, how Uber hit $10 billion in revenue ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  January 24th, 2022 The Memo | Issue #77 Effective leadership is only as powerful as the team behind it. Think about it: as your leadership team grows, more and more of the day-to-day work gets delegated out to teams like product, operations, sales, etc. So part of the role of leadership is to [inspire and secure buy-in]( high-level vision and tactical strategies—from the whole team. Now, let’s dive in... Become a Better Communicator in 1 Minute “Consider this to be the one-stop-shop for your team members to get a sense of what they could be reading or consuming to further develop their perspectives.” Here at Scalable, we’re big proponents of frequent, transparent company communications. That includes the CEO, and the most important part of your update is the “how we’re doing” section. Getting that section right, according to Scalable Co-Founder and CEO Ryan Deiss, is all about being straightforward and avoiding spin. In this 1-minute short video, Ryan explains how you can nail the backbone of your regular CEO update and [become a better communicator]( with your team. Related: [The CEO newsletter email you should send every week]( Founder Lessons on the Transition to CEO “As a coach (or CEO), you will direct, inspire, and empower a team of players, who will assume many of the responsibilities you may have owned to this point (as a founder).” As a founder, moving from a role where you have your hand in most everything to the CEO role of leading and strategizing can be fraught. It’s hard to know when the right time is, how to navigate the transition… even if you’re the right person to become CEO. After all, CEO is a job that’s almost impossible to prepare for until you’ve actually done it. That’s why some of the best advice comes from other founders who’ve made the transition. For their In The Works publication, Help Scout rounded up those experiences for you. We love this article because it’s [advice straight from founders-turned-CEO who’ve made the transition]( and learned the hard lessons firsthand. Tips include: - Knowing what you don’t know - Staying curious - And more Related: [What kind of founder are you?]( Here’s How Uber Hit $10B in Revenue “They grew riders and drivers the hard way—coordinating street teams that handed out discount cards next to train stations—and reacted to the constant threats of regulation and competition.” It’s no secret that Uber created breakout growth and revenue generation within just a few years of launch. The company upended an entrenched industry and created a whole new market from the ground up. But how? In this article, Andrew Chen—formerly the Head of Rider Growth at the company—shares his inside view into how it happened and [how the company hit $10 billion in revenue]( just 6 years after they launched. We love this article because Andrew shares in-depth details and tips from his time at Uber. Plus, the article is an excerpt from his recent book, where you can get even more juicy insider knowledge. Related: [How to target high revenue customers]( You Should Hire a CFO “A year ago, he wouldn’t have been interested in your company. Now, he can see a clear path to you being a billion dollar business.” Should you hire a CFO? Chances are, when you started the company CFO is one of the many hats you wore yourself, but it might be time to hire a dedicated pro instead. Serial founder and startup coach Brett Fox argues a CFO can be a huge asset when it comes to growing your company. In this quick 2-minute read, Brett shares a conversation he had with the CEO of one of the startups he works with. Their conversation shows the potential [impact of hiring an experienced CFO]( and highlights a few key things to keep in mind as you look to hire. Related: [The Scalable Hiring Process]( One Last Thing... Your leadership team is inspired and bought-in—great! Now, how about the rest of the team? - The Scalable Team --- We hope you enjoyed this week’s issue. If you did, could you do us a favor and share it with 3 friends and colleagues? It would mean the world to us. Thanks. :) Share The Memo Step 1: Click the button below Step 2: Share the Memo with friends Step 3: Earn Rewards Refer 3 friends and get listed on our site as a "Founding Subscriber," plus some mystery gifts we know you'll love... :) [Share The Memo]( Or copy & paste your referral link to share directly with others: What is The Memo (a.k.a. the thing you’re reading right now)? Every week, my partners and I send an email memo to our internal executive leaders (the people running our companies) sharing news and insights we believe they should know. Sometimes it's an interesting article...sometimes it's a new thought or idea...but it's always something timely, tactical, and actionable. Now, you can get the same memo... and you don't even have to sell us your company. 🙂 What is The Scalable Company? The Scalable Company is a collective of founders and entrepreneurs who have no idea what they’re doing, and are willing to admit it. You can read our “Accidental Entrepreneur Manifesto” [here]( and peruse our internal “wiki” of resources and best practices [here](.  Sent to: {EMAIL} The Scalable Company, 4330 Gaines Ranch Loop, Ste 120, Austin, Texas 78735, United States Don't want future emails? [Unsubscribe](