The Fastest Way To Get Promoted (Career Cheat Codes)

5 Feb 2024 · 50 min

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In short

My First Million - Episode 547: The Fastest Way To Get Promoted (Career Cheat Codes)

Episode Overview In this episode, hosts Shaan Puri and Sam Parr share 16 career principles designed to expedite promotions in the workplace. The discussion is focused on actionable strategies that can help employees stand out and make an impact within their companies, even if they are not in leadership roles.

Key Themes

  • Collaboration Mindset: Work with others rather than for them.
  • Effective Communication: How to present your work and ideas clearly.
  • Building Your Personal Brand: Strategies for establishing a professional reputation.
  • Identifying Opportunities: Finding and addressing small problems promptly to showcase initiative.

Detailed Breakdown of Career Principles

  1. Work WITH, Not FOR
  2. Collaboration over Hierarchy: Treat your relationships at work as partnerships to foster mutual respect and productivity.
  1. Write an Internal Newsletter
  2. Visibility: Share insights, updates, and personal anecdotes with key people in the organization to maintain visibility and engagement.
  1. Present Your Work Well
  2. Clear Communication: Use structured formats to communicate effectively, ensuring your contributions are recognized.
  1. Be a Maker, Not a Taker
  2. Proactive Involvement: Instead of waiting for instructions, create your own plans and proposals to demonstrate leadership qualities.
  1. Work in Public
  2. Transparency: Regularly update your peers and superiors on your progress and successes to ensure your efforts are visible and appreciated.
  1. Logos Matter More Than Titles
  2. Brand Association: The reputation of companies you've worked for can impact your career opportunities significantly.
  1. Choose Your Manager Wisely
  2. Mentorship Impact: The right manager can provide mentorship and visibility; seek out those who are respected and connected.
  1. The 5% Rule
  2. Impactful Contributions: Aim to work on projects that can meaningfully affect company metrics, even if it seems like a small percentage.
  1. Optimize Your Zoom Setup
  2. Professional Presence: Invest in good lighting and audio to enhance your virtual presence, reflecting professionalism.
  1. Use the McKinsey Pyramid for Better Communication
  2. Effective Structuring: Present your ideas by starting with the conclusion followed by supporting arguments for clarity.
  1. Beat Your Numbers
  2. Exceeding Expectations: Aim to deliver more than what is expected to build trust and reliability.
  1. Ask Assumption-Breaking Questions
  2. Critical Thinking: Stand out by challenging the status quo with insightful questions that provoke thought and discussion.
  1. Identify the Five Most Interesting People
  2. Networking: Create connections with key influencers in your organization who can assist you as your career progresses.
  1. Solve a Papercut Problem
  2. Initiative: Identify and address small, annoying issues within the workplace to demonstrate your problem-solving skills.
  1. Focus on the A+ Problem
  2. High-Impact Work: Concentrate on critical issues that are a priority for the executive team to make significant contributions.
  1. Create a Brand for Yourself
  2. Authenticity: Share your unique perspective and strengths with colleagues to establish your identity in the workplace.

Conclusion The episode emphasizes the importance of proactive engagement and effective communication in the workplace. By focusing on collaboration, visibility, and making valuable contributions, employees can significantly enhance their chances of rapid promotion and career advancement.

Additional Resources

  • [Hampton](https://www.joinhampton.com/)
  • [Ideation Bootcamp](https://www.ideationbootcamp.co/)
  • [Shaan's Personal Assistant System](http://shaanpuri.com/remoteassistant)
  • [Daily Newsletter](https://www.shaanpuri.com/)

Related Episodes

  • Episode #224: Rob Dyrdek on Time Management and Success
  • Episode #209: Gary Vaynerchuk on the Future of NFTs
  • Episode #218: Bill Gates' Think Week
  • Episode #178: Balaji Srinivasan on Media & Crypto

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Transcript

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0:00Just to give you a sense of this, right? I'm 24 years old. I'm the youngest person in the company. I'm the newest hire in the company. And six months later, I got named CEO. Prodigy. That's pretty good. Pretty good, right?

0:19Welcome to a new segment that we're calling. It's like a Q &A, but we're not calling it a Q &A. We're calling it questionable advice. Does that mean that someone shouldn't follow the advice or that we're just answering questions and giving advice? It means whatever people need it to mean. It's people asking questions, us giving advice. The advice is a little bit questionable as well, right? Because we're not telling you what necessarily you should do. We're saying what we've done that works for us. It may or may not work for you. It may not be the best way. It's just the only way we know. And so today, the question we want to answer is actually different than usual.

0:56Normally, we're always talking about starting companies, starting businesses, being a CEO, being an owner, being an investor. But today it's about what happens if you're not there yet? What happens if you're inside of a big company? So how do you stand out inside of a big company? How do you become a superstar employee? How do you become an employee that is just God tier and that opens up a whole bunch of doors for you inside of a company? How many employees have you had like that? Every company, there's always one or two. There's always one or two that are just like so clear. And what I did was I basically plucked what are the things that they do?

1:32Like what are the things I remember that they did that stood out to me as well as a couple of things I did after we got acquired and we went to Twitch. What are some things that I tried that actually I felt worked? Because, you know, I had to spend two years inside of a bigger company for the first time in my life. And I experimented. I tried a whole bunch of things. I'm not going to talk about the ones that failed because those were embarrassing or not useful. but I will share the ones that worked. Dude, what's crazy is... Let me add two things. Backstories to our perspective on this. One, you had someone who worked at Monkey Inferno and all the other companies that Monkey Inferno started.

2:08Well, you actually had a few interesting people. The first interesting person was Steve Bartlett, who's famous for his agency and his podcast, Diary of a CEO, I think. The second person, who's even more interesting, is Farcon, a guy who started a company that's worth tens of billions of dollars. I was shocked that that guy would consider you a co-worker. That was an amazing get. The second point I want to add to this... And you actually had a few other people that were... Jason Hitchcock. You had a few other people that are wildly successful. The second thing to add to this, one of the best compliments I've received from you in the last probably 60 days is you texted me and you said, How on earth did you get Steph Trong?

2:49And I forget who else you named. How on earth did you brainwash them into working for you for as long as they did. And that so we've had we've each had a handful of superstars who I don't ever use the word work for me because oftentimes it doesn't I hate that it's not that it's we work together on something and I'm only going to be able to have them for a little a short amount of time. That's principle number one. You work with you don't work for. And it's actually a pretty big mentality shift, which is working with somebody is a partnership. It's an agreement. It's a mutually beneficial thing versus I work for you is a, you know, you know, there's a dominant person and there's a person who just basically takes orders and does whatever, you know, whatever they have to do, you know, based on the task list.

3:33And you never want to be the work for the work for is, you know, a servant, essentially, whereas working with is a partnership. But it's OK to have to be that for a little while, actually, for someone who's interesting. Like if like Sean Perry doesn't have a specific need to get done and some kid is like, dude, I will, I'm competent. I would do exactly what you say for a little while. It's okay to do that for a little while, but I agree in general, you don't want to be that person. But yeah, working with is how I consider it to be done correctly. I hired a chief of staff just now. This kid basically had a job at, I think like JP Morgan.

4:06And he was like, hey, he just emailed me, emailed me, emailed me saying he wants to do stuff. He's like, I can help you with this. I can help you with this. is there a reason you're not doing this? And then I'd be like, no, not really. I should do it. And he's like, how about I come do it for you? I was like, I don't know about you. Yeah, whatever. He's like, here's an example. Here, I'm doing it. Blah, blah, blah. And finally he did it. And I was like, cool, you're going to quit your job? He's like, I guess I can go quit right now. Like, if you say I'm in, I'll go quit. And I said, okay, bet.

4:32And then he went and talked to his boss and he quit his job banking. And now he's my chief of staff. And even for him on day one, I told him this. I said, we work with each other and you don't work for me. Because I actually want somebody who's going to treat themselves that way because they're actually going to get way more done. They're going to be more productive. They're going to be a higher caliber person if they think that way. It's a mindset shift. Did you actually say bet? Dude, he's 22. I got to speak the language. All right. The first subcategory or the first category I think we should have, we both have things that involve communication and writing.

5:07Do you want to name a few that you have under that category? Yeah, okay. Okay, so I'll do one simple one. So write an internal newsletter. People know us as the newsletter guys because you created The Hustle, read by millions of people. I created Milk Road, which became the biggest crypto newsletter. The newsletter thing isn't just for external. So you could have 100 ,000 subscribers in a newsletter, but if you're inside of a company, what you really want is 20 subscribers, but they're the 20 most interesting people in the company. And so what I did when I got to Twitch, was there was a team like Bezos has something called the S team.

5:45I don't know if you know this Amazon's like, it's like 15 to 20 top lieutenants. And Twitch being owned by Amazon had its version of this called T team. And so I got put on T team. And so T team is like whatever, 15 of the top people in the company. And I go to the first meeting and you know, it's, it's a busy meeting. They're not, you know, they're like, Oh, Hey, welcome, Sean. We just acquired that by Sean. Want to say hi. I'm like, I say hi for two seconds, but really I don't know any of these people. And so what I did was I created a newsletter and I created it for all of the T team. And then I would slowly, anytime I'd meet somebody interesting anywhere in the company, I'd be like, oh, by the way, I write this thing every week and it only goes out to a select number of people.

6:25It's fun. You'll like it. I'm going to add you to the list. And so they're like, okay, cool. I'll be added, whatever. And what I would do is I copied James Clear's newsletter format. James Clear does something called 123. guess what? I wrote the 3-2-1 newsletter internally, which was basically like, you know, it was, or no, sorry, he does 3-2-1, I did 1-2-3. So I did one photo from my camera roll. So here's a photo. I did two thoughts, which is just like two like kind of tweet length things that I'm thinking about inside the company and three links, which is just random shit that I've seen. What type of photos?

7:04It would be usually something like not work-related. Like a culture-building thing? I saw John brought in this funny mug. Not work-related at all. It would just be something about my life that's an interesting thing for my life. And I'm not a big Instagram guy, but I kind of get the idea, which is a photo can say a lot about you and what you're interested in. It can kind of brag a little bit. Like my kid learned how to ride a bike this weekend. Yeah, exactly. I'm such a good dad. You know, like, here's what I'm doing. And so, you know, like, for example, I did one photo that was this list that my, my niece had made.

7:39She's seven and she, she wrote her like routine. She's like Ellie's day. And then it was eat, play, sleep, eat, play, play, sleep. And I was like, somehow the seven-year-olds got it figured out. What are the rest of us doing? And right, like, that's the life you got to live. And so people loved it. They're like, oh yeah, that's so true. Blah, blah, blah. blah. And so I would just one photo, two thoughts, three links. I would send that on every Sunday. And I wrote, I said, Hey, the way I framed it, I go, you know, when I was a startup founder, I used to send this to my, uh, our investors and board of advisors every Sunday I'd write like an update on kind of where my head's at.

8:15Well, you know, old, old habits die hard, even though I'm not a startup founder anymore. I'm working at Twitch. Um, I still have this hour every Sunday. I'd like to, you guys are now my new, my new board of advisors. You guys are my new mentors at this company. So I wanted to include you on this. If you're on this list, it's because I think you're one of the more interesting people in the company that I hope to learn from and get to know over time. And so that was how I started it. And I wrote that thing. Dude, I can't tell you how much juice I got out of this, right? Because it took me about 45 minutes to write this every Sunday.

8:42But now I'm getting sort of like, you know, every single person's attention and they know about me, they learn about me, they have an opinion about me. Not everybody loved it, I'm sure. I'm sure forwarded up, there was a guy who was like the VP at Amazon Prime would email me and be like, dude, I love these Sunday things, man. He's like, I wish we got to work together. Because he wasn't even in the company. He got forwarded to him. And he was like, these are awesome. You want to just meet this? You sound great. You sound awesome. And that's the whole goal. You want to build a brand internally. And one easy hack to do this is the internal newsletter.

9:16And there's actually, I think, even more implications of this. So one of the greatest people I worked with was Steph Smith. She's been on the pod many times. She's already doing great things and is going to go on to do even bigger things. There's this thing with history. I read a lot of history where oftentimes the person who writes the most popular history book or writes history books, they actually control what we think of history, even if it's fake. She did that, of course, in a good way, where it was very tactical. She was the best Google Sheets maker and a really good Google Slides maker.

9:49And so she would dictate how the Google Sheet for the projects that she ran. and then eventually other projects, how they looked. And that actually dictated what we tracked, which dictated what we did that we do. Yeah. But she would make these, I don't know, did I ever tell you the sheet that we had for trends? Did I ever show you that? No. I'll just show it to you sometime. But she made this beautiful sheet, it autofilled. And I was like, oh, thanks for doing this. This is amazing. You should do this for all these other things. But she basically controlled the information flow. And so if anyone had a question, if anyone didn't want to know anything, they had to go to her.

10:21and she wasn't doing this for bad reasons, but B.H.U. was basically a very powerful person because of that reason. And so you need to get really good at presenting your work and you need to be really, really loud about it. But you have to be great at presenting your work, making presentations, writing stuff, controlling the Google Sheets and making them look presentable and making them work well. That is incredibly important and not enough people think about that. 100%, 100%. The winners write history, right? And also, the other thing is you want to be a maker, not a taker. So most people in companies are just takers of plans.

10:57So somebody else writes the plan. Somebody else makes the doc. Somebody else creates the dashboard. And you just sit on the receiving end of it. What I would do when I was at these companies is I would always write my own versions of the plans. And this is partly for practice because I wanted to be the CEO. Well, then I should get reps doing the things that the CEO is doing. Is writing an annual plan? Cool. I'm going to write one too. What would I say? And you write it and then you compare to what they wrote and you see things that they did better and you see some things that maybe they missed out on.

11:27And so being a plan writer, being a proposal writer, being a update writer is going to be the thing that actually sharpens your skills so that you, if you want to be a leader, what most people think is I'll wait till I'm promoted and then I'll start doing leader things. That's not really how it works, right? You start doing leader things and then you get recognized and promoted. And so if you want to one day be the leader, you got to be the plan maker, not the plan taker. And you want to write your own version of all the things, all the key stuff, the annual plan, the quarterly update, the launch guide, whatever it is for a given project.

12:04The next thing I would say is, and this is actually challenging for a lot of people, I have a feeling it wasn't challenging for you because you're a very competent person. But it's important to be loud. And when I say loud, I don't mean that you have to talk a lot. But I just mean you have to make sure everyone knows the cool shit that you're doing. And there's a fine line between being selfish and stealing other people's stuff and taking too much credit and then also being loud. But it's important to be loud to let everyone know these are all the amazing things that are happening. And you have to present that in a really wonderful way where it shows progress.

12:36And it shows even if you screwed stuff up, here's the swings we took. I think I always had this problem. I noticed it particularly amongst the women who worked for me. I would always have to encourage them. I'd be like, dude, you got to speak up. You got to be louder about the shit. This is really awesome. You are not inserting yourself into the conversations nearly enough that you should. This is really, really talented, amazing work. So I think being loud is incredibly important to sticking out within a company. Yeah, exactly. You want to work in public. So you want to present the things that you're doing.

13:05And like you said, it's not all bragging. So for example, people would report in a format that's sort of like, here's what went well. Here's what didn't do well. here's the screw ups that we had this week. And some of the things we learned from that are what we're going to do to fix it. So it doesn't have to just be everything I did was great and I'm the best and I did everything. It was all me, me, me, me. It's not that. However, you're totally right that you're really only rewarded for what people know about. If what you're doing can't be measured or isn't seen, it might as well have not existed inside of a big company.

13:35And for a lot of people, that's very uncomfortable to do. They wish the world worked differently where it was just purely, purely merit-based and everything was equally visible, it's just not true. If a tree falls in the forest and there's no one there, you need to be able to highlight what you're up to and carve out 10 % of your time to doing that. Let me tell you one more thing that's a bit unrelated but very controversial. It took me a long time and I had to go through a lot of tough challenges to learn this. Titles matter. I imagine when you started your early companies, and maybe you still do this now.

14:11You're like, dude, I don't care about titles. You can call yourself anything you want. It means nothing to me. This is a flat organization. But titles actually matter for an employee. And they matter because of the job that you have there, but also the job that you can get elsewhere. So give me an example, because I would disagree with this. I don't think they matter that much. What's the example you're thinking of where it mattered? Okay. So if you want to be called the head of something, that's actually really important for the employee. It's actually scary for the employer because if you give someone the head of marketing, you can't hire someone above them.

14:44Or if you do, there's going to cause tension. However, for the employee, if they go and work at a new company, they're going to now say, look, I was already head of marketing at this company. I need to be CMO or I need to have something of equal seniority. Additionally, within the business, if I'm the head of blank, I'm the head of marketing, everything that happens within that, I need to have my say, or I need to have my finger on the pulse with that. Titles, I actually think, are a really important thing. They seem not important to an entrepreneur because you say these things like, oh, it doesn't matter, we're all working together.

15:15But I actually think they matter for the employee. So I would say, in my opinion, the logos matter. So there's a funny thing that happens where it's like, I bet you're guilty of this too. Let's say you're building Hampton now. It's like a community or membership-based product. if you see oh this person ran community or memberships at whatever YPO Soho House whatever known thing versus unknown brand for some reason we just sort of attribute all of the success of that company to like this person must be a winner because that company is a winner even if they had very little to do with the winning of that company the secondary step at the hustle I had a guy who worked at Facebook and he wanted to join us and I was like oh you're in and we hired him and it was horrible, but I totally fell victim to that.

16:04I've done that all. I do that all the time. This happens to me with live streaming. People are like, oh, you worked at Twitch. Oh, we need somebody. We're doing live streaming. So it'd be amazing to have you on board because of your experience at Twitch. They don't know my experience at Twitch. They don't know what the hell I was doing there. I learned way more about live streaming at my startup that they don't know about that was actually building live streaming that was working in that space. But if all I had was that unknown startup name, I would have gotten zero credit for being a live streaming expert guy.

16:30And so I think logos matter a lot. And just getting a winner logo, unfortunately, that stamp is cool. What's so different than having Harvard or an Ivy League? Oh, if you're good enough to pass that bar, you're good enough. And one is enough. One is enough. That's the key. I think one problem people can do is they go logo collecting. One is enough. If you got Harvard, awesome. You don't need to also go get another MBA from some other place. Or if you have Facebook, you don't have to make the next one Google. you can make the next one a little higher variance because the Facebook will carry. The other thing I'd say is managers matter.

17:05So when we got acquired by Twitch, we were getting interviewed by people. And we got interviewed by several people when we were joining and they were like, they were supposed to be diligencing the acquisition, but I was also diligencing them because I was like, dude, I know that managers matter. People don't quit jobs, they quit managers. And also if you're stuck under a manager who doesn't have a lot of respect in the org, you're not even going to get to see a lot of the interesting shit that goes on. Or even if you do stuff, it's going to be buried under however much clout that manager has. And so they first tried to put me under somebody and I was like, no, no, no, no.

17:39I'm not working for that guy. And they're like, what? What's the problem? I was like, nice guy. I'm not working for him. And they're like, I was like, is there anybody else? Because maybe these two people, I like them. Because they clearly were buds with the CEO and had more like they were doing all the interesting projects and this guy's over here working on trust and safety or maintenance of something or like plumbing under the bridge. I'm not trying to work on all those boring projects or with that guy. That guy has no respect in the org. And I think managers matter. Pick somebody you're going to learn a lot from but also somebody who has some surface area that you can get shit done and switch.

18:14If you don't like where you're at, try this. Actively switch. Alright, I have a different one. Wait, hold on, dude. When I sold the hustle to HubSpot, the plan early on was I'm out of the picture and I'm just going to do the pod. But they were like, all right, how about VP of marketing and report to this guy? And I was like, yeah, can we give me a lower title and you can make Brad, who's my VP, make him the VP and I'll report to him. It was just way better. But I was like, yeah, let's bring it down a notch. I'm not going to be a VP. All right. Now there's something I call the 5 % rule. I learned this from Furkan.

18:51So when we got acquired by Twitch, we're sitting there and we're supposed to work on X. right we were we were at that time a taker we got acquired to do this let's do this and uh for him wasn't very motivated and i was like dude come on let's try to do a good job here right like we don't have to totally sandbag this i get it it's not like the same as when it was our company and this might become the next big thing but like you seem totally checked out and he was like no no i'm not i'm not checked out with the company he's like but look at this he pulled up the overall company dashboard. He goes, best case scenario, this thing that we're building, best case scenario, which of these metrics changes?

19:28And I'm looking at the key, the number one dashboard for the company, the key KPIs, overall ones. And I was like, well, none of these, go to page three, there's subdivision, subdivision, and then this one. And he's like, cool. So let's say, all right, let's say we change that one. How much do you think that changes the overall picture? He's like, don't you think that we should at least like if we do a great job, what we should do should make at least a 5 % impact in the company. And I was like, and my ego gets involved. I'm like, yeah, of course, 5%. That sounds low actually. He's like, yeah, I just think we're capable of doing something that's going to at least move the needle 5%.

20:05He's like, I feel like if I did something and it didn't even whatever we did, if we did a good job, if we succeeded, but it couldn't even move the needle 5%, he's like, I kind of feel like that was like a waste of time. And that's when I learned this 5 % rule. And we immediately switched to something that would do that. And it was such a good decision. I wouldn't have done this. But in the same way that Naval says, you want to place a absurd hourly rate on your time so that you value your time and you put a price tag on your time. This actually is also inside of a company. You need to put a price tag on your projects that you simply will not work on projects that can't move the needle for the company.

20:42Because if not, why am I here? What is the point? And if you carry yourself with somebody who can actually move the deal for the company, it's sort of self-fulfilling. You will become that person who actually can do that. Simply like you just raised your standard and now that's what you do. Dude, you were lucky to have Furkan. Of course. Furkan, I don't know if he was the co-founder or was he one of the first hires at Apple Oven? So Apple Oven's a ad tech company,$15 billion market cap at$1.30 billion market cap. Amazing guy. So he joined the company before he was even Apple Oven. He was not one of the co-founders.

21:15He was just like a random engineer that they hired. They had like eight people. He was like person nine. Within a couple months, they were like, all right, this guy's the guy, right? He stood out like a superstar does. This guy's the guy. And they went to him. They're like, hey, I think we kind of built this team wrong. Now that we see you and we look at the other eight people we hired before you that are above you, like we realized we did this backwards. Can you like fire all these people and rehire a new team of people like you? He's like, okay. So he did that. he ends up getting like a co-founder equity stake in the thing.

21:45It ends up going public. It's like a$20 billion company years later. Same thing happens. I hire him at Monkey Inferno as an Android engineer only. So there's like, above him, there's a director of engineering. Above him is the CTO. Above him is me. Within a couple months, I was like, oh, this guy is a superstar. Android engineer is simply the wrong title. that I told him, I said, look, you're going to end up in a different role. Just give me a month to figure this out. And within a month, we had switched it up where he ended up becoming CTO, and we basically rebuilt the whole team around him. And so he's a perfect example.

22:21He sort of has like a master sensei, like that type of wisdom to him where for some reason, whenever he says something, I believe him. And I think he is actually right a lot. More importantly, all the engineers you'll ever hire will believe him, right? This guy's a leader of engineers, which is like extremely valuable. Let me give you another principle. All right, here's a simple one. Fix your Zoom setup. Just don't look like dog shit on every call. In fact, you should look incredible on every call. It doesn't cost that much to do it. You could do it with an iPhone app. There's an iPhone app called Camo you can download.

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22:55That's what I'm recording on right now, by the way. And you could be DSLR quality from your iPhone, if that's all you have. If you want to get one better, just get a light. right like a light off amazon that's 50 bucks and that app will set you in the top one percent of people at work in terms of how you look when you show up do that and have also buy a podcasting mic uh your mic can be uh you know a yeti a blue yeti microphone if you need it even better would be these like sure microphones you just just look good and sound good because like no matter how good your ideas are, if it's wrapped up in a crap sandwich, it's going to just come across poorly.

23:35And it's the digital equivalent of dressing good. And I think people really underestimate this. I think you made this like a rule at your company, right? I try to make it a rule and I'll get really tactical. I'm using a Shure and I'm traveling right now. And this is my travel kit. A Shure MV7 USB mic, that's$200, an iPhone with a$50 camo subscription and$150 Elgato Key Light. That's my setup when I travel. So if you think this looks good enough, that's what it is. Yeah, it's going to be better than most people's like up the nose shot with the crappy audio and like, you know, sitting in a closet somewhere.

24:11So try on that. Alright, I have another one for you unless you got one you want to do. Well, Furcon actually is a great example of this and a few other people really did a good job at this. I think that when you get into a group, whether it's work or any other type of group, oftentimes, the most confident person is not usually the smartest person, but the most confident person wins. And I think confidence is displayed in a way of saying things like, this is the path we're going to go down. This is what we're going to do. I have a 60 % chance certainty that this is actually going to work. My logic is this, this and this.

24:49But this is the answer. At least this is the answer for us to try. And I think that at a company, when you work with a small company like any company I've run, you work with the CEO or the owner. At a larger company, it'll go up to the owner somehow or the CEO, but it still matters with managers and VPs and shit like that. But the confident person that says, this is the way and they dictate the way and they explain their reasoning and they're confident about it and you start believing in them, you still have to be right more than you're wrong. But the most confident people, I think, typically succeed the most.

25:22I agree. I'll give you two things. One, the thing you just described is like, I think it's called the McKinsey pyramid principle. You aware of this? No. So basically, most people get communication wrong inside of a company because they bury the lead. So what they'll normally do is they'll say, beginning, middle, end, like a story. And in the end is the conclusion. The end is the takeaway of what we should do. It's what we decided, whatever. But busy people inside companies, which are most of the leaders inside companies, they don't like that format. They want the opposite. What they want is to say, my recommendation is we should do this for these three reasons.

26:03Number one, number two, and number three. And I believe those three reasons because we have evidence underneath this. This we do not have evidence for, but it's a reversible decision. And this third thing, blah, blah, blah. You stack the main conclusion first, and then you add a pyramid underneath. you support it with your supporting arguments. And that's just a simple communication thing to flip. Another communication thing to flip that I learned was if you want to become a more clear communicator, use the what, why, so what framework. Emmett from Twitch taught me this. So basically it's what happened or what's going to happen.

26:39So if it's past looking, what happened? If it's forward looking, what we're going to do? Why it happened or why we're going to do it? And the last one is so what? So let's just give an example. What happened is the metrics, let's say. Revenue is down 10 % this month. Why? Because last month we did this extra promotion, so we kind of knew it would artificially inflate last month's revenue. This month is actually normal. If you look at the overall trend line, nothing to worry about here. So what? So we're going to continue doing this, and actually we're going to consider doing those extra promotions every other month because they seem to provide a boost or whatever.

27:18You get the idea. What, why, so what is a generically useful template or outline. You can write that on your paper before you figure out what are you going to say in this email or how are you going to write this document. Just write what, why, so what, and you should be able to bullet point under that. And then that's 80 % to 90 % of the material is already done at that point. And I find what helps is if you put a confidence level in there. Because a lot of times people think, well, if you're confident, you're saying that there's a 99 or 100 % chance that whatever you say is going to happen is going to happen, you shouldn't do that.

27:50You should say, you should be really conservative and say 65%, 70%. I'm fairly certain. Or sometimes you're like, I actually think there's a 30 % chance that this works. But if it does work, the outside returns are quite huge. And if it doesn't work, it's reversible in these ways. And so I think you need a little bit of a... I don't know how you would say it. An easy landing if you fail. Superstars do three things. Number one, they think in probabilities, not certainties. That's what you just described. The second thing is that they manage expectations, which is the second thing you just said, which is you don't need to over-promise and under-deliver.

28:27In fact, under-promise and over-deliver is a better mindset. And I remember one time going into a meeting, and this is something I learned from my dad. We were going to a big partnership pitch meeting, and we thought they have this thing, and with our technology, they're going to get this huge yield, this huge result. And the result is like 100 times better than their current thing. So I was like, oh, slam dunk. Put that on the slide, baby. 100 times better. And we go into the meeting and my dad puts up the slide and I noticed that he's changed it. And it only says three times better. And I'm like, dude, you messed up.

29:03Like, what happened? Why did you do that? He's like, did you see their faces about three times better? They were over the moon. that other stuff is now my dry powder like I can beat if I could beat the three times even better if I said a hundred times and we came in at 80 times better it would be seen as we did not deliver on what we promised and so you know forget the exact numbers here the principle holds true which is only sell to the amount you need to sell that like gets them to agree to green light the thing or take action but don't over promise beyond that even if you think it's capable because you'd always rather beat your numbers Beating your numbers is how you exceed expectations.

29:43And it makes you trust them more. And so here's an example. So I'm looking at the deck now. So Google, whoever's listening, you guys can Google Uber Seed Deck. So in 2008, Uber was just getting started. They're raising only$200 ,000. And on slide 20, they have a deck or a slide that says potential outcomes. And they say, best case scenario becomes a market leader with over a billion dollars in annual revenue. Realistic scenario gets 5 % of the top cities. and we make around$20 or$30 million a year in profit. Worst case, we stay a 10-car, 100-client services business and just save some time for San Francisco-based executives.

30:17Versus when you see a slide deck from a pitch and everything is up to the right, you're like, dude, I don't trust you now because you are saying something outlandish like this. And you're saying it with a huge high degree of certainty. And so, yeah, anyway, I'm big on the confidence thing. On the confidence thing is people think confidence comes from answers. No, confidence comes through asking intelligent questions. Any leader knows that you could tell a person's quality of thinking by the quality of their questions. And it always stands out. If somebody asks you a question that's on point or breaks the frame of how you're thinking about things, that person always stands out in a meeting, even though they didn't deliver some very boastful, confident conclusion.

31:01And so an example of this would be, you're in a meeting and it's kind of a messy, it looks like options A and B both suck. Instead of just saying, no, we need to do A or no, we need to do B, somebody who asks a different question that's like, what would an easy solution look like here? Hey, what's the simple thing we're missing? I'm just going to ask this out loud. Let's see if there's an answer because if there is, that might be quite valuable to us right now. Or we've been saying this thing, just want to say this out loud. Is that true? Do we have the data to support that? like somebody who's questioning assumptions or breaking frames with their questions or that says, you know, we're trying to solve this problem.

31:42It feels like we're solving it from scratch. We're not the only ones who have this problem. How do other people solve this? Or how have we solved this in the past? What's worked for us? And anybody who's asking questions like that that are going to cut to the answer faster, you stand out. That's a different way of showing confidence versus just saying, me, me, me, I have the answer. Dude, the one question that I love that all my employees hate is they'll give this 12-month plan or something. I'm like, yeah. How do we do this in four weeks? That question is my favorite question. Some of the best people, they frame that question nicely.

32:15They say this guy Florian I used to work with, he would always say this. He'd be like, I'm going to say something. You can beat me up if you think this is a terrible idea. Feel free to beat me up, but I just want to say it. And then he'll say the thing. And it's such a disarming way of bringing up an idea that might be counter to the way the flow is going or whatever, because you're always like, oh, Florian, don't worry, we're not going to beat you up about this idea, but he would say that, right? Or this other guy, Dan, he would do this thing. He's now the CEO of Twitch, and he would do this thing in meetings where he'd say, he'd slow everybody down.

32:48He'd be like, you know, it's... One thing we could say is A, B, and C. He'd lay out an argument real quick. He's like, it's one thing to say this. It's another thing if we were going to say, you know, D, E, F. And he would just like frame it so slowly for everybody. Because usually it's the person who can kind of like synthesize the arguments. Like what I'm hearing you're saying is A, B, and C. I just want to make sure that it's, is it A, B, and C and not actually D, E, and F? And the person who would bring that clarity to the meeting was always like the essential person, right? They're the person who everybody thinks that they're on the way out because they actually help you, you know, figure out the solution where it felt like everybody was just talking in circles.

33:29What, uh, you want to do one or two or three more? Yeah. Okay. Here's an easy one. Let's say you're inside of a company today, but you want to go start a company someday. You need to start creating your own version of the minus list, which is who are the five most interesting people inside this company, the people that you would want to recruit later on. What I did was I just, I said at the beginning, I said, while I'm here at this job, here's what I want out of this. By the time I leave these doors, I want to have the following. I said, and I wrote down a list. One of them was like, I want to learn one or two things about leaving a company that I don't know today because these people have managed bigger teams and do it better than I'm sure that I do it.

34:07So I want to at least have one or two key things that I can take away as a manager. Number two, I want to have the respect of the CEO. I want him to be able to say, dude, if you leave here and you tell me you're going to go start a company, I want him to want to write the first check. I think that would just be a signal that I did well when I was here. Would Emmett do that for you? Yeah, he actually slacked me one time. He was like, hey, I was out of the blue. He basically slacked me that exact same thing. He was like, I wish we'd be able to keep you forever. I don't think that's going to happen.

34:35If you ever do decide to do something, I'd love to back you in that. And I was like, oh, man, what a compliment. Thank you. That's actually, I showed him actually. I was like, that was on my list of things. I said, I want it out of this experience. So that's a cool full circle moment. The third one is, I said, I want to walk out of here with five people, five more people in my talent Rolodex that I could reach out to if I ever needed to hire. and that's what I did. I was like, oh, this girl in data science, massively underrated. She's the real one who delivers the work. She's kind of junior here, but man, she would be somebody I would poach right away.

35:08Or this guy over here on the sales team, God, that guy was smooth. If I ever have a thing for sales, I know who to contact. And actually right now with one of our new companies, I'm trying to fill a role. And those are the people I went to first to be like, hey, I have no idea if you're available, but I made this list before of who are the five people I would love to work with someday and you were on it. And hey, that day is here. What are you up to now? And let's chat. And so that's, I think, another good thing if you ever want to start a company. Just pay attention to who are the hitters here because your talent Rolodex is what kind of becomes a limiting factor as you try to build new companies.

35:41I'm sure you have people that you'd love to speed dial and bring on board to a new thing. And I think you did this with Hampton, right? I noticed there's some people there that were at the hustle because that's the experience you had. Yeah, I think that you actually asked... Was it you who said something like a really good question to ask yourself is, if you're starting your... Let's say your thing's only going okay. If you were starting it again, you'd have to ask yourself, would I hire the same people and do it the same way? And for many cases, you say, no, I would change this, this, and this.

36:12And then your advice to them was like, well, just fucking do that right now. Yeah. But the other answer is, okay, well, when you do it again, now you have your list. I think in the mafia, they use the phrase and then succession kind of stole the phrase where they say like, oh, he's a serious person. And a serious person means you call them hitters. But in the mafia and the mob, I read all these books on it and they say, oh, he's serious. He's serious. Yeah, that guy's serious. And so they'll say, he's not a serious person. You don't want to mess with that person. So you want to find serious people.

36:44I have two other little ones, fast ones. One is find a paper cut problem. So I've noticed that a lot of people who do well in companies, they do this in the first two weeks when they join, they find something that's just been an annoyance that nobody's ever fixed or nobody's got to because it's not that important. It's never the most important thing. And they just go clean that up voluntarily. I call this the paper cut problem. Like, what's the thing that's just been giving us paper cuts? It's kind of annoying, but you're not bleeding out. You're not dying. You don't have to go to the hospital.

37:11And if somebody fixed it, you'd be like, dude, thank you for doing that. It would actually stand out a lot. I know several people that did this. They go to a company and they immediately identify like, oh, here's some annoyance that two people have referenced. I bet this annoys everybody. And actually, I think if I just spent one Saturday working on this, I could fix it. And they did that and they just boost their stock so much. When I was in seventh grade, I had a job at a bakery and I would clean the floors and wash dishes. And there was a corner or there was a shelf where we'd have to put these dry dishes.

37:44and the shelf was broken. And we hired another janitor to work with me. And I remember I had worked there for like eight months and this fucking shelf was always broken. It was a pain in the ass. And within the first week, this guy fixed that shelf. And I immediately thought, that's the way to do things. You did it right. You did it right. And by the way, you get rewarded for doing the things you didn't have to do. If you just do your job, that's called your job. You do not get extra recognition or reward or any kind of bonus points for doing your job. So by definition, you have to find something that is beyond your job or doing your job beyond what was asked if you really want to get this to stand out.

38:22It's a very simple, obvious principle. But take that and make it actionable by like, go look for it, right? As soon as you start looking for it, you'll see it, right? It's a thing that the guy who's been there for eight months has been ignoring. He's become, he's just accepted it. It's become a blind spot for them. But for a new person, if you're noticing, you'll see it right away and you just go fix that thing and you get so much. Yeah, this guy's head janitor now. I mean, it worked out. I could be you. But honestly, if you're going to be a janitor, be the head janitor. Be the best janitor. Be the best goddamn janitor anybody's ever seen.

38:57I got one practical one and then one fun one. The practical one is the other problem you want to find is the A-plus problem. At any given time, in any company, there is the A-plus problem. It is the thing that's keeping the exec team up at night. They're worried about it. what I did was I just found the A plus problem and I would only work on that. I would just work on that. You know, I would do my, my main job kind of like, you know, 70 % is good or 50 % is good or sometimes 0 % is good. I would just put it on pause because honestly it didn't even matter relative to the A plus problem. And, uh, you know, I took a little more risk than most people cause I didn't care if I ever got fired.

39:31Like it was, you know, thank you, please fire me, invest my shares. That would be a dream. by the way we had a friend who is at a company and he goes there was layoffs this week at our company and sadly I was not impacted

39:48exactly so find the 8 plus problem and work on it I remember I think I've told this story before I was at a company and basically a competitor was like attacking them and like stealing their top customer basically and I figured well that's probably the A plus problem is probably the thing everybody's thinking about. And so I just did some analysis, wrote up a two-page doc, and I sent it to the CEO. I was like, hey, I have no idea who's working on this, but I was curious. So I dug in and here's what I found. It immediately got like text introed into a group chat. I was like, hey, Sean's in on this now.

40:21And I think that that's really what you want, right? You want to be working on the interesting thing because that's what the highest caliber people are doing. It's where the highest impact is. You might as well. You only have so many hours in the day. You might as well work on the higher impact stuff with the most interesting high caliber people, that's how you get better. What's your last fun one? The last fun one is you got to create a brand for yourself. So like you have a little story, right? There's all these moments inside companies where it's like you do introductions or you're at some team off site.

40:49And you have two choices. You're either going to blend in or you're going to stand out. The best way to stand out is to be yourself. But the way to be yourself is to just remove the filter. What was your brand? So I think there's been a couple. Like when I was at Monkey Inferno, just to give you a sense of this, right? I'm 24 years old. I'm the youngest person in the company. I'm the newest hire in the company. And six months later, I got named CEO. Prodigy. That's pretty good. Pretty good, right? And the way to do that is you actually, you know, you make an impact, but you also got to build some sort of brand for yourself.

41:21And so mine was, I was going to be sort of like, the action, like basically just like take massive action on everything. So whatever the thing was, I would be like, all right, cool. I'm going to take action on it. A, immediately. B, I'm going to do the shit that nobody else wants to do. I'm going to go further. Oh, we got to do this or we don't know if people will like this. Cool, give me the prototype. I'm going to go talk to some people. I would go to the mall and I would talk to people and I'd get feedback and I'd come back with written feedback. It was just the shit that nobody else really wanted to do and it just built this thing.

41:49I'm going to consistently take action. I'm going to have a higher bias for action than anybody else. And I would talk about that. I'd be like, yeah, I don't really know. I remember this one guy did this intro and he said this thing, this guy stood up and he goes, I don't know anything about art or politics. I don't know anything. He goes, I don't know anything about art. I don't know anything about politics. Hell, I don't even know where the remote is in my house. The remote for the TV is in my house. But the one thing I know is how to structure deals. And today I'm going to tell you about how to structure deals.

42:19And I was like, wow, what an intro. What a fantastic intro. It always stood out to me. And I thought, you know what? As much as your brand is going to be that you're good at X, Y, and Z, you could say how bad you are or how little you know about you know these other three things and just be honest about it and almost poke fun at yourself so i would tell people like look i have the least experience of anybody in this room that's obvious i have never worked on any of this stuff before i don't know how to code i don't know how to design but i'm gonna make myself useful the way the way i'm gonna do that is it seems like what you guys need is help actually getting your product into people's hands and getting feedback quickly and actually iterating from there.

42:54So I'm going to go crazy on that. What you guys are going to get in the next six weeks is me going crazy on that. Sound good? And they're like, great. It's like Warren Buffett says, look for partners who have a high IQ who are ethical and have a lot of energy. And I did the same thing where I was like, well, I actually don't know if I'm high IQ. Two out of three, ain't bad. Yeah. I don't know. I definitely am ethical and I have a shit ton of energy. So my wheels are spinning fast. If you guys just want to put me in the right direction, I'll go ahead and the car will run and it'll run quickly and I'll get you what you need.

43:25I had the exact same brand as you. And when we got acquired, I was like, hey, I'm a startup guy inside this big company. I'm a startup guy. I've only ever worked in startups. I don't know anything about a big company. Honestly, I'm going to probably make some mistakes that are things that are obvious that you should do in a big company. But the thing I hope to bring to the table is I'm just going to keep working the way I know how as an entrepreneur. I'm just going to just do that here. And you guys tell me what parts of that are working for you guys or what are not, right? That's part of the brand.

43:51But the other part is like stand out a little bit. I remember sitting in an offsite and it's like, how about everybody just share how things are going? And it was like person one said this boring thing about they just immediately went into work mode. They were like, here's what I'm doing. Here's the problem I'm having. Here's what I'm doing. Here's the problem I'm having. I have this employee who's doing this. And everybody was just kind of bitching and moaning and telling a very bland story. And I just decided when it's going to come my term, I don't know what's going to come out of my mouth, but it's not going to be that.

44:19And so I just told a story that was more funny. It was poking fun at myself about something that I had done recently and a mistake that I had made. So instead of blaming my team or whatever, I was like, here's where my head's at. Because they weren't saying, give us a team update. They were just saying, let's all be present. Just share what's on our mind, how you're feeling right now. And so I did that. And that stood out. At the break, everybody was like, dude, I love that story. And the lesson there is really take a bit of a risk and don't take yourself too seriously inside companies. because I think there's a tendency to try to button up and blend in.

44:54And I would say that's not what the best people do. I don't think that's how the best people act. We have this guy at Hampton named Doug. And Doug is a very stereotypical engineer. So he's very black and white. And because of that, he's done a very good job of just being honest constantly. And so if someone's trying to bullshit me, I'll just be like, what's Doug think? Doug, what do you think? And he'll just be like, that's stupid. He won't say it that way. He'll be like, I don't think that's the right way. I think this is the right way for these reasons. Or he'll be like, I don't exactly understand branding.

45:28But I think that a lot of people like this, this, this, and this. And they like it for these reasons. Therefore, that way is or is not the right way. And I just always want to know, what's Doug think about this? He's very analytical. And he's very honest. And he doesn't... Because he's like a normal engineer. He doesn't exactly understand what's hurting my feelings or what isn't hurting my feelings. And I love that about him. I love that. I always want Doug's in my life. People who just don't bullshit me and they'll say something like, that's stupid. That's not stupid. And I appreciate that. That's his brand.

45:57Is that the pod? That's the pod. So those are our tips. How to become, I don't know, a superstar inside of a company. How to stand out. How to make a name for yourself inside of a company. And if you're listening on iTunes or Spotify, go to the YouTube and A, subscribe because we're about to cross 400 ,000. And B, comment other questions that you have for the new segment Questionable Advice. If we get any good questions, we'll do it. Like you said, the YouTube. That's how my dad says it too. That's cool. Go to the YouTube. When I hold my phone and take a picture, I use two hands as well.

46:36I'm trying to post a TikTok a day and I love doing it. I saw what you said. That was great. Every time I post a TikTok, I feel like I reverse my age by one month. I'm just getting younger. just by TikTok by TikTok. If you want to be young, you do as the young people do. You got to like, and you're squinting your eyes. You're going to hold your phone with two hands and you're going to like look down on it. That's how it feels right now. Turn the damn thing off.

47:03All right, that's the pod. I feel like I can rule the world. I know I could be what I want to. I put my all in it like no days off. On the road, let's travel, never looking back.

47:19Hey, let's take a quick break because there's a quote that I love I want to read you. It's that we shape our tools and thereafter they shape us. And as an entrepreneur, if you're using a bank that was built in the 90s, you're operating like you're in the 90s. And trust me, I've been there. Clunky portals, random holds on your money,$50 wire fees, and then being told, please visit your local branch. Well, that's why I switched to a different type of banking solution, Mercury. It turns your financial chores into a smooth workflow. You can do wires, invoices, cards, reimbursements, two clicks, and I'm done.

47:49If you're already using Mercury, respect. If you're still using one of the old big banks, I got questions for you. So go visit Mercury.com and give it a test drive. Mercury is a financial technology company, not a bank. Banking services are provided through Choice Financial Group, Column N.A., and Evolve Bank & Trust members, FDIC.

From the publisher

Episode 547: Shaan Puri (https://twitter.com/ShaanVP) and Sam Parr (https://twitter.com/theSamParr) are dropping 16 career principles that will get you promoted so fast it’ll make your neck hurt. 

No more small boy spreadsheets, build your business on the free HubSpot CRM: https://mfmpod.link/hrd

—
Show Notes:
(0:00) Intro
(3:00) Work WITH not FOR
(5:00) Write an internal newsletter
(9:00) Present your work well
(11:00) Be a maker not a taker
(12:00) Work in public
(14:00) Logos matter more than titles
(17:00) Choose your manager wisely
(18:30) 5% Rule
(22:30) Fix your zoom setup, dawg
(25:30) The McKinsey Pyramid for better communication
(28:00) Beat your numbers
(30:30) Ask assumption-breaking questions
(33:30) Find the 5 most interesting people
(36:30) Solve a papercut problem
(40:00) Work on the A+ problem
(40:30) Create a brand for yourself

—
Check Out Sam's Stuff:
• Hampton - https://www.joinhampton.com/
• Ideation Bootcamp - https://www.ideationbootcamp.co/
• Copy That - https://copythat.com
• Hampton Wealth Survey - https://joinhampton.com/wealth

Check Out Shaan's Stuff:
• Try Shepherd Out - https://www.supportshepherd.com/
• Shaan's Personal Assistant System - http://shaanpuri.com/remoteassistant
• Power Writing Course - https://maven.com/generalist/writing
• Small Boy Newsletter - https://smallboy.co/
• Daily Newsletter - https://www.shaanpuri.com/

Past guests on My First Million include Rob Dyrdek, Hasan Minhaj, Balaji Srinivasan, Jake Paul, Dr. Andrew Huberman, Gary Vee, Lance Armstrong, Sophia Amoruso, Ariel Helwani, Ramit Sethi, Stanley Druckenmiller, Peter Diamandis, Dharmesh Shah, Brian Halligan, Marc Lore, Jason Calacanis, Andrew Wilkinson, Julian Shapiro, Kat Cole, Codie Sanchez, Nader Al-Naji, Steph Smith, Trung Phan, Nick Huber, Anthony Pompliano, Ben Askren, Ramon Van Meer, Brianne Kimmel, Andrew Gazdecki, Scott Belsky, Moiz Ali, Dan Held, Elaine Zelby, Michael Saylor, Ryan Begelman, Jack Butcher, Reed Duchscher, Tai Lopez, Harley Finkelstein, Alexa von Tobel, Noah Kagan, Nick Bare, Greg Isenberg, James Altucher, Randy Hetrick and more.
—
Other episodes you might enjoy:
• #224 Rob Dyrdek - How Tracking Every Second of His Life Took Rob Drydek from 0 to $405M in Exits

• #209 Gary Vaynerchuk - Why NFTS Are the Future

• #178 Balaji Srinivasan - Balaji on How to Fix the Media, Cloud Cities & Crypto

• #169 - How One Man Started 5, Billion Dollar Companies, Dan Gilbert's Empire, & Talking With Warren Buffett

• ​​​​#218 - Why You Should Take a Think Week Like Bill Gates

• Dave Portnoy vs The World, Extreme Body Monitoring, The Future of Apparel Retail, "How Much is Anthony Pompliano Worth?", and More

• How Mr Beast Got 100M Views in Less Than 4 Days, The $25M Chrome Extension, and More

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