How I Built Three Billion-dollar CompaniesㅣFrank Slootman, CEO at SnowFlake
ฝัง
- เผยแพร่เมื่อ 10 เม.ย. 2023
- Frank Slootman, CEO of Snowflake, the world's fastest-growing company in billions of dollars. Frank Slootman is the data cloud guru who built DataDomain, ServiceNow, and Snowflake. He recently shared his leadership know-how and experiences in the book Amp It Up, which tells the story of Frank Slootman's life and leadership.
01:06 Choose the right elevator
03:18 Align your people
07:21 Make Your Organization Mission Driven
09:28 Advice for every leader
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Subtitles for this video were machine translated by XL8.ai.
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🎧 Check out the extended version of the interview on our podcast
- Spotify: spoti.fi/41psd6J
- Apple Podcast: apple.co/40pNGLF
I'm 32, my business isn't going well, really needed to hear this today
• Embrace struggle and failure. It’s a norm. Successes are rare.
• Failure doesn’t mean you’re not good, it means you have to learn.
• 3C for a great leader: courage, clarity, conviction
More of these please
yes sr
Inspiring for internationals in US
Crazy how relatively unknown he is! Doesn't have a Wikipedia.
Frank is a brilliant leader. Always great to see a new interview or commentary from him drop. Nothing but words of wisdom and clarity.
The videos are amazing. I love watching them. It helps me to see things from other perspectives and also understand that the stories behind success are very different. It inspires me!
Courage, clarity and conviction. Will take these three C's to heart
In a setting where employees are well compensated and their health is taken care of I think everything he says is golden. In setting where employees are essentially exploited workers who aren't valued as individuals, these same ideas are actually quite toxic.
It is a somewhat thin line that causes a lot of confusion in modern discourse I think, that working hard when your taken care of is actually desirable, effective, and impressive, but working hard when you're not taken care of is tantamount to being a voiceless slave of sorts.
Exactly the same thought. He must be compensating the employees well for the fast pace work culture he requires. Otherwise the retention rate of employees will be lower.
So educational, meaningful, and touching. Thanks a lot 👍
The most comfortable and inspiring sharing that I have ever seen
Frank just gets it. One of the best leaders we have in business 👍
incredible to learn from someone who walks the talk!
Wow I just opened it in a new tab, "for looking 5 sec at it", closing it after 12 min !! Thank for the video and channel, and thank for Frank, he is really amazing gentleman !
I so completely agree with what Frank says, younger - sub 50 yrs - should watch this video several times.
This youtube channel is so perfect! Thank you
"struggle and failure are formative, they teach"... That's a great quote! This guys full of them infact!
Perfect!!! Great interview! 💪🏾
Glad you enjoyed it!
Absolutely fascinating advice! Thanks for sharing this!
Frank is the best of the best. Amp it up!
Loved the book - inspiring and actionable :)
From VietNam, the speech is amazing!!!
Wow, this was excellent
Love this! A great adaptable leader
Love this. Very inspirational 👏
fantastic inputs... they were served convincing , encouraging and very clear 😉👌🏾
Amazing episode!
Love this. Thanks for the insight
Thank you so much for this uplifting, motivating video. I'm going through a rough time right now, and it helped me feel better.. Thanks.
😮
Hope you feel better soon. You got this 😊
Great lessons. Thank you for sharing!
⏱Timestamps for this video!
0:00 - The Secret to Successful Companies
1:28 - Choosing Your Industry
3:01 - Lessons from Broken Businesses
3:52 - The Message of AMP it Up
7:31 - Snowflake's Mission
9:27 - Traits of a Great Leader
11:19 - Importance of being patient and embracing struggle
11:51 - Failure is a learning opportunity
🧙♂✨ Generated with Houdini Chrome extension.
Struggling with my CS degree at my university and this really boosted me up. Thank you!
same dude 👌
He studied economics not cs
@@resa574 I’m studying both, but struggling with the CS part 😭
@@resa574he studied Econ but works in a cs dominated field so both degrees would be useful as he has great understanding of tech as well
Awesome video 👏
I really appreciate Frank Slootman's mindset towards leadership and business. He is absolutely right that leadership should create energy and a sense of urgency in the organization, and that success often requires taking risks and embracing struggle and failure. I also like his metaphor about stepping into an elevator that goes up instead of down, and choosing to work in a growing industry to maximize opportunities. His story of starting from a 15-person startup to building billion-dollar companies is inspiring, and I agree that success is a combination of having good cards and knowing how to play them. Overall, I think Frank's message is clear - focus, intensify, and prioritize opportunities to achieve success.
I love these video, as there is a lot of learn. Thank you
Love the Leadership tips!
Terrific
Loved it Frank - thanks!
Thank you for great video
Such a great video
Bravo!
So good thank you
lovely video thanks.
thanks for sharing
Amazing
Great advice.
Advice for every leader - 3C : Conviction, Courage and Clarity
Loved that
great content
magnificent talk🤩
Great stuff Frank!
Wow. Such a great man.
This was gold
Quote "First of all, you know, Snowflake grew from 0 to $1 billion in revenue faster than any company in history"!!!!
Looking thru the company financial statements, the numbers indicate likely 2021Q2 it reached the $1 billion threshold (given 2019 calendar year overall revenue was only $592m as detailed in the annual report). This suggests the company reached the $1 billion threshold by Age 9ish. Anyone has any thought to if that's indeed the truth to be the fastest record in history? 😆
@@sppcc2006
Snowflake is an impressive success story in terms of revenue growth. While it did not reach $1 billion in revenue faster than Salesforce, it did achieve this milestone in a record-breaking time frame for a software company in the modern era.
Truly a great a guy
Thanks for the wise words
Love this man
great
Please upload a bit louder videos... they are very quiet compared to others on youtube :) Otherwise great content
There are 2 buttons on the side of your phone try pressing the top one
He is the CEO of these companies and joined merely 4 years ago. He didn't build them. Please include correct information.
Correct. With Snowflake and ServiceNow he came in years after they had been created. He’s great at taking fast growing companies and making them scale up. He’s not a founder “initial idea” sort of guy (which is fine)
@@jg5875 it is a completely different skill...it's like saying I'm a great marketer when I'm a software developer. Both are valuable roles but drastically different
@@jg5875 a CEO who joined a few years ago when a company was already worth several 100s of millions, did not build the company. Props to growing it, but "building to a billion dollars" is extremely misleading and insulting to founders everywhere
Agree!!
@@dhruvbhatia7 cry me a river cry me cry me
-Justin Timberlake
The general. Almost time to hang his boots, but he's still going at it 100.
Am I the only one who notices the crazy wind outside the building?
Oh now I see
And even Snowflake? I can't believe it!
Like being in an elevator, What domain you're in is very important
This son of a b has hyped me up 😂 i think he's completely right about the energy speed and intensity thing. Important bit of psychology regarding effort and motivation there, plus things get lethargic when it is allowed to do so. Inefficiency is a business killer.
I’m here just staring at those trees going crazy in the background 0:51
Would love to have more informative discussions instead of motivational ones, but great content as usual nonetheless!❤
do you think the shareholders or board of directors will simply choose a person who is unknown?
Opportunities
wholesome af
wow
It's always interesting to see how the psychopaths who run our world think, and how their thinking creates so much suffering. No mention at all behind how urgency, or pushing a fast pace leads to stress, anxiety, suffering for employees. The only thing that matters is the success of the company, for the org to win. And when the org wins, he becomes a billionaire, while you'll get a mere fraction of the value you helped to create.
He invested millions of his own money into the project. He runs the project all day. He had yeh stressful task of managing people and the project. And he supports the economy and pays many millions in taxes which support you and the people.
He provides good and services for people, like the one you are using right now to text.
He risked so much, and it payed off - and so he got rewarded.
@@ceotension4525 he didn’t join the company until may 2019.
He did not fund or invest into the creation of the company. He joined shortly before it IPOed
If a fast pace gives you anxiety, you're the one with mental health problems not him. He clearly explained how a fast pace is beneficial to all in the organization
😅😅😂😂😂 I didn't expect this comment.
I'm seeing alot of videos like this, and my conclusion is "all the works needs time"
Because I never see those men under 40, it has to be above that number
I have talked with a man building his company currenty at $7-8M nw, and he needs 15 years to reach this point
was there a hurricane during the interview??
Still,learning to be concise though!
I had to laugh when he said « not good when you speak and you are boring to me » as he deploys his corporate BS!
스노우플레이크 CEO를 어떻게 인터뷰를 ㅋㅋㅋㅋ
wise man, can I adopt you as my father?
He’s a career ceo not a founder
On the back of people...
0:50 wtf is this guy at looks like an ef-1 is happening right outside of that 45,000 dollar window
So take the elevator that goes down, learn and make mistakes and grow, then get off find another elevator and hopefully you get good cards
0:48 I think you just lied, since OpenAI has grown to 20 billion faster than anything before, moreover it is 20x more valuable in financial terms than SnowFlake and it is only in financial terms, in real value I think there is nothing that comes close to GPT-4 so far.
He's talking about revenue not valuation. OpenAi isn't even close to that, the last testified number is 30 million revenue. And in terms of valuation OpenAI certainly isn't worth 1 trillion 😂 (~50x SNOW)
I I I I I. It’s all about me. Me. Me Me Me.
It is all about networking and who you know . And from there you build all your startup to a billion dollar companies . No one will say this 😂
Change ur OA q’s man, y u gotta dp us like that
He sounds like a boss instead of a leadership at some part of this video.
😂😂😂
Working for him is defntly not for snowflakes
Massachusettes
How to say you're the Elon Musk type of guy pressuring/harrassing/firing people like hell for "progress of humanity" while the "progress" is 99% just your hubris and mental agitation, fear of boredom and lack of percieved meaning of existence, running in your mind like a hamster wheel, and you trying to cope with it via a narrative of leadership and going forward and blablabla, without actually saying it.
Tell me how you really feel tho
Feel you bro
Like it or no these are the people that improve the world.
@@00doblecero That's what you learned to believe.
@@pierrew1532 he will be in history books, you won’t. That’s the reality you like it or not.
except it is lol
Annoying canned background music
He must be getting lots of crap from fox news.
expert at drivel.
who is he trying to bullshit...?
the popular candidate amongst the shareholders and board of directors will eventually bcome the CEO..
You are an idiot if you can’t understand
it sounds toxic to work under him
All things being equal, being white and lucky is important.
All the hot air he regurgitates is nothing new. Well done to him, but don’t make us think he is amazing.
Hooped onto the right elevator at the right time. Others aren’t as lucky even in the same elevator.
You want “fantastic and wow”? Pay well. Otherwise you will have “ok or below”
Vast majority of entrepreneurs are not white. Maybe not in the western world, but around the globe.
The color of one's skin is irrelevant to success.
Luck is the main factor. However increasing ones chances is the name of the game. Working harder, being in the right industry, etc. It all just increases the chances for success, nothing guarantees it.
He said it himself, it's about having the right cards and know how to play them right. Some of the things you said may be relevant, but it's also because he knows what cards he have and how to play them. I don't think it's an excuse to limit ourselves just because of the thing you mentioned. Just gotta know what cards you have, and find the right opportunities to play those cards.
It's interesting how people like you step out of the woodworks at exactly the worst times. There are tons of people who have gotten where they are due to privilege and plain luck but of course you have to pick on one of the examples where this is obviously not true.
As he said in the video he had to take jobs that no one else wanted because he's a foreigner. That discredits any sort of privilege you're talking about.
He also said (were you even listening??) that you need a good hand AND you need to know how to play it. So yes he hopped on to the right elevator at the right time but he probably hopped onto many wrong ones as well. But overall, having gone through the journey of creating 3 successful businesses it cannot just be about luck or about privilege. One success? Certainly possible, maybe probable due to luck. Two? Slight chance. Three times? No way it can be luck, that would be exceedingly rare. It's much more likely he knows exactly how to run a profitable business than the other way around.
What he's saying in the video sounds very actionable to me unlike many other "gurus" who cannot back up their claims. This is the first time I've ever heard of this man and for once I'm actually impressed by a businessman and what he has to say.
Honestly I don't like how insiders cash out. Seems Scammy, what I respect about Elon was that he was in. I won't buy a tesla, but I respect him as a CEO. He built a loyal army. This guy just seems like a grifter. Who got lucky
U mean you are not woke CEO????
So what exactly does snowflake do… “we extract value out of data.” Uh huh, cool
Data warehouse. Stores massive amounts of data that you can then run analytics against to answer business questions. Not easy to explain in a sentence or two.