Storonsky: Setting Realistic Goals Requires Personal Problem-Solving Experience
Nik Storonsky · 20VC: Revolut Founder Nikolay Storonsky on His Leadership Style and Relationship To Ambition, His Biggest Lessons From Scaling Revolut Globally; What Worked, What Did Not & Why Speed of Product Shipment is The Most Important Thing · Apr 12, 2021 · at 6:31
Nikolay Storonsky is the founder and CEO of Revolut. He outlines his playbook heuristic for evaluating how ambitious and achievable a goal should be for team members.
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“Well, I think you need to be realistic, right? You yourself, you need to have a track record of achieving goals. To be able to evaluate how difficult is this particular goal, right? In your head, you already need to have a playbook or a template how you would solve this goal and approximately how much time and what kind of resources would it take. And then based on this estimation, you kind of adjust the goal based on the skill set or kind of, you know, seniority of a person with whom you work. It's very dependent on your experience. If you are very good at solving problems yourself and achieving goals, you'll be very good at evaluation. How long will it take to achieve this goal? And How many resources a person would need.”
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