Billy Hult: CEOs must take full ownership of high-stakes decisions
Billy Hult · Billy Hult: 27 Years of Compounding Growth Leading to the Market Leader with $1.4BN in Revenue|E1134 · 20VC with Harry Stebbings · Mar 29, 2024 · at 16:56
Billy Hult is the CEO of Tradeweb Markets. He discusses his leadership framework for making high-stakes decisions and maintaining executive accountability.
0:00 / 0:23exact quote · 23.9s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“If I feel like it's a decision that ultimately there's a tremendous amount at stake around and there's going to be a fall guy on the decision. If it doesn't wind up working out, I will make sure to make an obvious point that it's mine. Because I don't think you can pass the buck on big decisions.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Billy Hult
Billy Hult predicts Donald Trump will win the presidential election
“I think he will, and I, you know, it starts with he can, but I think it ends with he will.”
Billy Hult: Financial markets are more resilient today than in 2008
“The markets feel better and more resilient and in sort of like in an obvious way in better shape. There's a playbook in place around sort of preserving the structure and the high functioning-ness of the market in a way that should, people should feel sort of, …”
Billy Hult: Success comes from grit and street smarts, not pedigree
“It's not about pedigree. It's not about polishedness. It's not about what school you came from and who you know. It's about old fashioned grit and resiliency and street smarts.”
Hult: Advising people to follow their passion is naive and misleading
“It's a little bit of, you can be misleading when it's sort of like, you know, just follow your passion, Harry, just do what you love. You know, life can be a little more kind of exacting and sometimes, you know, decisions you make early in your Career early in…”
Hult: Leaders shouldn't just get out of the way of great hires
“I think that there are aspects of a sort of ecosystem or a complicated company where you hire great people. And it's not that you get out of their way, but maybe you support them in a way where they feel empowered to do their job really well.”