The Ledger

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Insight
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.”
Billy Hult Mar 29, 2024 ▶ 0:00 Billy Hult: 27 Years of Compounding Growth Leading to the Market Leader with $1.4BN in Revenue|E1134 · 20VC with Harry Stebbings
Insight
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…”
Billy Hult Mar 29, 2024 ▶ 5:32 Billy Hult: 27 Years of Compounding Growth Leading to the Market Leader with $1.4BN in Revenue|E1134 · 20VC with Harry Stebbings
Insight
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.”
Billy Hult Mar 29, 2024 ▶ 8:42 Billy Hult: 27 Years of Compounding Growth Leading to the Market Leader with $1.4BN in Revenue|E1134 · 20VC with Harry Stebbings
Insight
Hult rejects 'fire fast' leadership advice on failed hiring bets
“As someone was telling me recently, you know, the first time a CEO feels like, you know, something hasn't worked out, they should act on it. Because, like, if they have that impulse with, like, you know, all of the sort of importance on the line there's a reas…”
Billy Hult Mar 29, 2024 ▶ 48:56 Billy Hult: 27 Years of Compounding Growth Leading to the Market Leader with $1.4BN in Revenue|E1134 · 20VC with Harry Stebbings
Insight
Billy Hult: CEOs who disconnect from execution breed organizational passivity
“I try to get my kind of sleeves rolled up and my hands around execution, because I do think that's where companies kind of ultimately make their bones around like, how good are you at really ultimately executing on a game plan? And if you get yourself like too…”
Billy Hult Mar 29, 2024 ▶ 7:45 Billy Hult: 27 Years of Compounding Growth Leading to the Market Leader with $1.4BN in Revenue|E1134 · 20VC with Harry Stebbings
Insight
Billy Hult: CEOs must take full ownership of high-stakes decisions
“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 yo…”
Billy Hult Mar 29, 2024 ▶ 16:56 Billy Hult: 27 Years of Compounding Growth Leading to the Market Leader with $1.4BN in Revenue|E1134 · 20VC with Harry Stebbings
Insight
Hult: B2B infrastructure can flourish without demanding the biggest brand presence
“And so we've been pretty smart around understanding, like there's a totem pole. There's always been a totem pole. Understand where you sort of like live in that totem pole, and we don't always have to be the sort of like biggest ego in the room. We don't alway…”
Billy Hult Mar 29, 2024 ▶ 22:47 Billy Hult: 27 Years of Compounding Growth Leading to the Market Leader with $1.4BN in Revenue|E1134 · 20VC with Harry Stebbings
Insight
Billy Hult: New CEOs must quickly set boundaries to protect time
“Create boundaries quickly. So, so, so don't always entertain sort of every new relationship, which can be a concept of like a banking relationship. It can be an external relationship with a client, like, Preserve your time at a, in a very, very structured way.…”
Billy Hult Mar 29, 2024 ▶ 1:01:31 Billy Hult: 27 Years of Compounding Growth Leading to the Market Leader with $1.4BN in Revenue|E1134 · 20VC with Harry Stebbings
Insight
Billy Hult: Public CEOs spend excessive time on governance and regulation
“You wind up spending a lot of your time on corporate governance, regulation, things that you feel like are occupying more of your time than you wish they could.”
Billy Hult Mar 29, 2024 ▶ 41:44 Billy Hult: 27 Years of Compounding Growth Leading to the Market Leader with $1.4BN in Revenue|E1134 · 20VC with Harry Stebbings
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