Everything Guillaume Pousaz said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Checkout.com has never spent a single dollar of its raised venture capital
“We have never spent a single dollar of the money that we have raised. So I mean, all the money is sitting on the balance sheet.”
Five great engineers outperform 100 average ones
“Five good engineers are better than a hundred average ones.”
CEOs should focus on five-year roadmaps, not two-year execution
“I basically have, like, three roadmaps, a two-year roadmap, a five-year roadmap, and a ten-year roadmap. The two-year roadmap is more or less decided already now, so it's basically executing against this, and I'm not involved. And I make my decisions on the fi…”
Pousaz relies on gut feeling and instinct over formal decision frameworks
“I don't have a framework. I make a lot of gut feel decisions and instinctive decisions, and by that, what I mean is that, of course, as a CEO now, I mean, I have a CEO office, I have a great leadership team, and I do have access to data, but I don't think that…”
Managing by financial models distracts from employee happiness and positive outcomes
“The more happy people you have and the more good outcomes you get. And I think, you know, quite often, if you try to run a company with business plans and financial models and everything, You kind of deviate from that.”
No business sector compounds as effectively as payments
“I think nothing compounds like payments, so it's kind of hard to say, but I think it's going to be more growth, more people, more merchants, more products, more geographies.”
Checkout.com spent zero dollars on marketing prior to its Series A
“We had never spent a single dollar in marketing before the series.”
Pousaz relies on a group of mentors with no equity in Checkout.com
“Fundamentally I have a good group of mentors that really like look after me, that are people that don't have any vested equity or equity in the company.”
Being a good father makes you a better CEO
“Being a good dad also makes you being a good CEO.”
Pousaz still flies economy class with his family
“We fly an economy with the whole family.”
Overindulging yourself destroys the hunger required to be a successful entrepreneur
“Hunger is one thing that you need as an entrepreneur. And if you spoil yourself too much, You'll not be hungry anymore.”
Most payment processing revenue still sits with legacy incumbents
“If you take the three leaders today, which are ID and Stripe and Checkout, we're literally scratching the surface of what's possible. This is mathematical. All the revenue is still sitting in the incumbents”
Executive performance is defined by the ratio of good decisions to speed
“But it's the ratio of good decision and the average weighted time that you take them that is actually the key.”
Checkout.com is a value-driven company, not a mission-driven one
“We are a value-driven company. So you have certain companies that are mission-driven. That's not us. We're a value-driven company.”
Pousaz limits all meetings to 15, 30, or 45 minutes
“If you want like, you know, factual tips, I have three types of meeting. I have the 15 minute meeting, the 30 minutes meeting, and the 45 minutes meeting. You have to choose between these three, and I always keep 15 minutes in each hour to do emails and WhatsA…”
Pousaz conducts weekly meeting audits to eliminate non-essential commitments
“What I do at the end of the week, every single week with the team that actually helps me manage my time, is that we raise the meetings. Was that a good meeting? Yes or no? Was that a meeting where I needed to be there? If I didn't need to be there, then we kil…”
Two-thirds of Checkout.com's workforce is in product and engineering
“Two thirds of the company is product and engineering today.”
Pousaz uses three email labels: urgent, end of day, end of week
“But I have three labels only in Gmail. I have urgent, end of the day, end of the week. It's these three labels and the assistants, they file the emails. And urgent is what I do every single 15 minutes and every hour. End of the day is what I do when I finish m…”