Scot Chisholm
founder, investor, dad
@classy_org (acq.by @GoFundMe)
building @joinhighland & @haskillcreek
nonprofit š¾ @savefarmland
Recent Posts
Most companies think they know why their stars leave. Theyāre usually dead wrong. Donāt be too busy patting yourself on the back for hiring great talent to notice the cracks in the wall. These are the top 7 reasons why A-players update their resume. Ignore them and your A-team will be handing in their 2-week notice before you know it:
How to get your brain to focus: 1. Less is more - Saying yes to everything is a fast track to burnout. - Set 3 measurable goals for the year, no more. 2. Stop context-switching - Your brain isnāt built for multitasking. Itās costing you more than you think. 3. Cut meetings by 90% - Limit attendees to decision makers only. Meetings are where productivity goes to dies. Donāt be the executioner. 4. Set up simple systems - Complex systems break. Simple systems scale. - Create templates for reoccurring processes. 5. Hire A+ talent - Use peer interviews to assess cultural fit. - Create a thorough onboarding plan with weekly check ins for new hires 6. Delegate awesome stuff - Assign high-impact projects to top performers. - Delegation isnāt about offloading work. Itās about growing your team. 7. Rest & sleep - Sleep isnāt a luxury. Itās a productivity tool.
Behind every successful founder is: ā Paralyzing self-doubt ā Money issues ā Failed products ā Churning customers ā People quitting Ironically when this article was written... I was at my all-time low as a founder. My Series C investor trying to push me out of the company... And bring in someone with "more experience". It always happens this way though. Public perception is really high... But on the inside, well, it's a sh*t show. If you can relate to this... Just know that all of us have been there too. There IS a light at the end of the tunnel. Just keep going. š“āā ļøš“āā ļøš“āā ļø Ps: if you enjoy my content, you will love my free newsletter. Visit the link in my bio to subscribe!
Running your startup without a financial plan? Most founders think their accountant should handle this... But the truth is - if you canāt understand your own financials, youāll never build a strong business. Stop skating by. Take command of your numbers. If you want my exact format on how to build a financial plan for your business, comment āPLANā and Iāll send it your way.
14 things you should never say as a founder... and Iāll be honest, Iāve said at least half of them myself. These costly mistakes have burned millions in time and money, but they donāt have to burn you too.
Great teams arenāt born; theyāre builtāone trait at a time. Master these six and watch your team evolve from functional to phenomenal. I wrote pretty in depth article on top 7 company culture killers (that most people arenāt aware of). If you donāt want to lose your top performers, youāll want to read this. Comment āCULTUREā and Iāll send you the link.
Most meetings suck. Here are the only three you need. ā¬ļø Comment āMEETINGā, and Iāll send you my exact framework for each.
Trust doesnāt happen by accident. Your teams will hate each otherās guts. I learned this the hard way at Classy when I noticed different teams starting to point fingers at each other: Sales blaming product. Product blaming engineering. Everyone blaming marketing š But hereās the thing ā it wasnāt their fault. As the leader, I hadnāt created the right environment for trust to flourish. So I developed these simple questions that transformed how our teams worked together. Theyāre not rocket science, but they work every single time š Big credit to patrick lencioni for this concept in his book ā5 dysfunctions of a teamā
Iāve made every mistake possible building companies. Here are 30 uncomfortable truths most founders donāt want to hear (but need to). I share no BS tips like this in my weekly newsletter. Comment āLEADERā and Iāll send you a link so you donāt miss a beat.
The top 1% of CEOs do this best... They lead with influence, not with commands. And anyone can do the same with practice. Hereās how to join the very best. If you wanna learn more about the 12 habits to become a High-Performing manager, comment āLEADERā and Iāll send it you way.
Most people break under pressure. I used to be one of them. Then I mastered these 7 resilience techniques:
Iāve been told to give up 100+ times in my life... Even by friends and family. As a founder, youāll go through some dark times. Times thatāll make you question whether youāre doing the right thing. Whether itās even worth it. But trust me, it is. How to not give up on your dreams (when everyone says you should): š Iāll never forget those early days at Classy, sleeping on the floor of a one-room apartment with my co-founder because we couldnāt make rent. We were struggling for traction. No funding lined up. People told me to quit. That this ātech company for charitiesā would never work. Sometimes I (almost) believed them. I got soooo close to quitting. But I didnāt. This was our dream, and we had to see it through. Giving up wasnāt an option. My determination came from my momās cancer battle. After all, we originally started the ācompanyā to raise money for cancer research. She showed such perseverance, couldnāt I? That purpose fueled me during the dark days when our future was uncertain. Itās easy to doubt yourself when times are tough. I had no idea if Classy would succeed. But hereāsĀ Ā 3 tips that got me through the hardest moments: š 1ļøā£ Focus on your Why Find your deeper purpose beyond just growing a business. Let this purpose be the engine that keeps you going. Believing in something greater than yourself can get you through almost any challenge. 2ļøā£ Celebrate Your Wins Acknowledge your progress, no matter how small. Cheering the milestones along the journey boosts motivation to keep pushing. It took us 6 years to get to $1M revenue. But we made damn sure to celebrate it. 3ļøā£ Find a Community Entrepreneurship can be lonely place. But it doesnāt have to be a solo sport. Surround yourself with support. I had an advisory board that provided advice and accountability during tough times. Having a supportive core will give you strength when others tell you to stop. š Anything is possible if you commit to your vision and ignore the naysayers. Never let anyone extinguish the fire inside you. You know your potential, even if others canāt see it yet. Stay fierce. Stay focused. And never, ever give up.
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