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It's The CEO's Job To Be Pessimistic

It's The CEO's Job To Be Pessimistic

FromThe Andrew Faris Podcast


It's The CEO's Job To Be Pessimistic

FromThe Andrew Faris Podcast

ratings:
Length:
17 minutes
Released:
Jan 17, 2023
Format:
Podcast episode

Description

You didn't become an entrepreneur because you think, "Nothing will work out and I won't even try." Quite the opposite.
But if you're the CEO of your company now, it's your job to flip that instinct around and start asking, "How will this go wrong?"
For optimists like many of us, that's not intuitive. But it's necessary. In this episode I'll explain why.
TIMESTAMPS

[00:34]: Andrew’s "CEO's should be pessimistic" advice
[03:33]: Planning for the worst case scenario in a business
[04:54]: Challenges in an e-commerce business
[06:21]: Inventory problems
[06:46]: Losing a team member
[09:05]: A CEO’s job
[09:58]: The 13 week cash flow forecast

Follow Andrew on Twitter: @andrewjfaris
Email Andrew: podcast@ajfgrowth.com
Work with Andrew: www.ajfgrowth.com
Music Intro: "Tell Me Mama" by The Devious Means
Music Outro: "Rusty Little Scissors" by The Devious Means
Released:
Jan 17, 2023
Format:
Podcast episode

Titles in the series (96)

Andrew Faris has been growing ecommerce brands since 2014 as everything from a media buyer to the head of strategy at Common Thread Collective to the CEO of 4x400, a DTC aggregator. Join him every week to learn the nuts & bolts of how to grow ecommerce brands, always shared with refreshing candor.