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Charlie Songhurst

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
640 total appearances

Appearances Over Time

Podcast Appearances

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

But there's no need for that.

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

It can just be coached in.

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

And I think a lot of it is you get this very strong transition.

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

When you're a very small startup, most of the people you're employing just come in and do their job and go home.

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

And the drawback of that is you tend to end up having to do tight management, a lot of micromanagement.

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

And the beauty of it is you tend to get a very low level of politics within the organization.

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

Then you get this transition to where you're hiring people that are sort of execs, would be the sort of headhunter's description, VPs, senior people.

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

And the beauty of these more senior people is you can give them much more complex tasks

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

Build me a product division doing this.

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

Go open European markets for me.

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

And the drawback is it, anyone capable of those complex conceptual abstractions necessary to do that tends also to be capable of politics.

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

And because the world is not composed of saints, as an organization scales, the level of internecine politics increases exponentially.

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

Someone once said to me, the difference between a great company is one where the execs spend only 25% of their time playing politics and a bad one is where they spend 50% of their time

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

And that delta is the entire Gaussian bell curve from the best Fortune 500 company to the worst.

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

And I think one of the things that really matters as a founder is acting as a dampener on politics.

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

So reducing internecine warfare, reducing the tendency for marketing to try and take control of the sales funnel.

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

Reducing tendency for the head of sales to want to take over sort of inbound marketing.

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

Just trying to stop the CFO controlling spending so tightly that you don't get positive return on capital investments by sales.

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

Trying to stop sales getting so much control over spending that your margins go out of control.

Invest Like the Best with Patrick O'Shaughnessy
Charlie Songhurst โ€“ Lessons from Investing in 483 Companies - [Invest Like the Best, CLASSICS]

All those boundary conditions between.