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Brian Chesky

06/02/24

@ The Social Radars Podcast

I never aimed for profitability; I aimed for efficiency. We kept our headcount flat and focused on creating a fun work environment, which allowed us to move quickly and effectively.

Video

The Social Radars S2 Ep.1: Brian Chesky, Co-Founder & CEO, Airbnb w YC Co-Founder Jessica Livingston

@ The Social Radars Podcast

The Social Radars S2 Ep.1: Brian Chesky, Co-Founder & CEO, Airbnb w YC Co-Founder Jessica Livingston

06/02/24

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Efficiency is a core value for us; we embrace the challenge of not hiring excessively, which forces creativity and focus on what's important.

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We aimed to be profitable on the first order, which was uncommon at the time, and this focus on profitability helped us succeed.

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To maintain morale while pursuing profitability, it's crucial to not lose sight of new growth opportunities and to balance core efficiency with innovation.

Tracy Young

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To manage work-life balance in a high-paced startup, I focus on the outcomes we create rather than just the hours worked.

Ooshma Garg

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Not having a lot of money forced us to innovate and focus on making every dollar count, which ultimately helped us grow faster than competitors who had more funding.

Alfred Lin

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Many e-commerce companies raised large sums but failed due to poor customer acquisition strategies, which we aimed to avoid by focusing on profitability.

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Kyle Vogt

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We were unwilling to admit defeat, which kept us focused on solving problems rather than contemplating shutting down the company.

Matthew Prince

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