How to win at FP&A with Psychology, Strategy and Tradeoffs
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Description
Taylor Otstot is VP of Finance at Dashlane, and former Senior Director of Finance at GoDaddy. He joined GoDaddy a year before their IPO and was there for eight years as the domain registrar and web hosting company scaled from $1.5 billion to $4 billion revenue. “By the time I left I was supporting about a billion and a half of that revenue and I was running a team of about 14", Taylor says. "So not only was I part of a business that was going through a lot of growth, but personally had to go through a lot of growth.” In this episode Taylor reveals the psychological skills and strategy he uses to win in his career. Insights from this episode: Printing Excel files (aka the worst budget he has ever experienced) Why every conversation in finance is really a conversation about tradeoffs. Letting go of what “made you great” when managing an FP&A Team Psychology learnings that have transformed my finance career and how you can apply them to your career Eight Lessons Learned the Hard Way, Reflection from Eight Years at GoDaddy. How a hard experience showed him that in finance “ titles unlock doors, but that doesn’t mean you’ll be invited in” Why I am a big fan of decision frameworks and breaking out of your “normal default positions” Burritos vs tacos and finance decision-making (with lessons for business reviews and business partnerships) Why the “safe choice” isn’t normally the right choice in finance  Secrets to building a high performing team  The big Sales comp revelation Noteshttps://taylorotstot.com/ Follow Taylor on Linkedin https://www.linkedin.com/in/taylorotstot/ Creativity Inc, Ed Catmull Thinking, Fast and Slow, Daniel Kahneman Reflections from 8 Years at GoDaddy
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