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This week on Run The Numbers, host CJ Gustafson is joined by an all-time great: Jim Cook, one of the six original co-founders of Netflix, ex CFO of Mozilla (2009 - 2018), and one of the first 100 employees at Intuit.
This week on Run The Numbers, host CJ Gustafson is joined by an all-time great: Jim Cook, one of the six original co-founders of Netflix, ex CFO of Mozilla (2009 - 2018), and one of the first 100 employees at Intuit—needless to say, Jim’s resume is stacked. Nowadays, he’s taking his 30+years of operating experience and paying it forward as a top CFO coach to some of the best in the business, including episode 2 guest, Ivan Makarov. In this episode, Jim and CJ chat about Jim’s top frameworks for CFOs, the key differences between a good and great CFO, perfection as a prison, and more. If you’re looking for an ERP platform, check out our sponsor, NetSuite: http://netsuite.com/metrics
TIMESTAMPS:
(00:00) Episode Preview: CJ’s learnings from Jim
(03:40) SEGMENT: CJ's opening “Off the Books” monologue on Instacart’s S-1 and advertising business
(07:18) Start of CJ and Jim’s interview
(08:05) What qualities separate a great CFO from a good CFO?
(10:15) How do CFOs develop accountability as a skill?
(14:26) Sponsor: Netsuite
(15:52) Why CFOs quit
(17:25) The importance of storytelling as a CFO
(22:15) Jim explains first principles
(24:40) The fallacy of a right decision and perfection as a prison
(28:25) What was it like having Reid Hoffman on Mozilla’s board?
(29:39) Jim on what a good relationship between the CFO and their board looks like
(33:30) Transparency requires trust, trust requires transparency
(34:53) Being vulnerable as a CFO
(37:36) A time where Jim had to tell the board the hard truth
(38:57) Key frameworks Jim teaches in his coaching
(44:24) A learning Jim took away from his career at Intuit, Netflix, and Mozilla
(46:20) SEGMENT: Long-ass lightning round: an example of when Jim screwed up on the job, the ideal finance software stack, the craziest thing someone has tried to expense
X / TWITTER:
@cookflix (Jim)
@cjgustafson222 (CJ)
@TurpentineMedia (Turpentine)
SPONSORS:
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