FP&A Today

How to win at FP&A with Psychology, Strategy and Tradeoffs

Listen Later

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

    • Notes

    https://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

    ...more
    View all episodesView all episodes
    Download on the App Store
    FP&A TodayBy Glenn Hopper
    • 4.8
    • 4.8
    • 4.8
    • 4.8
    • 4.8

    4.8

    41 ratings

    More shows like FP&A Today

    View all
    Accounting Best Practices with Steve Bragg by Steve Bragg

    Accounting Best Practices with Steve Bragg

    255 Listeners

    HBR IdeaCast by Harvard Business Review

    HBR IdeaCast

    1,865 Listeners

    The McKinsey Podcast by McKinsey & Company

    The McKinsey Podcast

    379 Listeners

    TED Business by TED

    TED Business

    1,106 Listeners

    CFO THOUGHT LEADER by The Future of Finance is Listening

    CFO THOUGHT LEADER

    118 Listeners

    Cold Call by HBR Presents / Brian Kenny

    Cold Call

    195 Listeners

    The Accounting Podcast by Blake Oliver & David Leary

    The Accounting Podcast

    338 Listeners

    Women at Work by Harvard Business Review

    Women at Work

    1,388 Listeners

    Inside the Strategy Room by McKinsey & Company

    Inside the Strategy Room

    166 Listeners

    Think Fast Talk Smart: Communication Techniques by Matt Abrahams, Think Fast Talk Smart

    Think Fast Talk Smart: Communication Techniques

    772 Listeners

    Business Breakdowns by Colossus | Investing & Business Podcasts

    Business Breakdowns

    345 Listeners

    WorkLab by Microsoft

    WorkLab

    57 Listeners

    HBR On Strategy by Harvard Business Review

    HBR On Strategy

    73 Listeners

    Financial Modeler's Corner by Paul Barnhurst AKA The FP&A Guy

    Financial Modeler's Corner

    16 Listeners

    FP&A Tomorrow by Paul Barnhurst

    FP&A Tomorrow

    24 Listeners