Ryan Caldbeck Profile picture
May 27, 2018 21 tweets 4 min read Read on X
1/ I believe there are things that CEOs almost universally feel, but are afraid to talk about, making this journey as a CEO lonelier and less healthy. I recently had an amazing dialogue with some other CEOs about these topics. I wanted to broaden the conversation publicly.
2/ People may make up stories about my intentions. Call me weak, brave, etc. Mental health is a vital topic that doesn’t get enough attention- esp amongst leaders. This isn’t a sign that I’m burnt out or that CircleUp is in a rough spot. Far from it. It’s me sharing how I feel:
3/ I feel the soul crushing stress and pressure of being a venture backed CEO. In the worst moments – missing a goal, letting a team member go, pivoting - it is almost unbearable. In best moments -just closed round, hired someone amazing, hit big goal- I feel pressure about next.
4/ I feel all consumed. All the time. It's hard for me to feel present in non-work conversations. On my Friday date night with my wife, I often struggle to focus on us- my mind slips to work. I hate that. I’m embarrassed to admit it. I actively work on it. But I feel all consumed
5/ I feel incredibly lonely. As CEO it’s hard to fully open up about my company and it’s hard to find other CEOs who are willing to be vulnerable and talk honestly about the hard things. The “we’re crushing it” CEO just makes me close down more.
6/ I feel tired- mentally and physically – constantly. I sleep less well than I ever have in my life- and almost never am able to catch up on sleep. Not because I’m so busy, but because my mind races and refuses to rest. This has been my reality for 6 years.
7/ I feel scared. The fear has increased with time and I had thought it would decrease. Fear that I will disappoint people, fear that our effort will be wasted, scared that new team members won’t want to join or that our best will leave.
8/ I feel worried that I don’t know what to do. Experts call this Imposter Syndrome. Some of the best leaders I’ve ever seen still have it deep down inside. @bhorowitz THTAHT Chapter 7: How to Lead Even When You Don't Know Where You are Going. (Book I most identify with)....
9/ ….a quote from Howard Schultz I really like: “One of the fundamental aspects of leadership, I realized more and more, is the ability to instill confidence in others when you yourself are feeling insecure.”
10/ I often feel like I can’t be my whole self. I’m honest and hardworking. That’s easy. But sharing more of myself - what I like/don’t like outside of work- is hard for me because I’m worried I will alienate others. I try to be authentic but it is hard to be all of me.
11/ I feel jealous almost every time I talk to another entrepreneur. They always seem to be better than me or us at something, anything. Shows like Silicon Valley are not fun for me - my mind just spins about things we could be doing better. Or reminds me of painful failures.
12/ I feel all these things every day and I know many other CEOs do too - wherever they live, whatever type of co/org/team they lead. Fear, self-doubt, and fatigue…. But it’s really really hard to say it out loud. Especially in Silicon Valley where there is So. Much. Posturing.
13/ But just because it’s damn hard doesn’t mean I’m over it. We just had the best six months we’ve had in our history - by far. And I’m all in.
14/ It’s the hard things about being a CEO that make the joys that much sweeter. When a team member proudly releases a technical blog or shares an update about something they’ve been working on. When a career develops right before your eyes and someone grows to have a big impact
15/ Those moments, and the journey overall, give me so much energy. Because we’re creating something. And the chance to have an impact on others, to help entrepreneurs to thrive, gets me more passionate than I could have ever imagined at work.
16/ I feel so lucky that I have the opportunity to try. To try to build something that matters. To be a part of something bigger than myself. To live in a place and a time where this is possible. To have the resources and support system to be able to give this a real shot.
17/ This isn’t about the hindsight of the success story. We still don’t know what will happen here. It’s about the process of getting to that success, with every fumble and pivot and sleepless night along the way.
18/ I’m not done. Nowhere near it. But I feel compelled to share this today. The benefit of doing it now – and not waiting until the CircleUp story has been fully written - is so that other CEOs might feel more comfortable expressing themselves, and we can all lead happier lives.
19/ I’m also writing this to hopefully create empathy. Empathy amongst entrepreneurs, teammates they build with every day, VCs that fund them, friends and families that support their journey. I’m hopeful that this empathy will create safe spaces for others to share their journey.
20/ It's ok to be scared. It's ok to be worried. It's ok to be tired. If we can talk about it, and build bridges to support & encourage each other the system overall will be more inclusive, more reassuring, more open. Everyone is on their own journey - now you know part of mine.
21/ To open this dialogue, we need to be willing to talk about it. If this made you feel something - better, more connected, more understood, etc. Or if you just feel some of the same feelings, I would love to hear from you and I think others would too. Share your feelings.

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More from @ryan_caldbeck

Apr 3, 2023
1/ Like ~X00m other people, I’m playing around ChatGPT a lot lately and just blown away. I gave it some ideas for the future of plugins and ChatGPT6 and asked it to write a tweetstorm. The quality of the ideas wasn’t my interest, it was more the process of writing with ChatGPT4
2/ I found it to be helpful in starting a conversation. Just to start writing.

To get a first, working draft, I had to give less direction than I would a human. You can see my first prompt here:
3/ Immediately it came back with this:
Read 19 tweets
Mar 23, 2023
1/First-time CEOs often don’t realize the importance of some tried and true frameworks, tools, and processes. I didn’t.

It sometimes is ignorance. Sometimes arrogance. The frameworks/tools/processes that flow from the strategy are good examples.
2/ I’ve found strategy is vital not only for alignment but also for the tools that it unlocks.

Laying out strategy is a pain. It starts off fun. Every 22 yr old thinks they are good at it because they listen to the All-In Podcast.
3/ Actually putting it to paper, in a coherent, concise, and inspiring way- is an absolute beast.

Read 21 tweets
Feb 25, 2023
1/ In my year off between @CircleUp and joining @DuneAnalytics , I talked to ~100 founders. Exploring joining the company, co-founding something, advising, investing, and sitting on boards.

I was surprised by how many didn’t have a mission articulated. Particularly in crypto.
2/ First some definitions:

-Mission is a company’s “why”.

-Vision– Vision describes what the future will look like if we achieve it. Sometimes a vision statement is implied by the mission and thus redundant.

-Strategy– how we get there.

-Values– who we are along the way.
3/ Without a crisp and consistent understanding of “why” a company will be lost. I’ve only ever seen that articulated and embraced effectively by writing it out and referring to it often.

Mission rarely, if ever, changes.
ryancaldbeck.co/2022/06/03/how…
Read 13 tweets
Feb 2, 2023
1/ Leveling (defining roles, responsibilities needed in each position) is key for attracting and retaining talent.
Yet it brings up some strong thoughts and emotions including fear, frustration, anger. What leveling is, how/when to implement and even real life examples. 🧵🌩️
2/ WHAT is leveling: Define the role, responsibilities, skills needed and what excellence looks like for each title in the organization today and often that is likely to exist in the next 12-18 months.
3/ I like to tie a leveling grid with compensation benchmarking surveys (review at least 1x per yr to ensure you’re paying market comp). The description of each level should also be tied to employee reviews and job descriptions for new hires.
Read 17 tweets
Jan 24, 2023
1/ Strategy. What it is, why, and how to lay out your strategic plan. It’s taking the plans you think are in your head and exposing it to your team, the world, to refine and pressure test it. 🧵
2/ WHAT: A strategy provides clarity and a roadmap for how you want to achieve your goals over the next 2-3 years. It is built with the company’s goals in mind (either after or in conjunction with developing projected KPIs and financial model).
3/ Critically it must be consistent with the company’s mission, vision and values.

Those should be defined first

Read 23 tweets
Jan 19, 2023
1/ I believe in the power of thinking in public. I’ve made the pitch to countless others to lay out their thoughts publicly- blog posts, Twitter, Substack, etc. I’m drawn to others that think in public. Specifically, those that write. Here is why I love to write publicly.
2/ Clarify my thinking. Writing slows down my brain. It forces me to lay out logical arguments and helps me to identify when there are holes in my arguments. Writing improves my thinking and decision-making.
3/ Sometimes I’m experimenting with new ideas. These ideas might get pushback. They might get others sending me related ideas. But the process of writing and the feedback makes these ideas better.
Read 14 tweets

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