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#149 Co-CEO Workday, Carl Eschenbach: A Life of Significance

Grit

2023/07/31
Grit

Grit

2023/07/31
Carl Eschenbach, co-CEO of Workday, shares his remarkable journey from a 14-year tenure at VMware to a partner at Sequoia Capital, and finally back to an operating role. In this episode, he discusses his early morning workouts, staying grounded with a Flowbee haircut, and the personal tragedy that reshaped his priorities. He also reflects on his time in venture capital, the decision to join Workday, and his philosophy on leadership and grit.
Carl Eschenbach's path was shaped by a relentless drive and a commitment to family. He left VMware to prioritize raising his children, but the itch to operate never faded. At Sequoia, he learned from cutting-edge startups but missed building enduring businesses. His return to Workday as co-CEO was driven by a desire to serve and end his career in an operating role. He emphasizes the importance of humility, servant leadership, and learning from failures. Carl's advice to founders: create must-have products, hire to offset weaknesses, and stay grounded. He also shares his personal 'big regret'—missing his father's final moments—which solidified his family-first values. At Workday, he focuses on hiring for grit, humility, and integrity, and prefers inspirational leadership over motivational pushing. His story is a testament to balancing ambition with significance.
02:42
02:42
Helping entrepreneurs build enduring businesses is my enduring passion.
03:18
03:18
I work out early to keep family time and start with energy.
10:56
10:56
Stay grounded and remember your roots.
14:24
14:24
His father's seasonal business instilled a strong work ethic.
19:05
19:05
Always move forward, never look back.
19:57
19:57
I'm proud of my journey from a two-year tech certificate.
27:23
27:23
He left Inktomi due to the toll of commuting.
28:09
28:09
I was persuaded by the disruptive technology and the opportunity.
31:51
31:51
We proved value through proof of concepts and ROI.
38:57
38:57
Admitting what you don't know is a key leadership trait.
43:24
43:24
Leading finance and earnings calls requires preparation and leveraging others.
46:04
46:04
I found fulfillment in supporting first-time CEOs.
51:08
51:08
Life is temporary, but family is eternal.
52:07
52:07
Success is about significance, not just achievement.
58:50
58:50
Prioritizing family shaped my career decisions.
1:03:44
1:03:44
Venture capital is stimulating yet humbling.
1:06:00
1:06:00
Workday's scale is impressive, with 18,000 employees and over $6 billion in revenue.
1:07:15
1:07:15
Focus on must-have products, not nice-to-haves.
1:12:27
1:12:27
The co-CEO model works when skills are complementary.
1:15:56
1:15:56
I wanted to give back and serve others.
1:18:03
1:18:03
Inspirational leadership pulls people in, not pushes them.