Ep. 286 - Dennis Woodside: How Do You Know When Something is The Next Big Thing (Advice from Dropbox’s COO)

Dennis Woodside left Google, for DropBox. Everyone thought he was crazy. DropBox was this little tiny company. What was he thinking? "So you ask why I would go from Google to Dropbox. Just play the movie forward. Where's it going to be in ten years? It's logical to me that the company that pioneered this notion of putting your files in the cloud is going to have all kind of opportunities and going to solve problems for everybody in the world. A lot of people don't think that way. They think very linearly. That's how we're taught as kids. That's how you're taught in college." (And that's how Dennis was taught to think in law school. But he got out of that rut. More on that later...) "You have to rewire your brain a bit," he said. You have to ask yourself, "What trends do I understand to be true?" And "If I extrapolate that trend to its logical conclusion, what does the world look like?" That's what Dennis did. And that's how he found Google. And later, Dropbox. He said Google was tiny when he first joined. "What year?" "2003" There were only a thousand employees. "When I joined Google everybody thought I was crazy because it was a little tiny company," he said, "but I felt one of the most exciting things you can do with a career in Silicon Valley is to help grow a company. And be there early... There's a lot of uncertainty. And competition is really hard. You have to figure everything out. That's the hardest part, but the most rewarding." Dennis is now the COO of DropBox. How did he go from lost lawyer to a leader in Silicon Valley? I wanted to know. "Ultimately, I realized I wasn't going to be a great lawyer," Dennis said. This is where his career path changed from one end of the spectrum to the other. He reinvented. He learned a whole new set of skills. And he adapted to an ever changing digital world. Most people are thinking about the next ten days, Dennis is thinking about the next ten years. He saw DropBox as a pioneer. And is vision paid off. DropBox is one of the fastest growing companies maybe ever. And there are billions of people who are signing up every month. I wanted to learn how to cultivate that same skill. The one that lets you have a vision. And believe in it. Make sure to read the full show notes here: https://jamesaltucher.com/2017/12/dennis-woodside/ And don't forget to subscribe to "The James Altucher Show" on Apple Podcast or wherever you get your podcasts! ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsiHeart RadioSpotifyFollow me on social media:YouTubeTwitterFacebookLinkedIn See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.