The birth of my daughter made me realize I needed to do something else than work 80 hour weeks for a consulting company. Entrepreneurship seemed like the obvious choice. I wanted the freedom to take the time I wanted to spend with my kids.
The Pareto Principle is talked a lot about. But I haven't seen it implemented very well, because people are afraid to let go... of a particular customer, an employee, or a process. It could make your life and your company a lot better.
More focus on Sales! I was too much of a product guy most of the time and when I switched on the Sales side everything became a lot easier.
Ask yourself if you could have "both." A lot of times we're confronted to do “this or that.” And, usually, if that's the question, then you decide for one of them without even thinking if both would have been possible. When I started asking myself if I could have both, in many cases I found solutions that would indeed give me both. This allowed me to see things differently.
"Move fast and break things" is probably the best summary. I would rather do five things, test them out, and learn something than to do extensive research before even taking the first step.
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Your own time and energy is the most precious resource you have. Use it wisely, and learn what gives you energy, and what saps you. In the early years of building something, you need to throw a huge amount of time at it - and do many things you perhaps don’t like doing. But as you scale, it’s vital to take a step back and build a business that can grow rapidly beyond the time you put into it.
It may sound simple, but realizing and truly understanding that we are all different and driven by different things has made a significant impact on me. This insight has changed the way I approach relationships and leadership.
One of our core values at Cozero is radical candor. It is the idea that the willingness to repeatedly enter uncomfortable situations to speak the truth benefits everyone in the long run. We believe that in order to grow and improve as an organization, we need to create an environment where our team is not afraid to challenge processes and decisions. Making this a core value guides us in difficult situations when it’s not clear which road to take.
I'm happy I chose a highly regulated market, even though it was tough. It taught me a lot about patience, attention to detail, and the importance of doing things right. These lessons have made me better at what I do.