What Should the Grey Haired Bloke on the Left Tell His 10 Year Younger Self?
7th August 2020
Next week will be ten years since I first opened the doors of our recruiting firm. I’ve loved the ride and even in these times, we are doing well. It’s a journey I’d never want to change.
Here a few things I’d share with that young man as he embarks on his entrepreneurial journey
– Your greatest success will come from your biggest failures. Resilience is your biggest asset.
– Take the time to enjoy your success, don’t try and do it all at once.
– Avoid the shiny object syndrome, (entrepreneurs; stick to what you know and do that really well) Be the expert in your sector, go inch wide, mile deep.
– Say no to clients, they will respect you for it (it’s quite liberating).
– Don’t be seduced by the good times and prepare for the bad – financial crises, oil price crashes, riots and global pandemics will happen and all are out of your control!
– Hire slower, fire faster.
– Be a mentor to your staff, that is how you best serve them. Do not try and be everyone’s friend; they don’t need (or want) you as a friend (most already have plenty).
– Revenue (and headcount) is vanity, profit is sanity and cash is reality.
– Hire people better than you. There are lots of them (and you’re allowed to say that).