- Positivity breeds success: Create a positive culture that is driven by success and always have a good time.
- Focus on the wins and don’t waste time on the losses: Figure out how to win and then multiply the wins. Learn from your losses or mistakes but do not waste too much time on them.
- Candor: Be brutally honest and up-front with yourself, your partners, and your employees. We made candor a huge part of our culture. If you sugarcoat anything it’s just a waste of time and hampering the chance of success. Former General Electric CEO Jack Welch described candor perfectly in his book “Winning.”
- Be smart and sacrifice: Be smart with your time, efficient, and still work longer than the competition…way longer. (SACRIFICE SLEEP FOR SUCCESS!)
- Hire the best talent: We realized early that we needed the best talent possible to grow and we did whatever it took in order to recruit top talent. It’s not scalable trying to do it by yourself. You need support to grow, so get the best talent possible to support your growth.
- Focus on our people: Train as much as possible, invest in developing talented people, and give them all the tools possible to succeed. Just finding top notch people is only the first step, you still have to invest time, money, and resources in the talent you find.
- Build your brand – Professionally and Personally: People should WANT to work with you, for you, or just be associated with you.
- Be aware of Risk Versus Reward: Make sure your business model matches your risk tolerance.We constantly took more risks than everybody else, but it was calculated risk and we made sure we hit our numbers consistently.
For the most part, I agree with these strategies. However, I think I would change a few of them slightly. For instance, on number 3, I would add it's important to be honest, but to also be kind. Referring back to Bambi, "if you don't have anything nice to say, don't say anything at all." If honestly comes with rudeness, it's not worth it. Burning bridges won't lead you to success. I also feel that #4 is a bit extreme. It's important to take care of yourself. If sleep is what you need, working harder and later isn't going to help. You can't be attentive if you're exhausted. Bosses don't want you falling asleep in the office.
I think success looks different to everyone. One person may want to climb to the top of the corporate ladder and be a CEO of a company, while another might want to simply have enough money to travel with someone they love. In my opinion, in order to succeed in life, one must do the following:
1. Be kind, but not let others walk over you
2. Seek out people and opportunities that make you happy
3. Travel, read, and seek new ideas and experiences to broaden your horizons
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