In this episode of the 5 Leadership Questions podcast Todd Adkins, Barnabas Piper, and Kevin Spratt discuss the unique challenges and benefits of leading a start-up. They explore the following questions.
- What are myths people believe about leading a start up?
- What are the advantages in leading in a start-up situation?
- What kind of team members should a start-up leader look to hire and how do they differ from those in a more established venture?
- What are the unique challenges or pitfalls one encounters when leading a start-up situation?
- What is the one most important lesson you have learned from your start-up efforts.
“Entrepreneurialism is sort of an idol in the workplace today.”
“Every over night success took a decade.”
“Your idea may not be the best or most original out there.”
“Even as an entrepreneur you still need to function by a pretty strict set of rules if you want to succeed.”
“It takes discipline, discipline, discipline to start something.”
“You have to build an infrastructure.”
“You are not saddled with the debt or baggage of an existing business.”
“There is freedom of ideas in an entrepreneurial venture.”
“There are very few policies to squash you.”
“I’m a believer in hiring the person not the position.”
“People need passion and attitude. You can teach anyone a skill.”
“You’re limited by who in the room can do what.”
“If you have an unlimited budget you usually have limited creativity.”
“What people think they want is not always what they want.”
“Start small and focus on getting better.”
“Leverage your successes with the right kind of stories.”
“Your good idea may be awesome, but you have to communicate properly so people buy in and get it.”
Start with Why by Simon Sinek