Episode highlights
- In the beginning, as an entrepreneur, you are the core of the organization. As your business grows, you need to be open to growing your team and getting help. And one day you will realize that you have amazing people who drive your business. [05:55]
- The hardest decisions in business are always about money and people. You should make the decisions that are best for the organization. If you cannot do that, it will be tough to be a leader from the very beginning. Clear understanding and clear expectations can help you to set the exact direction for your company and its team. [10:46]
- 20 % of your time equals 80% of your result. You cannot spend your time on all people equally. Instead, you have to focus on those who add more value, who can give you the biggest return. [18:46]
- The truth is some people will love or hate your business just because of their personal preferences. It does not have to do anything with the quality of your work. As an entrepreneur, you still should build the business according to your standards, be yourself, and focus on people who share your philosophy. [60:27]
Adam Hergenrother’s best advice for entrepreneurs
“You’ve got to be willing to be authentic. Give yourself permission to be you. There will always be people who love or hate you. You should not let other people’s flavors rule your own path in life and business with your standards and your culture.”
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