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Startups & SaaS
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Focus on: purpose, self-knowledge, deep industry expertise and the right team.
How to Identify the Best Entrepreneur
The best leader is someone with clear values and beliefs—someone who wakes up every day driven by purpose, aiming to transform something that has been a significant pain or concern in their own life. When you find someone deeply connected to what they are doing, you see genuine conviction. Why are you doing this? If you can answer that question with authenticity, you've found someone with a hyper-focus on making a real difference.
- Values, Beliefs, and Purpose: A great leader embodies strong values and a clear purpose. They create a culture, even if they don't yet have a team. They stand as cultural leaders, advocating for how people should grow and progress.
- The Types of Leaders to Avoid: Personally, I avoid leaders who are solely focused on financial gain. I've turned down funding and investment opportunities with leaders whose only concern is money, as this mindset lacks the depth and vision required to drive meaningful progress.
- What is the first question you ask an entrepreneur?
- Tell me your story.
- What is the purpose behind what you’re doing?
- Why did you leave a big company to start your own business? Was it just for the money, or is there something more behind it?
- What motivates you to get up every day and build this project? Money or purpose?
Important Habits for Leaders
Mastermind (meeting of brilliant minds):
- A group of capitalists who came together to create an environment conducive to entrepreneurship.
- Understanding how the wealthiest people behaved.
- Tom Scott, mentor from the 1800s.
- The union of minds was a key ingredient in success (Henry Ford).
- Everyone involved was rewarded by the mastermind.
- PayPal Mafia – joined forces.
- Henry Ford only overcame his low self-esteem thanks to the mastermind.
Entrepreneurial leaders are different from other leaders. They’re the people creating the future, the people so determined to get things done that they make magic. They are the change makers.