You can’t get away from big mistakes in business, but what you can do is turn those mistakes into big success! In this week’s episode, Reg Zeller (the founder of the holding company CaneKast) talks about the importance of learning to roll with the punches and look at your mistakes (and the mistakes of your team members) as opportunities for learning. 

About Reg Zeller:

After climbing the corporate ladder for many years (and experiencing a lot of stress and unhappiness as a result), Reg Zeller took the leap and became an entrepreneur. Five years after buying his first foundry, he has done six acquisitions and is on track to do another 15 to 20 over the next five years and to settle out at $100 million in sales!

Episode Highlights:

• Make sure your business is sustainable in the long term by putting the right people in place. You won’t be around forever, but if you build a strong team, your business could be! (11:55)
• It’s inevitable that you will make mistakes along your journey, and if you give your team members autonomy (which you should), then they will too. The way to move forward is to treat all mistakes as learning opportunities. (14:56)
• To be a successful entrepreneur, learn to roll with the punches! No entrepreneurial journey is going to be smooth all the time, and you have to be willing to take the hard times in your stride. (18:32)
• Take the time to check out from your business and clear your head as often as you can. This will allow you to respond to issues more objectively and effectively. (37:04)

Reg’s best advice for entrepreneurs:

“You have to learn to be okay with getting punched in the face and then turning around the next day and smiling and coming back the next day.” (34:16) 

Connect with Reg

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• Twitter
• Website

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