May 13, 2024

Journey into Startup Space: Lessons from Selling and Adapting | Steve Grace

56 minutes

Summary

Steve Grace shares his journey into the startup space, influenced by his father's entrepreneurial spirit. He discusses the challenges and lessons learned from selling his first business and emphasises the importance of being involved in all aspects of your business, even if you outsource certain tasks. Steve also talks about the changing nature of work-life balance and the need to adapt routines as life circumstances change. He shares his daily routine, which includes exercise, work, and family time. In this conversation, Steve Grace shares insights and advice based on his experience as a startup founder and recruitment industry expert.

He discusses his weekly routine, the importance of content-driven growth, and the challenges faced by women in startup leadership roles. Steve also talks about the significance of company culture and the need for founders to keep going and overcome doubts. He concludes by sharing his definition of success and his upcoming challenge of cycling across the Simpson Desert.

Takeaways

Entrepreneurship can be influenced by family background and early experiences with running businesses.

Selling a business can be a challenging process, and it's important to be involved and informed throughout the negotiation and due diligence stages.

Maintaining work-life balance requires adapting routines as life circumstances change.

Being involved in all aspects of your business, even if you outsource certain tasks, is crucial for success.

Having a daily routine that includes exercise, work, and family time can contribute to physical and mental well-being. Maintaining a consistent routine and work-life balance is important for startup founders.

Content-driven growth can be a sustainable and cost-effective way to generate sales.

The recruitment industry is working towards addressing the low representation of women in leadership roles.

Company culture should be regularly assessed and guided to ensure it aligns with the desired values and goals.

Success is defined by enjoying the journey, consistently performing at a high level, and pushing oneself out of the comfort zone.

Founders should persevere through the ups and downs of the startup journey and be open to new opportunities.

Physical challenges can help build confidence and overcome mental challenges.

Cycling across the Simpson Desert is a unique and extreme challenge that Steve is planning to undertake.

LINKS

Steve's LinkedIn https://www.linkedin.com/in/stevegrace/

The Nudge Group: https://thenudgegroup.com/tng-media/

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Website: www.failwisdom.com

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