In this episode, Jeannette speaks to Steve Endacott, serial entrepreneur, director, chairman and founder of multiple travel, leisure, tech, and financial services businesses. Steve is unsurprisingly seen as a thought leader and, in the past year alone, has founded three new businesses and is involved with managing several others.

 

After quickly outlining his varied career, including why at the age of 25 he said no to a huge opportunity and went traveling instead, Steve explains how he has managed to work at a senior level in several firms while founding and successfully running his own businesses. He shares details of how he manages his work-life balance, repeatedly building successful teams and handling wrapping up or selling a business.

 

 

KEY TAKEAWAYS

 

• Travel makes you grow up quickly and turns you into a well-rounded person.
• Working in an environment that suits you enables you to flourish and achieve.
• Going bust teaches you a huge amount.
• When a business is in trouble, there sometimes comes a point where it is better to give up rather than carry on - fail fast, move on.
• The more people you have working for you the more emotionally engaged you are and the harder it is to give up and let a floundering business fold.
• There is no point in earning lots of money only to take it to the grave - make time to enjoy the rewards.
• Don´t forget about your partner at home, it is easy to get too wrapped up in work.
• Think about the people around you and treat them fairly.
• Keep a note of the ideas you have, so when you have time you always have something new to launch.
• Share the profits with the people who run the business and gradually step away. When it is time to sell it will be much easier to find a buyer.
• Build a team that includes skills you don´t have and sees things differently.

 

BEST MOMENTS

‘Traveling made me a much more rounded, much more competent person.’

‘The best thing that´s ever happened to me was failure. ´

‘Work is one thing, but you´ve got to enjoy the rewards.’

 

VALUABLE RESOURCES

Brave, Bold, Brilliant podcast series

 

ABOUT THE GUEST

Steve Endacott has the unusual distinction of having extensive experience within both the corporate and entrepreneurial environments.

Steve is now “Semi-Retired” having sold Holiday Taxis Ltd one of the business he co-founded during his Entrepreneurial career for £60.5m in January 2019. He however continues to invest in startup business and has recently launched new business to exploit the changing marketplace created by Covid-19. These include

Rebound Consulting to exploit “Phoenix” opportunities in the travel sector

Funky Face Mask, with 400k sales in 7 months of B2B facemasks.

Canny Finance. FinTech marketing play using the “Travel Data lake” of customers travelling on holiday to promote a new foreign exchange master card offering 3% cash back

Endacott is experienced, in moving from business idea, to prototype build, recruitment of management teams and raising funds to drive start up business forward.

Steve also continues to Chair a number of substantial travel business such as Teletext Holidays and Rock Insurance.

However, Steve has built his present entrepreneurial business activities by pulling on 15 years of experience leading traditional package tour operators. Steve’s corporate career involved high profile directorships in some of the UK’s largest tour operating groups spanning financial controller of International Leisure Group to Deputy Chief Operating Officer of MYTravel Plc  and included directorship over finance, yield management, marketing, contracting, overseas operations, sales and retail operations.

 

GUEST RESOURCES

LinkedIn

 

ABOUT THE HOST

Jeannette Linfoot is a highly regarded senior executive, property investor, board advisor, and business mentor with over 25 years of global professional business experience across the travel, leisure, hospitality, and property sectors. Having bought, ran, and sold businesses all over the world, Jeannette now has a portfolio of her own businesses and also advises and mentors other business leaders to drive forward their strategies as well as their own personal development.

 

Jeannette is a down-to-earth leader, a passionate champion for diversity & inclusion, and a huge advocate of nurturing talent so every person can unleash their full potential and live their dreams. 

 

CONTACT METHOD

https://www.jeannettelinfootassociates.com/

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PODCAST DESCRIPTION

 

Jeannette Linfoot talks to incredible people about their experiences of being Brave, Bold & Brilliant, which have allowed them to unleash their full potential in business, their careers, and life in general. From the boardroom tables of ‘big’ international business to the dining room tables of entrepreneurial start-ups, how to overcome challenges, embrace opportunities and take risks, whilst staying ‘true’ to yourself is the order of the day.

Travel, Bold, Brilliant, business, growth, scale, marketing, investment, investing, entrepreneurship, coach, consultant, mindset, six figures, seven figures, travel, industry, ROI, B2B, inspirational: https://linktr.ee/JLinfoot