Each Thursday in September, we’ll be featuring an EO member who’s shared their experiences establishing innovative products or mindsets. This week, we tip our hat to Chad Hughes, EO Calgary member and President and CEO of LandSolutions LP. His article, “The Readiness Factor,” will be featured in the upcoming September 2015 issue of Octane. Chad asks readers if they’re truly ready for growth and the next stages in their business venture.
By Freddy Sanabria, an EO Colombia member
As a plastic surgeon, I deal with unexpected complications on a daily basis. It’s the nature of the job, not to mention a big part of being an entrepreneur. To excel in business, you have to learn how to overcome challenges and gather as many lessons learned as possible along the way. Last year, I was faced with a dilemma that really put me to the test. The crisis occurred when we learned that we had to change breast implants in more than 600 patients due to an unexpected product recall from French authorities. As you can imagine, this presented a major obstacle: Not only did we have to unexpectedly operate on hundreds of patients, but we had to ensure that every operation went smoothly, all while sticking to a strict time frame. The pressure was on.
By Carson Conant, an EO Chicago member, and CEO/founder of Mediafly, Inc.
There are a lot of analogies when it comes to entrepreneurship. For me, starting a business was like sailing across a vast ocean on a little boat in search of new land and opportunities … with my spouse and kids by my side. There are storms, days without wind and times when it’s smooth sailing, but it’s always fun because I’m at the helm. For those who are along for the ride, however, it can be both scary and exhausting— and it shouldn’t be. They should be having as much fun as I am.
By Leslie Rugaber, an EO Seattle member and CEO of Worktank
I recently decided to take off my corporate business suit and put on a pair of Birkenstocks. I’m drawing the line at the patchouli, though. It was time for me to get back to the basics of my business. I run a virtual events production company that’s committed to quality story-telling through online video. Every day, we work hard telling our client’s stories, but it wasn’t until I started thinking about our own story and how it drives our staff that I had a revelation.
By Jamie Douraghy, an EO Los Angeles member and founder of Artisan Creative
When I was 17, I joined the fencing club at my English boarding school, and was introduced to what would become a never-ending source of motivation, pressure, excitement and strategic mental training. Thirty-seven years later, I’m still physically and mentally sharp thanks to the life lessons I’ve learned from this rewarding sport.
By Noah Rosenfarb, EO South Florida member
As an entrepreneur, I’m constantly looking for ways to increase my personal productivity and bring that knowledge to my clients and friends. In my work enhancing the productivity of CEOs, I’ve found the biggest gains can be achieved by implementing time management systems and calendar optimizations. However, for many people, using a few of the below technology tools can free up an hour or two a week without over committing to a structured regimen:
Categories: Best Practices
In all corners of the world, entrepreneurs are playing an integral role in the development of communities, economies and industries. And it all starts with engagement. For Rosemary Tan, a member of EO Malaysia and EO’s Global Chairman, the art of engaging has helped her find success and significance in business and beyond. In this featured interview, Rosemary shares the highs and lows of her entrepreneurial journey, the value of EO leadership and how through engagement, she continues to find new value in herself, her business and her life.
Your family has played—and continues to play—a major role in your life, encouraging you to get the most out of everything you do. How have they contributed to your success?
RT: I can honestly say that I would not be where I am today if it weren’t for my family. I am the oldest of six siblings, and am blessed to have everyone so close by; we stay in touch regularly and meet every Sunday for a three-generation dinner. My grandma taught me how to seize every opportunity and ‘taste’ everything in life at least once. My dad, who was a successful entrepreneur, taught me the value of hard work and that experience is the best MBA you can get. And my mom, who’s a paraplegic, taught me the power of perspective and to always lend a helping hand. I am truly blessed for the strong foundation my family has given me, as well as the many lessons they’ve provided over the years. My family inspires me to engage the world every day to see what it has in store.
It takes a lot of patience, determination and commitment to become an entrepreneur. It also takes a lot of heart. EO El Salvador’s Edwin Escobar knows that more than anyone, having recently set a Guinness World Record for the most country capitals traveled continuously on a motorcycle.
Doing something for others has always been a way of life for Edwin. Driven by a desire to give back to his community, he recently visited five Central American countries and their capital cities to generate awareness of children’s nutritional issues, a cause central to his charity, Love ’N Roll. Upon completing his record-setting journey, Octane caught up with Edwin to learn more about his adventure, the preparation involved and how EO helped realize his vision.
By Nicola Tyler, an EO South Africa-Johannesburg member and CEO of Business Results Group.
I’ve been in business for 15 years, and operated as an independent consultant for two years prior to that. I’ve not known a day in nearly two decades when I’ve woken up and known where my next dollar would come from. You can be up one day, and down the next. It keeps me on my toes, and I wouldn’t change it for the world.
Much of my work involves facilitating strategic conversations with large and medium-sized organizations; entrepreneurship frequently comes up as a theme. “We need to be more entrepreneurial!” executives exclaim. “People are not business-focused; we need more entrepreneurs in this business.”
I often challenge this view by saying that entrepreneurs are often not what corporations need— it’s what the world needs. Real entrepreneurs leave corporations to start their own businesses. An entrepreneur constrained by business policies and processes is a bit like caging a tiger— eventually you have to let it back into the wild.
By Tom Petryshen, an EO Vancouver member and founder of Amplify Services
Entrepreneurship is tough no matter how you spin it. Whether you’re just getting started or you’re a wily veteran, the entrepreneurial journey can be a rollercoaster ride. In many ways, entrepreneurship reminds me of wrestling, the sport I competed in for more than a decade.
Like wrestling, entrepreneurship can seem like an individual sport. Success, in many cases, depends on your drive to succeed and the ability to push forward when others are telling you to run for the exit. While most entrepreneurs don’t have someone on the other side trying to rip off their head, starting and operating a business can at times feel like the whole world is trying to keep you from getting to the next day. It’s a tough deal, but it’s worth it if you keep practicing.