How to develop an entrepreneurial mindset that empowers people to drive growth
- E325
- 50:20
- February 1st 2023
When Ken Burke sold his company for a ten-digit exit, he thought he'd be enjoying the beach, but instead, he became a serial entrepreneur and re-empowered himself as a leader to build a new software company from nothing, facing the central conflict of his own culture vs the culture of his investors.
Ken Burke is the founder and CEO of the Entrepreneur Now Network and author of "Intelligent Selling: The Art and Science of Selling Online" and "Prosper: Five Steps to Thriving in Business and Life". He is an ecommerce pioneer and mentor who sold his enterprise-class ecommerce software platform, Market Live, to Vista Equity Partners in 2016 in a successful ten-figure exit.
Ken Burke learned about how to develop an entrepreneurial mindset and culture that drives growth through his own journey of being an entrepreneur and leading his own tech company. He emphasizes the importance of culture by emphasizing that it goes beyond employees and extends to customers and even the board- to have a "no BS" attitude and allow the executive team to lead. He also stresses the value of investing in people, encouraging positive behavior, and creating an educational e-learning platform to foster customer loyalty.
"You don't need to be the smartest brain in the room. You don't need to be the one talking all the time."
In this episode, you will learn the following:
- What is an entrepreneurial mindset
- How Ken Burke turned a ten-digit exit into a strategic acquisition?
- What was the advice that Ken Burke received from Sequoia Capital that changed his leadership style?
- What strategies did Ken use to foster a culture of customer loyalty and engagement?
- The role of financial awareness and education in developing an entrepreneurial mindset
- The best ways to deal with people-related issues that leaders in business need to face
- Ken's tips on raising funds that serve to scale your business
- and much much more ...
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