10 insights to grow your business and get your life back | jeff hoffman

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This presentation consists of highlights from the interview with Moe Abdou,

founder & host of 33voices®.

Jeff Hoffman is a successful entrepreneur and motivational speaker. In his career, he has been the founder of multiple startups, he has been the CEO of both public and private companies, and he has

served as a senior executive in many capacities. Jeff has been part of a number of well-known companies, including Priceline.com. uBid.

com, CTI, ColorJar, and more.

Jeff Hoffman@speakerjeff

Co-Founder at ColorJar

Intellectual curiosity is the first and last passion of an accomplished entrepreneur, for she never stops questioning ‘what is.’

Insight #1

Insight #2

While constantly questioning the status quo is likely to create uncertainty inside an

organization, it’s also the catalyst to building the critical skill entrepreneurs need: agility.

Insight #3

When an entrepreneur encounters a problem, he’s likely to ask these three questions:

Does this bother anyone else?Is there a solution to this problem that I don’t know about?

Is it worth it for me to be the person to try to solve this problem?

Insight #4

An astute founder understands that leadership is an inverted pyramid and he’s at the bottom of it. His highest goal is to:

Identify and empower the brightest talentBuild empathy by listening to the voice of the customer

Insight #5

It’s the entrepreneur who strategically works herself out of a job from day one who’s

most likely to build something enduring.

Insight #6

The anti-scale mindset is believing that no one can do your job better than you.

Get comfortable with letting go and trusting others to do their best work.

Insight #7

Follow these 7 principles and you’ll improve the odds of building a scalable business:

Insight #7

Follow these 7 principles and you’ll improve the odds of building a scalable business:

Build and business, not a job.

Insight #7

Follow these 7 principles and you’ll improve the odds of building a scalable business:

Build a scalable base of systems, teams and internal controls

Insight #7

Follow these 7 principles and you’ll improve the odds of building a scalable business:

Understand why your customers do business with you

Insight #7

Follow these 7 principles and you’ll improve the odds of building a scalable business:

Create the right strategic plan and adapt

Insight #7

Follow these 7 principles and you’ll improve the odds of building a scalable business:

Learn to read the world, so you build for tomorrow’s marketplace

Insight #7

Follow these 7 principles and you’ll improve the odds of building a scalable business:

Remove the predictable obstacles to growth, in sales and marketing, Operations, Finance,

Talent and Executive leadership

Insight #7

Follow these 7 principles and you’ll improve the odds of building a scalable business:

Prioritize, Prioritize and Prioritize

Insight #8

Want to ignite your sense of wonder? Try info-sponging; make time each day to

leave your company and industry to observe how unrelated industries do what they do.

Insight #9

Making money is not bad as long as you’re doing something bigger than yourself. Find your golden purpose and win a

gold medal in one thing.

Insight #10

In the end, entrepreneurship isn’t about how much money you made; it’s about how many

people’s lives you made better along the way.

What can you do today that you weren’t able to do yesterday?

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