From Startup to Acquisition: How to Scale Your Business Without Losing Your Soul
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Join Andrew Berberick - From Startup to Acquisition: How to Scale Your Business Without Losing Your Soul
Discover the keys to scaling a business successfully with Andrew Berberick, CTO of Ryder Systems Inc and co-founder of Baton, in this captivating episode of the "Genius at Scale" podcast hosted by John Hittler. As a C-suite professional looking to take your business to new heights, this interview is a goldmine of wisdom and actionable insights.
In this conversation, Andrew shares his remarkable journey from a venture-backed startup facing sustainability challenges to a thriving software solutions provider. He reveals the critical moment during the pandemic when Baton recognized the need for change and pivoted their business model, demonstrating the importance of adaptability in today's ever-evolving markets.
Drawing parallels between his experience as a miler in track and field and his entrepreneurial journey, Andrew discusses the art of "running your own race." You'll gain valuable insights into the balance between calculated risk-taking and maintaining downside protection, debunking the myth that successful entrepreneurs are recklessly risky.
Listen in as Andrew highlights unteachable talents essential for scaling a business, such as relentlessness, the ability to connect with people, and the power of introspection. These talents, he argues, can be harnessed to drive growth and innovation.
Moreover, Andrew's openness to feedback and his journey from hypervigilance to emotional intelligence provide valuable lessons in leadership and self-improvement. Discover how his experiences in seventh and eighth grade shaped his independent thinking, a trait crucial for navigating the entrepreneurial landscape.
If you're a C-suite professional eager to unlock the secrets of scaling a business, this episode offers a wealth of actionable advice and real-world insights. Join John Hittler and Andrew Berberick as they explore the entrepreneurial mindset and the journey to success on the "Genius at Scale" podcast. Don't miss this opportunity to gain a competitive edge in your pursuit of business excellence. Listen now!
Happy Listening!
More content from Andrew:
Andrews CTO of https://www.ryder.com/ and co-founder of https://www.baton.io/
LinkedIn https://www.linkedin.com/in/andrewberberick/
Instagram https://www.instagram.com/aberberick/
Here’s a glance at this episode…
In this insightful interview, Andrew Berberick, CTO of Ryder and co-founder of Baton, shares his experiences and lessons learned in scaling a business. With a background as a runner and a natural inclination to take calculated risks, Andrew discusses various aspects of entrepreneurship, leadership, and growth in the context of his journey.
00:00:00 - Recognizing the Need for Change: Andrew discusses a pivotal moment during the pandemic when Baton, a venture-backed startup, faced challenges due to unsustainable unit economics. He emphasizes the importance of recognizing market changes and adapting quickly.
00:06:32 - Business Model Evolution: The interview delves into Baton’s shift from a business focused on offering free services to one that provides software solutions. This transformation illustrates the necessity of understanding industry dynamics and ensuring profitability.
00:13:40 - Running Your Own Race: Drawing parallels between his experience as a miler in track and field and entrepreneurship, Andrew highlights the importance of running your own race in the business world. He emphasizes the need to avoid blindly following competitors and to respect your industry's realities.
00:22:16 - Balancing Risk-Taking: Andrew's risk profile is rooted in taking calculated bets while maintaining downside protection. He shares insights into the misconception that successful entrepreneurs are recklessly risky, emphasizing the value of calculated decision-making.
00:32:30 - Unteachable Talents: Andrew discusses the importance of recognizing and leveraging unteachable talents, such as relentlessness, the ability to connect with people, and introspection. These talents can play a crucial role in scaling a company effectively.
00:34:12 - Embracing Feedback: Andrew's openness to soliciting and acting on critical feedback is highlighted as a key trait. This approach enables continuous improvement and the ability to address weaknesses in both oneself and the company.
00:35:43 - Hypervigilance as an Asset: Despite facing complex post-traumatic stress disorder (CPTSD), Andrew turned hypervigilance into a valuable asset. His ability to perceive subtle emotional cues in others became an adaptive trait in leadership and decision-making.
00:36:07 - Resisting Group Think: Andrew's inclination toward solitude and independence during his school years fostered an ability to avoid group thinking. This trait has proven valuable in entrepreneurship, where independent thinking can lead to innovative solutions.
The interview with Andrew Berberick offers valuable insights into entrepreneurship, leadership, and growth. It underscores the importance of adaptability, calculated risk-taking, and leveraging unteachable talents for success in scaling a business.
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