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Ep.30: Learning from Mistakes and Using Them as Tools for Improvement with Andrew Goggin, CEO of Frontier Building
Manage episode 436481151 series 3565232
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Andrew Goggin, CEO of Frontier Building, shares his journey from starting as a superintendent to becoming the CEO and co-owner of the company. He emphasizes the importance of focusing on solving customer problems and delivering exceptional service rather than chasing revenue. Andrew also discusses the value of aligning with the right partners and leveraging their unique skill sets to drive business growth. He highlights the need for long-term thinking and building a strong foundation for sustainable success. Andrew's story showcases the power of entrepreneurship within an existing business and the benefits of collaboration and mentorship. In this conversation, Andrew M Goggin and Sparking Success discuss the importance of learning from mistakes and using them as tools for improvement. They emphasize the value of humility and the need to be open to feedback and advice from mentors and partners. They also discuss the misconception that bigger is always better in business and highlight the importance of focusing on profitability rather than just revenue. Additionally, they touch on the topic of work-life balance and the benefits of travel in expanding one's perspective and inspiring creativity.
Takeaways
Focus on solving customer problems and delivering exceptional service rather than chasing revenue.
Align with the right partners and leverage their unique skill sets to drive business growth.
Think long-term and build a strong foundation for sustainable success.
Entrepreneurship can thrive within an existing business, providing opportunities for growth and collaboration.
Mentorship and guidance from experienced individuals can be invaluable in navigating challenges and achieving success. Learn from your mistakes and use them as tools for improvement.
Be humble and open to feedback and advice from mentors and partners.
Focus on profitability rather than just revenue.
Strive for work-life balance and create a business that doesn't rely solely on you.
Travel can expand your perspective and inspire creativity.
Chapters
00:00 Introduction and Catching Up
04:03 Andrew's Background and Role at Frontier Building
08:18 Andrew's Journey from Superintendent to CEO
13:44 Scaling Too Fast and Course Correction
17:19 Solving Customer Problems and Organic Growth
21:45 Entrepreneurship Within an Existing Business
25:08 Building for the Long Term and Valuing Partnerships
28:14 The Importance of Mentorship and Learning from Challenges
33:17 Profitability vs. Revenue: The Misconception of Bigger is Better
45:49 Striving for Work-Life Balance and Building a Sustainable Business
51:27 The Benefits of Travel in Expanding Perspective and Inspiring Creativity
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