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How Leaders Lead with David Novak

3 More Questions (Nat Turner) with David Novak and Koula Callahan

How Leaders Lead with David Novak

David Novak Leadership

Entrepreneurship, Business, Management

4.8596 Ratings

🗓️ 29 May 2023

⏱️ 14 minutes

🧾️ Download transcript

Summary

On this episode of 3 More Questions, you'll hear David Novak's answers to: Do you have any advice for leaders about how to select a business partner? How can leaders overcome the fear of getting started and just do it? Is there a time in your career where you’ve had "strong opinions loosely held" ... or maybe where you've done that poorly? (SPOILER ALERT: he's done it poorly at times and shares those incredible stories) ... BONUS RESOURCE: To gain confidence as a leader, you need a plan for tackling common leadership challenges. My new online course "Taking People With You" will give you practical ways you can resolve issues and keep your team moving forward toward your biggest goals. Get free access here — https://howleaderslead.com/courses/

Transcript

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0:00.0

Welcome to How Leaders Lead. I'm Kula Callahan, here to bring you another edition of three more

0:08.7

questions with David Novak. David, it's so good to be with you again. How are you today?

0:13.0

I'm doing great, Kula, and I'm looking forward to having our conversation as I always do.

0:17.7

I am too, because we're talking about your conversation with Nat Turner, who's the CEO of

0:22.6

collectors.

0:23.4

And if you haven't listened to the episode, I will do you a favor and give you a trigger

0:28.7

warning if snakes are not your thing.

0:31.1

Because the episode starts out with a hilarious story about Nat raising snakes and trying

0:37.3

to ship them. It's really funny, but if you get

0:39.9

freaked out by the snake and rodent situation, then maybe just skip over the first 90 seconds of

0:46.1

the episode. But this is a fascinating conversation, David. Raising snakes is a business,

0:52.1

okay? And this is a business that he got into it at a very young

0:55.5

age and was very, very successful at it. You do have to listen to because it is a funny story.

1:00.7

There's some major learnings from it. He may or may not have been banned from utilizing FedEx.

1:07.7

So I'll just leave that little cliffhanger with you. And with that, we'll die right in to

1:12.9

today's questions. Question number one, Nat sold his first company for $80 million at age

1:25.0

24. And he credits a lot of that success to his business partner who he

1:29.8

met during his freshman year of college, Zach. This obviously worked out well because Nat and

1:35.3

Zach are still doing business together and have had a number of successful businesses. But I've

1:41.1

heard a lot of stories about business partners who don't work out and how that

1:45.8

relationship sometimes goes sour. David, do you have any advice for leaders about how to

1:51.6

select the right business partner? Well, I think a lot of it is real common sense, but, you know,

...

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