E187 - Brent Hoberman, lastminute.com founder: the hard truths of entrepreneurship

The High Performance Podcast

High Performance

Sports, Self-improvement, Mindset, Growth Mindset, Health & Fitness, Non-negotiables, Education, Life Lessons, High Performance

4.8 • 4.7K Ratings

🗓️ 10 April 2023

⏱️ 75 minutes

🔗️ Recording | iTunes | RSS

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Summary

Brent Hoberman is an entrepreneur and investor. He co-founded lastminute.com and made.com, both of which went on to be valued at $1 billion dollars. Being born in South Africa, from a Jewish family and moving to England to attend boarding school, Brent identifies being an immigrant and an outsider as a driving force in his work. He shares with Jake and Damian how he used his misfit status to create his own path, and now actively looks for outsiders and mavericks to work alongside him.

They discuss how to build credibility as an entrepreneur and why this is so important. Brent doesn’t believe that anyone can be an entrepreneur, he reveals the traits and skills he looks for in young employees. After over 20 years of managing people and founding businesses, Brent shares the secret to finding the right employees, how to create and maintain a dynamic culture and how to find the benefit in controversy.

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Transcript

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0:00.0	Hi there, I'm Jack Cumpfrey and this is High Performance. This is the podcast that
0:06.8	reminds you it's within your ambition, your purpose, your story are all there.
0:10.9	We just unlock it by turning the lived experiences of the planet's highest
0:14.9	performance into your life lessons. So right now please allow myself and
0:19.2	Professor Damian Hughes to speak to one of the most impressive and successful
0:23.8	entrepreneurs on the planet so that he can be your teacher. Listen if you are
0:27.7	an entrepreneur if you're a business person, if you're a CEO, if you're an
0:30.8	employee or an employer, but you want to hear a really honest,
0:35.7	serious, in-depth conversation about life in business, about life as an
0:40.4	entrepreneur, about how you can go and do it yourself, then this is the
0:43.8	episode for you. Today, this awaits you.
0:49.0	The obsessiveness you need to succeed is not for everyone.
0:53.2	The best entrepreneurs I'm sorry in this day of work life balance,
0:57.2	they don't have work life balance. Work is their life and they love it.
1:02.8	We were very much of the opinion that the way we were going to put everyone
1:06.4	else off was make ourselves out a little bit of bluff to be much bigger and more
1:11.2	successful than we were already. So we would say that we're not just going to
1:14.5	save to people. Here's a good idea. We're going to put our flag in the ground and say
1:18.6	here's a good idea and do not try and stop us because we're going to conquer it.
1:22.3	We've got everything going for us. You know, we've got a steam roller, money and
1:26.0	people and talent and everything. Years before we did.
1:29.9	We price it after a shortened road show by an increase during that 10-day period,
	...

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