What does it take to be an entrepreneur or a ‘successful’ one?
In this episode, we unpack the entrepreneurial journey, including the definition of success, cofounder dynamics, ‘sales’ as a critical skill, and the power of love, kindness and having a clear vision.
Our guest, Andrew Humphries is a serial entrepreneur with multiple exits, and has an extensive and distinguished career spanning corporate innovation, sales, marketing, and venture building, significantly shaping the tech ecosystem.
He is the co-founder of The Bakery, recently acquired by Staged Ventures, where he ran corporate innovation programs and facilitated thousands of partnerships across 20 countries between corporates and startups.
We talk about his entrepreneurial journey – which is nothing short of inspiring – his insights on resilience, defining success, and creating and enjoying a meaningful life while navigating personal and business challenges.
Our conversation spans across various aspects of entrepreneurship, including the significance of vision, resilience, the evolution of startups, corporate innovation, and the personal challenges and transformations Andrew faced.
Andrew's diverse experiences, from performing in a rock band to aspirations of becoming a beach bum, reflect on the multifaceted nature of entrepreneurs. The discussion also touches upon the mental and emotional aspects of founding and running businesses, the importance of sales skills, and nurturing teams within startups.
This episode offers valuable insights into the entrepreneurial mindset, the critical role of human energy in business success, and the importance of kindness and meaningful relationships in the entrepreneurial journey.
00:43 The Beyond42 Podcast Intro & Funky Music
01:18 Meet Andrew Humphries: A Serial Entrepreneur's Journey
02:36 The Essence of Entrepreneurship and Success
06:09 The Inception and Impact of The Bakery
18:27 Building and Scaling a Global Entrepreneurial Ecosystem
22:18 The Importance of Love and Partnership in Entrepreneurship
32:01 Redefining Success: A Personal Journey
33:41 The Impact of Personal Tragedy on Life's Priorities
35:17 Confronting Mortality and Redefining Goals
36:26 The Essence of Entrepreneurial Success
36:40 Navigating Challenges and the Power of Resilience
39:16 The Stress and Triumphs of Running a Business During COVID
44:28 Stepping Back: A New Chapter in Leadership
48:28 Building a Team: Early Stages vs. Growth
51:49 Entrepreneurship: A Mindset, Not Just a Career
55:15 Leadership Skills and the Importance of Kindness
57:58 Reflecting on the Entrepreneurial Journey
01:02:28 Final Thoughts and Looking Ahead
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