The Examined Life

How do you create leverage as an entrepreneur? [Bart Egnal]

14 snips
Jan 30, 2025
In this insightful discussion, Bart Egnal, a serial entrepreneur and CEO of The Humphrey Group, shares his journey from childhood sales to leading successful businesses. He discusses the traps of scaling service-based industries, highlighting the balance between revenue growth and profitability. Bart emphasizes the importance of effective communication skills for leaders and the necessity of sustainable business models. He reflects on personal fulfillment in entrepreneurship and the evolving coaching landscape, urging aspiring leaders to adapt and maintain their unique styles.
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ANECDOTE

Bart's Early Career

  • Bart Egnal's mother founded The Humphrey Group.
  • He joined the company after graduating university, interviewing CEOs for speechwriting.
INSIGHT

Pressure to Scale

  • Many entrepreneurs feel pressured to scale, even if they love their work.
  • They worry about financial insecurity and lack of equity value if they stop working.
ADVICE

Why Scale?

  • Before scaling, understand your motivations.
  • Ask yourself why you want to scale, not just how.
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