Masters of Scale How setbacks create momentum w/ Robert Reffkin, Compass founder and CEO
Sep 14, 2021
Robert Reffkin, founder and CEO of the real estate platform Compass, shares his journey of turning setbacks into momentum. He discusses how obstacles can be reframed as opportunities for growth, drawing inspiration from his early experiences and challenging times during the dot-com bubble. Reffkin emphasizes the importance of resilience, adaptability, and seeking feedback to fuel entrepreneurial spirit. He also highlights how transformative conversations and strategic pivots play a crucial role in defining one's path and achieving success.
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Dot-com Bubble Loss
- Robert Reffkin lost all his savings in the dot-com bubble and owed money to the bank.
- He recovered by dreaming of a new future and creating a plan to achieve it, a lesson learned from his mother.
Preserve Energy
- Preserve your energy by dreaming big and having an "I can do it" attitude.
- Create concrete plans to achieve those dreams and maintain your entrepreneurial drive.
Mother's Influence
- Robert Reffkin's mother, an immigrant from Israel, faced numerous challenges as a single parent.
- She instilled in him the belief that anything is possible and to bounce back from failure with passion.