SharkTank Robert herjavec on business development and project management


This interview is definitely a must watch for start ups and young entrepreneurs,
Robert Herjavac is a sensible visionary ,His altruistic nature is very profound,
I am sure all his opinions on business is going to intrigue all the listeners .
Robert is an entrepreneur was born in Yugoslavia (Croatia) in a mediocre family .His father was a manager and an anti communist who went to jail 22 times every time accusing and abusing fellow communists.
Roberts dad was a 15th born child, Roberts grandfather was dead when his father was in his grandmother’s womb.

As Robert’s life was in peril, Robert along with his mother migrated to Italy as an immigrant.
Robert had only enough money to take the train from Heilbronn to Toronto (Canada) when they landed in Canada, he lived with a family whom his mother knew in their basement for 2 years.
Robert’s dream was to earn 1000 dollars per year relevant to his age like 50000 per year by the time he turned 50, with a decent house and a used covert .

Robert is now a millionaire and he says he always keeps doing things which scares him and keeps him on edge, to motivate him to do business with high enthusiasm and potential

Robert also says is you are a person who is afraid of change, please do not do business,He says change is constant.
Robert says most small business owners do not consider business as  a business
Robert says its significant to treat the business as a living thing,  a living system and the need for constant iteration as we do with any living thing.

A person should be on constant anamnesis and have an  attitude of -bring it on every day, else he cannot survive. Robert utters that adaptability is what is needed to survive.

Robert spends more on the company than the sales achieved 3 years ago.
And the payroll or loan is above the sales 5 years ago, which tends to freak him out every day.
Robert shares an experience with his employee which goes like, there was an employee name bob who used the every third client to develop his own company.

This came as a shock to Robert as he was a kind guy and genuine person.
Robert considers himself as a control freak but also says that people need to learn to let go of certain responsibilities to respective people still being responsible for the actions

Robert emphasizes on the importance of having the data in front of you on how the business is running is a must, Robert says that he is a better leader than a manager as he came from a hell hole in life, desperation to survive taught him to thrive in business.
Robert says one needs to invest more time as the company grows bigger, one needs to invest time in the right sectors and maintain conversations with the right employees. So it’s very important to equip with the perfect tools to make the data assessment accurate.

Robert has a phrase engraved on a granite over his desk stating,-“everyday someone wakes up with the sole intention to kick your ass”

He quotes,-“if you are very comfortable with the life currently its the beginning of the end”.
Robert is currently trying to make his businesses global.

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