Dear Farillio Expert: What is the key to business success? Misadventures give us the secret sauce

Dear Farillio Expert: What is the key to business success? Misadventures give us the secret sauce

Friday 5 Mar 21

Dear Farillio member,

On 15th October 2020, you asked our brilliant experts Gayle Mann and Lucy-Rose Walker on the Go Far Fast Show:

“You’ve seen loads of businesses achieve success. Is there one thing/group of things that they have in common? What’s their secret sauce – I want to make sure my business has it!"

And Lucy-Rose said:

Be mighty always, Farillio


Transcript:

“For me, it's going to come down to the right leader with the right approach. Ultimately we always used to say at Entrepreneurial Spark, in terms of having a very open policy on who we worked with, that the one thing that we wouldn't negotiate on was that you had to be a coachable entrepreneur who was coming in. That was really our only prerequisite, that you had to be somebody who would take feedback, who's listened to challenge and who was prepared to ask for help and not accept that you had all the answers. For me, that's really the kind of leader that you want at the helm of a business. The ones that we've seen that do really well are the ones who are clear about what is their vision, what are the cultures, what is the mission and how are they going to look after the humans in the business. It's got to be the kind of people-first approach because, if you're looking after the humans, then hopefully there are fewer misadventures and you can grow the business successfully."

Ask your question:

If you have any questions that you'd like us to ask in a future Go Far Fast Show, send us a DM on Twitter or on LinkedIn. We'd love to hear from you!

Want more from Gayle and Lucy-Rose?

You can also find their answers to other questions being asked by you and your community in our Dear Farillio Expert section on our blog site, and their great guidance on start-ups here.


Please note: The contents of this blog are not tailored business advice or legal advice. This is guidance and information, which we do our best to keep current, relevant and helpful. If you need business or legal advice, please use our Speak To An Adviser service or you can get in touch via our LiveChat.

Become a member

Farillio members have full unrestricted access to all our online content.

Achieve Business Objectives

Step-by-step instructions to guide you through everything you need to achieve your objective including a progress bar

Easy-read Guides

Knowledge when you need it, served up fast in plain English

Expert In-depth Videos

Expert Q&As with industry professionals to start you on the path

100s of Templates

Create, share, edit, e-sign, duplicate legal documents

Document Dashboard

Easily manage legal documents for your business

Rapid Legal Advice

Expert answers to legal questions without hefty fees

TRY FOR FREE

While we can connect you with some very fine advisers in the UK, and we collaborate with them to provide you with great materials, Farillio itself is not a law firm. We do not directly provide legal advice ourselves. All resources are available for you to use (according to our terms and conditions), but those resources are not legal advice to you and neither are they a substitute for you taking legal advice from a lawyer.


Farillio Inc.

© 2017-2023 Farillio Limited.

Farillio Notice