Renowned Shark Tank investor Robert Herjavec has articulated a powerful perspective on what drives business success. He posited that having a skilled and passionate team is far more critical than possessing the “best product in the world.”
In his insightful LinkedIn post dated July 9, 2018, Herjavec underscored the central role of employees in fostering a company’s growth. He meticulously considers his hiring decisions, emphasizing the need for a team that not only supports the business mission but also contributes to its dynamic.
Key Insights from Robert Herjavec on Team Dynamics
“So to all the people leaders out there – the next time you’re feeling like you’re in it alone, or that you just don’t have the answers, look to your team. That’s the real secret sauce.”
Herjavec’s post elucidated that several elements can influence business success— a marketable product, robust strategies, and effective execution. However, he firmly believes that the core of a thriving business lies in its people. He expressed that it’s insufficient for a business to merely present an outstanding product if there is no capable team to implement it effectively.
In his recruitment approach at the Herjavec Group, he intentionally looks beyond finding individuals who mirror his characteristics. Instead, he seeks candidates who possess their unique identities, an inherent drive for success, and an eagerness to learn and grow.
“Our team members need to see Herjavec Group as part of their journey. I often say to my team ‘all the world owes you is an opportunity’ – and I encourage them to push and drive their careers forward at HG,”he shared.
Herjavec has a notable history of hiring “competitive athletes,”which he believes fosters qualities such as discipline, drive, and focus within his team. During the interview process, he prioritizes candidates’ capabilities, their energetic drive, and their potential for leadership, aligning these traits with the core values that he upholds.
Reflecting on his experiences, Herjavec expressed gratitude for the resilient team members who consistently persevere despite setbacks. This unwavering spirit not only motivates him as a leader but also reinforces the significance of adaptability and tenacity in the fast-evolving field of cybersecurity, in which his company, Herjavec Group, operates.
He pointed out that success in such an innovative and rapidly changing environment necessitates a team committed to continuous improvement and questioning the status quo. This philosophy aligns with his belief that fostering the success of employees, clients, and customers is paramount for any entrepreneur’s personal achievements.
“I believe in my team. We are a group of highly motivated and dedicated security specialists, driven to excel and innovate. It’s hard to believe but it’s been 15 years since we founded Herjavec Group!”he remarked.
Herjavec reminisced about the evolution of his company: from just three employees to a team of 300, spanning across Canada, the United States, and the United Kingdom. He confidently asserted, “You don’t survive in this space (or any space really!) without incredible people and amazing talent.”
“We were 3 people then – and now at 300 people globally, with offices across Canada, the United States and even in the United Kingdom, I firmly believe we are in the right place, at the right time, with the right team. 15 years and going strong,”he affirmed.
In conclusion, Robert Herjavec encourages all leaders facing doubt or isolation to seek inspiration from their teams, reiterating that they are the “real secret sauce”to business accomplishment.
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