David Carter, Chairman and Founder of Enteleechy Academy, stresses the importance of having a business mindset, which involves understanding what needs to be done to achieve goals for stakeholders, including making a profit, paying dividends, and growing share prices. He believes that even small business owners, such as solopreneurs, are also entrepreneurs who need to have a business mindset to be commercially successful. Carter shares a personal story from his upbringing about how he paid for a school ski trip by saving up money from caddying and gardening, emphasizing the importance of hard work and determination.
Furthermore, Carter talks about his career in private equity, evaluating the senior leadership team and the people running the show for their performance X factor, which was the key to understanding what made one company more successful than the other. After turning around four struggling companies, he founded Nteliki Academy to help entrepreneurs and business leaders develop the skills and mindset necessary for success.
Carter also discusses his experience as a single parent and the importance of being a mentor to his children, providing stability, security, and adventure while prepping them for their own life journey. Despite experiencing a significant setback when a company he had to put into administration due to COVID-19, Carter persevered and launched a new business that aims to solve the same problem in a revolutionary new way. He credits his failure as the source of inspiration for his new venture and emphasizes the importance of not staying down but getting back up.
Carter also talks about his latest venture, Entelechy, which aims to solve the talent and skills crisis in the world. He is proud of his team and the work they have accomplished, and he is excited to see the impact they will make in the world. Additionally, he shares about his father and mother's influence on his life and legacy and encourages others to keep the generational conversation going. To reach out to him, he suggests connecting with him on LinkedIn.
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