#01 Navigating Success with George Clements - From the Royal Navy to Entrepreneurship: Knowing When to Exit and Picking the Right Game

George Clements (@gftclements) is the Co-founder of ⁠Magnum Company⁠, a UK-based business transforming how you get and drink your magnum since 2017. George has extensive entrepreneurial expertise and a demonstrated history of establishing and exiting thriving companies.

George is known for being a skilled communicator who can connect with people personally and make them feel at ease.

He is also known for his great sense of humor and ability to create memorable experiences. If you enjoy trail and long-distance running, you may come across George.

In this episode, he will share how he has successfully exited three companies and mastered the art of building thriving, motivated teams.

If you want to learn more about George and the Magnum Company, consider connecting with George on ⁠LinkedIn⁠.

You can find the link for ‘The Magnum’s’ company website: ⁠https://themagnumcompany.com⁠

Credits:

George’s picture for the cover art was captured by one of the most incredible humans I have met, ⁠Roy Potter.⁠

Enjoy it!

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[00:58] Being a founder and joining the UK’s Royal Navy after losing a bet. 

[2:35] Lessons for business in sports and the military.  

[3:58] Having a co-founder might be crucial.

[5:10] On learning to appreciate other people’s talents.

[6:28] Delegate for the right reasons. 

[7:52] Three companies successfully sold and the joy of building teams. 

[11:37] If you enjoy doing something, you are more likely to excel at it. 

[13:39] Your body can endure more than your mind is accustomed to handling.

[15:58] Everyone has strengths that should be given a chance to shine.

[17:31] Identify the right moment to exit a business. 

[18:46] Having a good relationship with parents requires understanding different perspectives.

[21:17] Stagnation is undesirable in any business or individual’s life.

[23:16] The benefits of intuition when examining deals. 

[23:54] A good rule is to be gracious, not greedy.

[24:55] A founder might not be the best CEO, and you must determine what works best for you.

[25:55] If you’re considering hiring an outside executive, remember some critical things. 

[26:42] Starting the Magnum Company at 2 AM.

[29:05] Views on romantic relationships. 

[31:16] A few words to other founders. “A problem shared is a problem halved.” 

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