41 min
Scaling to 500 and Stepping Down with Mark Caswell After the First Million
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- Entrepreneurship
Imagine starting your career thinking you want to be an engineer and becoming a CEO instead.
This is Mark Caswell’s story. And in this episode, he shares how, during his time as CEO, Resultant acquired four companies, more than doubled its revenue, and expanded its team from 60 to nearly 500 employees nationwide. He walks us through his "messy middle" of scaling a business through multiple areas. His honest and raw answers offer a rare glimpse into the complex realities of managing a growing business and the personal growth that comes with it.
Tune in as we hear the challenges he faced and the lessons he learned while leading the company to new heights.
Key takeaways:
Self-Care Equals Strong Leadership: Leaders often neglect their well-being in the service of their vision. Self-care and management are crucial for leaders to effectively take care of their team and organization.Adaptation is Critical for Growth: Whether it's personal development or managing a company through acquisitions, adapting to the changing landscape is crucial. Embrace the Rollercoaster: Career paths are non-linear, and sometimes, letting go can lead to greater achievements. Being open to learning from mistakes and being accountable are essential components of leadership growth.
Time stamps:
00:00 Meet Mark Caswell
03:26 The complexity of business and human dynamics
07:52 Entrepreneurship requires figuring things out with grit
10:09 Growth, challenges, and learning opportunities
16:15 Initial anger, immediate challenges, 100-hour weeks
19:42 Feel what you feel; no wrong feelings.
22:41 Relying on your talented team
24:52 Creating an organization requires delegation and self-care
29:11 How finding great partners transformed our small business
32:50 When you need to chart a new path forward
34:42 Considering an exit
39:11 Life spans a longer period than perceived
40:13 Private equity demands progress, not perfection
Imagine starting your career thinking you want to be an engineer and becoming a CEO instead.
This is Mark Caswell’s story. And in this episode, he shares how, during his time as CEO, Resultant acquired four companies, more than doubled its revenue, and expanded its team from 60 to nearly 500 employees nationwide. He walks us through his "messy middle" of scaling a business through multiple areas. His honest and raw answers offer a rare glimpse into the complex realities of managing a growing business and the personal growth that comes with it.
Tune in as we hear the challenges he faced and the lessons he learned while leading the company to new heights.
Key takeaways:
Self-Care Equals Strong Leadership: Leaders often neglect their well-being in the service of their vision. Self-care and management are crucial for leaders to effectively take care of their team and organization.Adaptation is Critical for Growth: Whether it's personal development or managing a company through acquisitions, adapting to the changing landscape is crucial. Embrace the Rollercoaster: Career paths are non-linear, and sometimes, letting go can lead to greater achievements. Being open to learning from mistakes and being accountable are essential components of leadership growth.
Time stamps:
00:00 Meet Mark Caswell
03:26 The complexity of business and human dynamics
07:52 Entrepreneurship requires figuring things out with grit
10:09 Growth, challenges, and learning opportunities
16:15 Initial anger, immediate challenges, 100-hour weeks
19:42 Feel what you feel; no wrong feelings.
22:41 Relying on your talented team
24:52 Creating an organization requires delegation and self-care
29:11 How finding great partners transformed our small business
32:50 When you need to chart a new path forward
34:42 Considering an exit
39:11 Life spans a longer period than perceived
40:13 Private equity demands progress, not perfection
41 min