Episode 35: Don't judge a book by its cover, with David Mylrea.
David Mylrea has extensive experience in complex commercial finance transactions involving offerings of debt and equity, leases, loans and project financing. He handles all facets of complex, multimillion-dollar financings, including origination, negotiation and preparation of definitive documentation, closing and funding. \xa0 Secret -- timesaving technique Reflect on your time spent on a task -- entering your time spent into an automated system is a regular practice for lawyers. ONWARD!
\nDaily habit that contributes to success\nDavid likes to plan for the day ahead through scheduling and becoming immersed in his priorities.
\nCould have ruined your business -- but now -- \xa0an invaluable learning experience\nDavid had a client that filed bankruptcy -- and David tells the whole story here.
\nMost critical skill you think business owners need to master to be successful\n\u201cA business owner has to be able to understand the intricacies of their business -- how is the business going to work.\u201d
\nMost influential lesson learned from a mentor\n\u201cYou can\u2019t sit and wait for an opportunity -- differentiate yourself from the pack -- try something new.\u201d \xa0
\n\xa0
\nFinal Round -- \u201cBreaking Down the Recipe for Success\u201d\n\xa0
\nWhat systems would you go back and put into place sooner?\n\u201cI would have implemented a system to improve the overall quality of our transactions.\u201d
\nWhat one strategy or \u201crecipe\u201d would compound into big wins for business owners?\nBusiness owners have to build and maintain their networks in a strategic manner with emphasis on delivering value.
\nHow to exceed expectations and add the most value?\nAn individual who can work well with others inside the office and also externally with clients.
\nWhat strategy would you recommend new business owners focus on to best ensure success?\n- \n
- Think outside the box \n
- Take action now -- not later \n
\xa0