Lubo Smid, CEO of STRV, shares his experiences and lessons learned from over a decade in entrepreneurship. Lubo emphasizes the crucial balance between persistence and the ability to pivot. He acknowledges that while persistence is key to achieving goals, being open to changing course when facing a dead end is equally important. Lubo candidly discusses his journey, including the challenges of maintaining enthusiasm for multiple projects while avoiding spreading himself too thin.
Lubo also delves into the importance of finding balance in life, highlighting his personal routines like swimming in cold water and focusing on fitness. He stresses that taking care of personal health and well-being is essential for maintaining peak performance in business activities.
Discussing the evolution of his approach, Lubo reflects on how prioritizing health has become an integral part of his business strategy. He notes the difference in energy levels and the need for adjustment as one progresses in their career.
As a self-proclaimed addict to entrepreneurship, Lubo values the role of mentorship and guidance. He seeks expertise from a diverse range of people, including those in YPO and others with varying viewpoints, to continually grow and adapt in his entrepreneurial journey. Lubo's advice to new entrepreneurs centers on the importance of passion for their projects, as it's the driving force that helps navigate through the inevitable challenges and darker days of entrepreneurship.
00:06 The Balance Between Persistence and Pivoting
01:49 Exploring Multiple Ideas and Avoiding Spreading Too Thin
02:50 Finding Balance in Work and Personal Life
04:57 The Evolution of Prioritizing Health in Business
05:55 The Addiction to Entrepreneurship
07:24 The Importance of Diverse Perspectives
08:09 Advice for New Entrepreneurs
09:11 Getting in Touch with STRV