DeepSummary
Adam Jacobs, the co-founder of the iconic online fashion retailer and the new venture Hatch, shares his journey from growing up in a culturally diverse family in Sydney to his early sales experiences and the founding of the iconic. He reflects on the lessons learned from building the iconic from 50 to 500 employees in just 3 years and how it shaped his leadership and self-awareness.
The conversation then delves into the differences between the iconic and his current venture Hatch, including aspects like the number of co-founders, fundraising approaches, initial product development, and growth strategies. Adam provides insights into the challenges and opportunities of building a two-sided marketplace like Hatch.
Adam also opens up about personal experiences that have influenced his outlook on life, such as a terrifying incident involving his father during the 2008 Mumbai terrorist attacks. He discusses the importance of family, relationships, and finding meaning in one's work, which aligns with Hatch's mission.
Key Episodes Takeaways
- Embrace authenticity and align your work with personal values to find true meaning.
- Cultivate self-awareness as a leader by reflecting on how your personality traits shape your leadership style.
- Build user experiences that solve real problems faced by your customers.
- Prioritize relationships, family, and show gratitude for the people you love.
- Seek personal growth and self-reflection through avenues like therapy.
- Be prepared for challenges and setbacks as an entrepreneur, but stay focused on the long-term vision.
- Explore diverse perspectives and cultural influences to enhance your empathy and understanding.
- Consider the number of co-founders, fundraising approach, and growth strategies that align with your venture's unique characteristics.
Top Episodes Quotes
- “You know, at the end of the day, they are our end customers. And the thing that I get the most energy from in building a business is building user experiences that solve real problems.“ by Adam Jacobs
- “I think we all have this trap of comparing where we could have been. And I think more recently, I've tried to stop doing that and just embrace at any point where I am and live the most authentic version of that.“ by Adam Jacobs
- “I think it just showed us, at the end of the day, what matters is your relationships and your family and the people you love most. And they're the ones that you have to prioritize and show gratitude for.“ by Adam Jacobs
- “I think everybody should do some therapy. I feel it's probably the most useful reflection I've done more so than executive coaching.“ by Adam Jacobs
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Episode Information
The High Flyers Podcast with Vidit Agarwal
Vidit Agarwal
4/25/24