BW - EP16: CEO Eric Scott—Thoughts on Starting Your Own Business

In Episode 16 of Breaking Walls, we sit down with Dolphin Micro CEO Eric Scott for a chat about his experiences running his own business. Eric’s insights were self-aware, balanced, ambitious, and empathetic. It’s a fantastic interview! Highlights • How to develop ways to get over the fear of being risk adverse. • What is a B.A.T.N.A.? - Best Alternative to a negotiated agreement • How to give yourself as many options as possible in life... Its not as hard as we may think • Ways to stretch your dollar as far as possible when you are going through a period of unemployment • In order to succeed you have to be willing to fail. Why? • What Eric did while he was living on a beach in San Diego for 4 months • How Eric formed Dolphin Micro while on both a sailing trip and a road trip • Why running a successful business is never about the money • Why you can't see yourself as the star of the show with a supporting cast if you ever want to effectively lead people • Where the fine line between boredom and failure exists • Why you can't run a business without empathy • The reason that sometimes you have to stick things out for a while even when they are not fun • Great advice from Robert August's father Blackie August • Its not "where's the money?" It's "where's the passion, the challenge, the interest" • The reasons you need to be both arrogant and humble in order to run a business • The monumental importance of patience To read some of Eric’s insights on Quora, go to Quora.com and search for “Eric Scott” Follow The WallBreakers on soundcloud: www.Soundcloud.com/TheWallBreakers Subscribe to Breaking Walls on iTunes: https://itunes.apple.com/us/podcast/the-wallbreakers/id924086880?mt=2