Daryl Hatton, CEO of award winning crowdfunding company FundRazr, has founded multiple start-ups and helped bring one to a successful NASDAQ IPO in 1999. He serves as advisor to a handful of other hot companies in Canada. As a social media guy, his tagline is “#KingOfGastown, entrepreneur, cardiac survivor, foodie, whisky nut, philosopher, mentor, father and friend.
Entrepreneurial Role Models:
- Young entrepreneurs because they are passionate about what they are trying to do
- Sir Richard Branson
- Steve Jobs
When business started difficulties overcame:
“the barriers along the way were credibility. Basically, in what I am trying to start a business or even operating that business I had a lot of people look at me and go ‘so who do you are you don’t know anything about business, you are not trained in any way’. So it was a really big credibility issue and I think that that continued really until I got into the public company where I had no credibility or felt like I had no credibility, and it was just hustling hard to create a business that had value and service customers that got me anywhere along the way ”…[Listen for More]
Favourite Books:
Life 101: Everything We Wish We Had Learned about Life in School–But Didn’t Book by Peter McWilliamsFavourite Quote:
Until one is committed, there is hesitancy, the chance to draw back, always ineffectiveness. Concerning all acts of initiative and creation, there is one elementary truth the ignorance of which kills countless ideas and splendid plans: that the moment one definitely commits oneself, then providence moves too.
All sorts of things occur to help one that would never otherwise have occurred. A whole stream of events issues from the decision, raising in one’s favour all manner of unforeseen incidents, meetings and material assistance which no man could have dreamed would have come his way.
Whatever you can do or dream you can, begin it. Boldness has genius, power and magic in it. Begin it now.” William Hutchison Murray
Whatever you think you can do or believe you can do, begin it. Action has magic, grace and power in it.” Johann Wolfgang von Goethe
Recommended Online Resources:
- Google – Search the world’s information, including webpages, images, videos and more. Google has many special features to help you find exactly what you’re looking for…
- YouTube, LLC is an American video-sharing website headquartered in San Bruno, California. Three former PayPal employees—Chad Hurley, Steve Chen, and Jawed Karim—created the service in February 2005. Google bought the site in November 2006 for US$1.65 billion; YouTube now operates as one of Google’s subsidiaries.
Best Advice to Other Entrepreneurs:
“know yourself. I think one of the biggest things that we hurt ourselves with its unconscious behaviour in decision-making. In an entrepreneurial world it’s really important who you are and why things are important to you and how you decide things because you make such better-quality decisions when you know yourself. And I think related to other things that we talked about that you also enjoy more. You can find out and turn it into experience as opposed to a task and that really enriches the whole process”…[Listen for More]
More About Daryl Hatton:
Neil’s Quote at the Beginning:
“It is not the strongest species that survive, nor the most intelligent, but the most responsive to change.” Charles Darwin
Other Quotes From the Chat with Daryl Hatton:
- “I learned a long time ago that mentoring and giving back is one of the best ways for me to learn about what I do and to grow my capabilities as an executive”
- “one of the things I’ve learned in this career is the try to trust that gut more than I ever used to. We all make decisions emotionally and then try to find data to back up the decision. We actually all work off gut feel all the time we just don’t necessarily acknowledge it for what it is. So, when we make a decision sometimes my gut tells me we should go over here but let’s consciously look for data that would help support this decision and we can de-risk it by doing that. If I know myself well enough when I feel it is sometimes, know why I feel it and I can trust why I feel it. I am not covering up something when I got hurt from that before… A lot of the times we make decisions based on that are based on reaction to things that happened previously that we may not even be conscious of. So, the more conscious we are of that the better a decision we can make when the stimulus comes up again, we get to choose our responses and that makes us much more powerful and much more effective”
- “if you are truly committed to something then things happen that are unexpected. But I find that that happens all the time to the point where if the thought comes to mind while contemplating a new venture, I really have no great arguments for why I shouldn’t go forward. If it’s something we really want to do we get behind it”
- “really knowing who you are and how you respond is probably one of the biggest secrets. And it’s not that secret. It’s not the external influences that make a successful on these things. I think most entrepreneurs it’s the internal driver experience that ends up creating the results that they want and a dose of good luck”
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