David Carmell is the CEO and Founder of the management consulting firm CSuite Advantage and DealRockit, the breakthrough new digital platform and business development technology that revolutionizes how firms and enterprises invest in their ecosystem. David has over two decades of experience in business ownership, senior executive management, M&A, start-ups, SaaS, and consulting. During his career, David acquired, owned, integrated and managed turnaround companies in distribution, remanufacturing, logistics, automotive and transportation. He is a recognized global top 50 thought leader on customer experience and has a unique understanding of the challenges and complexities faced by business owners and stakeholders today.
Entrepreneurial Role Models:
- Robert Cohn who was the Chairman and CEO CFS Continental
- Peter Drucker
- David Carmell’s Grandfather
- David Carmell’s Mother
When business started difficulties overcame:
“one of the things that I had to overcome was committing to the time. Once I made the decision on deal rocket, I still wasn’t comfortable… and I got the blessing from my wife, she was convinced it was time to bring it forward… but I had to find out from others still whether it was good. So, I sent out certain feelers and so forth. I also was an outsider; I didn’t know how to code at the time. Thank God a friend said to me sometimes David you are the smartest person in the room and sometimes you are just an idiot… He said you really develop software your entire career and you don’t realise it”…[Listen for More]
Favourite Books:
- Innovation and Entrepreneurship: Practice and Principles Book by Peter F. Drucker
- Peter F. Drucker Books
Favourite Quote:
- “If I had asked people what they wanted, they would have said faster horses.” Henry Ford
- “People don’t know what they want until you show it to them.” Steve Jobs
- “Our industry does not respect tradition — it only respects innovation.” Satya Nadella
- “The significant problems we face cannot be solved at the same level of thinking we were at when we created them.” Albert Einstein
Recommended Online Resources:
- The Entrepreneur Way – Learn from successful Entrepreneurs with Free Daily podcast interviews that reveal their business success secrets
- The Digital Executive
- Masters of Scale, an original podcast hosted by Reid Hoffman. In this original podcast, Reid Hoffman explores how great companies scale up from zero to a gazillion, testing his theories with legendary leaders Masters of Scale is the first American media program to commit to gender balance for guests
Best Advice to Other Entrepreneurs:
“this will be the greatest time to be an entrepreneur. Innovation, creation will be off the charts. Fact that people are at home with the digital world you had time to look at a new playing field. The playing fields are only going to become more levelled for you. The places where you have been spending time in the past you are not going to have to worry about, there’s going to be ecosystems on these platforms that are going to make it happen for you, you are going to bring in more people than you ever before and you are not going to be wasting time. You are going to be able to save time and rocket growth”…[Listen for More]
More About David Carmell:
Neil’s Quote at the Beginning:
“I’ve learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel.” Maya Angelou
Other Quotes From the Chat with David Carmell:
- “instead of trying to save the world wide don’t you start by cleaning up your room or hanging up your clothes”
- “if you start with that mindset of I can’t work for anybody else then what are you telling other people that maybe they can’t work for you to? I just think it’s something you have to overcome ”
- “be curious, don’t be afraid to make mistakes, challenge the status quo ”
- “every time you enter a new area you don’t have to make the same mistakes as some people in the past”
- “don’t be afraid of understanding who you are and what makes you special and why you are going to take your product or business to another level”
- “75 percent of start-ups fail because the founder thinks they know their customer more than the customer knows themselves”
- “you have to have the thick-skinned and understand and take the feedback”
- “if my customers are successful ultimately, I will view myself as successful. And if they keep repeating ordering then I will view that as a success”
- “’The entrepreneur always searches for change, responds to it, and exploits it as an opportunity’ Peter Drucker. I’ve modified that a bit that the entrepreneur always seize opportunity for change, responds to it and exploits it as an opportunity for good”
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