Barry Chats with Rick Leander About His Stellar Journey from Banking to Behavioural Economics

The Just Great People Podcast - From The Sixsess Consultancy

Summary

In this episode of the Just Great People podcast, Barry Eustance interviews Rick Leander, who shares his unique journey from a corporate banking career to the world of entrepreneurship and behavioural economics.

Rick discusses the importance of values in building successful organisations, the challenges faced by early-stage startups, and the critical role of mentorship and team culture in achieving long-term success.

He emphasises the need for entrepreneurs to be passionate about their work and to surround themselves with talented individuals who can help them navigate the complexities of building a business.

Takeaways

• Rick Leander's career has been diverse, moving from banking to entrepreneurship.
• Behavioural economics plays a crucial role in understanding consumer behaviour.
• Values should guide the formation of a company's culture and mission.
• Entrepreneurs must articulate their origin story to connect with others.
• Stress, financial issues, and relationship strains are common in entrepreneurship.
• Surrounding oneself with smarter individuals is key to success.
• Mentorship is vital for personal and professional growth.
• Identifying and addressing toxic individuals in a team is essential.
• Long-term vision is more important than short-term gains.
• Being humble and open to advice is crucial for founders.

Titles

• Building a Sustainable Startup Culture
• Mentorship and Team Dynamics in Startups

Sound Bites

• "My career has been anything other than a straight line."
• "You need to pick a model that’s close to your wiring."
• "Do this because you’ve got a passion about it."

Chapters

00:00 Introduction to Rick Leander's Journey

03:04 Transitioning from Banking to Entrepreneurship

05:39 The Role of Values in Entrepreneurship

08:30 Understanding the Importance of Origin Stories

11:28 Building Effective Teams and Culture

14:06 Navigating Challenges in Entrepreneurship

17:00 The Importance of Mentorship and Coaching

19:35 Scaling and Culture in Growing Organizations

25:35 JGP Live Outro 090824 V1.0.wav

Useful Links

Rick Leader’s Website – LFB Holdings

https://lfbholdings.com/

Rick Leander's LinkedIn

https://www.linkedin.com/in/rcleander/

Simon Hartley’s (Be World Class) Just Great People Podcast

https://www.youtube.com/watch?v=B93pJKQwdHg

Be World Class Website

https://be-world-class.com/

The Sixsess Consultancy Website

https://sixsess.org/

Barry Eustance’s LinkedIn

https://www.linkedin.com/in/barry-eustance/

Keywords

entrepreneurship, behavioural economics, mentorship, business culture, startup challenges, Rick Leander, Just Great People podcast, innovation, corporate transition, founder mindset