$2 Billion Acquisition Lessons - Alex Dunn
Episode 198, Alex Dunn
To Alex Dunn, president of Vivint, authenticity is the cornerstone to success. When business leaders are authentic, they focus on their strengths. When we focus on our shoring up our weaknesses, we end up “playing not to lose” rather than “playing to win,” and we lose ourselves to second guessing. Without true authenticity, you are not contributing, just copying. And when you are copying, your business becomes replaceable. Alex recommends finding that strength of conviction to push for a unique contribution.
“…you have to have a really strong perspective on what you think. And what you think the opportunity is, what you think the investment thesis is. And you have to have courage of your convictions around that… There are also has to be a kernel of truth.”
Without trying to copy other successful businessmen or strategies, Alex developed his own convictions in how he manages his business. Through self-awareness, he focuses on his strengths and capitalizes on what makes him unique. He says:
“Now what I have realized is that the most successful people- and this is something that I believe pretty strongly is: they strengthen their strengths and not their weaknesses. And so that to me is being authentic to yourself because you realize; here’s what I’m good at.”
This episode was sponsered by Corporate Alliance