My Favourite Failure: The dangers of diversification - Emmanuel Arnaud
Secret Leaders2 Mai 2024

My Favourite Failure: The dangers of diversification - Emmanuel Arnaud

What happens when a successful home exchange company tries to launch a rental business? Emmanuel Arnault, CEO of Home Exchange, shares his experience of investing a million dollars in a new rental venture that ultimately failed. Emmanuel dives into the strategic mistakes they made, the challenges of balancing a flagship business with a new side project, and the important lessons he learned about leadership and resource allocation along the way. From the initial planning stages to the final decision to pull the plug, He discusses the importance of adapting one's leadership style as a company grows and the pitfalls of relying too heavily on intuition when launching a new venture. Sponsors Vanta - get 20% off security certifications like ISO27001 and SOC2: https://vanta.com/secretleaders Personio - all in one HR platform: https://personio.com/secretleaders -- Newsletter Sign up here: https://secretleaders.email/. You can find our historic newsletters here: https://www.secretleaders.com/episodes.

Episoder(402)

Lovevery: How Jessica Rolph built $800m giant after $300m Danone exit in <10 years

Lovevery: How Jessica Rolph built $800m giant after $300m Danone exit in <10 years

Jessica Rolph is the Co-Founder and CEO or Lovevery which makes play kit subscription boxes for kids - and is one of Dan's favourite kids brands. It's also massive, valued at $800 million at the last ...

12 Des 20231h 9min

My Favourite Failure: Unpaid payments nearly destroyed my business despite UK legal system & rock solid contracts - Neil Ambikar

My Favourite Failure: Unpaid payments nearly destroyed my business despite UK legal system & rock solid contracts - Neil Ambikar

Neil Ambikar says you can't rely on the UK legal system. Neil is the Founder of B2Bpay and Narvi Payments - and B2Bpay is lucky to still be here. The company was taken to the brink by a sequence of ev...

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How $4b Webflow Founder failed 3 times before getting it right - Vlad Magdalin

How $4b Webflow Founder failed 3 times before getting it right - Vlad Magdalin

Vlad Magdalin is the Founder of Webflow, a no-code platform which allows people who aren't software engineers to build complex websites. They were valued at $4b at the last count but amazingly he trie...

5 Des 202358min

My Favourite Failure: Given a settlement and pushed out after declaring disability | Molly Johnson-Jones

My Favourite Failure: Given a settlement and pushed out after declaring disability | Molly Johnson-Jones

Molly Johnson-Jones is the Founder of Flexa, a global directory of flexible companies. The idea was born out of the worst moment in Molly’s career, which left her doubting her worth and ability to be ...

30 Nov 202313min

How to manage your stress response when you're up against it - Sensate Co-Founder Anna Gudmundson

How to manage your stress response when you're up against it - Sensate Co-Founder Anna Gudmundson

Anna Gudmundson is the Co-Founder of Sensate: a pebble like device you can put on your chest which tones (vibrates) the vagus nerve, which helps control your stress response. Anna is fascinated by str...

28 Nov 20231h 14min

My Favourite Failure: I lost my company, job, had to sell my cars, house & move back in with my mum | Tay Sweat

My Favourite Failure: I lost my company, job, had to sell my cars, house & move back in with my mum | Tay Sweat

Tay Sweat is retired today having put a lot of the earnings from his fitness and supplement business into the stock market. But that was actually his second attempt at that business. He failed on his ...

23 Nov 202316min

Ticket Tailor - Bootstrapping to £6m after selling business to TimeOut and buying it back

Ticket Tailor - Bootstrapping to £6m after selling business to TimeOut and buying it back

Jonny White is the Founder of Ticket Tailor. He was a software engineer who spotted a gap in the market for ticketing systems before building a white labelled service to sell to companies. TimeOut got...

21 Nov 20231h 2min

My Favourite Failure: Chef who got rave reviews, celeb diners and a bustling business but couldn't sustain it

My Favourite Failure: Chef who got rave reviews, celeb diners and a bustling business but couldn't sustain it

Sameer Vaswani is the Co-Founder of Prodigy Chocolate, a company that’s taking classics like Snickers and making them more modern and child friendly, like less sugar and more eco packaging. Before thi...

16 Nov 202311min

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