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)

The man who predicted the rise of the influencer, with Gleam Futures Founder Dom Smales

The man who predicted the rise of the influencer, with Gleam Futures Founder Dom Smales

Dom Smales is the exited Founder of Gleam Futures, which was one of the first social media talent agencies in the world - and the first in the UK.  When Gleam was founded back in 2010, influencers wer...

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How I failed: “I didn’t actually believe in the business, I just wanted to work for myself”, with Founder Amelia Sordell

How I failed: “I didn’t actually believe in the business, I just wanted to work for myself”, with Founder Amelia Sordell

Today, Amelia Sordell runs a booming personal branding agency called Klowt, but back in 2015, aged 21, she had just founded Eitherside, a fashion brand for women who wanted to dress up for a night out...

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Dan Murray-Serter, Chapter 3: ‘I’d decided life was meaningless’ - my battle with bulimia, anxiety, depression and insomnia

Dan Murray-Serter, Chapter 3: ‘I’d decided life was meaningless’ - my battle with bulimia, anxiety, depression and insomnia

You wouldn’t sign up for a terrible experience but they’re a breeding ground for the best stories, and the most personal growth. It’s no different for today’s guest and the usual host of Secret Leader...

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How I failed: “We were so convinced that we were among the few that would make it to IPO”, with multi-exit entrepreneur Touraj Parang

How I failed: “We were so convinced that we were among the few that would make it to IPO”, with multi-exit entrepreneur Touraj Parang

Touraj Parang today has multiple exits under his belt, has sat on both sides of the deal table - and has written a book literally called "Exit Path: How to Win the Startup End Game". But the reason he...

7 Jul 202213min

GoHenry: Creating a new category with other parents after kids racked up bills, with Co-Founder & COO Louise Hill

GoHenry: Creating a new category with other parents after kids racked up bills, with Co-Founder & COO Louise Hill

Louise Hill is the Co-Founder and COO of GoHenry, a debit card and financial education app for children which has two million users. The starting point for Louise was noticing her kids buying stuff on...

5 Jul 202245min

How I failed: “I didn’t want to tell them I’ve reached the end of my rope”, with journalist Emma Gunavardhana

How I failed: “I didn’t want to tell them I’ve reached the end of my rope”, with journalist Emma Gunavardhana

Emma Gunavardhana, or Emma Guns as she’s often known started her career with a bang. She landed her dream job early doors - editing OK Magazine back when that was a really big deal. But when she left ...

30 Jun 202212min

What3Words: Why an injury can be the best thing to happen to you, with Co-Founder & CEO Chris Sheldrick

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We normally can’t see it at the time but bad things often play a critical role in good things happening. As Steve Jobs famously said, it’ll make sense looking backwards. This is exactly what happened ...

28 Jun 202244min

How I failed: short-form video platform that got crushed by TikTok, with Jess Butcher MBE

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Ok, ok - it’s not all about your name or your competitors - but Jess Butcher was kicking herself when she came across TikTok shortly after launching Tick.Done. with her Co-Founders in 2018.  Tick.Done...

23 Jun 202213min

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