I was scrolling through some old videos on my laptop to find this one – and I’m still smiling as I replay the story of this inspiring CEO in my mind.
We shot this video of Seyi Fabode in September of 2010 (wow that feels like a long time ago!). This was his demo video for a documentary we shot later that year. Watch the video and then scroll down for my takeaways…
My Takeaways From Seyi
– Seyi is an inspiring example of the entrepreneur who was given plenty of opportunities to quit – but chose not to. Even though the video above doesn’t tell an ounce of his story, those of us who know him have seen him persist and succeed despite the obstacles.
– When we shot this demo video, Seyi was just another tech startup – big dreams and goals but struggling to find capital. Seyi stayed persistent. He improved his product. He worked on himself. He surrounded himself with the best people and advisors he could find. Fast forward to today and Power2Switch has been the subject of a ton of publicity. In 2011, they were selected to incubate at Excelerate Labs . They’ve raised some much needed capital and are on their way.
– Seyi also didn’t go the journey alone. He had partners. I can’t stress enough the importance and value of having business partners. People you can lean on when times get tough – and also celebrate when the cash register rings. Seyi has great partners – it’s part of his formula for success.
– Seyi leveraged his Entrepreneurial DNA. I remember the look on Seyi’s face the day he read through his Advanced Assessment report to discover his predisposed strengths, weaknesses and modus operandi. He used that information to optimize his team, build strategy and even walk away from some opportunities that appeared lucrative on the surface.
– Seyi was relentless in asking for help. This to me, is a major piece of Seyi’s success. He was never afraid to ask for help. Even though he graduated from one of the top business schools in the country (Chicago Booth), he stayed humble. (Most of his peers think they walk on water and will soon find their businesses at the bottom of the lake). Seyi sought out advisors and help. He applied for help from the Chicagoland Entrepreneurial Center. He did everything they told him to do. He signed up for every pitch opportunity and business plan contest (and won a few along the way). I can’t think of many tech events I attended that he was not present at. The point? Seyi didn’t hide in a dungeon wondering why the phone didn’t ring. He put himself out there – took the risks – and reaped the reward.
I’m sure there were days he didn’t feel like shaking hands, asking for help or applying for another business plan contest. But he did anyway. That’s the essence of entrepreneurship!