Andrew Federowsky, Co-Founder of Bartercard, on good leadership and how to become more successful
Part 2 of the ChangeMaker Interview Series - Empower Change
“Life is a continuation of challenges. If it doesn't challenge you, it won't change you, and if it doesn't change you, you're not actually growing."
Andrew Federowsky: Co-Founder of Bartercard, successful business man, a true ChangeMaker and overall great leader. We had the honour of asking him a few questions about what drives him and what tips he has for people wanting to be more successful and better leaders.
Andrew Federowsky is an innovator. He grew up in Germany, where he learned mechanical engineering at Mercedes Benz. He came to Australia in 1988 and soon became interested in the concept of trade exchange. After working in the field, Andrew thought to himself "We can do this better". Not long after in 1991 (along-side Brian Hall and Wayne Sharpe), Bartercard was born.
Bartercard recently celebrated 25 years of business growth, and is recognised as the largest trade exchange company in the world!
“Putting people before you will elevate you as a leader."
Being a major part of such a well-performing company, we had to find out what was different about Andrew that made Bartercard what it is today. When asked about his thoughts on leadership, Andrew replied "You have to be a bit ballsy in leadership. Your staff need to see that you're willing to go the extra mile, or take a bullet for them. They need to see you have the drive and the passion! You can't be an ego-maniac. You need to be humble so you can identify with normal people, because they are your staff and customers. If you think you're better than everyone, it's a recipe for disaster!"
Andrew's 3 tips to turn your business dream into a reality
1. You have to have a business plan. If you don't plan where you're going, how would you know when you get there?
2. "When the going gets tough, the tough get going!" The majority of people give up when it get's hard. You have to break through that barrier in order to be successful. If you want to come out on the other side, you have to go hard. Never give up!
3. Aim higher than everyone else and have a bit of an ego, but be humble, and deliver. Be the best you can be!
“It's always about the plan, and deliver vigorously!"
How do you maximise efficiency?
"The only way for me to maximise my business day is by having a brilliant P.A. (Personal Assistant), and a really good team. You have to accept that there are people better than you at what they do. Find the expert in their field, whether it's an Accountant or whatever role, so that the company performs well, because that is when the business is effective. If you can have a great team of people inspired and keep investing in them, they will bring the business up."
“The most valuable thing to me is experiences and knowledge. Knowledge is everything in life."
Want to hear more, including the 3 most common mistakes that people make that Andrew has come across since being in business? Curious to find out what Andrew's top 3 lessons in life are?
Click here to view/listen to the entire inspiring interview with Andrew Federowsky, Co-Founder of Bartercard, or click on the video below.
Listen to the Podcast below when you have a little over 40min spare whilst driving or exercising.