In this episode of Blunders to Blessings, host Kerim interviews Reda Haddadeh, Director at KPMG Saudi Arabia and founder of CorpStrategy Consulting. Reda shares his candid journey from corporate success to navigating the challenges of entrepreneurship. He opens up about the difficulties of overcoming ego, seeking help, and adapting his business strategies in new environments.
Reda discusses how moving to Australia with minimal support forced him to confront his own ego and recognise the importance of asking for guidance. He also highlights the need for continuous evolution in business, emphasising that failure is part of the process. By stepping out of his comfort zone, Reda learned that trying new things builds confidence, competence, and resilience, which were key to his success.
Key takeaways from the episode include Reda’s evolving perception of failure, the critical role of mentorship and guidance, and the importance of continuously evolving business strategies to meet market demands.
Key Points:
- Redefining Failure: Failure is not bad but part of the journey toward success. It’s about picking yourself up and moving forward after you fall on the ground.
- Seeking Help: Reda emphasises the importance of asking for help and mentorship, which can make all the difference when starting a business, especially in new markets.
- Ego as a Barrier: Ego can hinder progress. Humility and collaboration are essential for personal and professional growth.
- Resilience through Setbacks: Trying new things and stepping out of your comfort zone builds the confidence and competence.
Lessons Learned
- Failure is part of the journey towards success.
- Ask for help early—don’t let ego stand in your way.
- Stepping out of your comfort zone builds confidence and skills.
- Having a supportive network can significantly impact your success.
