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Nathan Resnick is currently the CEO of Sourcify, a job he’s been unknowingly working toward since his first day in middle school when he resold Livestrong bracelets at a margin. At Sourcify, Nathan helps companies manage and organize their entire production process within a single platform, helping them to say aligned and efficient.
“Growing up, I was always entrepreneurial,” Nathan says. “I don’t know if I learned it from anyone necessarily, but really a turning point or information and resource that I had was honestly The 4-Hour Workweek. I read that book my senior year of high school and it was just an eye-opener. Honestly, I was like, ‘Wow we can optimize, automate, and it doesn’t seem that hard to start a business.’”
Of course, starting a business is far from easy, and everyone who builds their own company knows that there are hardships and challenges along the way. But for Nathan, simply having processes in place for everything, keeping his ideas and plans mapped out, and hiring the right people have made a world of difference.
On today’s episode, he explains his secrets to success, including how he overcame the challenge of his co-founder quitting on him the day they were supposed to launch the business, and what his plans are for the future of Sourcify.
Quotes from Nathan:
4:01 – [Nowadays at Sourcify…] “I spend a lot of my time kind of firefighting if you will, in terms of solving problems and just things come up during the day. But in the earlier days, I used to list out 10 or 20 tasks that I wanted to accomplish that day and that’s where I’d focus my time on. I think being process-driven is extremely important. And also blocking your time understanding what you’re going to be doing when every single day of the week.”
11:48 – “If I look at one key characteristic that got me through the early days, it was just being self-driven and self-aware. Sourcify started two years ago with myself in my living room doing everything from customer support email to every product that we were sourcing. Saying it was a lot of work would be an understatement. It was a ton, a ton of work.”
19:38 – “One thing that we do across all of our team members is align our north star. What is the one goal that we’re all shooting for? And having that one goal is so crucial to aligning everyone’s time. And really just the way that we conduct our business.”