Mario Harik
๐ค SpeakerAppearances Over Time
Podcast Appearances
I think through my career, it was multiple.
I mean, obviously you work for different people, you learn from different people.
I had different mentors and different leaders where some gave very critical feedback on the onset and some were much more constructive and believing in you.
But I think it was more iterative over time in terms of learning that.
And with Brad being my mentor for more than a decade, his approach to this is very similar where he's always looking at
how do you actually give constructive, not constructive, how you give somebody what they're doing well and how they can actually amplify that as well, which was a very, very similar method as well.
So high level capital, I mentioned earlier on, as a CEO, you have only a few levers of how you can create a lot of value over time.
I personally believe number one is who you surround yourself with, who's on the team, how does the team work with you together?
Number two is capital allocation, where you have a finite amount of resources as a company.
It doesn't matter how big you are as a company.
Where do you deploy that capital so that you are getting the highest return back on the capital that you are deploying?
And in many, many cases, especially as a public company, that capital is actually shareholders who publicly have given you money to invest for them so they can actually make more money at the end of that.
And the third area is where you allocate time, not only your time, but the team's time to be able to create the most amount of alpha.
So when I think about capital allocation, it's what's going to generate the most amount of returns.
And the different forms of capital allocation, one is how much capital you deploy into the company.
And it's a very simple equation for every project that we have where we are deploying capital.
We look at what is the return associated with that capital deploy.
For a million bucks you deployed in a project, are you going to get a million a year?
Are you going to get two million a year?
Are you going to get three million a year?