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January 24, 2025 52 mins

The Power of Resilience and Leadership in Redefining Business Success with Marcel Proskow

Episode 28

Marcel Proskow shares a candid and inspiring story of his entrepreneurial journey, from his early start in retail design to building a successful business spanning over three decades. Marcel delves into the pivotal moments that shaped his leadership philosophy, including his decision to leave a stifling work environment, his approach to fostering team loyalty, and the critical role of strategic planning in business longevity.

He reflects on the challenges of balancing personal and professional life during his early days, highlighting the importance of fair treatment, profit sharing, and creating a culture of mutual respect. Marcel’s insights into assembling the right team, valuing long-term relationships, and empowering employees to grow are deeply resonant.

The conversation shifts to the financial side of business, where Marcel emphasizes the value of maintaining a "war chest" to weather economic downturns. He discusses his approach to preparing for business cycles and why investing in people is one of the most sustainable strategies for growth.

Marcel also shares his passion for personal growth and collaboration, as seen in his company’s use of personality assessments to enhance teamwork. These tools helped create an environment where individuals could thrive in roles aligned with their natural strengths, fostering camaraderie and productivity.

The episode concludes with Marcel’s reflections on retirement—or as he prefers to call it, "Desirement." Instead of viewing it as a decline, Marcel sees this stage of life as an opportunity for reinvention. From starting new ventures to embracing change, Marcel’s story is a compelling example of how to redefine success and continue contributing meaningfully at every stage of life.

To learn more about Marcel Proskow and his work, please visit:

Website: http://www.maxam.ca/

LinkedIn: https://www.linkedin.com/in/marcel-proskow-52501b9/

0:00 Realized exploitation; decided to quit and leave
4:52 Started company, needed people, clients followed successfully
10:53 Learn, support, plan, and build for continuity
15:04 Banker's loyalty, accountant's long-term success
19:03 Young shoeshine entrepreneur buys first car cash
23:11 Myers Briggs and Colby assessments enlightened teamwork
24:12 Aligning roles enhances team loyalty and success
30:53 Balancing family time and business transition challenges
32:18 Transition brings excitement, home-building adds anticipation
36:57 Adjusting to change: viewing it as exciting
38:35 Never stop learning; life's a continual journey
43:52 Retirement intended to replace older workers, evolved
47:25 Understanding versus universe: Knowledge is just a glass
51:07 Planning new business on the Sunshine Coast
52:20 Inspiring vision and gratitude

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