In the video below, Hemant Shah, CEO of RMS, speaks to a group at Stanford. As an entrepreneur, he explains one of the hardest lessons he learned was the recognition of one’s own limitations, by having the humility and the self-awareness to not stand in the way of what’s needed to build a real business and grow.
Shah explains that, as a company founder, you may not be the best person to lead a company through each phase. We’ve written about this here. In the video, Shah recalls the decision to hire an executive as the turning point to building RMS into the world’s leading provider of software, services, and expertise for the quantification and management of catastrophe risk.