41: The Power of Focus - Nicholas 'Charles Tyrwhitt' Wheeler, OBE
Play episode · 54 min

The Founder of Charles Tyrwhitt shirts, Nicholas Wheeler OBE, discusses his various successes and failures from childhood to the present day. We find out how to have good ideas and bad ideas and the key to making them successful.


Charles Tyrwhitt is now a ~$0.3 billion company which he started from nothing. The story of zero to 1 million is always interesting. But the further stories of going from 1 to 10 and 10 to 100 provide incredible depth and insights into how to focus and be persistent.

Insights

  • People would often do stuff because they were told to do it. Work because you want to do it. Love what you do.

  • Top leaders can provide the framework and tools for a team, but the game is won on the playing field. When a strategy looks brilliant, it’s because of the quality of execution.

  • In starting a business, you have to give the quality your target market would normally want.

  • Fail fast so that you could pivot.

  • You decide what you’re good at and do that. Decide what your core strength is.

  • If you want to do something well, focus on one thing and do it well.

  • Entrepreneurs tend to sell out easily in hopes to make it faster. Enjoy and learn from the Grind.

  • It’s always not about the money. The unhappiest people are those who make a lot of money because you need to be striving for something to which if you suddenly get there, it destroys a lot of people.

NICHOLAS AND CHARLES TYRWHITT

Connect on LinkedIn

Charles Tyrwhitt company website


ABOUT THE HOST

My name is Sam Harris. I am a British entrepreneur, investor and explorer. From hitchhiking across Kazakstan to programming AI doctors I am always pushing myself in the spirit of curiosity and Growth. My background is in Biology and Psychology with a passion for improving the world and human behaviour. I have built and sold companies from an early age and love coming up with unique ways to make life more enjoyable and meaningful.

Sam:

Instagram
Quora
Twitter
LinkedIn

Sam's blog - SamWebsterHarris.com
Support the Show - Patreon


EPISODE SUMMARY

At a young age, Nicholas always had ambitions to run his own business. He started a photography business to commemorate the precious memories and reminders of people dear to someone. He was inclined to the business idea of import-export because he had a feeling that this could be a good way to grow a business.

Do stuff because you really want to do it, and not because you’re told to do it.

Always wanting to be in control of his destiny and start his own business, Nicholas cites execution as a “big thing.” Start with execution and subsequently define your strategy. You don’t want to be the leader who overpromises only to under-deliver. Prioritizing execution requires you to think of your business strategy a living, evolving entity, meaning you’ll routinely revisit, reanalyze and make updates based on how things are going in real-time.

The idea is not the big thing. It’s always about execution. You look around a room and there are a 101 business ideas in any room. You just got to do it better than anybody else. Better quality, better value, better sale.

Through traveling, Nicholas was able to start a shoe business. As he garnered clients, Nicholas had to manufacture his products internationally because of the quality he deemed fit for his business. After experiencing business lessons, Nicholas turned to “Charles Tyrwhitt,” a menswear clothing line built to last. He mentioned that when starting a business, the first couple of years should all be about learning your customers, your product and your business. He has given recognition on the times when his business would try to go do more things for growth, to which it has cost them setbacks. Charles Tyrwhitt improved in time especially with the development of the internet.

When the internet did come along, I knew it was going to be very important for the business. It changed mail order from the down and dirty to being quite sexy.

Nicholas points out that the key to every business’s success is focusing on the things that one is good at. The key to success might be focus, but don’t forget to believe in your dreams. Success is limitless when Focus is the driver and never take your mind off your dreams.

You don’t just think it’s going to work, you know it is going to work. When you’re bored, you tend to lose focus. Just be mature on focusing on the one thing and be the best for you to get a business working. Focus is an incredible part of success.

Nicholas took the time to invest himself in taking more work than they can handle rather than delegating tasks to his employees. As a humble leader, he appreciates the strengths of each employee and trusts them to do effective work to help move the company forward. He also mentions seeking feedback to improve processes, company culture and other areas of the business.

I have never thought that I am the best person to run the business. I have always felt that other people could run the business better. I want to be with people who are going to be fun, people who can be uplifting. You got to have that positive mental attitude.

Our guest’s goal has always been to make Charles Tyrwhitt the best shirt company in the world. Don’t get discouraged if you can’t define your essence this instant. This is often a long process that happens in fits and starts. Be patient, and let the answers come organically.

As you get more experience and as you get exposed to more wisdom, you become a better judger at people… You got to understand the essence of your business, and what is it the people will like and not like about it.


TOP TIPS

BE HUMBLE

Nick is very humble and accepting of his mistakes. He would often start with comments such as ’this has been said before i’m not a genius for thinking it’ or ‘this is what i think but sure it’s not always the case.’

Which doesn’t undermine his thoughts exactly it just shows he is open to being challenged or that there could be other opinions that are right.

He is completely open to being wrong and actively encourages his employees to challenge him and the authority across the organisation to ensure that people have a say in decisions and understand why things are the way they are or have the power to change them

FOCUS - PERSEVERANCE

Don’t quit when starting. Finding traction and getting things going takes time to become and expert at what you do and understand who your customer is and how to serve them. the world doesn’t just stop and buy into your idea when you launch, so you shouldn’t just give up.

And then when you’ve finally solved a problem don’t quit. zero to 10 is the hardest thing. 10 to 100 is much easier yet so many people do quit

Don’t lose attention and try other things because you’ll just mess up what you are doing.

Awesome notes provided by Aditya Behere!

DON’T BE AFRAID TO BREAK THE MOULD

For a “traditional business” Nick hasn’t done anything traditionally. He didn’t take financing or find a business partner. he launched at the time a very innovative business model and ignored all his friends telling him to get a real job and give up on the mail order shirt thing.

In hindsight, it might all seem quite easy but at the time it takes real courage to be different. Sometimes you have to zag when everyone is zigging and have the courage to do something everyone thinks is stupid.

Key Discussion Points

[2:50] First business idea

[6:01] Business Execution

[11:30] Importance of starting a business

[22:28] Focus as a key to growing

[28:16] Learning on how to improve the mindset on dealing with problems

[35:44] Signs Nicholas look for from people

[40:26] Advantages of having a wife that has a similar business


BOOKS

Get any of the books free on audible

DAMAGED GOODS - THE INSIDE STORY OF SIR PHILLIP GREEN, AND THE COLLAPSE OF BHS, AND THE DEATH OF THE HIGH STREET - OLIVER SHAH
Sir Philip Green was once hailed one of Britain's best businessmen. As chairman of Arcadia Group, home to brands such as Topshop, Dorothy Perkins and Miss Selfridge, Green had prime ministers and supermodels on speed dial. But the retail magnate's reputation came crashing down when Oliver Shah, a Sunday Times journalist, uncovered the methods Green used to amass his gigantic offshore fortune, and the desperation that drove his doomed BHS deal.

Subscribe!

If you enjoyed the podcast please subscribe and rate it. And of course, share with your friends!

Special Guest: Nicholas Wheeler.

Support Growth Mindset Podcast

The 5 AM Miracle with Jeff Sanders
The 5 AM Miracle with Jeff Sanders
Jeff Sanders
Distraction-Free Writing with Freewrite Founder Adam Leeb
Episode Show Notes jeffsanders.com/364 . Learn More About the Show The 5 AM Miracle Podcast . Free Productivity Resources Join The 5 AM Club! . The 5 AM Miracle Book Audiobook, Paperback, and Kindle . Connect on Social Media Facebook Group • Instagram • Twitter • LinkedIn . Episode Summary What if You Could Just Write … Without Distractions? I have published 2 books and written hundreds of articles, and yet blocking distractions while writing has always been an issue for me. I fight the urge to not-write so many times that I have to get creative to force myself to just sit and write. That’s why I’m so excited about a new device that can radically improve productivity by eliminating distractions at the source. In this week’s episode of The 5 AM Miracle Podcast I speak with Adam Leeb, co-founder of Freewrite, about how we can all optimize our ability to do what we need to do — any nothing else. . Resources Mentioned in this Episode Calm [Free month of your first year] Swanson Vitamins [Get 20% off and free shipping on orders $50+ with code HEALTHY20] Right Side Up [Free week of service after your first quarter of engagement] Focus@Will [Start your 2-week free trial] Adam Leeb [Adam’s website] Astrohaus [Adam’s company] Freewrite [Distraction-free writing tool] Freewrite Traveler [Smaller travel version of the original Freewrite] Logitech G600 MMO Gaming Mouse [Computer mouse that Adam uses] ThinkPad TrackPoint Keyboard II [Computer keyboard that Adam uses] . Adam Leeb Adam Leeb is an award-winning product designer and mechanical engineer (MIT ’07) originally hailing from the burbs of Detroit, MI. He is obsessed with product design especially in relation to user experience and user interaction. Currently, Adam spends most of his energy as a co-founder at Astrohaus in Detroit, Michigan. In his role there, he ideated, designed, launched, and saw through to mass production the Freewrite distraction-free writing tool. Prior to Astrohaus, Adam founded SunDaily, a nutritional supplement brand focused on Vitamin D and new formulas for the modern desk-worker looking for better performance. Adam started his career on Wall Street working in a variety of roles at Macquarie Bank. He operated as an investment banker, private equity professional, lender, and structured commodities finance provider.
48 min
THE BRENDON SHOW
THE BRENDON SHOW
Brendon Burchard
Don't Get Distracted
If you have a dream, chances are you've had moments where you felt completely on track, and other times where you've felt lost or distracted. In this episode, learn how to actively create productive outputs that matter, so you can create the tangible goals you set out to achieve. “Realize when you're lost in too much learning or busywork at the expense of being on the path to progress.” If you’d like to spend more time focusing on the activities that matter, this episode is for you! Get our HPX Supplement HERE: hpxwellness.com Get your High Performance Planner HERE: highperformanceplanner.com/ For more visit: HPXLIFE.com For more training on high performance, at a deeper and more interactive level, join us in High Performance Monthly training program. It's my monthly subscription training program where I go LIVE every month, training you on a new topic or piece of research from High Performance Institute as well as providing LIVE coaching! If you like this, you'll LOVE that. Subscribe at https://Brendon.com/monthly Subscribe to my YouTube vlog. New episodes (almost) weekly. Join 2 million subscribers on my weekly newsletter, FOUR BREAKTHROUGHS. Get a free copy of my book High Performance Habits (I bought it for you, you just pay your shipping). Follow me on Instagram. ABOUT: Brendon Burchard is the world’s leading high performance coach and one of the most-watched, quoted and followed personal development trainers in history. He is also a #1 New York Times bestselling author and in the Top 100 Most Followed Public Figures on Facebook, with over 10 million fans across his pages. O, The Oprah Magazine, and Success Magazine have both named him one of the most influential leaders in personal growth and achievement. Brendon's videos have been viewed more than 200 million times, and 2 million students have completed his personal development online courses and video series. He's created 13 blockbuster online courses, including the most popular motivation, confidence, and habits online video courses of all time. For these results, Success Magazine featured him on its cover, and Oprah.com named him “one of the most successful online trainers in history.” A #1 New York Times, #1 Wall Street Journal, and #1 USA Today best-selling author, his books include High Performance Habits, The Motivation Manifesto, The Charge, The Millionaire Messenger, and Life’s Golden Ticket. Meet him at Brendon.com
20 min
The Art of Charm
The Art of Charm
The Art of Charm
Geoff Woods | Why Discipline is a Lie & The Billion Dollar Secret to Achieving Your Goals Faster
In today’s episode, we cover prioritization with Geoff Woods. Geoff is the Vice President of The ONE Thing and the host of The ONE Thing podcast which is in the top 5% of all podcasts in the world.   Many of us get distracted by everything we think we have to do and all the directions other people pull us in, but if we let all of those things consume our time, we’ll never get to where we want to be, so how do you figure out what you need to do and accomplish your dreams?   What to Listen For What is the one thing behind extraordinary results and how can you find out what your ONE thing is? What framework can you use to figure out what to focus your time and energy on? How do you narrow down a to-do list to figure out what the most important items are? What can you do to stay disciplined and focused on the important tasks in your personal and professional lives? How do you build more discipline? How do you improve different areas of your life if you’re only focusing on one thing at a time? How do you set goals that pull you toward them? What can you do to strengthen your willpower and use it in a meaningful way? What is the value in finding a coach to help you achieve your goals and dreams?   Multitasking has been scientifically proven to be less effective than focusing on one task at a time. However, focusing on the wrong tasks one at a time will also be ineffective. First, we must come up with a clear vision of what we want, and then drill down to the smallest tasks we can accomplish on a daily and weekly basis. This way we are able to track our progress toward the long term goal while also prioritizing the important tasks over less important tasks that might get thrown our way everyday.   A Word From Our Sponsors Share your vulnerabilities, victories, and questions in our 17,000-member private Facebook group at theartofcharm.com/challenge. This is a unique opportunity where everyone — both men and women — celebrate your accountability on the way to becoming the best version of yourself. Register today here!   Resources from this Episode The ONE Thing book The ONE Thing website The ONE Thing podcast  Your 411 Worksheet   Check in with AJ and Johnny! AJ on Instagram Johnny on Instagram The Art of Charm on Instagram The Art of Charm on YouTube See omnystudio.com/listener for privacy information.
55 min
How to Be Awesome at Your Job
How to Be Awesome at Your Job
Pete Mockaitis
617: Enhancing Your Productivity by Managing Your Mental Energy with David Kadavy
David Kadavy explains how to harness your mental energy to improve your productivity.  — YOU’LL LEARN —  1) How our obsession with time management hurts us  2) Three questions to ask to get more work done  3) How to easily shift to the optimal mental state for work  Subscribe or visit AwesomeAtYourJob.com/ep617 for clickable versions of the links below.  — ABOUT DAVID —  David Kadavy is a bestselling author, blogger, podcaster, and speaker. Through his blogging at kadavy.net and his podcast, Love Your Work, he helps people find satisfaction through following their crafts, even if it takes them down unconventional paths. David's writing has appeared in Quartz, Observer, Inc.com, The Huffington Post, McSweeny's Internet Tendency, and Upworthy. He has spoken in eight countries, including appearances at SXSW at TEDx. He lives in Medellín, Colombia.  • David’s book: Mind Management, Not Time Management: Productivity When Creativity Matters  • David’s book: The Heart to Start: Stop Procrastinating & Start Creating  • David’s Twitter: @kadavy  — RESOURCES MENTIONED IN THE SHOW —  • App: Todoist  • Plugin: Boomerang  • Product: AlphaSmart NEO  • Publication: Neuron  • Book: The Eureka Factor: Aha Moments, Creative Insight, and the Brain by John Kounios and Mark Beeman  • Book: The Art of Learning: A Journey in the Pursuit of Excellence by Josh Waitzkin  • Book: The Black Swan: Second Edition: The Impact of the Highly Improbable: With a new section: "On Robustness and Fragility (Incerto) by Nassim Nicholas Taleb  • Previous episode: 052: Mind Management for Productivity with David Kadavy  • Previous episode: 063: The Optimal Time For Everything with Dr. Michael Breus  — THANK YOU SPONSORS! —  • Pitney Bowes. Simplify your shipping while saving money. Get a free 30-day trial and 10-lb shipping scale at pb.com/AWESOME.
50 min
The Tony Robbins Podcast
The Tony Robbins Podcast
Tony Robbins
Continuing the Conversation for Healing and Unity | (Part 2) Taking a stand against injustice and creating real change
“Let’s create not only some healing here but some real change. … Change is automatic, but progress is not. And so this is a conversation today to see if we can create some progress. … What this is really about is getting to what we can do to tap into unity, and love, and compassion, and connection to one another. What can we do to move forward?” – Tony Robbins It’s been over three months since the death of George Floyd, the unarmed, 46-year-old black man, who was unconscionably killed by police in broad daylight during an arrest in Minneapolis. Captured on cell-phone video and amplified in the media, the whole world witnessed his horrific death, and it has reignited a centuries-long conversation around race supremacy in the United States and the injustice that African Americans can face. The aftermath of George Floyd’s death — and combined stacking of others like Breonna Taylor, Ahmaud Arbery, Trayvon Martin, Eric Garner, and most recently the shooting of Jacob Blake in Kenosha, Wis. — has brought this nation to a threshold. With thousands of people around the world in grief, humanity is speaking loud and clear: enough is enough, the time is now to create real change rooted in our nation’s foundation of ‘justice for all.’ Beyond change, we need progress. As Tony said in the first episode of this special two-part podcast series, change is automatic – but progress is not. The conversation continues. In this 2-hour episode, Tony hosts a panel of five unique, multi-generational leaders who share their experience of what it is to be Black in America and lend their voice to what we, as a unified society, need to listen to and hear, to unite, to make progress, and ultimately to tap into love, compassion, and our deep connection to one another. “If love is not yet won, the battle is not yet over.” – Martin Luther King III Part 2 Guests: Charlamagne tha God (Radio show host, author, influencer) Rev. Jesse Jackson (Civil rights activist, former aide to Martin Luther King, Jr.) Barbara Becnel (Journalist, film producer, prison reform advocate) Van Jones (Author, television host) Derrick Johnson (President and CEO of the NAACP)
1 hr 57 min
More episodes
Search
Clear search
Close search
Google apps
Main menu