The dynamics of entrepreneurship and leadership have changed significantly over the years. The traditional leadership model is no more relevant in today’s world. The new generation entering the workforce demands and expects several factors—besides monetary compensations—from the leadership. Thus, leaders have to be able to find out what motivates the new generation. Moreover, as a majority of companies are public companies, the entire workplace now operates in a fully transparent atmosphere—meaning that the curtain can be pulled back at any time.
While some leaders seamlessly adapt to this new norm, some struggle to cope with these changes. Advising leaders on how to survive and thrive during these changes, Brian J. Esposito (Founder and CEO of Esposito Intellectual Enterprises) states, “It is very important that leaders are always operating at the best version of themselves as their actions, decisions, statements, reactions, or opinions not only put their family name at risk, but also the brands, employees, stakeholders, and investors they have a fiduciary duty to protect.” With his extensive experience and zeal to persevere, Brian has successfully led the company to become one of the best in the industry.
An Eminent Career
Brian is an award-winning serial entrepreneur and business leader. He was recently renowned for being a core part of an innovative team to build Nodle—the world’s largest wireless network and ecosystem of connected devices—and for one of his former businesses that received accolades as one of the fastest-growing companies. He has received numerous other awards and recognitions throughout his eminent career.
Over the past two years, Brian has participated in over 40 podcasts, website panels, webinars, live interviews, business journals, and TV interviews—where he has shared his successful journey. With a technique that he spent years perfecting, Brian works very hard to connect not only the right people but the right people at the right time. “Integrity is at the core of who we are and what we do at EIE. We strive to do good business with good people,” he asserts.
Creating Value within Holdings
Esposito Intellectual Enterprises is an industry agnostic holding company with over 65 entities and over 150 joint ventures around the world within it. The entire model has been developed to create value within holdings by working together as a machine, as well as to be able to drop any new entity, product, solution, and technology into the ecosystem to create real tangible assets, new revenues, and opportunities as per the market demand.
This ecosystem is built upon 20 years of non-stop work of building relationships, companies, and partnerships that continue to be cherished and nourished. EIE is excited about the future, the markets it is involved with, and is prepared to handle any issue or problem. Brian mentions that the company is surrounded by best-in-breed professionals and leaders, as well as very important and top-rated accounting, private, security, legal, compliance, and other third-party firms that help protect and support its portfolio.
The Go-to Person
“I have always loved being the go-to person on whatever needs to be done, and I still hold that role and title proudly,” says Brian. Solution, strategy, and connection have always been his prominent strengths. For that, it is imperative for him to push himself out there, meet new people, and learn about new technologies, solutions, or products as well as the market demands. These factors allow EIE to always add new value to its current and future holdings. They also ensure that the company’s time is being used wisely on business ideas or models that make money, create positive cash flow, and are valued at sustainable positive earnings.
Combating the Challenges
Any successful business has to combat several challenges, hurdles, and setbacks. Brian mentions that it is extremely important for businesses to not get weighed down by the challenges and focus too much time or energy on them. Instead, companies should ensure to use their time, resources, and energy on quickly overcoming the challenges, recognizing market opportunities, and creating new technologies, products, solutions, and services. “The most important part of the idea of challenges is to first know, nobody is immune to them, and second be smart enough to know how to avoid them,” states Brian.
Thriving amidst the Crisis
The COVID-19 pandemic did not affect EIE’s work, efforts, and momentum. “I have been used to problems throughout most of my personal and professional career, and this was just that, another problem,” says Brian. Courtesy of the ecosystem created by Brian as well as the access and resources across different industries, EIE quickly adapted and created products, solutions, IP, and technologies according to the market need. The company got them into the market and handed them to consumers and businesses as quickly and correctly as possible.
EIE is lean and mean and has exceptional management leading these holdings—as well as has tremendous resources and support to ensure they have all the necessary tools to survive, thrive, and grow. The tough decisions taken by Brian a long time ago allowed him to stay positive throughout the crisis. Some of these decisions were eliminating people from his inner circle, having the best legal, accounting, compliance, and private security to ensure that protection from the core and all holdings have the right support and resources behind it.
Brian believes that 2021 will be like any other year for Esposito Intellectual Enterprises. “This will include smart growth where we are appreciating the small wins and creating self-worth, not only for myself but all the wonderful people involved in this journey with me. Your health is your wealth, do what you love, and the money will follow,” concludes Brian.
The “Life Lesson Quote”
Read full issue: The Top 10 Perseverant Entrepreneurs, 2021