09: The Fear of Failure Drove Me with Matt Clark

2020-09-01

In this episode, I interview Matt Clark, the president and CEO of Corcentric — a Fintech company that helps companies to purchase, pay and get paid. We talk about Matt’s origin story, his successes, his setbacks, and how he overcame them. Why Corcentric implemented EOS and their “Traction experience.” Time Stamps [01:15] How Matt learnt the ins-and-outs of running a business by watching his dad, a serial entrepreneur [04:26] Corcentric’s size differentials when Matt took over and Corcentric’...

Time Stamps

[01:15] How Matt learnt the ins-and-outs of running a business by watching his dad, a serial entrepreneur

[04:26] Corcentric’s size differentials when Matt took over and Corcentric’s subsequent development into a steady growth business, and eventually a successful tech business

[06:58] The main difference between running a traditional business versus a tech business. How the shaping of Matt’s mentality by both types of business contributed to Corcentric’s success

[09:42] Matt’s greatest successes and the efforts and challenges related to those successes

[12:52] How Matt’s fear of failure drives his success and eliminates doubt

[14:29] Matt describes the potent fear that he experienced after landing the Daimler account

[15:59] Matt’s primary failures, and the lessons that he learnt from them

[17:09] The people who inspired Matt and why

[19:46] The lessons that Matt learnt from his father’s response towards their family’s bankruptcy

[23:18] How Matt discovered the entrepreneurial operating system (EOS) and why he decided to implement it

[26:09] How EOS accelerated the Concentric-Ameriquest merger, and made the merger more seamless

[27:44] The EOS principle which stands out to Matt. How the principle of “rocks” helped Corcentric.

[30:03] The gaps in EOS which Matt had to supplement for the sake of Corcentric’s development

[32:20] Advice that Matt would give to a past version of himself

[34:55] How to contact Matt