Summary of Matt Owings’ leadership interview
- Leadership Mentor/Role Model: Matt’s father was his main leadership mentor. He instilled strong values in him, particularly the importance of treating others well and prioritizing people over himself.
- Surprise About Leadership Role: He was surprised by how much people depend on him, not just employees but also their families. Employees look to the CEO for stability and opportunities to support their livelihoods.
- Biggest Leadership Lesson Learned: Leadership is not about the leader but about the people. His role is to provide opportunities for employees to use their talents, grow as individuals, and become better leaders.
- Best Leadership Decision: Choosing not to let anyone go during COVID-19, despite financial challenges. He knew he would need his team when the economy recovered, so the company reduced its margins to keep everyone employed.
- Worst Business Decision: Not one specific decision, but a general tendency to micromanage instead of stepping back and allowing his team to do what they do best. He recognizes that leaders can sometimes stifle their own employees’ potential.
- Excitement About the Future of the Company: He is excited about the strong team and shared mission at Next Day Dumpsters. Despite challenges, there is a positive energy within the company, and he believes they will overcome obstacles and succeed.
- Advice for Aspiring Entrepreneurs: Just do it. Don’t fear failure—expect it when you least expect it. Success often comes from unexpected places, just as Next Day Dumpsters did for him. Though he hadn’t planned on starting the business, it became his most successful company after 17 years.