As the leader of a company, you are there to set an example, to lead and inspire a team of individuals to achieve a series of business goals. But how do these business leaders go about their daily routine?
Business Leader spoke to Luke Davis, CEO & founder of IW Capital about his working day.
What time do you usually wake up?
I normally get up around 5:30 am in order to commute to London or to fit in a gym session when I can – or at least this was the case prior to lockdown, but my wake up time has remained pretty early anyway.
What do you typically have for breakfast?
I usually have something like Weetabix or whatever my son’s having really, as is usually the easiest thing to do in the mornings.
What is the rest of your morning routine before you start work?
Work normally starts as soon as I wake up but during lockdown I’ve been trying to get down to the seafront and walk around Rockwater as much as possible, as a nice way to start my day and clear mind before I really get going.
What is the first thing you do at the start of the workday?
I check and respond to any emails that have come in overnight, and then I speak to my business partners and team leaders to set the agenda for the day ahead.
How do you prioritise your work?
If I’m being honest, by the people who are shouting at me the loudest. It sounds ridiculous but with so many things going on this seems to work for me.
Do you plan meetings or are they a waste of time?
I feel that most of them are a waste of time but they are important as you never quite know which one of them is going to be the important one – especially meeting founders and making investment decisions where finding good people is important. Zoom has made it easier and more necessary to stay in touch and has allowed me to fit more in throughout the day.
When does your working day finish?
When my eyes close – whether it be emails, social media, meetings for tomorrow or what is coming up – owning your own business means there’s no definitive start or finish.
How do you prepare for your next day’s work?
I typically look at my calendar ahead of time and have it in at least the back of my mind.
What is your favourite piece of technology?
Ubamarket and NOMM – this is a great piece of future facing technology that has meant that pubs and shops have been able to operate safely and in line with restrictions. It’s meant that our pub Rockwater has been able to shift to home delivery and means that we’ve been able to keep some employees working rather than putting them on furlough. This is exactly the kind of thing I look for when we invest in companies, something that works and that will clearly make a difference.
How do you switch off?
I enjoy sitting and watching TV after a long day. Before lockdown, I was trying to get out and in the gym as much as possible, whether that be boxing or playing tennis, but at the moment with the restrictions in place, it’s easier to just sit back and put something on. Right now I have been watching Succession, which is a great series to unwind to.
Best piece of advice you have ever received?
The best piece of advice I have received is to understand that everyone – including you – has faults, so it’s important to hire people that can cover your blind spots.