Nik Storonsky, founder of Revolut, shared bold and controversial views in his recent podcast. He talked about hiring, work-life balance, and the challenges of scaling a global business. His words hit close to home for me as an entrepreneur, and I’d like to share my take on some of the points he raised.
Nik has a straightforward rule: hire "self-guided missiles." These are people who set their own goals, execute flawlessly, and deliver results without needing much guidance. If they don’t prove themselves in three months, they’re not the right fit.
I fully agree with this. Finding such people is hard, but it’s possible. I’ve had the chance to work with individuals like this, and they are game-changers for any team. However, identifying them takes time and effort. Hiring isn’t just about interviews; it’s about spotting that rare mix of independence and drive. When you find them, they’re worth every moment spent searching.
Nik’s take on balance is simple: it’s not for everyone. He believes success comes from sacrifice and imbalance. To win in the "big sport" of business, you need to focus 100% on your goals, even if it means giving up other parts of life.
I tend to agree with him. It’s not a lifestyle that suits everyone, but it’s the reality of competing at the highest level. Building something impactful requires this kind of focus. If you’re willing to embrace it, the rewards can be extraordinary.
Revolut wants to be the #1 fintech player in 40 markets with 30 million active users by 2027. That’s ambitious, and I respect it. Their product quality and speed of execution are inspiring. Scaling globally isn’t easy—it requires navigating different cultures, regulations, and markets. But their progress so far shows they know how to execute. When I hear goals like this, I feel motivated. Ambition, when paired with execution, is a force that can move mountains.
Nik mentioned biotech and genetics as industries he’d like to explore. It reminded me of Walter Isaacson’s biography of Steve Jobs, where Jobs predicted these fields would drive the next breakthroughs. I couldn’t help but wonder: has Nik read that book?
If I had the chance to explore a completely new field, I’d choose something similar. These areas promise innovation that could change the world, and I believe the next big thing will come from there.
When asked why he does what he does, Nik’s answer was simple: “What else is there to do?” His mindset resonated with me. Success isn’t always about passion; sometimes it’s about the need to keep moving forward. It’s the thrill of building, solving problems, and creating something new that keeps us going. And yes, it’s enough.
Listening to Nik’s podcast made me reflect on my own journey. His approach to hiring, work-life balance, and ambition is sharp, clear, and unapologetic. These are lessons every entrepreneur should think about, even if they don’t agree with everything.
What do you think about Nik’s ideas? Would you embrace an imbalanced life for the sake of success? Let me know in the comments. Let’s discuss!