Lazarus is brutally honest about how points like this will kill a startup. Savvy business owners are able to understand their own limitations and hire professionals to fulfill the areas where they aren't going to be up to par. Lazarus is able to bring in the outside perspective that looks objectively at where tasks are getting off-target or where gaps exist in the processes. Yet, many entrepreneurs try to wear all the hats-and end up doing some of the jobs very poorly or very slowly. The average entrepreneur simply isn't skilled or knowledgeable enough to do every task for the organization. Luke Lazarus helps these entrepreneurs find direction so their work can be streamlined and more effective. The problem is that many business owners are killing themselves without enough focus on the right places. It isn't unusual for entrepreneurs to put in 10-15 hour workdays. This unique approach has helped a lot of startups achieve more is shorter amounts of time. His approach to start with the emotional connection was coupled with a strong focus on solid data analysis systems and problem solving. Lazarus believes that the emotional connection between the customers and stakeholders is a key part of a startup's success. He chose to give back to the business community by offering support to those who were creating startups. They were all sold for the kind of impressive profit that could put someone like Lazarus on an island, living in comfort for the rest of his life.īut Lazarus was ready to move on to something with even more intrinsic value-he wanted to help other business owners. The four startups he created in 10 years after school were all highly successful. Giving Back to the CommunityĪfter school, he was able to return back to his true love-creating and running businesses. He graduated from Melbourne Business School with a master's degree is business administration. While Lazarus was recruited by a number of Ivy League schools, his top choice became the school close to his heart and home-Melbourne. After a successful high school career as an athlete and academic star, Lazarus had a wide range of colleges looking to bring him into their programs. He got very high grades and excelled in sports from early on. He was only eight years old when he started his first business. The rise of Luke Lazarus didn't start after college-it really started when he was just a child. As a consultant, Lazarus can use his own knowledge of innovative entrepreneurship and help others survive the intensely competitive environment. Most people would probably say it's crazy to give up making millions with personal business success and shift over to a form of teaching, but that is exactly what Luke Lazarus did. He wanted to help other entrepreneurs do the same thing. But, the serial entrepreneur wanted to move past the four startups he had successfully sold for a large profit. He had already earned, invested and saved enough money that he could have retired and lived out his days in luxury. By the age of 35, Luke Lazarus no longer needed to work.
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