What Motivated this CEO to Relinquish Control and Agree with a Merger?
By Sean Si
Isaac Sabas Part 2 From being someone that calls the shots to becoming a Vice President, what are some of the biggest lessons that you’ve realized so far? How has the transition been?One of the nicest things that happened was that Isaac built up trust with his partners. The trust was, in a sense, a deep understanding of one another. That both of them were on the same page, particularly in their commitment to reach and attain their goals.Isaac also realized how important communication is. Messages must be clear. Everyone needs to make sure that they’re on the same page. There’s also the significance of having time to just discuss and see what options are available and hear the opinions of the others.Isaac, as a first-time founder-turned-Vice President, treats all of this as a learning experience. He enjoys the journey, but he also keeps himself grounded. Most of the things around him are moving too fast, and sometimes, he needs to stop and take in everything meticulously just to keep up.Another lesson that Isaac learned was that people have to accept that there is a lot of pain. Having this kind of mindset will allow people to be responsive to these changes and adapt and eventually make the right decisions moving forward.All of this was happening while even more were happening in the background. Isaac Sabas has recently been married, is going to be a father soon, and is in the process of moving to a new home. He is also investing in several new startups as well. Can you share a few leadership lessons that you learned along the way?Isaac also shared a point in decision-making. For you to not regret a decision or make others feel bad about it, is that you should always allow logic to win the argument. You also want your management team to be vocal and be able to share their insights and thoughts.Having that environment where logic and data win allows two things. First, it makes your team better at thinking; and second, your team will trust you more.Another lesson that Isaac learned was that being a CEO doesn’t necessarily mean that you’re the top guy. He would always head into the office and ask what problems he can solve daily.Through servant-leadership, Isaac prioritizes serving his employees to help them grow which directly leads to the whole company grow. How are you able to juggle all of these things together?For the first question, the number one point that Isaac mentioned is to make sure that you marry the right person. Bear in mind that one of the biggest decisions that you have to make is whether or not you will choose to marry someone. For Isaac, his wife is his biggest blessing. When you’re sure that you and your significant other see eye-to-eye on the important things, then you’ll know that you’ve got yourself a keeper. It’s also one of the reasons why Isaac was able to juggle everything that was happening in his life.In a survey talking about the similarities of the top millionaires in the world, the 4th point is having a supportive spouse. Much like me, Isaac is someone who loves to brainstorm ideas and innovation, and much like my wife, his wife is the one who keeps Isaac grounded. There may be healthy conflicts now and again, but at the end of the day, everything balances out. It’s our spouses that bring the best out of us and always keep us aligned with our goals. Was the merger sort of a lopsided decision where you had too many pros and too little cons or was it a 50-50 chance?As Isaac weighed the pros and cons of the merger, he believes that all of his planning and theorizing led to a 60-40 spread, leaning towards the merger. The 40% was mainly because the nature of the merger was high risk and high retSupport the show (https://tribe.leadershipstack.com/)