Philip Bahoshy, CEO of MAGNiTT
How do you describe yourself?
I am driven, ambitious, and generous to the people I’m close to, but impatient and hungry for success.
What’s your greatest achievement in life?
Setting up a brand new business alone. It has been the greatest challenge and achievement simultaneously, with a large number of lessons learned along the way.
What’s your greatest fear?
Rejection – but as an entrepreneur, this has become something to embrace and use as a source of energy and drive to succeed.
What is the single largest problem facing your industry today?
Access to funding. At all levels of development startups across the ecosystem are being starved of access to the capital needed to help them grow.
What do you enjoy the most about working at your company?
Creating impact through data. Our goal is to create transparency for stakeholders, helping them to make informed decisions, which in turns leads to impactful and meaningful change.
What virtue do you admire most in other people?
The ability to overcome adversity! I am in awe of people that confront challenges and take pleasure in success when the odds are against them.
What do you think are the most important attributes of successful people?
Determination, perseverance and a thick skin. To be successful, you need a lot of self-belief and the willingness to overcome all challenges and to take the punches along the way.
What’s the one productivity tip you wish everyone else knew?
To help me sleep well at night, I put my phone in another room far out of arms reach. A good night sleep sets you up for a productive next day.
How do you make decisions?
I am a big believer in listening to others, whether they be customers, investors or advisors. I will canvass opinion but then take a decision and stick to it without hesitation.