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Forge AheadThought Leadership

Three Powerful Lessons for Entrepreneurs from PandaDoc CEO Mikita Mikado

By September 29, 2021October 1st, 2021No Comments
mikita mikado CEO for velocity global forge ahead podcast

From immigrating to the United States as a young adult to building a 700-person company in under a decade, Mikita Mikado’s life experiences taught him how to forge success from trial and error.

As co-founder and CEO of PandaDoc, a software provider, Mikita learned how to grow a wildly successful company the right way—often through challenging circumstances.

Recently, we spoke with Mikita on the Forge Ahead podcast about his triumphs and struggles as a young entrepreneur and what advice he would give to up-and-coming business leaders.

1. Be Patient

Above all else, entrepreneurs should be humble and patient.

While discontentment can often fuel your passion, you shouldn’t allow frustration to rule every action or decision you make. Oftentimes, decisions made out of frustration lead to more wasted time, money, and resources.

According to Mikita, “The key is to be frustrated and patient about different things and choose the correct things to be frustrated about and patient about. Can you be frustrated and patient about the same thing? Yeah, of course.”

Entrepreneurs can accomplish more if they cultivate patience in their decision-making process.

2. Leverage Vulnerability to Drive Growth

Rather than let fears and insecurities paralyze you, allow them to motivate you to learn and fine-tune your skills.

Mikita says, “Whenever you have that realization, you try to dig. Where are you lacking? And once you determine that, you try to upskill, up-level, and sometimes you can do that fast enough. Sometimes you can’t. You need outside help, and you try to bring it in any way you can.”

Learn from your past, and look to others in your industry who can offer wisdom. Don’t be afraid to ask for help from those who are further along in their careers.

3. Keep Climbing

The constant chase for perfection is a normal, yet impossible goal to reach. Embrace a mindset of continuous learning and improvement to drive innovation and growth. Even when the goals change and the summit seems unattainable, keep climbing.

Mikita explains, “At some point, I came to a realization that I am so far behind from the ‘know-it-all’ summit, and actually, as long as the company is growing fast enough, I will never reach that summit. And that’s okay, of course, as long as I keep climbing, and as long as I do my best to climb fast enough.”

Remain consistent with your work and prioritize small improvements along the way. This mindset will push you closer and closer to success.

Continue the Climb

Entrepreneurship comes with unique yet rewarding challenges. All you have to do is open your mind to new ideas, insert patience in your decision-making process, and constantly strive for growth.

Visit the Forge Ahead homepage to hear the entire podcast with Mikita Mikado.