I had the pleasure of sitting down with serial entrepreneur and investor, Itzhak Fisher, for an interview. Itzhak is Founder and General Partner of Pereg Ventures, a Nielsen backed private equity fund. He also served as Executive Vice President, Global Business Development for Nielsen.
Itzhak has a long track record creating new companies and developing them into operationally excellent businesses. As Co-founder and Chairman of Trendum, he took the technologies of this small internet data mining company joined them with VNU, Intelliseek and BuzzMetrics, and sold the new entity to the Nielsen company. In the nineties, Itzhak founded and headed RSL Communications (NASDAQ: RSLC) a Telco company operating in over 20 countries across four continents with over $1.5 billion in revenues.
In our talk, Itzhak opened up about the most important lessons he’s learned on leadership, business and investing.
Every great executive seeks out mentorship. Itzhak Fisher’s mentor just happens to be one of the most influential leaders in the world.
Itzhak also talked candidly about an early business failure. After that experience, he made one rule for himself that he follows to this day. Here it is, straight from the horse’s mouth (he invested in a horse farm).
Itzhak is a world-class leader, and he’s wise enough to know that when it comes to hiring and investing — the last thing he wants to be is the smartest person in the room.
A bonus from my conversation with Itzhak was learning about his history and his vision for the future. It was humbling to learn about his heritage as the son of Holocaust survivors and hear about the incredible work he’s doing to support the next generation of entrepreneurs.