Member Profile: Tim Hamilton, Praxent

Tim founded Praxent 19 years ago on the belief that technology has the power to unlock human potential. Over that time he has worked to build a service-minded team of designers and technologists who have delivered over 300 digital innovation projects for clients such as Sysco Foods, NRG, Keller Williams and many more.

About Bloomberg Breakaway Membership

Biography

Tim founded Praxent 19 years ago on the belief that technology has the power to unlock human potential. Over that time he has worked to build a service-minded team of designers and technologists who have delivered over 300 digital innovation projects for clients such as Sysco Foods, NRG, Keller Williams and many more.

Tim is actively involved in the strategy and operation of the firm with a passion for perfecting the process of software development and building a world-class culture. With degrees in MIS and Economics from UT Austin, Tim has extensive experience with digital innovation and business management.

Tim has served on the board of EO since 2013 in the following capacities:
-EO Austin Chapter President
-EO XCentric Chairman – Regional Conference

Awards & recognition:
-Clutch Top Software Development Company – 2017, 2018
-Inc. 5000 honoree – 2016, 2017
-EO Austin Entrepreneur of the Year – 2016
-ACG Central Texas Growth Awards, Finalist – 2017
-EO Global Student Entrepreneur Awards, Finalist – 2008

Project highlights:
-Amherst Holdings brings $1B worth in homes to market with real estate platform
-NRG generates $80 million in new revenue within 8 months of launching sales tool
-City of Houston reduces expenses by $40 million in two years with procurement platform
-First Crush Tastings grows by 600% fueled by a promotional events service platform
-Brief Media acquires 600,000 monthly active users within 1 year with reference app.

Q&A

What defines a successful leader?

How followers behave in the leader’s absence.

Culture and talent are important to any company’s success. How do you engage and inspire your workforce?

We rely on rituals that create a weekly, monthly and quarterly cadence for the entire organization to (a) align everyone’s work with their strengths, (b) recognize employee contributions and company wins, (c) authentically own our mistakes and improve continuously.

Innovation and disruption are reshaping industries every day. What do you see as the number one game-changer facing businesses today?

Technology is transforming the way we buy, sell, and do everything and consumers expect effortlessness at every touchpoint. As a result, established businesses must reinvent the way they connect with, sell to and serve customers beginning with a deep awareness of and empathy for their unique customer journey.

Challenges abound in today’s fast-changing business environment. What keeps you up at night?

As a founder, I have learned that unless I expand my outlook, leadership and self-awareness, I can create a ceiling on our growth. By continuing to do the things that got us here, I can become the anchor that holds us back. The key is to deliberately unlearn my go-to practices and approach each stage of our growth with a beginner’s mind so that I don’t limit our potential.

Why did you join Bloomberg Breakaway?
I was introduced to Bloomberg Breakaway by a friend and mentor, Verne Harnish, who recommended it. I joined for the opportunity to connect with and learn from other leaders around the world in an intimate setting.

Even CEOs need downtime. How do you recharge?

Spending time away from my business to attend learning events and conferences gives a fresh perspective and re-energizes me. I also love being active outdoors and especially enjoy kiteboarding when it’s warm and snowboarding when it’s cold.

In the news

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Tim Hamilton

Praxent

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