In this episode of the Zero to 5000 podcast, hosts Drew McClure and Jim Paolino dive into the entrepreneurial journey of Jim Paolino, CEO and co-founder of LodeStar Software Solutions. Since its founding in 2013, LodeStar has twice made the Inc. 5000 list, providing essential closing cost data solutions for mortgage lenders across the U.S. Jim shares the keys to LodeStar’s sustained growth and what it took to create Settlewise, LodeStar’s new national title agency. He reflects on early business challenges, revealing his mindset for overcoming obstacles and the advice that kept him focused when success seemed elusive. Jim highlights the role of peer coaching in his business growth, particularly how his involvement in groups like Vistage provided critical feedback that improved his decision-making and company culture. He also discusses personal balance, offering practical insights on balancing the demands of entrepreneurship with family life. As LodeStar enters its next growth phase, Jim reveals his approach to scaling sustainably and fostering a team environment that values feedback, growth, and resilience. Key Takeaways Small Wins Fuel Long-Term Success: In the early years of a startup, the focus should be on survival rather than immediate success. Jim’s advice to “keep the lights on one more day” builds the foundation for sustainable growth. Embracing Peer Coaching: Jim emphasizes the value of coaching and mentorship, highlighting how peer feedback accelerates problem-solving and fosters growth. This practice enabled him to navigate the real challenges of business ownership without burnout. Scaling Sustainably: Balancing growth with operational stability is crucial. Jim advises against scaling too quickly and highlights the benefits of hiring generalists in early stages before bringing in specialists. Work-Life Balance Matters: Entrepreneurs need to protect personal boundaries for mental and emotional health. Jim speaks about managing work pressures alongside family responsibilities, drawing from a key ritual to transition out of work mode to family mode. Intentional Feedback: Both praise and constructive criticism should be routine, making feedback a natural and consistent aspect of team communication, which helps create a more trusting and less defensive work culture. Notable Quotes "The goal in the early stages is just to keep the lights on one more day and give yourself the chance for success." "When we can normalize feedback—both positive and corrective—it becomes less daunting and more productive." "I only question your inputs if your outputs are struggling. Focus on results, not micromanagement." "When you commit to recognizing team achievements as much as problems, it shifts the culture toward trust and growth."