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Call it tally.
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Yes, sir.
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It's been we've known each other now for going on probably over eight years or nine, eight or nine years.
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Yeah.
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Cl cl close to nine.
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Yeah.
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Yeah.
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And when we met, you were in sort of your the beginning.
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Was is was it the beginning of you as a coach?
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Yes.
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I had zero clients and I was just learning this.
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I just made a decision two days earlier to uh uh venture down this path and was in the very early stages of what it meant to be a coach, build a bus, build a coaching business, which is different than just being a coach.
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And yeah, that's when we met.
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Uh very fortuitous for me.
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Yeah, and for me.
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Yeah.
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Um before that, t take us back through the the whole career journey and obviously emphasize the entrepreneurial side of it.
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Sure.
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Yeah.
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Yeah.
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So started out in retail, figured out that the margins in that business aren't really good.
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So learned a lot there in those days, college and beyond.
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Uh, but then got in the payments business.
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Um, and there was a lot of innovation happening in payments kind of early 2000s.
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And so just noticed how interested I was in that, was fortunate to connect with a very aggressive uh company that was doing some really cool things and competing uh with much larger companies.
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So watching that CEO and that leadership team uh take market share for people who had more resources, a bigger brand.
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It was just an amazing thing to be a part of.
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And during that time, got connected with some of the private investors in that space.
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So then spent 15 years with that group, helping uh take ideas to market, scale those.
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Some moved just to operate in those companies, and other times exits.
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Uh one of the key ones was uh in 2005-2006, uh was part of the kind of the angel team at a company called Firethorn out of Atlanta, and we were the first first mobile banking provider.
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So it seems normal today, but at the time we were trying to get carriers who didn't like each other very much to cooperate because it's needed to be on the phone.
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And remember, there's no app store at this point in time, so you got to get preloaded on the phone.
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Yeah.
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We had to get banks to cooperate because we were doing a consolidated app.
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They didn't want to do that, so to leverage the carrier.
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So this cooperation and then helping people who are making decisions who didn't necessarily need those services.
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So if you're a very senior executive at a bank or on a board or whatever, you probably aren't worried about checking your balance every day.
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Right.
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So helping them understand what's happening at the consumer level, what's happening consumer there.
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So built that company.
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We were uh 20 people, very committed to a vision and a plan.
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Uh, we were competing against the biggest technology players in the market.
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Uh, we actually won a huge deal with Verizon.
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And after that happened, Qualcomm came in and uh made a$220 million uh acquisition of us and bolted us into their whole mobile financial services market.
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We were the domain expert in that.
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So again, one of the great lessons was a small group of very committed people, clear about what they were trying to do, uh, can have a tremendous impact and you can create create value for your shareholders.
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Yeah.
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Um all of them didn't go that way.
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We had some other ones that we got into where um one in particular where we really overcapitalized, raised too much uh money, the market wasn't mature in this card-linked offer space, uh, and really had to retool the company several times.
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So just uh um so fortunate to have met and uh was given the position I was to be part of those teams.
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Um that was really the forming part of that because I got to go from, you know, literally idea to test to operationalize to friction about like really scaling and then again either operationalizing and stabilizing or you know, exiting the company um into a larger entity.
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And was what was the last thing you did before the and what was going through your head when you're trying to figure out whether or not I want to do this thing again?
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Yeah.
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Did you ever did you were you mostly on the ops side or did you did you ever have the experience as a founder as an example?
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Or, you know, what was your role in the Yeah, yeah.
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A joke, because uh right out of college, me and a buddy opened a snowball
Load full transcript
stand.
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So I sold, I was a founder of a snowball stand.
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And I do I do joke with clients, stuff like that.
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Yeah.
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Having to learn pricing, labor, material.
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There was a lot of value in that, in that little building, and and we did great.
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And we sold it a few years later and stuff like that.
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So I I tongue in cheek.
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That's right.
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I did that.
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I was more front-end, so I was more sales, uh bringing that to market.
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So you think BizDevin sales more, but I was fascinated with product development, was fascinating about the operations.
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So, and and quite frankly, I mentioned that payments company, that CEO, um Ed Lebris, at one point we were at, we were at lunch, and you know, I'd had a lot of success as a sales guy.
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I was, you know, top five every year out of 300 and all this kind of stuff.
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And, you know, I was pretty full of myself in my 20s, and I was like, what do I need to do next?
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He said, You need to learn the rest of the effing business because right now you're only so valuable to me.
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And it was a and it was a critical moment for me because it woke me up to if I wanted to grow my career, I need to see more broadly.
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Uh, but back to your question.
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In the last role I had, I'd actually moved into a COO role.
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There was a family that had a group of companies and they'd asked me to come in because they'd seen some of the background I had.
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Um, so we actually moved to California and uh was there and got introduced to this work, this idea of running mid-sized companies with some tools and some systems and stuff like that in a way that the larger companies I had been in, we had.
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We had those consultants come in, we did that planning and stuff like that, but I'd never really seen it for small to mid-sized companies.
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So that was my last experience.
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And we took that company in the year that I was there.
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We we uh doubled the revenue and tripled the profit.
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And we had team members 17, 18 years old, and we had some pretty senior team members, and it a light bulb went off for me.
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Like, this is powerful.
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And I I'd always been committed to the company I was with.
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I was like, man, I think I can go do this and do this and make a bigger impact with more companies.
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And that was the original idea, very divine moment for me.
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It was a lot of soul searching, a lot of a lot of introspection on that.
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So to me, I thought it would really be in a God moment in terms of that moment of because I felt like there was kind of a moment of download in that.
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And that was the that was the spark that said, let's go figure this out.
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And what what how'd you find EOS?
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Uh we had hired an implementer when I was out there.
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So that was my original connection was was we hired an implementer at that company and he came in and brought us through the process.
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How long was that process for you guys then?
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Uh well, I was there for just over a year.
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So basically uh right around a year.
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Were they still they still in the process when you left?
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Yes.
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And it then it kind of petered out because I was really the one holding it together.
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Um and that founder is a very uh what's the next thing, the next thing, the next thing.
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So uh anyway, not necessarily as as uh committed to that same process all the time.
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Yeah, it's uh you know, I would say that founder is more of an entrepreneur than a founder, then would you agree?
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Mm-hmm.
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Yeah.
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Yeah.
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So some some people just can't, I mean, that they just need the adrenaline rush of the next thing.
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And it's and it's kind of like whatever their needs are bigger than the needs of the team or the company because it's just how they're wired.
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Right?
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That's where they get that juice from.
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Yeah.
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It's just what and and he he's done amazing things.
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But yeah, that was has he continued to be a serial entrepreneur?
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He has, uh, but at the same time, scale has not been a thing that they've been able to reach, but yes, been able to create and uh do that, but not at a level that you could see the real opportunity to scale the business.
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And that was really what I was there for in the beginning.
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Yeah.
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Yeah.
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And so so you had this experience with EOS.
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Um, and then was it you know, you had the download.
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Yep.
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And uh
and was it pretty much I'm gonna just go do this because I know EOS, I you know, I understand that and you talked to the implementer about potentially joining the uh the community.
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What was the process?
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I talked to yeah, so I I looked into the certification, I looked at you know, so multiple systems.
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So I looked at EOS, I looked at scaling up, I looked at, I think 40X had a system.
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There was a couple of different systems out there because I was most familiar, but it was the only one that I knew.
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Right.
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Um, and so uh that's where I went.
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But I also thought I didn't want to just do that.
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So I actually went and got certified in exit planning at the same time because I really I was had come from the world about building value, not just having a successful company.
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Yeah.
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How do we build something that has real enterprise value, right?
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Because I was used to having investors and shareholders in the company, yeah, you know?
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And so went to uh BEI and got certified in that one week, and then the next week got certified in the EOS.
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And so my my vision at the beginning was really connecting with that.
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And my original thesis was I was only gonna work with investors who are making investments and then for their companies and they're like that's not how it's turned out.
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Yeah.
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Uh but my my uh my initial thesis was I'm not calling on individual companies.
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I'm gonna be dealing with investors that are making these investments who are great at financial models and predicting, but aren't so good at helping operate companies.
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Yeah.
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And then I would be that arm.
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And we've done some of that, but it really hasn't how the business is.
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It's amazing, right?
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How well we can go down a whole rabbit hole in that.
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So BEI, right?
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Was that Business Exit Institute or what was it?
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Yeah, business enterprise institute or something like that.
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There's two of them.
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It's not the SEPA group, it's the other group.
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It's not at a dance, at a exit planning institute, which is the SEPA group.
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Yeah.
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Right.
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It's not them.
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It's Yeah, they're huge.
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They're huge now.
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Yeah.
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At the time, they were kind of what, what, but uh that group, the Exit Planning Institute's done a great job on that.
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Yeah, we're a we're one of their partners.
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Yeah, and one of the coaches on my team is a CEPA and stuff like that.
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So we we think that's tremendous.
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Yeah, yeah, they've done a they've done a really good job of uh figuring out how to position it.
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And you know, it's it's kind of funny because you know, you can get the CEPA, you talk about it.
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It's it's just theirs.
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They just made it up.
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It's like it sounds like a CPA.
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Yeah, yeah, right.
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But you know, CPA wasn't invented by one firm to the best of my knowledge.
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Whereas they created CPA.
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Now they've sort of dominating this industry they created.
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Yeah.
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So hats off to them.
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Yeah.
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Agreed.
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Yeah.
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Agreed.
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So um so it's interesting.
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So you you looked at scaling up, you you looked at EOS, 40x.
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I is 40x around anymore.
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I can't.
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I don't even think so.
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I don't think so, right now.
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I don't think so.
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Um, and then you joined EOS, but you also got the the the exit planning certification.
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Yep.
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Um, you know, it's funny when I first started to really go the direction that we have today, it was um, you know, it was around 2012, right?
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Right.
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Um, and I went and, you know, I had the idea for the company in tw in 2005, but you know, I got recruited hedge fund and did a bunch of different things.
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And one of the companies I invested in personally was just starting on EOS, right, in 2010, I think.
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Um and you know, so I read traction.
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I'm like, well, this is a book I was gonna write when I first started thinking about it in 2005.
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And um, and so I went in there, but with the background that I have private equity, yeah, right.
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I was like, look, I understand the private equity world really, really well.
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Kind of grew up in that world.
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I grew up with that world, really, because it was leveraged buyouts back when I started.
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Yeah.
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And I just knew that in order to really go after that industry and to have something compelling for it, I had to have like you know, these five things figured out and nailed in in the in the product.
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And to this day, I still haven't don't have them all nailed.
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Yeah.
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I feel like we're getting really, really close.
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Right.
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And so, um, so so I mean, I'm literally putting resources right now behind, okay, this is what we got to do so we can finally get in front of these people.
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Because I think every company is going to have to have what I'll call a level seven operating system within the next couple of years, or else it's gonna be really hard for them to be successful.
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And if they and and with a level seven operating system, if you don't have it, I think you're going to be at risk if you're trying to do things with AI, if you have agents, you can't see everything, you're gonna be at risk that things are gonna get screwed up.
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And as a fiduciary, as a board member, part of your responsibility is to make sure that the governance layer of an organization is um very strong.
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Sure.
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And now the new organizations are gonna have both on you know, humans and non-humans, and so they're distributed organizations, and it's just gonna be really interesting.
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So I think we're gonna be in a really good place to go after the uh private equity and venture capital um firms and say, hey, you know, you need to be thinking about this, and hey, your companies need to be going this direction, and hey, we can help you.
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But that's a long, you know, that's that's that's for foreshadowing or get in front of ourselves right now.
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So going back to the um you join you join EOS and uh what do you think of the coaching like your experience back in 2020 and eighteen?
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How's the industry, what you do, how you deliver value, how's it evolved for you in particular?
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You now have your own firm.
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Correct, right?
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Yeah, uh, you teach your own system, um all operating systems have a lot of fundamentals, yeah.
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Tools that are concepts, tools, and disciplines that are everybody pushes believes in weekly meetings as an example.
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You know, yeah.
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You need an accountability chart or an org chart as an example, right?
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Right.
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You need scorecards as an example.
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There's a bunch of stuff that it right from system to system to system, the tools are the same.
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It's like building a house, right?
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Everybody's got, you know, all the builders have hammers and saws and screwdrivers and things like that.
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But a lot's changed too.
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100%.
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Yeah.
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So take me through, I'd love to hear your journey in terms of you know what you've learned, what you emphasize, because you went through EOS.
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You also been associated with scaling up.
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Yep.
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So you and those are kind of the two biggest.
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Yeah.
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And and in between there, we did some time with the pinnacle group as well.
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Right.
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And and and so, and then you you could say for a while pinnacle may have been third.
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Yep.
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Right?
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Yep.
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Um But really, you know, because then then you also have a couple others um like jackstacks, I forget what he calls it, but I don't see them or hear about them much, but I don't know if you do.
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We don't.
00:14:28.879 --> 00:14:41.519
But yeah, so uh to answer your question in terms of the evolution, you know, when I got in, I think part of it and part of it was the system uh at the beginning was I think more the tactics, the mechanics of of running the system.
00:14:42.000 --> 00:14:45.039
Uh I think it was overly operationally focused.
00:14:45.200 --> 00:14:48.399
And and I I couldn't understand oftentimes there's a lot of people in operations.
00:14:48.480 --> 00:14:50.879
There's a lot of opportunity financially in operations.
00:14:50.960 --> 00:14:51.120
Yeah.
00:14:51.360 --> 00:14:57.679
What we've noticed is um our clients, and we've been fortunate to attract larger and larger clients, more complex clients.
00:14:57.840 --> 00:14:57.919
Yeah.
00:14:58.159 --> 00:14:59.919
We need to be able to speak across the business.
00:15:00.080 --> 00:15:04.480
And so one of the things I've noticed is a lot of the coaches were good in a area.
00:15:04.639 --> 00:15:07.600
Maybe they were financially driven, they come from finance, they come from ops.
00:15:07.679 --> 00:15:15.919
And very few, interestingly enough, came to me from them from the front end, the marketing and sales piece of the business, a few with some tech capabilities and so forth.
00:15:16.000 --> 00:15:21.200
Uh, but what I've noticed for us is we we need to be adept at speaking across the business.
00:15:21.360 --> 00:15:21.519
Yeah.
00:15:21.679 -->
00:15:23.840
Uh it can't just be very ops-oriented.
00:15:23.919 --> 00:15:27.039
And that's why I think even operating systems sometimes is not helpful.
00:15:27.200 --> 00:15:38.399
Uh so for us, we have recognized you have to be, and when we're uh evaluating a new coaching candidate to join the team, I need to see that they understand marketing, sales, ops, finance, people, technology.
00:15:38.559 --> 00:15:42.000
Like they've got to have uh, and there's others, obviously depending on the industry, right?
00:15:42.159 --> 00:15:44.559
They've got to have that ability to speak across this.
00:15:44.639 --> 00:15:48.000
You don't have to be expert, but you can't be incapable.
00:15:48.240 --> 00:15:48.480
Right.
00:15:48.639 --> 00:15:53.679
Um and I, you know, for us, one of the things that we notice is a lot of the coaches struggle on the front end for their business.
00:15:53.759 --> 00:16:00.879
And I'm like, if you as a coach aren't able to deliver a message to the market and close and take people through a sales process, that's a concern.
00:16:00.960 --> 00:16:02.960
And I think some of the clients are picking up on that.
00:16:03.120 --> 00:16:07.039
Certainly we've had the opportunity to win deals at multiples of what other people were charging.
00:16:07.200 --> 00:16:07.279
Right.
00:16:07.519 --> 00:16:08.960
And that's really been some of the feedback for us.
00:16:09.039 --> 00:16:12.080
So like we can see the conviction that we can see the obsession you have about it.
00:16:12.240 --> 00:16:17.759
But as I got into it, the next thing that I noticed was many of the systems really lacked a couple three things to me.
00:16:18.000 --> 00:16:20.159
Number one, they they lacked financial rigor.
00:16:20.320 --> 00:16:31.360
There was some basic predicting and basic performance, but there was not real financial rigor in looking at margins, looking at variances, looking at trends, looking at ratios, and especially in the world we've been in the last five years, right?
00:16:31.519 --> 00:16:39.600
With the sheer number of changes we've had in terms of interest rates and tariffs and supply chain and obviously the pandemic, like there's a lot that's happened that's had a material impact to finance.
00:16:39.679 --> 00:16:40.720
So that was the first piece.
00:16:40.799 --> 00:16:43.600
And I noticed though I talked to a lot of the coaches, uh, that's happened.
00:16:43.679 --> 00:16:44.799
So we're seeing an evolution there.
00:16:44.879 --> 00:16:45.919
That's that's what we're tracking.
00:16:46.080 --> 00:16:50.320
The other is really leadership development because the systems lack that.
00:16:50.399 --> 00:16:57.039
And there are certainly leadership programs, but I'm always like, what changed the next day or the next week if we're gonna train on something?
00:16:57.120 --> 00:16:59.759
And that's one of the things that I thought, you know, EOS did incredibly well.
00:16:59.840 --> 00:17:03.759
And one of the things that I saw early on,
and that, you know, we've retained in the way that we do some things.
00:17:03.840 --> 00:17:08.799
There's some, there's an obsession around can I teach you something that facilitates you through something?
00:17:08.880 --> 00:17:13.839
And tomorrow and next week, you're a different person, different company, not all the way fixed, but materially different.
00:17:13.920 --> 00:17:25.200
And I have been obsessed about the leadership development side because as our the comp the companies we've had that have scaled 50, 100, 200, 500 employees, it's a different game than 10, 15, 20 in terms of that thing.
00:17:25.279 --> 00:17:27.599
Because at 10, 15, 20, you can kind of keep your hands on everything.
00:17:27.680 --> 00:17:28.240
You know what I'm saying?
00:17:28.319 --> 00:17:29.839
You're not really developing leaders.
00:17:30.000 --> 00:17:34.400
You've got a leader, a few leaders, and then you've got basically people doing the work that are incredibly valuable.
00:17:34.480 --> 00:17:37.599
We want to take care of them, but you're not having those layers of that, right?
00:17:37.680 --> 00:17:41.200
And obviously that's getting challenged right now in terms of how many layers we need and all that.
00:17:41.279 --> 00:17:46.559
So leadership development was the was the the second thing that we that we really focused on in terms of that.
00:17:46.640 --> 00:17:48.720
And the last was really strategy, right?
00:17:48.880 --> 00:17:52.240
Because to me, strategy is a word that gets thrown around a lot.
00:17:52.400 --> 00:18:08.319
Um, but they're not really talking about I think a lot of systems had vision and they had some execution, but I felt like there was this massive chasm about what is the strategy that we're gonna go execute against beyond just this vision of who we believe we are and what we're committed to and this kind of softer things that are really powerful.
00:18:08.400 --> 00:18:11.440
And here's our one-year plan, and here's the spreadsheet of things we're gonna do.
00:18:11.599 --> 00:18:13.599
What is the strategy we're gonna take to the market?
00:18:13.839 --> 00:18:16.799
And um, as again, as we get bigger, more important.
00:18:16.880 --> 00:18:19.279
Because obviously when we're smaller, we'll take whatever work to stay.
00:18:19.359 --> 00:18:20.960
We just I joke about some of this concept.
00:18:21.119 --> 00:18:22.880
When you started, you were just trying not to die, right?
00:18:23.119 --> 00:18:24.880
Cash was oxygen, we're trying not to die.
00:18:25.039 --> 00:18:29.759
So for me, that's where the evolution has come in and the success that we've experienced in our growth and being an Inc.
00:18:30.000 --> 00:18:37.359
5000 company and and the and the and the success we've had in terms of now we're coaching over currently over$1.5 billion in coached revenue currently.
00:18:37.519 --> 00:18:38.960
Um so it's material.
00:18:39.119 --> 00:18:41.920
And I think those three things uh have really helped us.
00:18:42.000 --> 00:18:49.039
And I think that's where the evolution to me of the coaches that are doing that, and certainly we can have a whole other conversation about the AI component, everything else.
00:18:49.200 --> 00:18:59.359
Um, but that to me is where the coaching, where I see some of the coaching systems and people struggling as they haven't adapted to what the owners and key leaders need.
00:18:59.519 --> 00:19:05.440
And I think those three things to me have been critical for our success and where some of these systems are kind of getting left behind.
00:19:05.680 --> 00:19:05.920
Right.
00:19:06.880 --> 00:19:16.400
Are they getting left behind, in your opinion, by the companies who need more because they're scaling faster and or they're larger?
00:19:16.640 --> 00:19:39.279
Or do you think just generally speaking, that the you know, the the the operating system coaching the business, even for companies with 25 to 50 employees, do you think do you feel the same level of change taking place?
00:19:39.440 --> 00:19:44.559
Or do you feel like yeah, the demand is like, no, we gotta Yeah, the expectation is growing.
00:19:44.720 --> 00:19:50.160
I mean, I mean I mean entrepreneurs and founders are getting smarter, obviously, margins are getting compressed in a lot of businesses, stuff like that.
00:19:50.240 --> 00:19:53.519
So um they're just sharper and and their access to information and data, right?
00:19:53.759 --> 00:20:06.640
You know, so I I think the challenge for a lot of systems is their IP or their kind of um, you know, folks that have been there a long time, the loudest voices in the room are staying committed to that system.
00:20:06.799 --> 00:20:09.759
It's like it's kind of like, you know, we're in football season now, right?
00:20:09.839 --> 00:20:16.240
And it's like, you know, at one point, you know, defense was a bigger part of you can use I'm an LSU fan, but we'll talk about Nick Saban for a minute.
00:20:16.400 --> 00:20:22.240
You know, at one point, obviously Lynn Kim is our coach now, but at one point, you know, obviously Saban was very, very committed to defense.
00:20:22.319 --> 00:20:26.079
It was not, but then he recognized the game was changing and they had to adapt.
00:20:26.160 --> 00:20:26.319
Yeah.
00:20:26.480 --> 00:20:30.960
And they did and they dominated, but they adapted with a much more offensive view of things.
00:20:31.039 --> 00:20:34.559
And this is where I think many of the systems are not moving fast enough.
00:20:34.640 --> 00:20:37.119
And I think part of it is because of how hard it is.
00:20:37.200 --> 00:20:37.359
Yeah.
00:20:37.519 --> 00:20:42.880
Part of is you got some tenured folks who just, well, this is how I've been doing this 20, 30 years and really successful.
00:20:42.960 --> 00:20:44.640
I'm like, yeah, but the world has changed.
00:20:44.720 --> 00:20:44.880
Yeah.
00:20:45.039 --> 00:20:50.000
And the other part is what are we actually protecting in terms of our our
books, our IP, and all that kind of stuff?
00:20:50.079 --> 00:20:53.519
And like, how do I take the thing and then adjust?
00:20:53.759 --> 00:20:54.400
Right.
00:20:54.799 --> 00:20:55.119
Yeah.
00:20:55.359 --> 00:20:55.599
Yeah.
00:20:55.759 --> 00:20:56.000
Yeah.
00:20:56.079 --> 00:20:57.359
So that's been a challenge for sure.
00:20:57.519 --> 00:20:58.079
Yeah.
00:20:58.400 --> 00:21:05.119
And then has the has your model, your delivery model, you know, the EOS delivery model as an example.
00:21:05.359 --> 00:21:08.559
And I and I and you uh I think you understand the scaling up model.
00:21:08.720 --> 00:21:08.960
Yep.
00:21:09.200 --> 00:21:12.000
The US model was five sessions, right?
00:21:12.160 --> 00:21:13.839
Five day-long sessions a year.
00:21:14.000 --> 00:21:14.319
Yep.
00:21:14.480 --> 00:21:20.319
Um, first year different combination of days versus thereafter, yeah, right.
00:21:20.559 --> 00:21:24.400
Thereafter is three quarterlies and two days for an for the annual.
00:21:24.640 --> 00:21:35.839
Um, but it was really five sessions and for lots of coaches, uh implementers, if it's an EOS thing, right?
00:21:36.240 --> 00:21:52.559
Um you didn't need to and in some regards maybe it was even healthy to not really be engaging with the client in between those five sessions, and those sessions are spread out in ninety days, right?
00:21:53.440 --> 00:21:57.599
Are you where's your world and how do you guys play it these days?
00:21:57.920 --> 00:21:58.160
Yeah.
00:21:58.400 --> 00:22:02.000
So what I Refuse to be is a fractional employee.
00:22:02.079 --> 00:22:03.599
So let me just say that right up front.
00:22:03.759 --> 00:22:09.039
That said, uh what I have come to notice is there absolutely has to be other interaction.
00:22:09.119 --> 00:22:10.319
Um, a couple things for us.
00:22:10.480 --> 00:22:13.839
Number one, we have uh that that framework makes sense.
00:22:13.920 --> 00:22:15.599
Lots of people do quarterly planning, annual planning.
00:22:15.680 --> 00:22:17.519
That's not new to you, but yes, that model makes sense.
00:22:17.599 --> 00:22:21.519
Yes, there's more work on the implementation, what we call implementation up front in terms of getting this system in.
00:22:21.599 --> 00:22:23.039
Is that is it three days, is it four days?
00:22:23.200 --> 00:22:24.240
Kind of depends on the client.
00:22:24.319 --> 00:22:26.319
And can we do it in 30 days, six days, nine?
00:22:26.400 --> 00:22:29.920
There's some flexibility based on what the client needs and our calendars and so forth.
00:22:30.079 --> 00:22:35.440
Um, once the client is implemented and up and running, our approach is really on-demand advisory.
00:22:35.599 --> 00:22:45.599
So uh I use a lot of voice apps because I don't want my calendar to be full, but I have I have voice notes every single day from owners and key leaders on a particular topic, an update, a question they have for me and stuff like that.
00:22:45.759 --> 00:22:47.200
So we have
that open.
00:22:47.279 --> 00:22:50.640
Uh what I joke with them and say is you got a bat phone with me and my coaches.
00:22:50.720 --> 00:22:55.519
Meaning when you need to put the bat signal up and you need us, there's gonna be some days you need to talk to me three times.
00:22:55.599 --> 00:22:58.079
And we don't maybe not talk again for a month.
00:22:58.240 --> 00:23:01.680
But you need to know in that moment, I'm close enough but far enough.
00:23:01.839 --> 00:23:05.920
I'm emotionally invested, but it's not mine, and I'm not financially tied to the result.
00:23:06.079 --> 00:23:10.319
So you gotta you got somebody who knows your people, knows the plan, knows what has helped you create it.
00:23:10.400 --> 00:23:10.480
Right.
00:23:10.720 --> 00:23:17.680
And so has some objectivity and some ability to say, yes, you've lost your mind, or no, make the move, or here's what I'd be concerned about.
00:23:17.839 --> 00:23:24.000
And so that's what you know, the feedback I get from my clients that are six, seven, you obviously met with one yesterday with us that is seven years in.
00:23:24.079 --> 00:23:25.680
I'm like, hey, there's no more tricks in the bag.
00:23:25.759 --> 00:23:26.480
Why, why are you?
00:23:26.720 --> 00:23:28.160
I know we like working together and stuff like that.
00:23:28.319 --> 00:23:29.279
We've done great things.
00:23:29.440 --> 00:23:30.480
Tell me why you're still here.
00:23:30.559 --> 00:23:44.079
They're like, in those moments that I need somebody that I trust that is, again, aware of my world uh and can speak into me and knows that I have that have my best interest at heart, you're the call, right?
00:23:44.160 --> 00:23:44.400
Right.
00:23:44.640 --> 00:23:46.160
So we that's one piece that we're doing.
00:23:46.240 --> 00:23:48.799
The other thing we've started last year, and I quite frankly, I was surprised.
00:23:48.880 --> 00:23:54.240
I had resisted this for a long time because I didn't want to be in the events business, but we're doing a CEO event twice a year.
00:23:54.400 --> 00:24:00.160
And we're bringing in our clients, our active clients can bring the CEOs can come in and we put them all in the room.
00:24:00.240 --> 00:24:01.440
We do a day and a half.
00:24:01.519 --> 00:24:04.559
Uh we have each of what we've done is set again outside speakers.
00:24:04.640 --> 00:24:05.839
One, you can't sell anything at it.
00:24:06.000 --> 00:24:08.720
It's part of our program, so there's no cost to you except getting there.
00:24:08.880 --> 00:24:17.440
And then we, I and my team help select uh several of the CEOs that are coming to teach on a product or a topic.
00:24:17.519 --> 00:24:17.599
Yep.
00:24:17.839 --> 00:24:20.000
So for instance, Brandon Bills is one of my clients out of Temperzo.
00:24:20.160 --> 00:24:21.680
They have grown that brand incredibly.
00:24:21.839 --> 00:24:32.559
So Dave Dickers, CEO, comes in and talks about the power of a brand for a mid-sized company and how they went from zero to what they've gone to in terms of brand recognition at the top on our golf courses, all the universities, everything else.
00:24:32.720 --> 00:24:33.519
And so he did that.
00:24:33.680 --> 00:24:41.440
I had um Jared Freeman, a CEO of uh On Path Federal Credit Union down in New Orleans talk about uh growing and scaling and being aggressive in a regulated market, right?
00:24:41.519 --> 00:24:45.359
So like these topics, and so what's been cool is we're having our clients present.
00:24:45.519 --> 00:24:46.880
So it's real stuff.
00:24:47.039 --> 00:24:47.200
Yeah.
00:24:47.359 --> 00:24:48.559
And it's not just the highlight reel.
00:24:48.640 --> 00:24:52.640
I'm like, listen, I need you to also talk about what's broken, what's effed in your company, and they do.
00:24:52.799 --> 00:24:53.519
So we do that.
00:24:53.599 --> 00:25:04.319
We have some other and have them, you know, talk through that, and then we do a hot seat on day two where they have to get up, each CEO has to bring their biggest thing to the table, and then we put someone up at the front of the room and we just rapid fire.
00:25:04.480 --> 00:25:06.000
That has been received incredibly well.
00:25:06.160 --> 00:25:09.759
So on-demand advisory, CEO event, we just launched this past year.
00:25:09.839 --> 00:25:12.480
Um, we did our first second in command, same type of event.
00:25:12.559 --> 00:25:13.440
Bring those folks in.
00:25:13.599 --> 00:25:15.440
Again, probably gonna do that twice a year.
00:25:15.599 --> 00:25:21.759
Obviously, the 90 integration is huge for us because we um we're sold out to it and we know the power of it.
00:25:21.839 --> 00:25:28.400
So that's it, that's another thing we get a lot of feedback about is that we um help them use that platform incredibly well.
00:25:28.559 --> 00:25:32.799
Um and then we've just finished a new leadership curriculum because I couldn't find one.
00:25:32.880 --> 00:25:37.680
So we've built it from the ground up based on some core principles we believe in that we're just now launching.
00:25:37.839 --> 00:25:43.680
And so that'll work because um it's gonna allow us to continue to develop those second leaders.
00:25:43.920 --> 00:25:48.720
Because two years ago, we started adding in what I call second-level facilitation.
00:25:48.799 --> 00:25:48.960
Yeah.
00:25:49.119 --> 00:25:52.240
So for some of our clients, we will run the executive team through the quarterly, right.
00:25:52.400 --> 00:25:57.359
And the day or two later, we'll do a half day um departmental quarterly.
00:25:57.440 --> 00:25:59.519
So we're actually facilitating that for the departmental leader.
00:25:59.680 --> 00:26:03.200
Because I made the mistake early on thinking each of those leaders had seen me do it enough, they could do it.
00:26:03.279 --> 00:26:03.359
Yeah.
00:26:03.599 --> 00:26:03.920
They can't.
00:26:04.000 --> 00:26:04.160
Yeah.
00:26:04.319 --> 00:26:04.880
And it's hard to do.
00:26:04.960 --> 00:26:05.279
It's hard.
00:26:05.519 --> 00:26:08.640
Listen, when I facilitate my own, it's hard to facilitate and participate.
00:26:08.799 --> 00:26:10.079
So anyway, that's the other thing.
00:26:10.240 --> 00:26:15.920
So long answer to your question, my point is that no, it's not, it's you you you could do it that way.
00:26:16.160 --> 00:26:22.640
We believe there's a better uh opportunity to really make an impact with clients with more than just the traditional stuff.
00:26:23.039 --> 00:26:23.200
Yeah.
00:26:23.279 --> 00:26:27.359
It's uh how many how many CEOs do you how many companies do you have now?
00:26:27.599 --> 00:26:28.640
Uh we're 75.
00:26:29.039 --> 00:26:29.519
75.
00:26:30.000 --> 00:26:32.400
And um, what percentage of the CEOs actually show up?
00:26:32.720 --> 00:26:33.119
50 percent.
00:26:33.279 --> 00:26:36.319
We've already got 35 registered for New Orleans in November.
00:26:36.400 --> 00:26:37.599
So and we'd probably pick up a few more.
00:26:38.319 --> 00:26:38.960
Is this your third time?
00:26:39.279 --> 00:26:39.599
Third time.
00:26:39.839 --> 00:26:40.079
All right.
00:26:40.319 --> 00:26:42.000
50 percent plus or minus each time?
00:26:42.160 --> 00:26:42.319
Yep.
00:26:42.559 --> 00:26:45.200
Because that's that's pretty damn good participation.
00:26:45.440 --> 00:26:51.119
Do you find the same 50 percent or is it Yeah, and obviously you got new clients rolling in, you've got some clients.
00:26:51.440 --> 00:26:53.200
I mean, there's people that are rolling out, stuff like that.
00:26:53.359 --> 00:26:55.599
So yeah, but it's been interesting, this core group.
00:26:55.680 --> 00:26:55.920
Yeah.
00:26:56.079 --> 00:26:57.359
Um, it actually surprised me.
00:26:57.440 --> 00:26:59.279
Like I didn't, because I mean, these CEOs are busy.
00:26:59.359 --> 00:27:01.119
Yeah, they don't need more stuff on their calendar, right?
00:27:01.279 --> 00:27:09.200
But they've started to create this connection because they had tried some other peer group offerings and we're like, I need to be in a room that challenges me.
00:27:09.599 --> 00:27:11.920
I don't want to be the biggest player in the room.
00:27:12.000 --> 00:27:14.720
And with the work that we do, we push them hard, right?
00:27:14.799 --> 00:27:18.720
Like we're we're not the we're not the transit gym says, hey, like we we are pushing the companies.
00:27:18.799 --> 00:27:20.559
This is an intensity to the work that we do.
00:27:20.720 --> 00:27:21.039
Right.
00:27:21.200 --> 00:27:28.319
And so they want to be around other CEOs, you know, that he or she has that same kind of pace in the business, right?
00:27:28.480 --> 00:27:29.200
Which is critical.
00:27:29.279 --> 00:27:33.519
Because a lot of them, even in their industry, they're like, these guys aren't moving like we're moving.
00:27:33.680 --> 00:27:34.000
Right.
00:27:34.480 --> 00:27:37.759
Is it I've known you obviously for a long time.
00:27:38.000 --> 00:27:41.680
Um, and uh and just full disclosure, you're an investor.
00:27:41.839 --> 00:27:42.079
Yes.
00:27:42.240 --> 00:27:42.480
Right?
00:27:42.640 --> 00:27:45.920
So we're we're we're we're we're we're we're buddies.
00:27:46.160 --> 00:27:56.400
I've always loved your intensity, and I presume that your clients tend to be folks who are attracted to your intensity.
00:27:56.640 --> 00:28:06.400
And I presume that when you're in a room or your coaches are in a room, especially if they've done work with you, because I think that's part of your model, right?
00:28:06.480 --> 00:28:06.880
Yeah.
00:28:07.119 --> 00:28:21.119
Um the clients who are attracted to you are the clients who want to really bloody build something and go fast and go far and I hate to say go big, but but they care, right?
00:28:21.200 --> 00:28:30.720
They're driven and and and and what's interesting is um you know I've bought I've belonged to um a number of peer groups.
00:28:30.960 --> 00:28:34.240
I've I did the EO thing a long time ago.
00:28:34.799 --> 00:28:37.039
Um I do the Vistage thing today.
00:28:37.359 --> 00:28:37.680
Right.
00:28:38.240 --> 00:28:55.599
And I've done did the SaaS founders peer group for um since I started during COVID and then it actually got disbanded.
00:28:56.000 --> 00:28:58.079
Um kind of.
00:28:58.319 --> 00:29:00.880
It was Dan Martell's SAS Academy thing.
00:29:01.279 --> 00:29:14.960
Um when Dan decided, you know, I I I think Dan decided that you know SAS was going away and and he wanted to move and do some other things, and so he kind of shut down Sass Academy, then he sold it.
00:29:15.599 --> 00:29:22.400
Um but um with it and that was all within the last year, um probably about a year ago.
00:29:22.720 --> 00:29:38.480
What was fascinating was, you know, when I and I was you know sort of a goat, um and by the by the end of it all, and actually I wasn't paying anymore because I was literally there as someone to coach and help help people.
00:29:38.559 --> 00:29:38.720
Yeah.
00:29:38.880 --> 00:29:40.640
And it was a great experience for me.
00:29:40.799 --> 00:29:48.160
Um and we went from 15-ish, which was Dan's original sort of promise, boardroom's only gonna have 15 people, you know.
00:29:48.319 --> 00:29:50.960
Um, and then you know, it got all the way up to like 60 people.
00:29:51.039 --> 00:29:51.279
Yeah.
00:29:51.440 --> 00:29:51.680
Right.
00:29:51.920 --> 00:29:55.200
Because you know, you know, you charge money, you make more money.
00:29:55.440 --> 00:29:56.640
More people, more money.
00:29:56.880 --> 00:29:59.119
Um there's there's there's a saying there.
00:29:59.279 --> 00:30:12.720
But what was what was fa what's fascinating or is that um a lot of the people that were in port boardroom on the day that it became clear this was the last day, yeah.
00:30:12.960 --> 00:30:13.440
Right.
00:30:13.680 --> 00:30:17.839
Um, which is a day I'll never forget because they didn't actually say it.
00:30:18.240 --> 00:30:20.480
You just you knew what was going on, right?
00:30:20.640 --> 00:30:21.039
Right?
00:30:21.359 --> 00:30:26.160
But they like they weren't weren't sure if they were just gonna shut it down and do something different.
00:30:26.480 --> 00:30:37.440
And um but on that day, you know, like and there was I think that group had sixty and you'd have like I'd say fifty show up.
00:30:37.680 --> 00:30:38.079
Right.
00:30:38.240 --> 00:30:49.680
Now remember, these are people that are paying, um, I forget what the paying uh pay what they're paying per month was, but um let's just say it was probably fifty K a year or something like that, huh?
00:30:49.839 --> 00:30:50.400
Yeah, something like that.
00:30:50.640 --> 00:30:50.720
Yeah.
00:30:51.680 --> 00:30:51.839
Right?
00:30:52.160 --> 00:30:54.000
Um so they're paying the 50K.
00:30:54.079 --> 00:30:56.079
So, you know, when you're paying, yeah, you show up.
00:30:56.240 --> 00:30:59.839
So I'd say it was like 80 to 90 percent um show rate.
00:31:00.079 --> 00:31:02.799
And you know, and and they did a lot of interesting things.
00:31:02.960 --> 00:31:10.160
Um uh a couple things like they had, you know, they'd have outside um people come in to challenge you.
00:31:10.240 --> 00:31:12.559
So there was we did a fire breathing thing one time.
00:31:13.359 --> 00:31:18.559
I I uh um repelled down a 50-story building um one time.
00:31:18.720 --> 00:31:33.440
We did Navy SEAL training one time, we did um exit like exit training from a like a helicopter that crashes, kind of you know, so we did a bunch and uh uh fire walking, a bunch of so they had stuff like that in it.
00:31:33.599 --> 00:31:41.599
So, you know, um but there's also you know people that would come and speak, and then a lot of us would also speak on topics, right?
00:31:41.839 --> 00:31:44.400
So, you know, and and and we all loved being together.
00:31:44.559 --> 00:31:44.880
Yeah.
00:31:45.039 --> 00:31:48.480
So they closes it down and everybody's like, this is it.
00:31:48.720 --> 00:31:52.000
And the amount of sadness in the group was palpable.
00:31:52.319 --> 00:32:00.480
And so what's fascinating is a lot of those people have been reaching out and saying, we gotta reform something.
00:32:00.720 --> 00:32:01.440
We get right.
00:32:01.759 --> 00:32:22.079
And so we so literally within the last um two weeks, uh we went out and said, Hey, we're thinking about you know doing something, and you know, we're gonna bring in this guy uh to facilitate uh who's who's got his own coaching company, but it's focused on technology, a guy who I'm huge friends with and love.
00:32:22.480 --> 00:32:26.960
But um what they wanted to do was just basically have it be virtual.
00:32:27.200 --> 00:32:30.960
And what was fascinating was everybody's like, no, no, right?
00:32:31.759 --> 00:32:38.240
And and they they they said, look, you know, we if we're gonna do this, yeah, it's gotta be at least three times a year.
00:32:38.319 --> 00:32:38.640
Yeah.
00:32:38.880 --> 00:32:39.519
Right.
00:32:39.759 --> 00:32:52.559
And um, and then in between, you know, we can have uh sessions, um, virtual monthly, but then if you're gonna do these coaching and you're gonna have these small little groups that get coached, they're like, ah, we don't want that, yeah.
00:32:52.720 --> 00:32:52.960
Right.
00:32:54.640 --> 00:33:00.960
Just the desire to get together and be in person, right?
00:33:01.519 --> 00:33:03.279
To your point, right?
00:33:03.440 --> 00:33:16.799
I think with you know everything going on in this world right now, yeah, the the need for a community where you're literally together is becoming it's it's like a real thing.
00:33:17.039 --> 00:33:17.200
Yeah.
00:33:17.680 --> 00:33:23.200
Listen, man, I I skipped uh uh screamed and kicked on my way to doing this.
00:33:23.279 --> 00:33:26.880
And we did our first one, learned a lot from that, felt like there were some things we could do better.
00:33:26.960 --> 00:33:27.839
We did our second one.
00:33:28.000 --> 00:33:29.119
And the clients loved it.
00:33:29.200 --> 00:33:32.079
We and we asked for very direct feedback on how we can improve it.
00:33:32.319 --> 00:33:37.920
Um and so you know, there's some key things that we did, which was we're not selling anything, there's nothing to buy.
00:33:38.079 --> 00:33:43.680
We want connection, we want real results in the room, real experts, not become an outside speaker, but it just lowered that.
00:33:43.759 --> 00:33:46.880
And then, yeah, you're right, connecting with people that are trying to do the to do the thing.
00:33:47.359 --> 00:33:48.240
Light-minded, right?
00:33:48.480 --> 00:33:48.559
Yeah.
00:33:48.880 --> 00:33:51.440
That's where I go back to talking about you as a human, right?
00:33:51.680 --> 00:34:04.960
Just that bringing that intensity and then so you know, and having other other founders who are comfortable with and I presume the what's a percentage of your companies that still founder-led versus CEOs?
00:34:05.359 --> 00:34:06.559
Uh mostly founder-led.
00:34:06.799 --> 00:34:08.159
I mean, I say that.
00:34:08.559 --> 00:34:18.880
We deal with we we've attracted a fair amount of um multi-generational family businesses just because it's probably it's probably half and half in terms of that, that's not a multi-generation.
00:34:19.039 --> 00:34:29.760
So we got a CEO that wasn't the founder, and then yeah, I would say probably it's probably half and half, or maybe a little bit more on the next generation or next owner versus original founder.
00:34:31.440 --> 00:34:34.079
Yeah, so I mean it's interesting.
00:34:35.760 --> 00:34:43.519
A third non-emotionally connected leader and two-thirds emotionally connected leaders.
00:34:43.840 --> 00:34:44.000
Yeah.
00:34:44.079 --> 00:34:44.239
Yeah.
00:34:44.400 --> 00:34:44.639
Yeah.
00:34:44.800 --> 00:34:44.960
Yeah.
00:34:45.199 --> 00:34:45.280
Yeah.
00:34:45.360 --> 00:34:47.039
And I think it I love that you bring up that.
00:34:47.119 --> 00:34:53.840
And obviously I'm
I'm proud of my intensity, but one of the things that I've noticed is yeah, I think it's the initial attraction to us, and certainly part of what we've attracted.
00:34:54.000 --> 00:35:02.480
I think the reason many of our clients have stayed and what I've evolved to in my coaching is really get into the place about the opportunity to really do good, good in the world.
00:35:02.719 --> 00:35:02.960
Yeah.
00:35:03.199 --> 00:35:17.519
There's just some amazing stories in terms of impact we've had for entry-level employees, for drivers on a forklift, for guys spraying pest chemicals, stuff like that, the impact we have had and and and really, and really helping uh my founders, CEOs, and leadership teams recognize that.
00:35:17.599 --> 00:35:20.639
So my intensity is probably the sizzle up front.
00:35:20.800 --> 00:35:31.760
But what I've noticed is the fact that I helped them understand how we can we can take this high performing, financially successful company and make real impact on humans and then really celebrate that.
00:35:31.840 --> 00:35:36.960
The last two days with the client I had up here, uh, it was really a celebration of a goal we set.
00:35:37.119 --> 00:35:38.159
It was six people in the room.
00:35:38.239 --> 00:35:39.920
That was the entire company seven years ago.
00:35:40.000 --> 00:35:40.079
Yeah.
00:35:40.320 --> 00:35:43.360
15x the company in in the last seven years.
00:35:43.440 --> 00:35:43.599
Yeah.
00:35:43.760 --> 00:35:46.320
Like it was just like, guys, let's just breathe that in for a minute.
00:35:46.480 --> 00:35:51.199
So it's interesting as I've evolved, part of it's probably my age, but the intensity is kind of that front end.
00:35:51.280 --> 00:35:55.199
And and my clients do, especially early on, they like that because they're trying to try to figure out how to find that.
00:35:55.280 --> 00:35:58.800
As they've grown, they feel like they've lost so maybe they've diluted because they're spread too thin.
00:35:59.039 --> 00:36:00.559
Well, I I think, you know.
00:36:02.719 --> 00:36:08.960
I sh I share your I I'll I'll call it belief, right?
00:36:09.599 --> 00:36:19.280
That look, the only way you're gonna build a great company is by building a great company that has great people.
00:36:19.440 --> 00:36:19.599
Yeah.
00:36:19.920 --> 00:36:20.239
Right?
00:36:20.400 --> 00:36:20.559
Yeah.
00:36:20.800 --> 00:36:24.000
And so, you know, getting back to your point on leadership, yeah, right.
00:36:24.239 --> 00:36:30.159
It's look, guys, you know, then it's and and and because I want to drill more on what you're doing on the leadership side, right?
00:36:30.320 --> 00:36:36.159
But it's it's look, guys, you know, as goes the leadership team, so goes the rest of the organization.
00:36:36.559 --> 00:36:37.039
Right.
00:36:37.280 --> 00:36:48.480
And so, and and if if you can't get your leadership aligned and you can't get your leadership team, right, recognizing that for them to be successful, the people that
work for them need to be successful.
00:36:48.639 --> 00:36:53.280
And for the company to be successful, you really want everybody to want the company to be successful.
00:36:53.440 --> 00:36:53.599
Yeah.
00:36:53.760 --> 00:37:04.239
And if you got a bunch of people below the leadership team that you know are are sort of throwing bombs and you know, d not liking one another, and it's just an unhealthy environment, right?
00:37:04.320 --> 00:37:06.639
That's just that's just it's not gonna work, actually.
00:37:07.199 --> 00:37:08.639
It's enlightened self-interest, right?
00:37:08.800 --> 00:37:19.440
Which is why, you know, almost I would say within two years of me getting into the coaching game, I started pushing all of my clients to certify great place to work.
00:37:19.920 --> 00:37:24.639
So all of my clients, right, always certified great place to work, right?
00:37:24.880 --> 00:37:28.000
And and and you know, six, seven, eight years, right?
00:37:28.239 --> 00:37:29.920
Yeah certified in a row.
00:37:30.079 --> 00:37:32.559
Um, and then you know, we do it ourselves.
00:37:32.880 --> 00:37:44.880
Um and you know, barely made it by the skin of our teeth last year because you know, we had to let people go, um, and that kind of sucked, and you know, yeah, and it shows up in the results.
00:37:45.119 --> 00:37:51.119
But, you know, but the focus on just being uh the on the humans, yeah.
00:37:51.360 --> 00:37:51.679
Right?
00:37:51.920 --> 00:37:52.239
Yeah.
00:37:52.639 --> 00:38:00.239
It's like you get you, you know, you can be all aggressive and everything else, but if you don't get that, you're not gonna win.
00:38:00.480 --> 00:38:00.639
Yeah.
00:38:00.800 --> 00:38:00.960
Yeah.
00:38:01.039 --> 00:38:09.440
And if they don't feel part of the winning, that's the thing that's so interesting with some of these small to mid-sized companies because they get nervous about sharing the vision, the plan, the strategy, especially the financials.
00:38:09.519 --> 00:38:09.679
Yeah.
00:38:09.840 --> 00:38:11.360
I'm like, guys, I hear you.
00:38:11.519 --> 00:38:15.599
All I can tell you is we have all this information from all these companies you work with.
00:38:15.760 --> 00:38:17.199
People want to be part of a winning team.
00:38:17.280 --> 00:38:18.400
They also want to feel secure.
00:38:18.480 --> 00:38:18.639
Yeah.
00:38:18.719 --> 00:38:19.599
How do we help them see that?
00:38:19.760 --> 00:38:22.800
One, that you have a plan, two, that we are winning because they want to do it.
00:38:22.960 --> 00:38:24.480
And I always use the analogy of people with sports.
00:38:24.559 --> 00:38:25.840
People are passionate about sports, right?
00:38:26.079 --> 00:38:26.639
Like crazy.
00:38:26.719 --> 00:38:27.679
We won the Super Bowl.
00:38:27.760 --> 00:38:28.639
You run on the team.
00:38:28.800 --> 00:38:32.159
You don't own the team, but you still feel like you won.
00:38:32.239 --> 00:38:32.400
Yeah.
00:38:32.559 --> 00:38:32.719
Right?
00:38:32.880 --> 00:38:34.880
Whatever, oh, you it doesn't have to be sports.
00:38:34.960 --> 00:38:36.400
You'd be music that you can be passionate about.
00:38:36.639 --> 00:38:37.840
You feel a part of it.
00:38:38.000 --> 00:38:41.679
Why wouldn't somebody who's working in the organization have that same connection to the company?
00:38:42.079 --> 00:38:48.639
What percentage of your, because what percentage of your companies they all I presume they all share revenue?
00:38:48.960 --> 00:38:49.760
Uh yes.
00:38:50.320 --> 00:38:51.039
All share revenue.
00:38:51.119 --> 00:38:51.599
Yeah.
00:38:52.239 --> 00:38:56.400
Do uh I presume that they share either gross margins or operating margins.
00:38:56.639 --> 00:38:56.800
Yeah.
00:38:56.880 --> 00:39:02.400
So I would say probably I would say 95, there may be one person, but I would say 100% share revenue.
00:39:02.480 --> 00:39:02.800
Yeah.
00:39:03.039 --> 00:39:11.199
I would say um close to 90% are going to share gross margin and 80, 85% are going to share net margin or eBay.
00:39:11.519 --> 00:39:11.679
Wow.
00:39:11.840 --> 00:39:13.119
So we we push it hard.
00:39:13.360 --> 00:39:13.440
Yeah.
00:39:13.599 --> 00:39:22.320
Because I'm like, listen, gang, first off, first off, if you if they if they don't have, if your teams don't have basic financial literacy, they can't help you do it.
00:39:22.480 --> 00:39:26.639
So if they don't know what cogs are and overhead is, they can't help you manage it, right?
00:39:26.800 --> 00:39:26.880
Yeah.
00:39:27.039 --> 00:39:31.039
And you're going to get great ideas from frontline folks when you start to help them understand what we're trying to do.
00:39:31.440 --> 00:39:37.840
Secondarily, in a world that's got a lot of chaos, when you show people profit is we are winning and we can reinvest in you.
00:39:38.000 --> 00:39:39.440
Profit is the fuel for growth.
00:39:39.599 --> 00:39:45.840
So when we make money, what that lets us do is hire more, buy better systems, put you in a nicer office, buy the machine.
00:39:46.159 --> 00:39:49.840
We get to do those things and prepare for inevitability.
00:39:49.920 --> 00:39:55.920
So if you're concerned about security and you may live paycheck to paycheck, it's nice to know there's a leadership group that's saying we have a plan.
00:39:56.000 --> 00:39:58.880
And then they start seeing you hit that plan quarter over quarter.
00:39:58.960 --> 00:40:03.039
And be honest, when you don't, they start to understand, okay, I'm safe here, right?
00:40:03.119 --> 00:40:05.840
If we go back to Maslow's hierarchy, what's the most basic human need?
00:40:05.920 --> 00:40:08.400
And if I'm in an entry-level role, that's always the thing.
00:40:08.480 --> 00:40:10.480
Like, I don't want to share profit, they're going to ask me for a race.
00:40:10.559 --> 00:40:12.960
I'm like, well, that's a that's a cultural issue.
00:40:13.119 --> 00:40:18.719
Want people to make a fair wage, and as long as you're in pay bands
and range and you've done some research about what's a then you should be able to do that.
00:40:18.800 --> 00:40:23.360
And if they add value and increase the value of the company, then we should share that with them after they've done that.
00:40:23.519 --> 00:40:26.159
But anyway, that's the fear initially for a lot of folks.
00:40:26.239 --> 00:40:26.480
Yeah.
00:40:26.639 --> 00:40:33.519
Um, but we we're we're pretty it's not required, but it is strongly, strongly uh suggested.
00:40:33.599 --> 00:40:34.400
Let me just say it that way.
00:40:34.480 --> 00:40:45.440
Aaron Powell Do you have you found yourself helping the companies think about how to share in in in in sort of in the riches, if you will, and and share in the profit improvements and things like that?
00:40:45.920 --> 00:40:49.119
What percentage of your companies buy into that?
00:40:49.840 --> 00:40:58.320
You know, it so uh the the plans are really formal and probably a smaller percentage, but helping understand when we outperform that there's an opportunity.
00:40:58.880 --> 00:41:05.840
I wouldn't say it's direct profit sharing, but certainly when we are winning, having c uh people understand there's bonus opportunities or whatever else.
00:41:06.000 --> 00:41:09.360
So I don't they don't all have a true profit sharing program.
00:41:09.599 --> 00:41:09.760
Right.
00:41:10.000 --> 00:41:13.760
Um but I would say I mean, listen, obviously labor is getting more and more expensive.
00:41:13.840 --> 00:41:17.440
So it's it's happening by by default, especially some of the markets we serve.
00:41:17.599 --> 00:41:17.760
Yeah.
00:41:18.000 --> 00:41:20.719
Um but yeah, it it's in it's innately there.
00:41:20.880 --> 00:41:23.039
There's a couple with a with a real clear program.
00:41:23.199 --> 00:41:30.480
But again, with some of the size companies, you know, it takes a minute for them to get to that point uh in terms of a of a true profit sharing program.
00:41:30.559 --> 00:41:43.760
Aaron Ross Powell You talked about three things that you you're focused on doing that you think is a little bit sort of next generation in terms of supporting companies as a as a as a coach.
00:41:44.159 --> 00:41:50.480
Um the leadership side, are you is there and I know you you've just said you've created a curriculum.
00:41:50.880 --> 00:41:51.840
A curriculum, right?
00:41:52.239 --> 00:41:59.519
Is it is that become sort of non five days kind of work?
00:41:59.760 --> 00:41:59.840
Yes.
00:42:00.159 --> 00:42:01.440
Is that how you guys are handling the other thing?
00:42:03.360 --> 00:42:11.360
Because my first I first, because we started doing the second-level facility, second and third level facilitation, I was seeing some things in kind of the VP, senior director, director.
00:42:11.599 --> 00:42:14.480
I was like, we've got to get some some soft skills in here.
00:42:14.559 --> 00:42:17.440
We've got to start having some of these, we say we've got to hold them more accountable.
00:42:17.599 --> 00:42:18.880
Okay, like how, right?
00:42:19.039 --> 00:42:20.559
Like, how do we how do we do that?
00:42:20.719 --> 00:42:22.880
Just like we know how to run a weekly meeting.
00:42:22.960 --> 00:42:24.719
We run, we know how to address score.
00:42:24.880 --> 00:42:26.239
How do I hold people more accountable?
00:42:26.480 --> 00:42:27.679
We need some how in that.
00:42:27.920 --> 00:42:30.320
So um I saw it there, but then I backed up.
00:42:30.400 --> 00:42:37.840
So I was building in that for that originally, and then I had this awareness like, wait a minute, some of my leadership teams, even with very successful companies, need some of this as well.
00:42:38.000 --> 00:42:41.760
So we've built it to where we can plug it into part of our quarterly.
00:42:41.840 --> 00:42:46.079
So instead of a new tool, we basically take that hour, hour and a half and plug in that.
00:42:46.400 --> 00:42:48.320
And we've got a couple of different ways we can sequence it.
00:42:48.400 --> 00:42:52.239
So as long as six months, where most of the teaching is happening in those three quarterly.
00:42:52.480 --> 00:42:57.199
So Q1, Q2, Q3, we get it all delivered because there's tools associated with everything else.
00:42:57.360 --> 00:42:59.840
And we see it as a standalone for that next level.
00:42:59.920 --> 00:43:00.079
Yeah.
00:43:00.239 --> 00:43:11.119
Um, we also see it, quite frankly, as an opportunity for clients who don't use us for strategic planning, who may have another coach for us to get involved, get engaged, and show how we're different and what we do.
00:43:11.280 --> 00:43:16.239
Um, so I don't necessarily know we're gonna do a ton of that front end, but I do think it's an opportunity.
00:43:16.480 --> 00:43:16.719
Yeah.
00:43:16.880 --> 00:43:20.639
And and you're and you're actually putting it are uh we haven't talked about this.
00:43:20.800 --> 00:43:26.559
Are you gonna be putting it in the the tool section in within the 90 institution?
00:43:26.800 --> 00:43:26.960
Absolutely.
00:43:27.039 --> 00:43:27.119
Yeah.
00:43:27.280 --> 00:43:27.360
Yeah.
00:43:27.440 --> 00:43:29.039
So we use the knowledge tab, we'll build that out.
00:43:29.360 --> 00:43:33.760
Because the cool thing now with the collections is we can turn it on and off and we can make it available to different teams.
00:43:33.920 --> 00:43:40.239
So with the advancements you've made with the knowledge tab, it now before we wouldn't have been able to do it, but now uh like within the mastery days and stuff like that.
00:43:40.400 --> 00:43:40.480
Yeah.
00:43:40.639 --> 00:43:45.599
So with the way the knowledge tab has been architected, we're going to be able to leverage it, which we're super excited about because it allows us to deploy it.
00:43:45.760 --> 00:43:49.440
In fact, we just started now using uh the knowledge tab for even our session prep.
00:43:49.519 --> 00:43:52.880
So we have different things we're doing, like with the engine we just did,
we're directing them back there.
00:43:52.960 --> 00:43:56.559
So the knowledge tab has been a place, really a repository for us for those kinds of things.
00:43:56.639 --> 00:43:57.280
So we'll go there.
00:43:57.679 --> 00:43:58.079
Cool.
00:43:58.400 --> 00:44:00.800
Um That makes sense.
00:44:01.039 --> 00:44:02.320
Let's move over to strategy.
00:44:02.559 --> 00:44:02.960
Yep.
00:44:03.360 --> 00:44:08.719
So I have an uh I think an unusual perspective around what strategy is.
00:44:09.039 --> 00:44:09.519
Imagine that.
00:44:09.679 --> 00:44:09.920
Right?
00:44:10.079 --> 00:44:10.719
Imagine that.
00:44:10.880 --> 00:44:11.199
Right.
00:44:11.599 --> 00:44:30.800
So I believe that there are five unavoidable stages of development, going from basically the idea of a business to a exceptional company that you can confidently and competently hand off to a next generation of leaders and or um or owners, right?
00:44:31.280 --> 00:44:35.840
And I believe that strategy at its core is about winning each stage.
00:44:36.800 --> 00:44:37.360
Right?
00:44:37.760 --> 00:44:40.559
Because you got to win the stage to move to the next stage.
00:44:40.800 --> 00:44:41.039
Sure.
00:44:41.199 --> 00:44:41.519
Right.
00:44:41.679 --> 00:44:53.440
And I believe that most of the coaching communities are focused on companies that are at stage three, which is where you're you're now systemizing, right?
00:44:53.840 --> 00:45:00.400
You know, the the someone always shows, you tell me if I'm wrong here, but I believe 90 plus percent of the time, right?
00:45:02.480 --> 00:45:06.000
They're open to coaching because they're suffering from pain.
00:45:06.159 --> 00:45:09.760
And I believe the pain they're typically suffering from is people pain.
00:45:10.000 --> 00:45:10.239
Yeah.
00:45:10.400 --> 00:45:10.719
100%.
00:45:11.119 --> 00:45:11.280
Right?
00:45:11.440 --> 00:45:11.599
Yeah.
00:45:11.760 --> 00:45:24.400
And what happens is you get to the place where, okay, now I need marketing and I need sales and I've got ops, and maybe obviously, depending upon the industry, um, there's even a lot more departments than that, right?
00:45:24.639 --> 00:45:28.639
Finance, obviously, um client success, right?
00:45:28.719 --> 00:45:32.480
We we've got like, you know, 12 departments in our company, right?
00:45:32.960 --> 00:45:37.519
Um, and you hire these people, especially founders, right?
00:45:37.679 --> 00:45:47.599
You hire people who look like they've been there and done that, and then they come in with their own damn playbooks and their own damn perspective of performance, their own opinion on culture, their own this, this, this.
00:45:47.760 --> 00:45:50.719
And next thing you know, you turn around and you're like, I can't stand my company.
00:45:50.880 --> 00:45:51.119
Yeah.
00:45:51.280 --> 00:45:51.679
Right?
00:45:51.920 --> 00:45:53.280
So this is crazy.
00:45:53.440 --> 00:45:56.159
I can't believe I've built a company that I've ended up hating.
00:45:56.239 --> 00:45:56.480
Yeah.
00:45:56.559 --> 00:45:56.960
Right.
00:45:57.199 --> 00:46:04.000
And I've talked to a lot of founders, and this is a like a hundred percent occurrence, right?
00:46:04.159 --> 00:46:07.039
So you get to this place where like, what the WTF?
00:46:07.199 --> 00:46:08.159
I can't believe I've done this.
00:46:08.480 --> 00:46:27.440
I got to figure out how to get everybody on the same page, all believing in where we're going, all aligned around all these things that are really in critical, like performance management, KPIs, weekly meetings, you know, whatever feedback system we believe in quarterly conversations they want to have, right?
00:46:27.840 --> 00:46:32.480
And and and like, and then where they're working well together.
00:46:32.559 --> 00:46:38.800
There's not silos, there's not, you know, a bunch of you know inviting and yeah, yeah, crap.
00:46:39.039 --> 00:46:39.280
Yeah.
00:46:39.519 --> 00:46:40.159
Right.
00:46:40.480 --> 00:46:43.199
And so that so that's stage three, right?
00:46:43.519 --> 00:46:48.559
And and and so winning that stage is basically getting everybody on the same page.
00:46:48.719 --> 00:46:49.119
Yes.
00:46:49.360 --> 00:46:49.599
Right?
00:46:49.760 --> 00:46:50.239
Yes.
00:46:50.480 --> 00:46:54.800
And and and you know, and sometimes it's not just about the leadership team.
00:46:54.880 --> 00:47:00.239
It's it could be the founder, the co-founders, you know, the COO and the and the and the CEO.
00:47:00.559 --> 00:47:05.360
Yeah, well, especially when you have multiple owners, and we've got a lot of companies that have multiple owners, and there's times where their their relationship is good.
00:47:05.440 --> 00:47:05.920
I've had several.
00:47:06.159 --> 00:47:07.599
I'm like, I get that you're good friends.
00:47:07.679 --> 00:47:09.119
You guys get to hang out, you love each other.
00:47:09.199 --> 00:47:10.159
Yeah, that's awesome.
00:47:10.400 --> 00:47:17.039
She and and you and you are are not on the same page about where we're trying to go, even though your relationship exact fair enough.
00:47:17.119 --> 00:47:17.360
Exactly.
00:47:17.679 --> 00:47:17.760
Right.
00:47:17.840 --> 00:47:18.800
That's a huge one, right?
00:47:18.960 --> 00:47:22.559
Well, I just want to get to 20, or I I just want to grow three or five percent, right?
00:47:22.880 --> 00:47:24.320
Or well, I want to grow 50%.
00:47:24.719 --> 00:47:24.880
Yeah.
00:47:25.039 --> 00:47:26.400
I mean, that's a big disconnect.
00:47:26.480 --> 00:47:26.639
Yeah.
00:47:26.880 --> 00:47:29.360
I want to go like aggressively pursue this.
00:47:29.440 --> 00:47:32.079
Well, I I think we're fine right here, right?
00:47:32.480 --> 00:47:34.639
Yeah, because it impacts my distributions.
00:47:35.440 --> 00:47:36.000
Right.
00:47:36.719 --> 00:47:37.280
Yeah.
00:47:37.599 --> 00:47:37.840
Right.
00:47:38.079 --> 00:47:38.320
For sure.
00:47:38.639 --> 00:47:43.039
So so that's why, you know, to me, right, and
I go through all five stages, right?
00:47:43.199 --> 00:47:46.480
But to me, it's about, okay, what do we need to do to win this stage?
00:47:46.639 --> 00:47:46.880
Right.
00:47:47.039 --> 00:47:47.199
Right?
00:47:47.280 --> 00:47:48.559
That's what strategy is all about.
00:47:49.199 --> 00:47:57.039
And and I and I'm curious, you know, and you can knock me back and say you're wrong, but to me, that's what strategy is all about.
00:47:57.199 --> 00:48:02.800
When you're teaching strategy, are you are you more along the lines of like blue ocean and things like that?
00:48:02.880 --> 00:48:04.800
Or what what when you say strategy, what do you mean?
00:48:05.039 --> 00:48:08.000
Yeah, so I think initially, and obviously this is continued to involve it.
00:48:08.079 --> 00:48:12.239
I think this is the air, once we get this, once the leadership curriculum's done, that's the next thing for me.
00:48:12.320 --> 00:48:14.639
Because I think we've done a great job on financial rigor.
00:48:14.880 --> 00:48:16.800
I'm now really proud of the workers on leadership.
00:48:16.880 --> 00:48:23.360
And so I think we we were doing some things well on strategy, uh, but I uh just like leadership now, I'm I'm feeling called to the next version of that.
00:48:23.519 --> 00:48:27.360
So I wouldn't say there's a particular body of work we necessarily use on that.
00:48:27.519 --> 00:48:28.639
But to your point, I agree.
00:48:28.719 --> 00:48:35.440
They're trying to get everybody on the same page in terms of that, which then leads to once on the same page, do we do it the same way?
00:48:35.679 --> 00:48:36.880
So system process, right?
00:48:36.960 --> 00:48:38.719
So it's like we collectively do it the same way.
00:48:38.880 --> 00:48:38.960
Right.
00:48:39.039 --> 00:48:41.360
Like so it's like, okay, we agree, we want to go do this thing.
00:48:41.440 --> 00:48:46.079
Now I can't have one estimator estimating projects this way and another estimating another way.
00:48:46.159 --> 00:48:46.239
Right.
00:48:46.320 --> 00:48:49.119
So it's like it's like we agree here, then the next thing for us is that.
00:48:49.360 --> 00:48:50.880
Then to me, it's a differentiation cycle.
00:48:51.039 --> 00:48:58.400
So it's like what what I think a lot of the mid-sized companies don't think about is once they've had that level of success, they're now built to serve a certain type of client.
00:48:58.800 --> 00:49:03.599
And what got them up was they basically would say yes to anything, because again, right, don't die.
00:49:03.760 --> 00:49:04.880
That's that's that's the marching.
00:49:05.199 --> 00:49:07.840
So genuinely being honest about an ideal customer profile.
00:49:08.159 --> 00:49:08.400
Correct.
00:49:08.480 --> 00:49:08.639
Absolutely.
00:49:09.119 --> 00:49:12.880
And genuinely be honest about the compelling value proposition three, and what do you call them?
00:49:13.199 --> 00:49:16.800
Uh we call it, I mean, so it's it's really ideal client and then brand
promises.
00:49:17.039 --> 00:49:19.920
And really and we really stand for the brand promise and then differentiated activities.
00:49:20.159 --> 00:49:20.239
Right.
00:49:20.400 --> 00:49:21.119
So how are we different?
00:49:21.199 --> 00:49:22.400
Not better, but how are we different, right?
00:49:22.480 --> 00:49:24.159
And there's obviously a lot of great examples around that.
00:49:24.320 --> 00:49:34.000
But so for me, the ideal client piece is one that we we do in the beginning, but it really doesn't come to life until we get a little further along because it requires you to say no.
00:49:34.159 --> 00:49:34.239
Right.
00:49:34.480 --> 00:49:37.360
And many founders and key leaders are not good at saying no.
00:49:37.519 --> 00:49:42.960
And what I have to help them understand is you have built a machine that is built to serve a certain client.
00:49:43.039 --> 00:49:43.280
Yeah.
00:49:43.440 --> 00:49:46.880
And you may have been serving this other client for the last 20 years, 50 years, whatever.
00:49:47.039 --> 00:49:48.400
We're gonna have to say no.
00:49:48.480 --> 00:49:48.639
Yeah.
00:49:48.800 --> 00:49:56.480
And a lot of times, part of the people changes we have made in the process have helped because it you remember how we had to make this change and this people function, and that was an amazing person for a long time.
00:49:56.559 --> 00:49:58.239
And then the company outgrew them.
00:49:58.400 --> 00:50:02.000
The same thing is happening for you with your clients, your customers.
00:50:02.159 --> 00:50:07.119
There are certain customers and clients that you can be grateful for for the season that they were appropriate for your business.
00:50:07.199 --> 00:50:07.360
Yeah.
00:50:07.519 --> 00:50:08.639
They are no longer appropriate.
00:50:08.719 --> 00:50:17.599
And as long as you keep saying yes to them and you don't pay attention to the fact that your overhead doesn't make sense to start up a project of this size, we have a problem.
00:50:17.679 --> 00:50:21.039
So there's the ideal client discipline around that, getting clear about that.
00:50:21.119 --> 00:50:25.679
And and I tell you the thing we've added there that's been helpful is not just who they are, but who they aren't.
00:50:25.840 --> 00:50:26.079
Yeah.
00:50:26.480 --> 00:50:26.800
100%.
00:50:27.039 --> 00:50:27.119
Yeah.
00:50:27.199 --> 00:50:28.880
So it's like it's not just, oh, this is who we want.
00:50:28.960 --> 00:50:30.000
No, it's like who are they not?
00:50:30.079 --> 00:50:30.239
Yeah.
00:50:30.320 --> 00:50:33.599
And I tell you that, who are you, who are they not questioned has been powerful.
00:50:33.679 --> 00:50:33.840
Yeah.
00:50:34.000 --> 00:50:35.840
And it's forced people to really think.
00:50:36.079 --> 00:50:37.119
So then it's the brand problem.
00:50:37.360 --> 00:50:37.920
What do we stand for?
00:50:38.000 --> 00:50:39.679
Like, what are we going to promise to the market and deliver?
00:50:39.760 --> 00:50:40.719
And how do we
measure that?
00:50:40.800 --> 00:50:40.880
Right?
00:50:41.039 --> 00:50:42.960
Because it you can say, we're unique this way.
00:50:43.039 --> 00:50:45.920
And it's just, it's just, I mean, honestly, it's crap.
00:50:46.000 --> 00:50:46.159
Yeah.
00:50:46.320 --> 00:50:56.480
And so it's like when we've synthesize it down, and there was, I was looking at some Harvard Business Review stuff on this, it's really helped us get clear about that in terms of what is the promise we're going to make to the market more than how we're unique.
00:50:56.639 --> 00:50:57.920
And how do we measure it?
00:50:58.000 --> 00:51:03.119
So if I'm going to make this promise, what are the what are the things on my scorecard that show me we're actually hitting that?
00:51:03.280 --> 00:51:03.519
Yeah.
00:51:03.679 --> 00:51:04.880
It's it's it's funny.
00:51:05.039 --> 00:51:10.079
Um who gives a damn if you're unique?
00:51:10.239 --> 00:51:10.559
Yeah.
00:51:10.880 --> 00:51:11.119
Right?
00:51:11.199 --> 00:51:12.480
That's not what they're buying.
00:51:12.639 --> 00:51:12.800
Right.
00:51:12.960 --> 00:51:14.639
They're not buying you being unique.
00:51:14.800 --> 00:51:14.960
Right.
00:51:15.119 --> 00:51:15.360
Right.
00:51:15.599 --> 00:51:16.400
They're buying something.
00:51:16.559 --> 00:51:16.880
Yeah.
00:51:17.119 --> 00:51:22.320
And now the question is, do most of your customers say this is why we're buying from you?
00:51:22.719 --> 00:51:22.880
Right.
00:51:23.119 --> 00:51:23.280
Right?
00:51:23.679 --> 00:51:24.480
Plus or minus.
00:51:24.559 --> 00:51:24.719
Yeah.
00:51:25.199 --> 00:51:41.119
And and then, you know, I remember a long, long time ago uh sitting with um what is now a multi, multi, multi, uh, billion dollar private equity firm in its first year or second year.
00:51:41.360 --> 00:51:42.960
Won't go say the name.
00:51:43.280 --> 00:51:53.280
Um, but they had a model that was very transactional.
00:51:56.559 --> 00:52:01.280
They did everything they could to like buy stuff as cheap as possible.
00:52:01.920 --> 00:52:11.760
And the it became relatively well known for backtrading, you know, last minute, because you know, when you're doing due diligence, you can always find shit.
00:52:12.000 --> 00:52:12.239
Sure.
00:52:12.480 --> 00:52:16.400
And if someone's, you know, you spent two or three months, right?
00:52:16.880 --> 00:52:19.199
You can smell the right the lucre.
00:52:19.599 --> 00:52:26.400
And next thing you know, it's like, well, this, this, this, this, this, we're gonna cut your price by twenty percent or fifteen percent, right?
00:52:27.360 --> 00:52:34.159
Everybody's leaked out to the company, you know, the investors, like there's all this pressure to just close.
00:52:34.480 --> 00:52:34.639
Right.
00:52:35.119 --> 00:52:38.159
And back then it was like that was just their game.
00:52:38.400 --> 00:52:38.800
The playbook.
00:52:39.039 --> 00:52:40.159
That was their playbook, right?
00:52:41.199 --> 00:52:50.880
And
they had they didn't have that playbook just with the companies they were buying, they had it with their lending partners as well.
00:52:51.519 --> 00:52:51.920
Right?
00:52:53.280 --> 00:52:59.599
And so we're sitting here going, I have a funny feeling you're just not buying what we're selling.
00:53:00.559 --> 00:53:00.960
Right?
00:53:01.119 --> 00:53:01.280
Right.
00:53:01.519 --> 00:53:04.159
Because we were selling a long-term relationship, right?
00:53:04.239 --> 00:53:05.599
You could depend on us.
00:53:05.760 --> 00:53:09.199
If we say we're gonna get this done early on, we're not gonna trade on you.
00:53:09.360 --> 00:53:09.519
Right.
00:53:09.679 --> 00:53:09.920
Right.
00:53:10.320 --> 00:53:15.519
And then the we're not gonna trade on you is like, well, we're gonna trade on you, kind of right.
00:53:15.760 --> 00:53:18.480
So it's just they didn't buy what we sold.
00:53:18.719 --> 00:53:19.280
Right.
00:53:19.519 --> 00:53:22.719
And uh literally had that conversation with them, you know.
00:53:22.960 --> 00:53:26.159
And it was, you know, it's kind of like, I can't believe it came out of my mouth.
00:53:26.239 --> 00:53:26.559
Yeah.
00:53:26.800 --> 00:53:28.000
But it was the right thing to say.
00:53:28.159 --> 00:53:28.400
Sure.
00:53:28.559 --> 00:53:29.280
And it was true.
00:53:29.440 --> 00:53:29.760
Yeah.
00:53:30.000 --> 00:53:32.159
And so, you know, it's like, okay, yeah.
00:53:32.400 --> 00:53:36.079
We're, you know, there's people gonna have relationships, there's people not gonna have relationships with us, right?
00:53:36.400 --> 00:53:38.079
But I think that's that's the key thing you said.
00:53:38.159 --> 00:53:39.119
Like it's true.
00:53:39.280 --> 00:53:45.519
And this is where I think, you know, coming back to the strategy piece, it's like the reason we go so hard at the IDO client is we're gonna make you apply it.
00:53:45.599 --> 00:53:47.760
This is not just an intellectual exercise, we're gonna apply it.
00:53:47.840 --> 00:53:48.000
Yeah.
00:53:48.159 --> 00:53:50.880
When we do the brand promise, we're gonna figure out again how we're gonna measure.
00:53:51.119 --> 00:53:56.960
When we talk about differ different activities, we're actually gonna make sure if if these are the things that make us different, right?
00:53:57.360 --> 00:53:59.519
What what are they and how do we protect them?
00:53:59.679 --> 00:54:02.400
And how do we make sure that they always happen at that level?
00:54:02.480 --> 00:54:06.559
And where can we get inspiration in our industry, outside of our industry for those other things?
00:54:06.639 --> 00:54:18.400
And so to me, when we talked about that strategy stuff to your point, I think where a lot of it gets lost is this kind of just this ethereal strategic view versus how are we executing against these components of strategy?
00:54:18.719 --> 00:54:23.119
And and and what it's really getting down to is discipline around the commits.
00:54:23.360 --> 00:54:23.679
Yes.
00:54:23.840 --> 00:54:24.000
Right?
00:54:24.239 --> 00:54:24.400
Yes.
00:54:24.639 --> 00:54:30.800
Okay, we said we're gonna do this, we said we care about these people, but 50% of our customers are not these people, right?
00:54:30.880 --> 00:54:32.159
Are we serious or right?
00:54:32.239 --> 00:54:33.360
Are we wasting our time?
00:54:33.440 --> 00:54:40.800
And and um, you know, my my experience has been I'm curious where yours is.
00:54:41.519 --> 00:54:52.079
I think without oftentimes without folks like us like pushing for the it's like a it's like a you know, a training coach, right?
00:54:52.320 --> 00:54:52.880
A hundred percent.
00:54:53.039 --> 00:54:53.280
You know?
00:54:53.599 --> 00:54:54.239
A hundred percent.
00:54:55.119 --> 00:54:56.079
Most wouldn't do it.
00:54:56.320 --> 00:54:56.559
Right.
00:54:56.800 --> 00:54:57.599
Not to that degree.
00:54:57.760 --> 00:54:57.920
No.
00:54:58.079 --> 00:54:58.960
Not that many reps.
00:54:59.119 --> 00:54:59.199
No.
00:54:59.440 --> 00:55:00.480
Not hold for three seconds.
00:55:00.639 --> 00:55:00.800
Yeah.
00:55:01.360 --> 00:55:02.159
It's just not the same.
00:55:02.400 --> 00:55:03.199
It's not the same, right?
00:55:03.760 --> 00:55:04.079
Yeah.
00:55:04.320 --> 00:55:04.559
Yeah.
00:55:04.639 --> 00:55:05.360
So I I agree.
00:55:05.519 --> 00:55:19.039
And I think I think what I see, Mark, and the in the clients we have is even if they've done the work, because even people that have like left and come back, they're like, you made us declare this stuff, but we weren't disciplined to it.
00:55:19.199 --> 00:55:22.159
So for instance, we got our ideal client profile.
00:55:22.480 --> 00:55:29.119
In a in a if I'm only looking at one deal, one opportunity, and I have this profile and this doesn't fit, I can justify that.
00:55:29.360 --> 00:55:35.039
What I and my coach team is we make you pull back and say, if you say yes to that, what are you saying no to?
00:55:35.280 --> 00:55:39.679
Because we do not have unlimited time, we do not have unlimited people, and we do not have unlimited money.
00:55:39.840 --> 00:55:45.440
So when you say yes to that deal that's outside of your ideal client profile, one, why are you doing it?
00:55:45.519 --> 00:55:46.719
And what's the cost on the other side?
00:55:46.880 --> 00:55:47.760
Because there is a cost.
00:55:48.000 --> 00:55:48.320
Yeah.
00:55:48.480 --> 00:55:48.800
Yeah.
00:55:48.960 --> 00:55:49.599
Yeah.
00:55:51.679 --> 00:55:59.840
To wrap up, where do you think the world of coaching and serving customers is going, given everything you know right now?
00:56:00.239 --> 00:56:00.400
Yes.
00:56:00.719 --> 00:56:02.239
I I'm uh incredibly excited.
00:56:02.320 --> 00:56:04.639
I've been telling my coaches for the last really year and a half, two years.
00:56:04.719 --> 00:56:07.920
It was funny, one of my coaches last week, he's like, I see what you said.
00:56:08.239 --> 00:56:09.039
I didn't quite get it.
00:56:09.199 -->
00:56:11.119
I was like, we're going to get commoditized.
00:56:11.280 --> 00:56:12.880
We're going to, we're going to get diluted.
00:56:12.960 --> 00:56:18.719
I've watched, I've watched disintermediation happen before with the work we did in the mobile space, right?
00:56:18.800 --> 00:56:28.000
I watched what happened to services that financial institution partners had, that the carriers had, that the retailers had, that that phone just demolished, right?
00:56:28.079 --> 00:56:32.400
So I have that in the back of my mind all the time, which is exciting to me because that means there's opportunity.
00:56:32.639 --> 00:56:38.480
So I think that the certainly the human connection, it's easy to say, but our conversation about the CEO event, right?
00:56:38.719 --> 00:56:41.199
The leadership development that we're working on, right?
00:56:41.360 --> 00:56:44.960
And then really stepping in to help them make decisions.
00:56:45.039 --> 00:56:53.039
Because I think part of the not, I don't think, part of the challenge for our clients that are successful and have the ability to grow is they can say yes to so many things right now.
00:56:53.119 --> 00:56:56.239
And there's so much coming at them that they need that voice.
00:56:56.400 --> 00:57:00.880
They need that kind of lighthouse in the middle of what even a good storm, right?
00:57:01.039 --> 00:57:02.079
To kind of help them see.
00:57:02.159 --> 00:57:04.079
So for us, it's gonna be less about the mechanics.
00:57:04.239 --> 00:57:05.679
Listen, you're building an amazing platform.
00:57:05.760 --> 00:57:12.880
At some point, like me going or a coach going to the front room and doing the accountability chart work, I can help, but the tool is going to do a really good job.
00:57:13.039 --> 00:57:13.199
Yeah.
00:57:13.360 --> 00:57:14.559
Setting rocks, setting milestones.
00:57:14.639 --> 00:57:17.199
Refined with mass works really good setting milestones.
00:57:17.280 --> 00:57:19.519
Do I need to stand there with somebody and have them walk through their?
00:57:19.840 --> 00:57:20.159
I don't.
00:57:20.320 --> 00:57:20.400
Right.
00:57:20.639 --> 00:57:21.119
Scoreboard.
00:57:21.199 --> 00:57:22.719
Like, and with the data that's in the platform.
00:57:22.800 --> 00:57:24.159
So to me, I'm like, great.
00:57:24.320 --> 00:57:31.519
It allows us just to continue to go upmarket and deliver more of how do we make these moves versus the mechanics of coaching.
00:57:31.599 --> 00:57:40.000
And that's where I think a bunch of the coaches are quite going to get bludgeoned because they're not thinking that way and they're not thinking about how how do I deliver value at a higher level to those folks.
00:57:40.159 --> 00:57:44.960
And I think a lot of the smaller companies are just going to be able to leverage tools like 90.
00:57:45.039 --> 00:57:49.039
And I don't know that they're going to need the coach because I think 90's and I know you're supporting coaches.
00:57:49.360 --> 00:57:55.280
My
position is that there's going to be a lot they can do with the AI tools they're building in platforms like 90.
00:57:55.440 --> 00:58:00.960
And so if you're just going to be there teaching the mechanics of rocks and scoreboard academy, man, you are in trouble.
00:58:01.599 --> 00:58:02.000
And you're in trouble.
00:58:03.199 --> 00:58:03.920
It gets compressed.
00:58:04.320 --> 00:58:04.639
Absolutely.
00:58:04.800 --> 00:58:06.800
So for me, it's a tremendous opportunity.
00:58:06.880 --> 00:58:11.360
Um it's an exciting time, and it's just a m managing of all that.
00:58:11.440 --> 00:58:13.679
Aaron Powell And it's the it's the more interesting.
00:58:14.239 --> 00:58:14.480
100%.
00:58:14.880 --> 00:58:14.960
Right?
00:58:15.199 --> 00:58:15.519
Like yeah.
00:58:15.599 --> 00:58:16.079
I mean yes.
00:58:16.320 --> 00:58:27.679
Obviously, when you when you start this work, it's kind of funny to do that once you've done it for as you have and as I have and have done, you know, uh 700, 800 sessions now and stuff like that, and a lot of clients that we've worked with over the years and taught this a lot.
00:58:27.760 --> 00:58:29.119
It's from stage and so forth.
00:58:29.280 --> 00:58:34.639
Like that work, I do enjoy it, but it's like I don't, it's not quite the same rush as the other work we get to do.
00:58:34.719 --> 00:58:39.519
We're really moving companies forward uh and really digging helping and having these moments.
00:58:39.679 --> 00:58:45.039
We had two yesterday, literally things none of us saw happen where there was just this eureka moment of inspiration.
00:58:45.119 --> 00:58:50.239
We're like, we've been trying to solve this for two years and this prep and this conversation and this moment at St.
00:58:50.400 --> 00:58:52.000
Park City, that is the answer.
00:58:52.159 --> 00:58:52.320
Yeah.
00:58:52.480 --> 00:58:54.800
And we made two amazing decisions yesterday.
00:58:55.039 --> 00:59:00.239
And we had done a lot of prep work, leveraging 90, leveraging the AI tools that they have.
00:59:00.480 --> 00:59:02.480
That it wouldn't have gotten us there.
00:59:02.639 --> 00:59:12.400
We had to get in the room as a set of humans, apply pressure to that situation, using this amazing data that we have and the thinking partner we have in AI, yeah, to then have a human inspirational moment.
00:59:12.559 --> 00:59:12.719
Yeah.
00:59:12.880 --> 00:59:40.320
And so to me, that's what we're going to continue to manage is how do we create those moments of like, and and you don't and you know, it's funny that you bring this up because a couple like selfish personal comments about my old my experience as a as a coach, and I I uh don't have 800 because obviously I had a side job, um, so to speak.
00:59:40.719 --> 00:59:49.679
But um but hundreds and hundreds of sessions and um and probably you know close to a hundred clients over the years as a as a as a coach.
00:59:50.079 --> 01:00:05.920
And to me, if I didn't walk out of that session feeling like there were two or three light bulb moments that never would have happened right without me being in the room, I didn't feel good about myself.
01:00:06.239 --> 01:00:06.559
Agreed.
01:00:06.800 --> 01:00:13.760
And I got to the place where, you know, I would have my uh it was an iPad, right?
01:00:13.840 --> 01:00:16.320
And I'd write notes during the session a little bit.
01:00:16.480 --> 01:00:21.599
Um, and then I, you know, I I would write my, you know, one or two or three light bulb moments.
01:00:21.840 --> 01:00:34.960
And as we concluded, I will say, hey, by the way, you know, I thought these were like light bulb moments, and I just want to make sure that you felt like they were light bulb moments, because then I'll feel good about the work I've done today, right?
01:00:35.039 --> 01:00:39.519
But if there's no light bulb moments, yeah, then I I'm kind of like, why am I here?
01:00:39.679 --> 01:00:40.239
Yeah, agreed.
01:00:40.480 --> 01:00:40.719
Right.
01:00:40.880 --> 01:00:44.320
And and I'll be honest with you, and I told this to my clients, right?
01:00:45.440 --> 01:00:52.400
The latter half of the quarterly sessions, right, where we're just solving problems, I'm bored.
01:00:53.519 --> 01:00:54.960
I'm just being honest, right?
01:00:55.199 --> 01:00:59.119
So, you know, to me, the mechanics of all this stuff, right?
01:00:59.440 --> 01:01:01.199
It's like I'm not there for that.
01:01:01.280 --> 01:01:01.440
Yeah.
01:01:01.679 --> 01:01:02.880
I'll help you guys, right?
01:01:02.960 --> 01:01:04.559
I'll keep you disciplined, right?
01:01:04.719 --> 01:01:04.880
Right.
01:01:05.039 --> 01:01:07.280
But I'm there to help you have those light bulb moments.
01:01:07.440 --> 01:01:10.480
And I'm even okay with me being a little bit bored at the end.
01:01:10.559 --> 01:01:11.119
Yeah, right.
01:01:11.199 --> 01:01:11.519
Yeah.
01:01:11.760 --> 01:01:13.519
Um, if that can happen.
01:01:13.679 --> 01:01:13.840
Yeah.
01:01:14.000 --> 01:01:16.559
But I'm but I just have this real honest conversation with them.
01:01:16.639 --> 01:01:19.599
And sure, and I have clients who've been with me for years and years and years.
01:01:19.679 --> 01:01:24.000
And and uh, you know, for a while there, it's like, you don't really need me anymore.
01:01:24.159 --> 01:01:32.000
But to your point, you know, if you can have a few light bulb moments, really help someone take, you know, I call it the creative edge, right?
01:01:32.079 --> 01:01:40.159
Because that's where, you know, the if you think about tools and AI and everything that's going on, it compresses, right?
01:01:40.239 --> 01:01:42.239
There's so much of knowledge that's out there, right?
01:01:42.320 --> 01:01:44.159
It compresses so much.
01:01:44.639 --> 01:01:47.599
But humans are all about advancing useful information, right?
01:01:47.679 --> 01:01:50.719
Figuring, oh, you know, if these three things are true, then you can build this.
01:01:50.800 --> 01:01:54.400
Yeah,
you can stack it on that, on that stool, if you will, right?
01:01:54.800 --> 01:02:05.119
And and just seeing the being the part of the creative process and helping people take things to the next level, helping them figure out how to win the stage they're in.
01:02:05.280 --> 01:02:11.280
And then ultimately, you know, and I think a lot about this right now, you you know, I'm writing a few books.
01:02:11.760 --> 01:02:18.239
Um, the the book I'm actually in the middle of right now is on exits.
01:02:19.039 --> 01:02:19.599
Right.
01:02:19.920 --> 01:02:21.280
What do you need to do?
01:02:21.440 --> 01:02:22.079
Yeah.
01:02:22.719 --> 01:02:27.440
To feel like if you and you know the exit planning stuff, right?
01:02:28.320 --> 01:02:36.239
Death, disability, divorce, distress, what's the 50, something like that, right?
01:02:36.559 --> 01:02:43.679
Um you know, you don't get to most of the time, you don't get to decide your exit.
01:02:43.840 --> 01:02:44.159
Yeah.
01:02:44.639 --> 01:02:45.039
Right?
01:02:45.440 --> 01:02:48.800
So what are all the things that we need to do?
01:02:48.880 --> 01:02:49.199
Yeah.
01:02:49.440 --> 01:02:56.480
So when that moment comes, this thing that you put, you know, for m for most founders, right?
01:02:56.639 --> 01:02:58.400
At some point, it'll be decades.
01:02:58.559 --> 01:02:58.800
Yeah.
01:02:59.119 --> 01:02:59.360
Right?
01:02:59.519 --> 01:03:00.000
For most.
01:03:00.079 --> 01:03:00.239
Yeah.
01:03:00.559 --> 01:03:08.960
You put decades into this, and so for when that moment comes, the company is ready to thrive without you, right?
01:03:09.360 --> 01:03:12.880
And so just you know, that's a that's a human thing.
01:03:12.960 --> 01:03:13.199
Yeah.
01:03:13.440 --> 01:03:14.000
Right.
01:03:14.320 --> 01:03:18.159
And it's a hard conversation and it's not a one and done conversation.
01:03:18.639 --> 01:03:19.119
Absolutely not.
01:03:19.280 --> 01:03:19.519
You know?
01:03:19.760 --> 01:03:21.199
So back to your point, right?
01:03:21.360 --> 01:03:39.199
Really figuring out, you know, what the stages are, where they are developmentally, how to help them sort of take it to the next stage, how to have those eureka moments, walk out of sessions 90 plus percent of the time where you're like, man, I I yeah.
01:03:39.440 --> 01:03:44.480
And and you know, I I like I have a client, and you probably have a couple as well, right?
01:03:44.639 --> 01:03:50.719
I have a client I took from zero revenue to being worth hundreds of millions of dollars, right?
01:03:50.960 --> 01:03:55.039
Another client I took from a couple hundred million to over a billion dollar valuation, right?
01:03:55.280 --> 01:04:06.960
And it's just, you know, just the the the the joy is being a part of that journey and having a founder say right in your eyes, right?
01:04:07.199 --> 01:04:08.159
You helped me get here.
01:04:08.320 --> 01:04:08.639
Yeah.
01:04:08.800 --> 01:04:09.039
Right.
01:04:09.199 --> 01:04:11.119
You helped me do this, you helped me build this.
01:04:11.280 --> 01:04:11.599
Yeah.
01:04:11.840 --> 01:04:13.199
That's super rewarding.
01:04:14.639 --> 01:04:14.800
Yeah.
01:04:14.880 --> 01:04:18.079
It's incredible to have somebody say this would not have happened without you.
01:04:18.159 --> 01:04:18.320
Yeah.
01:04:18.559 --> 01:04:23.039
Like uh and not man, I just I couldn't have a better compliment, quite frankly.
01:04:23.199 --> 01:04:23.360
Yeah.
01:04:24.239 --> 01:04:24.400
Yeah.
01:04:24.639 --> 01:04:24.960
Awesome.
01:04:25.199 --> 01:04:25.519
Yeah, man.
01:04:25.760 --> 01:04:28.400
Hey man, I really appreciate you hanging in Park City.
01:04:28.639 --> 01:04:28.719
Yeah.
01:04:28.880 --> 01:04:29.360
Glad to do it.
01:04:29.599 --> 01:04:34.559
Glad you came here and uh um and uh we'll probably do this again sometime.
01:04:36.159 --> 01:04:36.639
Thanks, bud.
01:04:36.960 --> 01:04:37.280
Yep.